Annuncio • Aug 05
Amaero Inc. Announces Board Resignations, Effective August 4, 2026 Amaero Inc. announced that Mr. Jamie Levy and Mr. Alistair Cray had given notice of their resignations from their respective roles as non-executive directors of the Company and would leave the business effective on August 4, 2026. The Board had been reconstituted to a fully US board following the completion of the Company’s re-domiciliation to the United States and is intended to address Foreign Ownership, Control or Influence (FOCI) considerations relevant to the Company’s defense contracts. Both Mr. Levy and Mr. Cray had entered into consultancy agreements with the Company under which they would provide services to the Company until December 31, 2026 (unless extended by mutual agreement of the parties). Their services would include investor relations in Australia, general corporate advisory services, and such other services as may be agreed between the parties from time to time. Annuncio • Jul 14
Amaero Ltd to Report Q4, 2026 Results on Jul 22, 2026 Amaero Ltd announced that they will report Q4, 2026 results on Jul 22, 2026 Annuncio • Jul 10
Amaero Resumes Titanium Powder Production Amaero Inc. announced that it has resumed titanium powder production. Following safety incidents in May1, the company committed to “lean in” and to take proactive measures to improve the safety of operations and to position the operations for future growth and scale. The Company paused titanium powder production so that it could solely focus its efforts on a comprehensive review of process, system and facility safety with resulting remediation and improvements. The review was led by Amaero’s leadership team, advised by senior consultants from Jensen Hughes, and informed by technicians, operators, maintenance and facilities staff. Though the company is mindful of customers’ need for reliable and timely supply of powder, the company committed to a “Safety First” approach for the safety review and remediation process. Throughout the safety review and remediation process, the company has collaborated closely with the Cleveland Fire Department, City of Cleveland, Bradley County and the State of Tennessee. The company has welcomed the engagement and Amaero has communicated in a transparent and proactive manner. Annuncio • May 17
Amaero Ltd Resumes Normal Operations At Tennessee Facility Amaero Ltd. advised that an incident recently occurred at its manufacturing facility in McDonald, Tennessee. Manufacturing operations and production resumed normal operations on morning of May 14. A brief flash fire occurred at Amaero’s manufacturing facility in Tennessee on May 13 which was contained to a small area. Two members of the Company’s production team sustained burn injuries to their extremities, received prompt medical attention and were immediately transported for medical care. Both are in stable condition and are expected to make a full recovery. The facility and production equipment did not sustain damage. Production shifts were cancelled for the remainder of the day following the incident. Manufacturing operations and production resumed normal operations on the morning of May 14. It is not expected that operations or production will be adversely impacted. Board Change • May 01
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. 5 non-independent directors. Non-Independent Non-Executive Director Bob Latta was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Breakeven Date Change • May 01
No longer forecast to breakeven The 3 analysts covering Amaero no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$40.3m in 2028. New consensus forecast suggests the company will make a loss of AU$9.00m in 2028. Annuncio • Apr 23
Amaero Ltd Announces Board Changes On March 10, 2026, Amaero announced the nomination of Tim ‘TJ’ Johnson as a Non-Executive Director, subject to satisfying requisite regulatory requirements. Upon appointment, Mr. Johnson is expected to assume the role of Chairman of the Audit and Risk Committee. Mr. Johnson brings extensive experience as a Chief Financial Officer and director of US-listed companies, strengthening Amaero’s financial governance and public company capability as the Company progresses its proposed re-domiciliation .His prior roles include CFO of Victoria’s Secret and Big Lots Inc., and current directorships at Dollar Tree Brinker International and Driven Brands. Concurrent with Mr. Johnson’s appointment, Eric Bono will transition from Executive Director to a board advisory role and continue in senior executive role as Chief Technology Officer. Following these changes, Amaero’s seven-member Board will comprise one Executive Director and six Non-Executive Directors. Annuncio • Apr 16
Amaero Ltd to Report Q3, 2026 Results on Apr 21, 2026 Amaero Ltd announced that they will report Q3, 2026 results Pre-Market on Apr 21, 2026 Annuncio • Mar 10
