Aerometrex Ltd. (AMX) AI Stock Analysis

• Market Cap: AU$25.65M
• Dividend Yield: N/A
• Average Volume (3M): 72.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: -3.43%
• EPS Growth: -40.65%
• 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: 96,771
• 30 Day Avg. Volume: 72,702
• PEG Ratio: -0.08
• Price to Book (P/B): 1.20
• Price to Sales (P/S): 0.89
• P/FCF Ratio: -10.11
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: AU$0.24 ▼(-15.00% Downside)

Aerometrex Ltd. faces significant financial challenges, with declining revenues and profitability issues being the most critical factors. The technical analysis provides some positive signals, but the high RSI suggests potential overbought conditions. Valuation metrics are weak, with a negative P/E ratio and no dividend yield, further impacting the overall score.

Positive Factors

Proprietary capture capability

Owning and operating specialist aircraft and sensor payloads gives Aerometrex direct control over data capture timing, quality and costs. This reduces reliance on third‑party contractors, supports differentiated service offerings, and forms a durable operational moat for long‑term contract execution.

Recurring contract potential

The business model includes multi‑year and repeat government/enterprise programs that require periodic re‑capture. Such arrangements can create durable, predictable revenue streams and visibility, improving cash flow stability and strengthening customer relationships over several years.

Positive EBITDA indicates operational leverage

A positive EBITDA margin despite negative net and EBIT margins indicates core operations can generate gross cash profit before depreciation and financing. With scale, better utilization of aircraft and processing platforms could expand EBITDA and support long‑term margin recovery.

Negative Factors

Revenue decline and persistent losses

Sustained revenue decline combined with deeply negative net and EBIT margins signals structural demand, pricing, or cost issues. This erodes scale benefits in a capital‑intensive business, making it harder to cover fixed fleet and processing costs and threatening long‑term profitability.

High leverage

A debt/equity ratio near 1.9 reflects heavy reliance on borrowing to fund operations and assets. High leverage raises interest and refinancing risk, constrains investment in capture capacity or tech, and increases vulnerability to cyclical slowdowns in project awards or delays.

Weak cash generation

Massive FCF deterioration and poor cash‑to‑earnings conversion indicate limited internal funding for capex, maintenance of aircraft/sensors, and dataset refreshes. This forces dependence on external financing, reducing flexibility and risking service delivery and long‑term competitiveness.

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 generates revenue through a variety of channels, primarily by offering aerial imaging and geospatial services on a project basis. Key revenue streams include the sale of high-resolution aerial imagery, 3D modeling services, and subscription-based access to their geospatial data platform. The company also earns income by providing customized mapping and analysis services tailored to specific client needs. Significant partnerships with government agencies, urban developers, and environmental organizations further enhance its earnings potential by ensuring a steady demand for its services. Additionally, Aerometrex may benefit from long-term contracts that secure recurring revenue and foster ongoing relationships with key clients.

Aerometrex Ltd. Financial Statement Overview

Summary

Aerometrex Ltd. is facing financial challenges across all verticals. The income statement reflects declining revenues and persistent profitability issues. The balance sheet shows increased leverage, which could heighten financial risk. Cash flow analysis reveals significant declines in free cash flow, indicating liquidity concerns. The company needs to address operational inefficiencies and improve cash management to stabilize its financial position.

Income Statement

Aerometrex Ltd. has faced declining revenue over the past year, with a revenue growth rate of -2.50%. The company has consistently reported negative net profit margins, with the most recent being -27.47%, indicating ongoing profitability challenges. The EBIT margin is also negative at -35.85%, reflecting operational inefficiencies. However, the EBITDA margin of 5.74% suggests some potential for operational improvements.

Balance Sheet

The company's debt-to-equity ratio has increased to 1.89, indicating a higher reliance on debt financing, which could pose financial risks. Return on equity is negative at -36.81%, reflecting poor returns for shareholders. However, the equity ratio stands at 29.26%, suggesting a moderate level of equity financing relative to total assets.

Cash Flow

Aerometrex Ltd. has experienced a significant decline in free cash flow growth, down by 216.62%, indicating cash flow challenges. The operating cash flow to net income ratio is 0.17, suggesting limited cash generation relative to net income. The free cash flow to net income ratio is negative, further highlighting cash flow issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	23.91M	23.90M	24.75M	25.36M	25.03M	20.94M
Gross Profit	6.65M	23.90M	-2.23M	-1.88M	1.01M	211.00K
EBITDA	1.93M	1.37M	2.92M	4.10M	7.73M	2.94M
Net Income	-6.57M	-6.57M	-4.67M	-4.24M	-1.62M	-4.12M
Balance Sheet
Total Assets	60.99M	60.99M	53.05M	45.83M	44.67M	46.23M
Cash, Cash Equivalents and Short-Term Investments	3.88M	3.88M	8.31M	9.83M	14.14M	16.55M
Total Debt	33.66M	33.66M	20.31M	3.86M	2.92M	3.64M
Total Liabilities	43.15M	43.15M	28.53M	16.83M	11.67M	11.53M
Stockholders Equity	17.84M	17.84M	24.52M	29.00M	33.00M	34.33M
Cash Flow
Free Cash Flow	1.51M	-2.11M	-1.35M	-4.78M	-3.81M	-5.37M
Operating Cash Flow	2.28M	2.28M	6.24M	4.02M	4.99M	5.08M
Investing Cash Flow	-3.28M	-3.28M	-7.59M	-8.80M	-3.63M	-10.45M
Financing Cash Flow	-3.43M	-3.43M	-166.00K	462.00K	-3.76M	-321.00K

