AMX delivers record first half revenue and EBITDA
| Stock | Aerometrex Ltd (AMX.ASX) |
|---|---|
| Release Time | 29 Jan 2026, 10:01 a.m. |
| Price Sensitive | Yes |
Aerometrex delivers record first half revenue and EBITDA
- Record 1H26 group statutory revenue up 10% to 15% on PCP
- Record first half EBITDA up 209% to 257% against PCP
- Record MetroMap Annual Contract Value up 35% on an annualised basis
Aerometrex Limited (ASX: AMX) today advises that its preliminary unaudited half year review results for the six months ended 31 December 2025 (1H26) has delivered record H1 revenue and substantial growth in EBITDA. The strengthening of financial performance is attributable to the continued focus on new customer acquisition, particularly across the MetroMap subscription platform which also drove strong growth in ACV. The result is the culmination of the significant effort last year in building the sales pipeline and continued cost discipline as part of the strategic review. Both these key metrics remain a firm focus for the company in 2026. MetroMap achieved record Annual Contract Value (ACV) of approximately $12.29m representing first half growth of 35% on an annualised basis and 32% since December 2024 with statutory subscription revenue in the range of $5.5m to $5.9m. Product competitiveness was strengthened further during the period with the successful rollout of oblique imagery, elevation, and contour lines, materially enhancing the platform's value proposition. Capture areas expanded by approximately 15% during 2025 due to aviation efficiencies, with MetroMap now covering 94% of the population, while ongoing production refinements significantly reduced publish times. LiDAR revenue recovered strongly from a slower FY25 to deliver revenue in the range of $6.2m to $6.6m, highlighted by a project with QGC Pty Limited, a Shell plc subsidiary, as announced on July 10, 2025. The improvement is a result of enhanced sales activity and a focus on increased utilisation of the company's own aircraft fleet.
Record 1H26 group statutory revenue in the range of $12.75m to $13.25m, up 10% to 15% on the prior corresponding period (PCP). Record first half EBITDA in the range of $3.25m to $3.75m, an increase of between 209% and 257% against PCP and higher than the full-year result for FY25.