Aerometrex Ltd. (AMX) AI Stock Analysis

• Market Cap: AU$19.95M
• Dividend Yield: N/A
• Average Volume (3M): 20.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: -11.35%
• EPS Growth: -49.13%
• Country: AU
• Employees: 118
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.06
• Shares Outstanding: 94,990,640
• 10 Day Avg. Volume: 26,510
• 30 Day Avg. Volume: 20,815
• PEG Ratio: -0.04
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Aerometrex Ltd. faces significant challenges with declining revenues and profitability, reflected in a low financial performance score. The technical analysis further indicates bearish trends, and the valuation metrics are unattractive due to negative earnings and lack of dividends. These factors contribute to a low overall stock score.

Aerometrex Ltd. Business Overview & Revenue Model

Company Description

Aerometrex Limited engages in aerial mapping business in Australia and the United States. The company offers an aerial LiDAR surveying service which maps the ground surface using airborne lasers; and aerial imagery subscription services. It also provides 3D solutions, which include 3D modelling and mapping system derived from oblique aerial photographs; and MetroMap, an online imagery web-serving application. The company serves architecture, engineering, and construction; energy and utilities; environment and disaster management; events, media, and entertainment; forestry and agriculture; government; insurance and financial services; natural resources, mining, and exploration; property and real estate; telecommunications; and transport, logistics, and traffic management industries. Aerometrex Limited was founded in 1980 and is headquartered in Glynde, Australia.

How the Company Makes Money

Aerometrex Ltd. generates revenue primarily through the sale of its geospatial data products and services. The company's key revenue streams include the licensing of high-resolution aerial imagery, LiDAR data collection and processing services, and the creation of 3D models for urban planning and infrastructure projects. Aerometrex also offers subscription-based access to its geospatial analytics platforms, allowing clients to leverage aerial data for decision-making processes. Significant partnerships with government agencies and private sector companies enhance its market reach and contribute to its earnings by securing long-term contracts and repeat business from established clientele.

Aerometrex Ltd. Financial Statement Overview

Summary

Aerometrex Ltd. is experiencing declining revenues and profitability, with negative EBIT and net income margins impacting the income statement. The balance sheet shows increased leverage risk despite a solid cash position. Cash flow performance is mixed, with improved operating cash flow but negative free cash flow. Overall, the company faces financial challenges that need to be addressed to stabilize its position.

Income Statement

Aerometrex Ltd. has faced declining revenue over the past year, with a 2.4% drop from 2023 to 2024. The company shows a persistent struggle with profitability, as evidenced by negative EBIT and net income margins. Gross profit margin has slightly improved but remains low, indicating challenges in managing costs or pricing. EBITDA margin is positive, suggesting some operational efficiency, but the net profit margin remains a concern.

Balance Sheet

The company's debt-to-equity ratio increased significantly due to higher total debt, indicating increased leverage risk. The equity ratio has worsened over the past year, but the company still maintains a substantial equity base. Return on equity remains negative, reflecting ongoing net losses. However, liquidity remains relatively strong with a solid cash position.

Cash Flow

Aerometrex Ltd. improved operating cash flow, showing an increase compared to the previous year, suggesting better cash generation from operations. However, free cash flow remains negative, primarily due to high capital expenditures. The operating cash flow to net income ratio is strong, indicating efficient cash conversion, but reliance on external financing is evident.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	24.52M	24.75M	25.36M	25.03M	20.94M	20.09M
Gross Profit	6.81M	6.90M	-1.88M	1.01M	211.00K	3.39M
EBITDA	2.67M	2.92M	4.15M	7.73M	2.94M	4.55M
Net Income	-5.71M	-4.67M	-4.24M	-1.62M	-4.12M	-293.00K
Balance Sheet
Total Assets	64.62M	53.05M	45.83M	44.67M	46.23M	50.13M
Cash, Cash Equivalents and Short-Term Investments	5.04M	8.31M	9.83M	14.14M	16.55M	22.24M
Total Debt	35.16M	20.31M	3.86M	2.92M	3.64M	3.13M
Total Liabilities	43.94M	28.53M	16.83M	11.67M	11.53M	12.52M
Stockholders Equity	20.68M	24.52M	29.00M	33.00M	34.33M	37.21M
Cash Flow
Free Cash Flow	1.88M	-1.35M	-4.78M	-3.81M	-5.37M	-2.65M
Operating Cash Flow	3.05M	6.24M	4.02M	4.99M	5.08M	8.16M
Investing Cash Flow	-5.46M	-7.59M	-8.80M	-3.63M	-10.45M	-11.56M
Financing Cash Flow	-2.76M	-166.00K	462.00K	-3.76M	-321.00K	20.53M

Aerometrex Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AMX, the sentiment is Negative. The current price of 0.21 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.25, and below the 200-day MA of 0.28, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 34.96 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AMX.

Aerometrex Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	3.41B	11.69	-33.07%	5.47%	15.60%	34.33%
AMX	44 Neutral	AU$19.95M	―	-24.21%	―	-11.35%	-49.13%
ELXMF		$21.34M	―	-50.50%	―	―	―
EOPSF		$330.17M	―	-16.26%	―	―	―
PTRRF		$27.87M	―		―	―	―
SP3	41 Neutral	AU$4.01M	―	-244.13%	―	7.28%	31.75%
ENX	40 Neutral	AU$4.95M	―	-60.44%	―	-100.00%	50.00%

Aerometrex Ltd. Corporate Events

Aerometrex Renews Multi-Million Dollar Agreement with Landchecker

Aerometrex Limited has renewed its agreement with Landchecker, extending the contract term with a significant increase in the minimum commitment to $3.0 million through to FY27, with an option to extend to FY29. This renewal highlights Aerometrex’s successful partnership model, which aims to expand its indirect customer base and boost annual recurring revenue by collaborating with leading analytics companies like Landchecker.

Aerometrex’s MetroMap Surpasses $10 Million in Annual Contract Value

Aerometrex Limited announced that its MetroMap platform has surpassed $10 million in Annual Contract Value, marking a significant milestone with a 22% compound annual growth rate. This achievement underscores the strategic investments in MetroMap and highlights its growing importance across various industries, enhancing data-driven decision-making for organizations.

Aerometrex Secures Major LiDAR Contract with Queensland Government

Aerometrex Limited has secured a significant LiDAR contract worth approximately $0.875 million with the Queensland Government, aimed at delivering high accuracy airborne LiDAR, aerial imagery, and elevation datasets across south-west Queensland. This project, funded by both the Australian and Queensland governments under the Disaster Recovery Funding Arrangements, reinforces Aerometrex’s strong relationship with the Queensland Government and is expected to be completed within 2025.