Aerometrex Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 0.26, above the 50-day MA of 0.26, and above the 200-day MA of 0.24, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.49 is Neutral, neither overbought nor oversold. The STOCH value of 85.19 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AMX	48 Neutral	AU$25.65M	-3.90	-31.01%	―	-3.43%	-40.65%
VR1	42 Neutral	AU$63.08M	-5.00	-70.54%	―	9.67%	31.03%
PRO	40 Underperform	AU$7.74M	-1.14	-133.07%	―	-4.90%	-52.78%
ICE	38 Underperform	AU$25.53M	-5.45	-135.50%	―	-48.98%	-12.82%

Aerometrex Ltd. Corporate Events

Aerometrex posts record first-half revenue and EBITDA on MetroMap and LiDAR rebound

Aerometrex has reported a record unaudited first-half result for the six months to 31 December 2025, with group statutory revenue expected between $12.75 million and $13.25 million, up 10–15% year on year, and EBITDA forecast to rise more than threefold to $3.25–3.75 million, surpassing its FY25 full-year result. The performance was driven largely by strong momentum in its MetroMap subscription platform, which achieved a record annual contract value of about $12.29 million and statutory subscription revenue of $5.5–5.9 million, underpinned by new product features such as oblique imagery, elevation and contour lines, and expanded coverage to 94% of the population. LiDAR revenues also rebounded to $6.2–6.6 million on the back of increased sales activity and better utilisation of Aerometrex’s aircraft fleet, while the company maintained a cash balance of $3.67 million for a third consecutive quarter of stable cash flow, signalling a clearer path toward sustainable profitability and reinforcing its competitive position in the geospatial data market.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.

Aerometrex Updates Director’s Interest Notice for Transparency

Aerometrex Limited announced a correction to a previously lodged Appendix 3Y for Director Robert Veitch, clarifying the closing balance of shares held. The update does not alter any other details of the form, and the Board of Directors has approved the release. This correction ensures transparency in the company’s reporting of director interests, maintaining trust with stakeholders and compliance with ASX regulations.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.

Aerometrex Issues CEO Performance Rights to Align Executive Incentives

Aerometrex Ltd. announced the issuance of 1,691,042 unquoted CEO Performance Rights as part of a previously announced transaction. This move reflects the company’s strategic initiatives to align executive incentives with performance goals, potentially impacting its operational dynamics and stakeholder interests.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.

Aerometrex Announces Proposed Securities Issue

Aerometrex Limited has announced a proposed issue of 1,691,042 securities under the ASX code AMX, scheduled for December 4, 2025. This issuance, categorized as CEO Performance Rights, is part of a strategic move to align executive compensation with company performance, potentially impacting the company’s market position and stakeholder interests.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.

Aerometrex Limited Announces Successful 2025 AGM Results

Aerometrex Limited announced the results of its 2025 Annual General Meeting, where all resolutions were carried. The resolutions included the adoption of the remuneration report, re-election of a director, approval of an employee incentive securities plan, a salary sacrifice plan, and the issuance of performance rights to the CEO. These outcomes reflect shareholder support for the company’s strategic initiatives and governance practices.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.

Aerometrex Ltd. Annual General Meeting Highlights

Aerometrex Ltd. held its Annual General Meeting on November 25, 2025. The presentation provided during the meeting was intended for informational purposes only and did not serve as an offer or financial advice. It emphasized that the information contained might not be comprehensive for evaluating the company’s assets or making investment decisions. The company highlighted the presence of forward-looking statements, which are subject to uncertainties and risks that could lead to different actual outcomes.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.

Aerometrex Achieves Growth Milestones and Strategic Advancements in 2025

Aerometrex Limited’s 2025 Annual General Meeting highlighted a year of strategic focus aimed at strengthening core businesses and achieving sustainable growth. The company reported significant growth in its MetroMap subscription base, reaching an Annual Contract Value of $11.54 million, surpassing the breakeven point. Despite challenges, Aerometrex maintained its market position in LiDAR and achieved strong growth in its 3D division. The company delivered an operating revenue of $23.90 million, with a notable increase in EBITDA by 19.7% to $3.46 million, driven by cost optimization and operational improvements. The strategic review conducted aims to enhance efficiency and explore corporate transactions for better shareholder value, while leadership changes have been implemented to support future growth.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.

Aerometrex Unveils Major MetroMap Platform Update

Aerometrex Limited has announced a significant update to its MetroMap Mapviewer platform, introducing major new features such as Oblique Imagery and an Elevation tool, alongside a modernized user interface. The update aims to enhance user experience and broaden the platform’s appeal, supporting increased revenue per subscriber. The company has also restructured its sales team to drive growth and enterprise adoption, while expanding its MetroMap Capture program to cover 94% of the population. This strategic development positions MetroMap for sustained growth and differentiation in the market.

The most recent analyst rating on (AU:AMX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aerometrex Ltd. stock, see the AU:AMX Stock Forecast page.