How did Aerometrex (ASX:AMX) perform financially in the first half of 2026?

Aerometrex reported record results for the six months ending December 31, 2025, with group statutory revenue hitting $12.93 million, a 12.3% increase over the prior corresponding period.

Is Aerometrex (ASX:AMX) profitable yet?

While Aerometrex achieved record EBITDA, it still reported an operating loss before tax of $2.31 million for 1H26. However, this represents a significant 53% improvement compared to the same period last year.

What is driving the growth for Aerometrex (ASX:AMX)?

The primary growth engine is the MetroMap subscription platform, which reached a record annual contract value of $12.29 million, up 35% on an annualized basis.

How strong is the cash flow position for Aerometrex (ASX:AMX)?

Aerometrex saw a major surge in operational efficiency, with cash flow from operations rising 535% to $4.11 million compared to the prior year. Free cash flow also jumped 241% to $1.9 million.

What are the key expansion metrics for the MetroMap platform?

MetroMap increased its market footprint, now covering approximately 94% of the Australian population. During the period, Aerometrex added 8,000sqm to its program and introduced 56 new capture areas.

What does this H1 FY26 result mean for the Aerometrex (ASX:AMX) investment thesis?

The thesis is shifting from a speculative aerial mapping play to a more predictable "Software as a Service" (SaaS) model driven by MetroMap’s ACV growth. Investors should weigh the record EBITDA and improved cash flow against the remaining statutory pre-tax loss to determine if the company can maintain this momentum toward full bottom-line profitability.

What are the main bull and bear points for Aerometrex (ASX:AMX) after this news?

The bull case focuses on the massive 237.7% EBITDA growth and the fact that H1 FY26 earnings already beat full-year FY25 results. The bear case notes that despite record revenues, the company is still technically loss-making at the pre-tax level and remains sensitive to the capital-intensive nature of frequent aerial data captures.

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Aerometrex hits record revenue and EBITDA in H1 FY26

Written by Isaac FrancisPublished Feb 23, 2026, 3:31 AMLast Updated Jul 6, 2026, 10:45 AM

Aerometrex (ASX:AMX) announced financial results for the first half of 2026 ended Dec. 31, 2025.

The company achieved a record group statutory revenue of $12.9 million, representing a 12.3% increase over the prior corresponding period.

The growth was largely propelled by the continued success of the MetroMap subscription platform and a strong recovery in project revenue following improved LiDAR performance.

The company's profitability saw a surge, with EBITDA reaching a record $3.55 million—a 237.7% increase the prior year and higher than the total result for the entire 2025 fiscal year.

Operational efficiency also improved, with cash flow from operations rising 535% to $4.1 million, while free cash flow jumped 241% to $1.92 million.

Despite an operating loss before tax of $2.31 million, this figure represents a 53% improvement from the year-ago period.

MetroMap remains the company's primary growth engine, reaching a record annual contract value of $12.29 million, up 35% on an annualised basis.

The platform expanded its coverage to approximately 94% of the Australian population, adding 8,000km2 and introducing 56 new capture areas.

At the time of reporting, Aerometrex's share price was $0.28.

Aerometrex hits record revenue and EBITDA in H1 FY26

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