bullish
Amaero International Ltd - ADDMAN qualification of C103 powder a major milestone
SUMMARY
- RaaS has published an update report on advanced materials manufacturing group Amaero International (ASX:3DA) following its announcement that it has completed qualification of C103 additive manufacturing powder with US advanced manufacturing conglomerate ADDMAN Group more than a quarter ahead of schedule.
- Amaero notes that expected future sales from this relationship are material to its revenue and is a key assumption underpinning Amaero’s guidance that it will achieve EBITDA break-even in FY26.
- Our FY26f EBITDA forecast of $0.1m assumes qualification is achieved.
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- Amaero International Ltd - ADDMAN qualification of C103 powder a major milestone09 Sep 2024
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