Aerometrex Ltd. (AU:AMX) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Aerometrex Ltd. is set to surpass the initial $2.65 million revenue target in its partnership with Landchecker, thanks to successful licence sales that have exceeded the minimum threshold set out in their 38-month MetroMap licence agreement. The deal underscores Aerometrex’s strategic growth through its partnership program, which is aimed at expanding its indirect customer base by collaborating with top Australian analytics firms. This development promises to boost future revenues for Aerometrex as the unbounded additional licence purchases by Landchecker continue.
For further insights into AU:AMX stock, check out TipRanks’ Stock Analysis page.