Aerometrex hits record revenue and EBITDA growth

Geospatial tech firm Aerometrex (ASX:AMX) has reported record-breaking preliminary unaudited results for the first half of 2026, driven by a surge in its subscription business and a strong recovery in LiDAR services.

The company delivered its highest-ever H1 revenue and a substantial boost in EBITDA, signaling a clear shift toward sustainable profitability.

The standout performer was the MetroMap subscription platform, which reached a record annual contract value of approximately $12.3 million.

This represents a 35% annualised growth rate, fueled by new feature rollouts like oblique imagery and elevation data.

MetroMap surpassed a key milestone in December 2025, generating over $1 million in statutory subscription revenue in a single month.

Simultaneously, the LiDAR division saw a robust recovery, posting revenue between $6.2 million and $6.6 million.

This turnaround was bolstered by major contracts, including a project for Shell subsidiary QGC, and improved utilisation of the company’s aircraft fleet.

CEO Rob Veitch noted that with three consecutive quarters of stable cash balances and ACV now past the breakeven point, the company is at a "pivotal inflection point" for future earnings.

At the time of reporting, Aerometrex's share price was $0.27.