Amaero Ltd Announces Step Down of Eric Bono as Executive Director Amaero Ltd. announced that Eric Bono will step down from the Board as an Executive Director. Mr. Bono will continue in his executive role as Amaero’s Chief Technology Officer and will remain closely engaged with the Board. Annuncio • Jan 15
Amaero Ltd Updates Earnings Guidance for the Fiscal Year 2026 Amaero Ltd. updated earnings guidance for the fiscal year 2026. For the year, company updated revenue estimate to AUD 18 million to AUD 20 million, an increase of 372% to 425% over FY2025. Board Change • Dec 24
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 1 independent director. 6 non-independent directors. Non-Independent Non-Executive Director Bob Latta was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annuncio • Oct 18
Amaero Ltd, Annual General Meeting, Nov 18, 2025 Amaero Ltd, Annual General Meeting, Nov 18, 2025. Annuncio • Sep 03
Amaero Ltd. Updates Earnings Guidance for Full Fiscal Year 2026 Amaero Ltd. updated earnings guidance for full fiscal year 2026. For the year, the company estimates revenue for the Fiscal Year 2026 period of AUD 30 million to AUD 35 million or a year-over-year increase of approximately 800%-900%. Reported Earnings • Aug 19
Full year 2025 earnings released: AU$0.04 loss per share (vs AU$0.039 loss in FY 2024) Full year 2025 results: AU$0.04 loss per share (further deteriorated from AU$0.039 loss in FY 2024). Net loss: AU$24.7m (loss widened 36% from FY 2024). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Board Change • Aug 18
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of the Industry Advisory Board David Carbon is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Aug 14
Amaero Ltd Provides Earnings Guidance for the First Quarter and Reaffirms Earnings Guidance for Full Fiscal Year 2026 Amaero Ltd. provided earnings guidance for the first quarter and reaffirmed earnings guidance for full fiscal year 2026. For the quarter, the company estimates revenue equal to approximately AUD 5.5 million, a 550% increase from the first quarter of fiscal year 2025 period.
For the year, the company reaffirms that it expects to significantly scale revenue. Annuncio • Jun 30
Amaero Ltd Appoints Brett Paduch as Chief Financial Officer, Effective 14 July 2025 Amaero Ltd. announced the appointment of Brett Paduch as Chief Financial Officer, effective 14 July 2025. After graduating from The Citadel with Bachelor of Science, Business Administration with Accounting Concentration and Summa Cum Laude honors, Mr. Paduch spent 11 years with PwC LLC ("PwC"). While at PwC, he served as Lead Global Audit Senior Manager for Ingersoll Rand, a diversified industrial company with $14 billion of revenue. Most recently, he served as Chief Financial Officer of a private equity owned business with $160 million of revenue. Prior roles included SVP of Finance at a subsidiary of NASDAQ-listed company with a market capitalization of $50 billion, following a promotion from Director Accounting at the company's corporate headquarters. Mr. Paduch has strong experience in FP&A, strategic planning, capital markets and M&A transactions. He and his family will be re-locating to the Chattanooga, Tennessee area. Annuncio • Jun 24
Amaero Ltd Commissions 2Nd Atomizer on Schedule Amaero Ltd. announced that it has completed commissioning of the 2nd advanced Electrode Induction Melting Inert Gas Atomizer (EIGA Premium) on schedule1 at its Tennessee manufacturing facility. Amaero's advanced atomizer technology is the 2nd custom designed EIGA Premium to be commissioned in the U.S. and the 3rd to be commissioned in the world. The Company gave prior guidance2 that revenue growth was expected to accelerate in the current quarter (4Q fiscal 2025) and that revenue was expected to significantly scale in fiscal year. The Company reaffirms its guidance and is pleased to share that with contracted sales from long-term agreements and from received purchase orders, the Company has visibility to approximately 80% of its planned revenue for first quarter and second quarter of fiscal year. The AUD 28 million improvement project for Amaero's 9,290 square metre (100,000 square feet) manufacturing and corporate headquarters facility in Tennessee will be substantially completed on schedule by the end of June 2025. The 3rd EIGA Premium atomizer that was ordered in December 2024 is on schedule to be delivered in March 2026 and to be commissioned in June 2026. Annuncio • May 29
Amaero Ltd Reaffirms Financial Guidance for the Fiscal Year 2026 Amaero Ltd. reaffirmed financial guidance for the fiscal year 2026. The Company reaffirms that revenue growth is expected to accelerate in the current quarter and that revenue is expected to significantly scale in FY2026. Annuncio • Apr 04
