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Aerometrex Achieves Record Revenue Growth in FY24

Aerometrex Achieves Record Revenue Growth in FY24

Aerometrex Ltd. (AU:AMX) has released an update.

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Aerometrex Limited announced a successful financial year with a 9% increase in underlying revenue to $24.17 million, driven by strong growth in MetroMap subscriptions and LiDAR product sales, although statutory group revenue saw a slight decrease. The company highlighted significant contracts, technological advancements, and awards, emphasizing its transition towards a subscription-based model and the positive impact of its partnership with Aero Logistics.

For further insights into AU:AMX stock, check out TipRanks’ Stock Analysis page.

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