bullish
Amaero International Ltd - Capex programme extended, guidance for FY26 break even
SUMMARY
- RaaS Research has published an update report on advanced materials manufacturing group Amaero International (ASX:3DA) following its market update in which it guided to FY26 break-even and provided more granularity on its FY24 to FY26 capital expenditure progrramme.
- Amaero has provided an update to shareholders including changed guidance on when it expects to reach EBITDA break-even (six months later), a revised capex schedule and the milestones it expects to pass over the next six-to-12 months (same in quantum but timing changes).
- The company emphasised that the completion of C103 qualification by Amaero’s offtake counterparty (whom we believe is US defence giant Castheon) is the single most significant milestone in the company’s history.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Research as a Service (RaaS)
Insightful Financial Models and Research Analysis
Price Chart(Sign Up to Access)
- Amaero International Ltd - Capex programme extended, guidance for FY26 break even16 Aug 2024
x