Breakeven Date Change • May 20
Forecast breakeven date moved forward to 2027 The 2 analysts covering AML3D previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 47% to 2026. The company is expected to make a profit of AU$109.3k in 2027. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Breakeven Date Change • May 01
Forecast breakeven date moved forward to 2027 The 2 analysts covering AML3D previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 47% to 2026. The company is expected to make a profit of AU$109.3k in 2027. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Annonce • Oct 03
AML3D Limited, Annual General Meeting, Nov 03, 2025 AML3D Limited, Annual General Meeting, Nov 03, 2025. Location: at the offices of kpmg, level 7, 151 pirie street, adelaide sa 5000 Australia New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (45% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$7.4m revenue, or US$4.7m). Market cap is less than US$100m (AU$150.8m market cap, or US$97.0m). Reported Earnings • Aug 19
Full year 2025 earnings released: AU$0.016 loss per share (vs AU$0.017 loss in FY 2024) Full year 2025 results: AU$0.016 loss per share. Revenue: AU$7.39m (flat on FY 2024). Net loss: AU$7.40m (loss widened 78% from FY 2024). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Machinery industry in Australia. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Peter Siebels was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Nov 22
AML3D Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million. AML3D Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 94,161,258
Price\Range: AUD 0.19
Discount Per Security: AUD 0.0114
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 63,733,480
Price\Range: AUD 0.19
Discount Per Security: AUD 0.0114
Transaction Features: Subsequent Direct Listing Annonce • Oct 08
AML3D Limited, Annual General Meeting, Nov 08, 2024 AML3D Limited, Annual General Meeting, Nov 08, 2024. Location: unit 4, 136 mooringe ave, north plympton sa, Australia Recent Insider Transactions • Sep 22
CTO & Director recently sold AU$1.1m worth of stock On the 16th of September, Andrew Michael Sales sold around 7m shares on-market at roughly AU$0.15 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 28
Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.027 loss in FY 2023) Full year 2024 results: AU$0.017 loss per share (improved from AU$0.027 loss in FY 2023). Revenue: AU$7.32m (up AU$6.69m from FY 2023). Net loss: AU$4.17m (loss narrowed 23% from FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Jul 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$2.0m revenue, or US$1.3m). Market cap is less than US$100m (AU$50.9m market cap, or US$34.0m). New Risk • May 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (AU$2.0m revenue, or US$1.3m). Market cap is less than US$100m (AU$21.9m market cap, or US$14.6m). New Risk • May 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 33% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (33% increase in shares outstanding). Revenue is less than US$5m (AU$2.0m revenue, or US$1.3m). Market cap is less than US$100m (AU$19.5m market cap, or US$12.9m). Annonce • May 16
AML3D Limited has filed a Follow-on Equity Offering in the amount of AUD 3.012546 million. AML3D Limited has filed a Follow-on Equity Offering in the amount of AUD 3.012546 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: AUD 0.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 58,250,916
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Transaction Features: Subsequent Direct Listing Annonce • Apr 04
AML3D Limited has filed a Follow-on Equity Offering in the amount of AUD 3.925895 million. AML3D Limited has filed a Follow-on Equity Offering in the amount of AUD 3.925895 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 78,517,904
Price\Range: AUD 0.05
Transaction Features: Rights Offering New Risk • Apr 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.4m (US$9.36m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. Market cap is less than US$10m (AU$14.4m market cap, or US$9.36m). Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Revenue is less than US$5m (AU$2.0m revenue, or US$1.3m). Annonce • Jan 15
AML3D Limited Appoints Peter Siebels as Non-Executive Director and Chair of Audit & Risk Committee The Board of AML3D Limited announced the appointment of Mr. Peter Siebels as a Non-Executive Director and Chair of the Audit & Risk Committee, with immediate effect. Mr. Siebels is a chartered accountant and former partner at KPMG. He has extensive local and international experience including property and construction, mergers and acquisitions, and is the Director of specialist advisory firm 4D Advisory Pty Ltd. Annonce • Oct 09
AML3D Limited, Annual General Meeting, Nov 08, 2023 AML3D Limited, Annual General Meeting, Nov 08, 2023, at 12:30 Cen. Australia Standard Time. Location: 35 Woomera Avenue Edinburgh South Australia Australia Agenda: To receive and consider the Financial Report for the Company and the reports of the Directors and the Auditor for the year ended 30 June 2023; to consider re-election of Director; to consider Remuneration Report; to consider Ratification of Prior Issue of Placement Shares under Listing Rule 7.1 and 7.1A; to consider Grant of Options; to consider Grant of Performance Rights; and to consider approval of 10% Placement capacity. Annonce • Sep 18
