AML3D reports half-year revenues up 200%
February 25, 2025
AML3D Limited, headquartered in Edinburgh, Australia, has reported half-year revenues of AUS$4.63 million, up 206% from the AUS$1.51 million revenue of the same period in 2023. The company’s cash position is AUS$32.1 million as of December 31, 2024, following the AUS$30 million of capital raised (before costs) via an equity placement completed that December.
This growth has been attributed, in part, to its US scale-up strategy, which focuses on US defence and Navy submarines. AML3D plans to invest a further AUS$1 million to support US growth and take advantage of a US Defence award of over AUS$950 million for advanced manufacturing and metal Additive Manufacturing to accelerate the US Navy Submarine programme.
AML3D also noted its intention to invest AUS$5 million to expand into Europe and the UK Defence sector and AUS$3 million towards maintaining its market position.
The full interim report is available here.
