1H22 Financial Snapshot & Strategic Focus
For personal use only
FINANCIAL RESULTS OVERVIEW
aerometrex
ā
Total revenue up +32.2% to $11.34M
MetroMap subscription revenue up +80.4% to
$2.72M
Subscription revenue contributing 24.0% of group
revenue up from 17.6% on PCP
US 3D revenue of $0.62M contributing to growth in
3D of 74.3% to $1.24M
Strong growth in LIDAR up +35.9% to $4.95M
Continuing to invest to drive future growth
ā
Investment in strengthening of business
fundamentals to scale for growth including senior
appointments of CRO, CIO and investment in
systems and processes
Cash flow from operations reinvested into datasets,
IT and sensors
Cash position supports growth initiatives with
$12.27M in the bank and undrawn debt facilities
available
Subscription Revenue - MetroMap
Project Revenue
3D
LiDAR
Dec 2021
Dec 2020
$'000
$'000
Change
$'000
Change
%
2,717
1,506
1,211
80.4%
1,239
711
528
74.3%
4,953
3,645
1,308
35.9%
Photo contracting
Project work business
2,251
2,394
(143) (6.0%)
MetroMap on demand
units being phased out
179
318
(139) (43.7%)
Project Revenue
8,622
7,068
1,554
22.0%
Total operating revenue
11,339
8,574 2,765
32.2%
524
(144)
668
463.9%
652
696
(44)
(6.3%)
EBITDA
EBITDA (normalised)1
Cashflow from operating activities
1,076
433
643
148.5%
Cashflow used in investing activities
Free cashflow
(4,959)
(6,191) 1,232
19.9%
(3,883)
(5,758) 1,875
32.6%
Financial Position
Cash on hand
12,270
16,280 (4,010)
Contract liabilities (deferred income / income in advance)
2,657
1,962
695
(24.6%)
35.4%
1 Relates to share based payments
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