AML3D Limited Appoints Sean Ebert to the Role of Managing Director and Pete Goumas as President of US Operations AML3D Limited announce the appointment of Mr. Sean Ebert to the role of Managing Director (MD) and Mr. Pete Goumas as President of US Operations, with immediate effect. The Board of AML3D has conducted a 4-month review to determine the company's future leadership structure. Following this review, Interim CEO, Mr. Sean Ebert, has been appointed to the role of Managing Director and Mr. Pete Goumas has been appointed to the new US based role of President of US Operations. Mr. Ebert is an Executive Director of the company and has acted as Interim CEO from June 2023. His extensive knowledge of AML3D's operations and strategy makes him ideally suited to executing on AML3D's growth aspirations. In the newly created role of President of US Operations, Mr. Goumas will be responsible for leading the execution of all aspects of AML3D's US growth strategy, foremost of which includes rapidly growing the company's position within the US Defense manufacturing sector. Mr. Goumas holds a Bachelor of Science in Mechanical Engineering from the University of Akron in Ohio and Master of Business Administration from Lynchburg College, Virgina and has relevant senior executive experience in both public and private US companies. Most recently, he was Vice President, Operational Strategy at Nasdaq-listed BWX Technologies ("BWX"), a supplier of nuclear components and services to the U.S. Government. Prior to this he held a series of roles which included managerial responsibility for welding engineering, materials science and quality assurance functions supporting activities in nuclear energy and related fields. Mr. Goumas has been granted the relevant clearances to provide support to the US Navy's Nuclear submarine program as part of his responsibilities. Reported Earnings • Aug 25
Full year 2023 earnings released: AU$0.027 loss per share (vs AU$0.033 loss in FY 2022) Full year 2023 results: AU$0.027 loss per share. Net loss: AU$5.44m (loss widened 11% from FY 2022). Board Change • Aug 09
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman Noel Cornish was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.0m free cash flow). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (AU$12.5m market cap, or US$8.35m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$1.9m revenue, or US$1.3m). Annonce • Jun 15
AML3D Limited Announces Management Changes AML3D Limited advised the following management changes with immediate effect. Mr. Ryan Millar, Chief Executive Officer of AML3D stepped down from the Chief Executive role after successfully reorienting AML3D's business strategy and sales towards the growing U.S. market. Mr. Sean Ebert, current Non-Executive Director, will assume the role of Interim CEO whilst the Company undergoes an executive search for a replacement CEO. Sean has extensive executive experience in both public and private sectors across high growth companies within the engineering, technology and emerging market sectors in Australia, US and Europe. Sean brings listed company and international experience to AML3D, is a Member of the Institute of Company Directors and holds a Bachelor Degree in Engineering with honours. Reported Earnings • Feb 25
First half 2023 earnings released: AU$0.014 loss per share (vs AU$0.018 loss in 1H 2022) First half 2023 results: AU$0.014 loss per share (improved from AU$0.018 loss in 1H 2022). Revenue: AU$146.1k (down 45% from 1H 2022). Net loss: AU$2.62m (loss narrowed 4.3% from 1H 2022). Recent Insider Transactions • Feb 15
CTO & Director recently sold AU$126k worth of stock On the 7th of February, Andrew Michael Sales sold around 1m shares on-market at roughly AU$0.10 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Annonce • Feb 07
AML3D Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. AML3D Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 41,666,667
Price\Range: AUD 0.072
Discount Per Security: AUD 0.0036
Transaction Features: Subsequent Direct Listing Board Change • Jan 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Sean Ebert was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Sean Ebert was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Interim Independent Non-Executive Chairman Sean Ebert was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Full year 2022 earnings released: AU$0.033 loss per share (vs AU$0.038 loss in FY 2021) Full year 2022 results: AU$0.033 loss per share (up from AU$0.038 loss in FY 2021). Revenue: AU$2.01m (up 213% from FY 2021). Net loss: AU$4.90m (loss narrowed 11% from FY 2021). Over the next year, revenue is forecast to grow 128%, compared to a 176% growth forecast for the Machinery industry in Australia. Reported Earnings • Mar 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.018 loss per share (down from AU$0.015 loss in 1H 2021). Net loss: AU$2.74m (loss widened 33% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 331%, compared to a 239% growth forecast for the industry in Australia. Reported Earnings • Oct 04
Full year 2021 earnings released: AU$0.038 loss per share (vs AU$0.038 loss in FY 2020) Full year 2021 results: Net loss: AU$5.52m (loss widened 78% from FY 2020). Reported Earnings • Aug 27
Full year 2021 earnings released: AU$0.038 loss per share (vs AU$0.038 loss in FY 2020) Full year 2021 results: Net loss: AU$5.52m (loss widened 78% from FY 2020). Is New 90 Day High Low • Feb 27
New 90-day low: AU$0.34 The company is down 24% from its price of AU$0.45 on 27 November 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is flat over the same period. Is New 90 Day High Low • Dec 31
New 90-day low: AU$0.35 The company is down 31% from its price of AU$0.51 on 30 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: AU$0.39 The company is down 29% from its price of AU$0.55 on 11 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period. Reported Earnings • Oct 03
Full year earnings released - AU$0.038 loss per share Over the last 12 months the company has reported total losses of AU$3.09m, with losses widening by 349% from the prior year. 
