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Aerometrex Ltd. (AU:AMX)
ASX:AMX
Australian Market
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Aerometrex Ltd. (AMX) AI Stock Analysis

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AU:AMX

Aerometrex Ltd.

(Sydney:AMX)

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Rating:32Underperform
Price Target:
AU$0.24
▼(-15.36% Downside)
Action:Downgraded
Date:05/01/26
Aerometrex receives a very low overall score of 32, driven primarily by severe financial distress: persistent net losses, rapidly deteriorating balance sheet with debt surging from $2.9M to $33.7M, and six consecutive years of negative free cash flow. Technical indicators confirm the bearish outlook with the stock trading well below all key moving averages and RSI in oversold territory. Valuation is essentially unratable given negative earnings and no dividend. The company's viability appears dependent on securing additional financing or achieving a dramatic operational turnaround, neither of which is evidenced in the current data. This stock carries substantial risk of further capital destruction.
Positive Factors
Recurring licensing revenue
Aerometrex's licensing model and dataset refresh cycles create repeatable revenue beyond one-off surveys. For government and infrastructure clients, periodic re-capture and multi-user licensing increase lifetime customer value, smoothing revenue volatility and leveraging prior captures to improve margins over time.
Negative Factors
Declining revenue & negative margins
Sustained revenue declines and large negative EBIT and net margins indicate structural unprofitability. Persistent losses erode equity, limit reinvestment in technology and fleet, and require material operational or commercial shifts to restore sustainable profitability and win large institutional contracts.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring licensing revenue
Aerometrex's licensing model and dataset refresh cycles create repeatable revenue beyond one-off surveys. For government and infrastructure clients, periodic re-capture and multi-user licensing increase lifetime customer value, smoothing revenue volatility and leveraging prior captures to improve margins over time.
Read all positive factors

Aerometrex Ltd. (AMX) vs. iShares MSCI Australia ETF (EWA)

Aerometrex Ltd. Business Overview & Revenue Model

Company Description
Aerometrex is a geospatial tech company specializing in providing geospatial solutions and insights. Its key products, MetroMap, LiDAR, and 3D visualization models, support a wide range of industries and customer requirements. The company, establi...
How the Company Makes Money
Aerometrex makes money primarily by selling geospatial data products and project-based services derived from aerial and other remote-sensing capture. Key revenue streams typically include: (1) Project/contract services: fees earned from executing ...

Aerometrex Ltd. Financial Statement Overview

Summary
Aerometrex exhibits severe financial distress across all three financial statements. The income statement score of 25 reflects persistent net losses (-27.5% margin), declining revenue (-2.5% YoY), and deeply negative operating margins. The balance sheet score of 18 highlights alarming debt accumulation (debt-to-equity of 1.89x, up from 0.08x in 2022), eroding equity (-27% decline), and a negative ROE of -36.8%. The cash flow score of 32 shows six consecutive years of negative free cash flow (-$2.1M), though operating cash flow remains marginally positive at $2.3M. The overall picture is one of a company burning through capital with no clear path to profitability.
Income Statement
25
Negative
Balance Sheet
18
Very Negative
Cash Flow
32
Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue25.07M23.90M24.75M25.36M25.03M20.94M
Gross Profit3.95M23.90M-2.23M-1.88M1.01M211.00K
EBITDA4.85M1.37M2.92M4.10M7.73M2.94M
Net Income-4.60M-6.57M-4.67M-4.24M-1.62M-4.12M
Balance Sheet
Total Assets41.01M60.99M53.05M45.83M44.67M46.23M
Cash, Cash Equivalents and Short-Term Investments3.67M3.88M8.31M9.83M14.14M16.55M
Total Debt25.30M33.66M20.31M3.86M2.92M3.64M
Total Liabilities24.84M43.15M28.53M16.83M11.67M11.53M
Stockholders Equity16.18M17.84M24.52M29.00M33.00M34.33M
Cash Flow
Free Cash Flow5.53M-2.11M-1.35M-4.78M-3.81M-5.37M
Operating Cash Flow5.74M2.28M6.24M4.02M4.99M5.08M
Investing Cash Flow-3.45M-3.28M-7.59M-8.80M-3.63M-10.45M
Financing Cash Flow-3.66M-3.43M-166.00K462.00K-3.76M-321.00K

Aerometrex Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.28
Price Trends
50DMA
0.26
Positive
100DMA
0.26
Positive
200DMA
0.26
Positive
Market Momentum
MACD
<0.01
Negative
RSI
62.78
Neutral
STOCH
80.56
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AMX, the sentiment is Positive. The current price of 0.28 is above the 20-day moving average (MA) of 0.27, above the 50-day MA of 0.26, and above the 200-day MA of 0.26, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.78 is Neutral, neither overbought nor oversold. The STOCH value of 80.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AMX.

Aerometrex Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
55
Neutral
AU$294.76M50.356.48%80.45%-7.95%
46
Neutral
AU$13.07M-100.00-2.67%25.60%76.00%
42
Neutral
AU$24.56M-5.36190.04%-42.72%
42
Neutral
AU$51.31M-19.82-16.92%11.52%41.43%
40
Underperform
AU$51.99M-3.28-60.02%15.14%-102.70%
32
Underperform
AU$24.70M-5.36-27.05%4.41%19.30%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AMX
Aerometrex Ltd.
0.29
0.06
29.55%
AU:3DP
Pointerra
0.03
-0.02
-35.42%
AU:SPZ
Smart Parking Limited
0.73
-0.09
-11.59%
AU:UBN
Urbanise.com
0.65
-0.15
-18.75%
AU:VR1
Vection Technologies Ltd.
0.02
-0.02
-45.00%
AU:1CG
UUV Aquabotix Ltd.
0.01
0.00
0.00%

Aerometrex Ltd. Corporate Events

Aerometrex wins $1.07m AI data licensing deals with Zeromatter and Neara
Jun 17, 2026
Aerometrex has secured two off-the-shelf data licence agreements worth a combined AUD $1.07 million with AI specialists Zeromatter Technologies and Neara. Zeromatter will use 3D datasets from Aerometrex&#8217;s U.S. and ANZ catalogues to train its...
Aerometrex Wins A$1.5m NSW Government Aerial Imagery Deal
Jun 5, 2026
Aerometrex has secured a A$1.5 million contract to supply aerial imagery and spatial data services to the NSW Government&#8217;s Digital Information Office via its MetroMap platform over an initial three-year term. The deal includes a licensing mo...
Aerometrex names veteran finance executive David Di Blasio as new CFO to drive growth
May 29, 2026
Aerometrex has appointed David Di Blasio as its new Chief Financial Officer, effective 1 June 2026, bringing two decades of finance experience across ASX-listed companies, including senior roles at Clean Seas Seafood, Amplitude Energy, Santos and ...
Aerometrex scales MetroMap through expanding partner program and uncapped licences
May 5, 2026
Aerometrex has expanded its MetroMap Partner Program, signing new agreements with OpenSolar, InCanopy, Lotsearch and Propedia that embed its high-resolution aerial imagery directly into their platforms. This broadens MetroMap&#8217;s role as a cor...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 01, 2026