The company has generated interest from the US defence sector in providing information on rapidly changing areas of operations. Copyright © 2020 Strawman Pty Ltd. All rights reserved.
With Aerometrex listing on the ASX today, we take a look at five things investors need to know about this high-flying Initial Public Offering. Results in the key battleground state of Florida may soon be known. Mr Risseeuw said he expects the combined groups to find $4 million per year in annualised cost savings as he targets more overseas than domestic revenue by financial 2022. Prices above are subject to our website terms and agreements. The COVID-19-led surge in Woolworths' online sales is far from over. To be fair, they are a good company. IG does not issue advice, recommendations or opinion in relation to acquiring, holding or disposing of our products. Aerometrex is tipping underlying EBITDA between $4 million to $5 million in financial 2020 on revenue up 18 to 30 per cent to between $19 million to $21 million. You can unsubscribe at anytime. Damstra shares have nearly doubled from an October 2019 offer price of 90¢ to $1.70 on Wednesday, with management forecasting revenue to climb 30 to 40 per cent in financial 2021 to between $33 million to $35 million. Just yesterday - as reported in Street Talk - Education Centres of Australia postponed its IPO to 2020.
"I think they'll always be a mix of project work and subscription type revenues... just because some areas don't lend themselves that well to subscription.". Aerometrex acquired aerial imagery company Spookfish Australia and has incorporated its data into MetroMap. This was the start of a love affair with Australian equities and he hasn’t looked back since.
Stockhead's morning newsletter makes things simple: Markets coverage, company profiles and industry insights from Australia's best business journalists - all collated and delivered straight to your inbox every morning. For more information please see our Financial Services Guide. Get Started Investing The company has signed up insurer Suncorp Group and 3-D building and location data firm Geoscape Australia to its MetroMap aerial imagery subscription service. NEA Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held You must be signed in to set price alerts. Aerometrex specialises in aerial photography and aerial mapping and uses technology including, Light Detection and Ranging (LiDAR), 3D modelling and aerial imaging. Get the latest stock news and insights straight to your inbox. It's pens down at Aware Super in its pursuit of ASX-listed broadband network builder OptiComm. MetroMap is an aerial imagery data providing service, offering high-quality and accurate imagery to a subscriber base. Straws are discrete research notes that relate to a particular aspect of the company. Supplied. ASX 200 | A B C D E F G H I J L M N O P Q R S T U V W X. Facing competition from the likes of Nearmap, Aerometrex (ASX: AMX) highlighted five key aspects of its current growth strategy. https://www.youtube.com/watch?v=oS2sqEM-YxQ. Battle of the States: Which Australian state has the best performing ASX tech stocks? Aerometrex specialises in aerial photography and aerial mapping and uses technology including, Light Detection and Ranging (LiDAR), 3D modelling and aerial imaging. There is about 42:48 split between government and private company work in Australia. The chief executive of challenger aerial-mapping business Aerometrex has cranked the competitive heat on rival Nearmap by boasting his company has a superior 3D-mapping product. Americans are voting in the highest numbers in more than 100 years. Adding onto the Bull case, 3d video mapping may be used in new ways from E.Vs to gaming and used more from Forestry, surveying, mining, planning etc. Deriving its revenue from a combination of subscription and project-based models, Aerometrex's core operations span four key areas, including: aerial photography and mapping, aerial LiDAR surveys, 3D modelling and MetroMap. Help using this website - Accessibility statement, the aerial imagery company that has gone gangbusters, Latitude Financial Group, PropertyGuru and MPC Kinetic all pulled their floats, Ares offered cash and scrip for AMP, leaves door ajar for a cash bid, Credit Suisse ramps up FRV solar pitch, bids next month, Tradies get the richies; bigwigs in Hipages float, Maas Group makes final pitch to funds before $144m float, Aware Super out of puff only two sleeps from OptiComm D-day, Woolies races to keep up with online shopping revolution. .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla {background: #fff7c4;} aside section .fool-ecap-id-19.fool-ecap-type-vanilla h3 {font-size: 1.6em;} p.ecap-disclaimer {font-size: 0.6em!important;}div.fool-ecap.fool-ecap-id-19 form {position: relative;text-align: center;margin: .2em 1em;}.fool-ecap.fool-ecap-id-19 p.ecap-disclaimer {margin-left: 0px;} .fool-ecap.fool-ecap-id-19 p.above-email{ margin-bottom: 0px;text-align:center;} div.fool-ecap.fool-ecap-id-19 p {color: #464646;}.fool-ecap-type-vanilla.fool-ecap-id-19 h3 {color: #404040;display: block !important;}.fool-ecap-type-vanilla.fool-ecap-id-19 .ecap-disclaimer{color: #484848 !important;}.fool-ecap-id-19.fool-ecap-type-vanilla h3.title{display:none !important;} .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla{ margin-bottom: 10px;}.fool-ecap-type-vanilla.fool-ecap-id-19 input[type="submit"] { margin: .5rem 0 .5rem !important;}.fool-ecap.fool-ecap-id-19 img {display: inline;}.