Australia's Aerometrex climbs on upbeat FY22 results forecast

Aerometrex

21/06/2022 03:23

** Shares of Aerometrex  AMX.AX  rise as much as 15.9% to
A$0.255; best intraday gain since May 12
    ** Aerial mapping business co sees FY22 revenue between A$21
mln to A$23 mln ($14.64 mln - $16.04 mln) compared to A$20.9 mln
reported in FY21  urn:newsml:reuters.com:*:nASM000GA2
    ** Co sees FY22 EBITDA in the range of A$4.5 mln to A$5.5
mln compared to A$2.9 mln reported in FY21
    ** Sees annual recurring revenue for its subscription based
MetroMap to be in the range of A$6.5 mln to A$7.0 mln compared
to A$4.8 mln reported in FY21
    ** Stock down 68.1% this year as of last close 
    



($1 = 1.4341 Australian dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))