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The latest announcement is out from Aerometrex Ltd. ( (AU:AMX) ).
Aerometrex Limited reported a strong first quarter for 2026, showcasing significant growth across its product lines. The MetroMap service achieved an annualized growth rate of 42.75% in its Annual Contract Value, driven by large government contracts, positioning the company towards breakeven for the program. Additionally, a major 3D project win in the US has bolstered its international reputation and revenue prospects. LiDAR revenue also saw a 52% increase compared to the previous year, contributing to the company’s maintained cash position of $3.84 million. These developments reflect the company’s strategic execution and potential for sustainable growth, supporting long-term shareholder value.
The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.
More about Aerometrex Ltd.
Aerometrex Limited is a leading aerial mapping company specializing in aerial imagery subscription services (MetroMap), LiDAR, and 3D mapping. The company operates across Australia and offers its 3D services globally, leveraging a strong board and executive team with significant industry experience.
Average Trading Volume: 100,570
Technical Sentiment Signal: Sell
Current Market Cap: A$19M
See more insights into AMX stock on TipRanks’ Stock Analysis page.