Amaero International Ltd (AU:3DA) has released an update.
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Amaero International Ltd has revised its financial forecast, slightly increasing its capital expenditure expectations from $71.3 million to $71.5 million over FY2024-FY2026, with some FY2024 investments pushed to the next fiscal year. Additionally, the company now anticipates reaching EBITDA breakeven in FY2026, a delay of six months from its previous estimate. This update aims to help investors gauge the capital needed for the company’s growth and operational funding.
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