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Amaero International revenue jumps, but losses widen amid expansion

Summary by sharecafe.com.au

Amaero International (ASX:3DA) has reported a 143% increase in revenue to $1.66m for the half-year ended 31 December 2024, marking its first period of material commercial sales. However, losses deepened by 36% to $11.1m as the company continued investing in growth initiatives. The revenue increase was driven by powder sales ($1m) and Powder Metallurgy Hot Isostatic Pressing (PM-HIP) manufacturing ($0.7m). Despite this, the company remains unprof…

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sharecafe.com.au

Amaero International revenue jumps, but losses widen amid expansion

Amaero International (ASX:3DA) has reported a 143% increase in revenue to $1.66m for the half-year ended 31 December 2024, marking its first period of material commercial sales. However, losses deepened by 36% to $11.1m as the company continued investing in growth initiatives. The revenue increase was driven by powder sales ($1m) and Powder Metallurgy Hot Isostatic Pressing (PM-HIP) manufacturing ($0.7m). Despite this, the company remains unprof…

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sharecafe.com.au broke the news in 1 day ago on Friday, February 21, 2025.

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