Key Highlights

• Aerometrex provides LiDAR, photogrammetry and 3D modelling services.

• MetroMap provides recurring subscription-based aerial imagery.

• The company lifted FY26 guidance following MetroMap momentum.

• A New South Wales government imagery agreement was valued at about AUD 1.5mn.

Aerometrex (ASX:AMX) combines aerial mapping and geospatial services with the MetroMap subscription platform, providing a mix of recurring and project-based revenue.

Company Business

Aerometrex combines recurring MetroMap subscriptions with government and commercial projects. The subscription component can provide more consistent revenue, while project contracts can vary between periods.

Sector Context

Geospatial data is used across planning, insurance, agriculture and infrastructure. Demand for high-resolution imagery and mapping supports both subscription platforms and specialist project services.

Risks to Consider

Project Revenue can be lumpy, while the subscription Business must continue to grow. Competitive dynamics, contract timing and customer demand can affect quarterly performance.

What to Watch Next

MetroMap subscription growth, recurring-revenue trends, the company's updated guidance and new government or commercial contracts are the key operating indicators.