Amaero International Ltd Announces Resignation of Chris Scanlon as Chief Financial Officer, Effective at the End of April 2025 Amaero International Limited announced that Chris Scanlon has given notice of his resignation from his role as Chief Financial Officer (CFO) of the Company and will leave the business at the end of April 2025. The Company thanks Mr. Scanlon for his contributions as CFO and acknowledges his integral role in the Company's financial and operational progress. The Company will commence an executive search to recruit a new CFO and will update the market as appropriate. Annuncio • Mar 24
Amaero International Ltd Announces Change in Company Secretary Amaero International Limited announced the appointment of Ms Laura Newell as Company Secretary, effective immediately. Ms Newell's appointment follows the resignation of Mr. Mark Licciardo of Acclime Corporate Services Australia Pty Ltd. (Acclime) as Company Secretary, effective immediately. The Board thanks Acclime for their contribution during their tenure. Ms Newell is a Chartered Secretary with Source Governance and has over 15 years' experience in providing company secretarial and corporate advisory services to ASX and NSX listed companies across a variety of sectors. She has also acted as company secretary for public unlisted and proprietary companies, monitoring and managing their corporate governance and compliance frameworks. Annuncio • Feb 11
Amaero International Ltd has completed a Follow-on Equity Offering in the amount of AUD 22 million. Amaero International Ltd has completed a Follow-on Equity Offering in the amount of AUD 22 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,333,334
Price\Range: AUD 0.3
Discount Per Security: AUD 0.015
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.3
Discount Per Security: AUD 0.015
Transaction Features: Subsequent Direct Listing Board Change • Feb 04
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of the Industry Advisory Board David Carbon is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 24
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of the Industry Advisory Board David Carbon is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Sep 27
Amaero International Ltd, Annual General Meeting, Oct 29, 2024 Amaero International Ltd, Annual General Meeting, Oct 29, 2024. Location: at level 35, tower two, international towers, 200 barangaroo avenue, sydney nsw 2000 Australia Annuncio • Sep 17
Amaero International Ltd has completed a Follow-on Equity Offering in the amount of AUD 25 million. Amaero International Ltd has completed a Follow-on Equity Offering in the amount of AUD 25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 56,070,027
Price\Range: AUD 0.35
Discount Per Security: AUD 0.0175
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,358,544
Price\Range: AUD 0.35
Discount Per Security: AUD 0.0175
Transaction Features: Subsequent Direct Listing Annuncio • Sep 11
Lucy Robb Vujcic Announces Not to Stand for Re-Election as Director of Amaero International Limited Amaero International Limited announced that Non- Executive Director, Lucy Robb Vujcic, has informed the Company that she does not intend to stand for re-election as a director of Amaero at the upcoming Annual General Meeting being held on 29 October 2024. Breakeven Date Change • Aug 31
Forecast to breakeven in 2027 The 2 analysts covering Amaero International expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 40% per year to 2026. The company is expected to make a profit of AU$11.5m in 2027. Average annual earnings growth of 68% is required to achieve expected profit on schedule. Reported Earnings • Aug 30
Full year 2024 earnings released: AU$0.039 loss per share (vs AU$0.036 loss in FY 2023) Full year 2024 results: AU$0.039 loss per share (further deteriorated from AU$0.036 loss in FY 2023). Net loss: AU$18.1m (loss widened 45% from FY 2023). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Breakeven Date Change • Aug 29
No longer forecast to breakeven The 2 analysts covering Amaero International no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$6.30m in 2027. New consensus forecast suggests the company will make a loss of AU$2.40m in 2027. New Risk • Aug 16
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$15m Forecast net loss in 2 years: AU$9.9m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$839k revenue, or US$556k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$9.9m net loss in 2 years). Shareholders have been diluted in the past year (30% increase in shares outstanding). New Risk • May 24
New major risk - Revenue and earnings growth Earnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (AU$839k revenue, or US$554k). Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding). Annuncio • Mar 28
