Australia's Aerometrex hits near 4-week high on robust revenue growth

Aerometrex

14/02/2022 02:20

** Shares of aerial mapping business co  AMX.AX  climb as
much as 4.4% to A$0.710, their highest since Jan. 19 
    ** Co says H1 2022 subscription revenue from its service
line MetroMap grew to A$2.72 mln ($1.94 mln), up 80.4% from the
previous corresponding period   urn:newsml:reuters.com:*:nASX4rXYRV
    ** H1 2022 annual recurring revenue grew to A$6.01 mln, up
81.4% year-on-year
    ** AMX sees positive momentum into the second half of the
year 
    ** More than 80,600 shares change hands, compared with the
30-day average volume of ~54,000 shares  
    ** Stock down 1.4% this year, as of last close 

($1 = 1.4037 Australian dollars)

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))