• Record revenue, accelerating subscription growth, and strong earnings momentum
• Shift toward higher-quality, recurring subscription revenue continues
• MetroMap platform upgrades and expansion of capture program

Aerometrex Ltd reported strong 1H26 results, with record revenue of $12.93 million, up 12.3% year-over-year. This was driven by 21.1% growth in MetroMap subscription revenue and a 16.1% increase in project revenue. The company continued to shift its revenue mix toward higher-quality, recurring subscription revenue, which now accounts for 44% of total revenue. EBITDA grew 237.7% to $3.55 million, reflecting improved revenue, cost discipline, subscription scale, and better utilization. Cash flow from operations was $4.11 million, up 534.5% year-over-year, and the company maintained a stable cash balance of $3.67 million. Key highlights included the MetroMap platform upgrades, which expanded coverage to 94% of the Australian population, added 56 new and extended areas, and increased capture frequency in key markets. The company also made major accelerations in platform development, adding new features such as oblique imagery, elevation data, and contour lines. Aerometrex's investor value proposition is underpinned by its clear financial inflection, the strength of the MetroMap business, and the potential for future growth, including corporate development opportunities and the ability to leverage its large data library for AI/ML applications.

Aerometrex provided the following forward-looking financial guidance: For the full year FY26, the company expects to deliver double-digit revenue growth, maintain a stable cash balance, and achieve significant EBITDA growth.

Aerometrex sees a large total addressable market available in Australia, with international expansion opportunities. The company also believes it has significant revenue upside potential without further expenditure, driven by the scalable SaaS/DaaS model, compelling product upgrades, and the ability to leverage its extensive data library.