Amaero Q3 Revenue Up 35% to US$4.1 Million

Amaero (ASX:3DA) released its first quarterly results as a Nasdaq-listed company and introduced fourth quarter revenue guidance of US$4.5 million to US$5.0 million, which it says implies full year 2026 revenue of US$16.0 million to US$16.5 million.

Third quarter revenue rose 35% to US$4.1 million, with PM-HIP components revenue of US$0.9 million and metal powders revenue of US$3.2 million. Cost of revenue was US$8.5 million, giving a gross loss of US$4.4 million against US$0.1 million a year earlier, which the company attributes to the scale-up of its Tennessee operations and the restart of titanium production in late July 2026 after a pause of approximately six weeks following safety incidents. Net loss attributable to stockholders was US$9.1 million, or US$0.38 per share, against US$4.1 million a year earlier. Adjusted EBITDA, a non-GAAP measure, was negative US$7.1 million. Backlog was US$13.4 million at September 30, 2026, up 96% from year-end 2025, and includes US$4.4 million from a U.S. Department of War development contract. Amaero completed its U.S. IPO on October 16, 2026 and received aggregate net proceeds of US$17.0 million, including a partial exercise of the underwriters' option.

The guidance covers revenue only. The release gives no gross margin or profit guidance, and says gross margin improvement depends on future revenue growth.