Significant Update to MetroMap Platform

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Stock Aerometrex Ltd (AMX.ASX)
Release Time 6 Nov 2025, 8:56 a.m.
Price Sensitive Yes
 Aerometrex Announces Significant MetroMap Platform Update
Key Points
  • Largest ever update to MetroMap Mapviewer platform
  • Major new features including Oblique Imagery and Elevation tool
  • New Modern look User Interface
  • Increased coverage area with the same cost base
  • Investment in Sales team with proven talent and online channel
Full Summary

Aerometrex Ltd (ASX: AMX) is pleased to announce the largest ever update to its flagship MetroMap Mapviewer platform. The update includes major new features such as Oblique Imagery, Elevation tool, Dynamic Contour Lines, Terrain Hillshade, and AI-generated Insights layers. These changes have been made in direct response to customer requests and are expected to increase the platform's appeal to a broader audience, supporting an increase in Average Revenue Per Subscriber (ARPS). Aerometrex has also rebuilt its Sales function and team with industry veterans who have proven success driving growth at leading SaaS organizations. This new commercial structure is designed to accelerate enterprise adoption and extend reach into high-value verticals. The company has also continued to invest in its Digital Strategy, including an improved E-commerce function allowing customers to self-service purchases. The MetroMap Capture program coverage continues to increase annually, with a 15% year-over-year increase over the past two calendar years, in response to customer demand. MetroMap now covers 94% of the Australian population. Aerometrex's Managing Director & CEO, Robert Veitch, commented that the company now has all the building blocks to take MetroMap to the next level, with the product, team, coverage, and subscriber base to build sustained growth. This update is the first part of the company's long-term roadmap, which aims to differentiate MetroMap from its competitors.

Guidance

MetroMap Annual Contract Value (ACV) reached $11.54m at the end of FY26 Q1, covering the cost to deliver the MetroMap program. With a fixed cost base to deliver the program, additional ACV past this point directly supports further investment in product development and customer growth.

Outlook

Aerometrex is very excited to see what the remainder of FY26 brings, as this update is only the first part of the company's long-term roadmap, which will further differentiate MetroMap from its competitors.