Amaero International Ltd has completed a Follow-on Equity Offering in the amount of AUD 20 million. Amaero International Ltd has completed a Follow-on Equity Offering in the amount of AUD 20 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,606,061
Price\Range: AUD 0.33
Discount Per Security: AUD 0.0165
Transaction Features: Subsequent Direct Listing New Risk • Feb 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$11m free cash flow). Revenue is less than US$1m (AU$839k revenue, or US$545k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$146.2m market cap, or US$95.0m). Annuncio • Nov 23
Amaero International Ltd has filed a Follow-on Equity Offering in the amount of AUD 10 million. Amaero International Ltd has filed a Follow-on Equity Offering in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,110,580
Price\Range: AUD 0.16
Discount Per Security: AUD 0.008
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 41,389,420
Price\Range: AUD 0.16
Discount Per Security: AUD 0.008
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Oct 31
Amaero International Ltd Approves Directorate Appointments Amaero International Ltd. at its AGM held on October 31, 2023, approved election of Bob Latta and Jamie Levy as directors. Breakeven Date Change • Oct 05
Forecast to breakeven in 2026 The analyst covering Amaero International expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$26.3m in 2026. Average annual earnings growth of 69% is required to achieve expected profit on schedule. Annuncio • Sep 29
Amaero International Ltd Announces Appointment of Jamie Levy as Non-Executive Director, Effective 31 October 2023 Amaero International Ltd. announced that Mr. Jamie Levy has been appointed as a Non-Executive Director of the Company, effective 31 October 2023. Jamie's appointment follows the announcement made to the ASX on 4 September 2023 which advised that the search for a replacement Australian-based director was underway, after receiving notice of Mr. David Hanna's resignation which would be effective upon conclusion of the Annual General Meeting on 31 October 2023. Jamie is a senior corporate lawyer and international business leader who has developed a unique combination of legal, commercial and advisory skills gained through working closely with some of the world's leading investment organizations over 20+ years, both in the private and public sectors. Presently, Jamie serves as Senior Advisor to the Abu Dhabi Investment Office (ADIO), the central government hub supporting private sector investment in the Emirate of Abu Dhabi. Jamie is also appointed by the United Arab Emirates to serve as an Advisory Board Member of the Australia UAE Business Council, with a focus on increasing bilateral trade and investment. Prior to joining ADIO, Jamie was a Corporate Law Partner in KPMG Law's Sydney office, advising on corporate transactions, corporate governance and legal technology adoption. Jamie spent over 8 years living and working in Abu Dhabi, and was General Counsel at Mubadala Investment Company, advising Aerospace, Defence, ICT, Private Equity and Healthcare business units, before returning to Sydney and taking up the position with KPMG. His formative legal years were spent at King & Wood Mallesons (Sydney) and New York Law firm, Debevoise & Plimpton (London) where he obtained significant experience in advising private equity fund sponsors and investors in relation to establishment and investment into private equity funds. Annuncio • Sep 15
Amaero International Ltd Appoints Eric Bono as Director Amaero International Ltd. announced the appointment of Eric Bono as Director of the company. Date of appointment is 14 September 2023. Annuncio • Aug 30
Amaero International Ltd. Announces Executive Additions for US Leadership Amaero International Ltd. announced that Eric Bono joined as President and Chief Technical Officer· Dr. David Schmidt joined as Director of Computational Analysis Technical expertise at new U.S. plant materially enhanced Eric Bono brings extensive experience and relationships in powder metallurgy and additive/alternative manufacturing. Over the past 28 years, Eric has held leadership roles across technical and sales functions for various industry leaders, including 6K, Carpenter Technology, Puris, Summit Materials and Crucible Research. His education includes a Bachelor of Science and a Master of Science in Mechanical Engineering from University of Pittsburgh, and an MBA from Carnegie Mellon. As Amaero's President and Chief Technical Officer, Eric will lead corporate strategy, project planning /management, process development and equipment procurement for the McDonald, Tennessee facility. Mr. Bono has been nominated to join the Board of Directors, subject to predicate regulatory approval. Fred Yolton will lead Amaero's powder metallurgy and materials engineering, including titanium