Amaero half-year revenue increases 367%
Amaero Ltd, McDonald, Tennessee, USA, reported revenue of AU$7.76 million for the half-year ended December 31, 2025, a 367% increase compared to AU$1.66 million in the prior corresponding period. Revenue included AU $6.74 million from powder sales and AU $1.02 million from Powder Metallurgy Hot Isostatic Pressing (PM-HIP) manufacturing services.
Despite the increase in revenue, the company reported a comprehensive loss for the half-year ended December 31, 2025, of AU $17.49 million. Included in the reported loss were foreign currency translation losses totalling AU $2.15 million. Foreign currency translation losses were said to be driven by the weakening of the US dollar versus the Australian dollar during the period.
Amaero issued 126,175,000 fully paid ordinary shares in connection with its AU $50 million Placement and follow-on Share Purchase Plan (SPP) for existing shareholders, resulting in total gross proceeds of approximately AU $50.5 million. Shares issued under both the placement and SPP were priced at AU $0.40 per share.
During the half-year, the principal continuing activities of the group were the production of refractory and titanium alloy spherical powders and the manufacture of near-net-shape parts for mission-critical applications across the defence, space, aviation, medical and industrial sectors.
The company also executed multiple strategic agreements and advanced key customer and industry relationships. This included entering into exclusive long-term supplier and development agreements with Titomic Limited and Knust-Godwin.
Additionally, Amaero progressed technical qualification milestones supporting customer purchase orders, including receipt of a Letter of Support from the United States Navy, recognising the company’s PM-HIP manufacturing capability as a viable and technically mature alternative to traditional manufacturing methods.
It also expanded collaboration activities with aerospace and defence counterparties and executed capital investment commitments to support future production capacity and cost competitiveness. Amaero also made changes to its executive and technical leadership team and commenced trading on the OTCQX Best Market.
