Amareo Announces Updated Financial Guidance for FY2026

Rhea-AI Summary

Amaero (OTC:AMROF), a leading U.S. manufacturer of refractory and titanium alloy powders, has announced ambitious financial guidance for FY2026. The company projects Q1 FY2026 revenue of A$5.5 million, representing a 550% increase over Q1 FY2025. Full-year FY2026 revenue is estimated at A$30-35 million, marking an 800-900% year-over-year growth.

The company has authorized a A$50 million capital raise to accelerate growth investments, including the acquisition of a 4th EIGA Premium atomizer and implementation of an Argon gas recycling system. The recycling system, estimated at A$15 million, is expected to reduce titanium powder production costs by 10% with a 2-2.5 year payback period.

Amaero maintains a strong financial position with A$70 million in tangible assets and cash, having raised A$98.5 million since May 2022.

Positive

• Projected revenue growth of 800-900% for FY2026
• Q1 FY2026 revenue expected to increase 550% year-over-year
• Strong balance sheet with A$70M in tangible assets and cash
• Strategic A$50M capital raise to fund growth initiatives
• Expected 10% reduction in production costs through Argon recycling system

Negative

• Significant capital expenditure required with A$15M for Argon recycling system
• 4th atomizer won't be commissioned until June 2027, delaying capacity expansion
• Heavy reliance on future revenue projections and growth estimates

MCDONALD, Tenn., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA, OTC:AMROF) (“Amaero” or the “Company”), a leading U.S. domestic producer of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, is pleased to announce updated financial guidance for FY2026.

Highlights

• As announced on 13 August, Amaero estimates revenue of A$5.5 million for Q1 FY2026¹. The estimated revenue reflects a 550% increase over Q1 FY2025 period.
• Amaero estimates revenue for FY2026 to equal A$30 million to A$35 million. The estimated revenue reflects an increase of approximately 800%-900% compared to the FY2025 period.
• Amaero estimates revenue contribution to be approximately 40% in 1H FY2026 and approximately 60% in 2H FY2026.
  

Hank J. Holland, Amaero’s Chairman and CEO, commented “Given the important inflection point for Amaero’s business, we are pleased to provide investors with updated financial guidance for FY2026. In August, we provided financial guidance that estimated Q1 FY2026 revenue equal to A$5.5 million or a 550% increase Q1 FY2025. The Company is pleased to provide an estimate of revenue for the FY2026 period of A$30 million to A$35 million or a year-over-year increase of approximately 800%-900%.

Amaero has demonstrated its commitment to making forward leaning investments and to aligning with strategic partners to address national security and sovereign manufacturing challenges. Also, Amaero has demonstrated a keen focus on its disciplined allocation of capital. Prior to the recent capital raise, Amaero had raised A$98.5 million in cumulative equity capital raises since May 2022 and as of 30 June 2025, the Company had approximately A$70 million of tangible assets and cash on its balance sheet. With growth-oriented capital investments that have been directed at establishing the largest capacity and the lowest unit cost U.S. domestic production of spherical refractory and titanium alloy powders, Amaero has established a first mover advantage and a competitive moat.

After two years of commercial engagement and with visibility to FY2026 revenue, Amaero’s Board authorised an additional A$50 million capital raise to accelerate long lead time growth investments to further buttress our position as the largest capacity U.S. domestic producer and to further improve our unit cost advantage. We anticipate ordering the 4^th advanced EIGA Premium atomizer by calendar year-end and expect to commission the 4^th atomizer in June 2027. With pulling forward the commissioning of the 4^th atomizer, we expect this to increase production capacity and revenue from powders sales in FY2028 and FY2029. Also, the Company will immediately proceed with design and engineering of a fully integrated Argon gas recycling system. The capital expenditure for Argon gas recycling is estimated at A$15 million and has a payback period that is estimated at 2-2.5 years. The reduction of Argon gas consumption is expected to reduce the unit cost of spherical titanium powder production by approximately 10%.”

This announcement has been authorised for release by the Chairman and CEO.

For further information, please contact:

Amaero Ltd         Hank J. Holland Chairman and CEO hank.holland@amaeroinc.com

Media & Investor Enquiries in Australia Jane Morgan Director jm@janemorganmanagement.com.au

Media & Investor Enquiries in United States Shannon Devine MZ Group amaero@mzgroup.us

About Amaero

Amaero Ltd (ASX:3DA, OTC:AMROF) is an dual listed ASX and OTC-listed company with manufacturing and corporate headquarters located in Tennessee, U.S. Amaero is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing of components utilised by the defense, space, aviation, and medical industries. The technical and manufacturing team brings decades of experience and know-how with pioneering work in gas atomization of refractory and titanium alloys. The Company has commissioned advanced gas atomization technology with an industry leading yield of AM powder. The Company is also a leader in PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder parts with forged-equivalent material properties and microstructure for a variety of alloys. PM-HIP manufacturing is helping alleviate the strained domestic supply chain for large scale castings and forgings.

FAQ

What is Amaero's (AMROF) revenue guidance for FY2026?

Amaero projects revenue of A$30-35 million for FY2026, representing an 800-900% increase compared to FY2025.

How much revenue does Amaero expect in Q1 FY2026?

Amaero expects A$5.5 million in revenue for Q1 FY2026, a 550% increase over Q1 FY2025.

What is the purpose of Amaero's A$50 million capital raise?

The capital raise will fund growth investments, including a 4th EIGA Premium atomizer and an Argon gas recycling system to increase production capacity and reduce costs.

How will the Argon gas recycling system benefit Amaero?

The A$15 million system is expected to reduce titanium powder production costs by 10% with a 2-2.5 year payback period.

What is Amaero's current financial position?

Amaero has A$70 million in tangible assets and cash, having raised A$98.5 million in equity capital since May 2022.