and specialty alloy powder production and consolidated HIP manufacturing. He is a well-respected authority in these specialised industrial sectors. Fred pioneered the development and production of advanced powder metallurgy and invented the atomization process for producing titanium alloy powder. He has published over 50 peer-reviewed papers in the areas of powder metallurgy and advanced materials and is registered as an inventor or co-inventor on 12 patents. Mr. Yolton is a Fellow of ASM International. He received a Bachelor of Science in Metallurgical and Materials Engineering from the University of Pittsburgh. Dr. Schmidt has over 20 years of invaluable industry experience across aerospace & defense, automotive and power generation. His expertise in blending simulation tools with traditional engineering design will aid Amaero's alloy powder production, as well as its manufacturing of near net shape parts via consolidated hot isostatic pressing. Dr. Schmidt received a PhD in Computational Mechanics from Carnegie Mellon University and Bachelor of Science and Master of Science degrees in Civil Engineering from University of Pittsburgh. Reported Earnings • Aug 26
Full year 2023 earnings released: AU$0.036 loss per share (vs AU$0.042 loss in FY 2022) Full year 2023 results: AU$0.036 loss per share. Net loss: AU$12.5m (loss widened 45% from FY 2022). Revenue is forecast to grow 73% p.a. on average during the next 3 years, compared to a 29% decline forecast for the Machinery industry in Australia. Annuncio • Aug 26
Amaero International Ltd, Annual General Meeting, Oct 31, 2023 Amaero International Ltd, Annual General Meeting, Oct 31, 2023. New Risk • Jul 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$12m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m (AU$841k revenue, or US$560k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$44m net loss in 3 years). Market cap is less than US$100m (AU$40.4m market cap, or US$26.9m). Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.024 loss per share (vs AU$0.017 loss in 1H 2022) First half 2023 results: AU$0.024 loss per share (further deteriorated from AU$0.017 loss in 1H 2022). Net loss: AU$6.64m (loss widened 89% from 1H 2022). Revenue is forecast to grow 141% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in Australia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Executive Director Stuart Douglas is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Breakeven Date Change • Sep 02
Forecast breakeven date pushed back to 2024 The analyst covering Amaero International previously expected the company to break even in 2023. New forecast suggests losses will reduce by 58% to 2023. The company is expected to make a profit of AU$20.1m in 2024. Average annual earnings growth of 133% is required to achieve expected profit on schedule. Breakeven Date Change • Aug 05
Forecast breakeven date pushed back to 2024 The analyst covering Amaero International previously expected the company to break even in 2023. New forecast suggests losses will reduce by 28% per year to 2023. The company is expected to make a profit of AU$20.1m in 2024. Average annual earnings growth of 110% is required to achieve expected profit on schedule. Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Executive Director Stuart Douglas is the most experienced director on the board, commencing their role in 2019. Independent Non Executive Director Kathryn Presser was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 02
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: AU$0.017 loss per share (down from AU$0.016 loss in 1H 2021). Net loss: AU$3.51m (loss widened 25% from 1H 2021). Revenue missed analyst estimates by 79%. Over the next year, revenue is forecast to grow 3,394%, compared to a 239% growth forecast for the industry in Australia. Breakeven Date Change • Sep 23
Forecast to breakeven in 2023 The analyst covering Amaero International expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$12.7m in 2023. Average annual earnings growth of 123% is required to achieve expected profit on schedule. Reported Earnings • Sep 01
Full year 2021 earnings released: AU$0.037 loss per share (vs AU$0.04 loss in FY 2020) Full year 2021 results: Net loss: AU$6.99m (loss widened 21% from FY 2020). Is New 90 Day High Low • Feb 09
New 90-day high: AU$0.79 The company is up 23% from its price of AU$0.64 on 11 November 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 20
New 90-day high: AU$0.75 The company is up 369% from its price of AU$0.16 on 20 July 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 43% over the same period. Is New 90 Day High Low • Oct 02
New 90-day high: AU$0.65 The company is up 225% from its price of AU$0.20 on 03 July 2020. The Australian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 31% over the same period. 
