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Director, RaaS Research Group

Equity Bottom-Up

Amaero International Ltd / Equity Bottom-Up

<ul><li>Amaero Ltd (ASX:3DA) is a global specialist in advanced materials manufacturing for the defence, aerospace and other industrial sectors, developing a critical metals alloy powder manufacturing facility in Tennessee, USA.</li><li>Releasing its Q4 FY25 results, the company has reaffirmed its guidance to be EBITDA positive in FY27.</li><li>This is in-line with our forecast for EBITDA of $4.1m in FY27.</li></ul>

Amaero Ltd (ASX:3DA) is a global specialist in advanced materials manufacturing for the defence, aerospace and other industrial sectors, developing a critical metals alloy powder manufacturing facility in Tennessee, USA.Releasing its Q4 FY25 results, the company has reaffirmed its guidance to be EBITDA positive in FY27.This is in-line with our forecast for EBITDA of $4.1m in FY27.

Amaero International Ltd - Reaffirming guidance for EBITDA positive in FY27