Amaero International generates $7.8M revenue in Q4
Share
- Amaero International achieved a record fourth-quarter revenue of $7.8 million, representing a 417% year-on-year surge driven by commercial demand.
- Full-year revenue jumped 376% to $18 million to $20 million guidance range.
- Amaero expanded its backlog to $23.1 million and brought a third atomiser online early to boost annual powder capacity.
Amaero International (ASX:3DA) generated record fourth-quarter revenue of $7.8 million following increased commercial demand for its specialised metal powders and components.
The strong quarterly performance surpassed previous periods and lifted the company's full-year revenue to $18 million to $20 million guidance target.
“We appreciate being selected as a trusted and strategic partner with unique technical and production capabilities, and we look forward to collaborating with DoW to advance the next generation refractory alloy powders,” said Amaero CEO Hank J. Holland.
A six-week production pause deferred $23.1 million.
Following the announcement, the Amaero share price was up at $0.34.
The company completed its corporate redomiciliation to the United States while retaining its primary listing on the ASX.
Commercial growth was further supported by a $6.5 million contract with the US Department of War to develop alternative high-temperature alloy powders.
