1,000% increase in revenue in 2024 compared to 2023
Some nice little details here in the 2024 annual report, too:
"The US market is the largest additive manufacturing market in
the world. AML3D deployed 7 ARCEMY® systems to the US in
FY24, continues to experience strong demand for its technology
and is confident ARCEMY® sales momentum will continue."
"The US “Scale-up” strategy is designed to underpin a sustainable
business with reliable, predictable and expanding revenue, and
can rapidly grow to meet the strong demand in the US market and
enter additional globally significant markets, such as Australia and
the UK. AML3D also plans to generate additional revenues by
accessing aligned R&D and contract manufacturing opportunities."
AML3D’s contract wins in support of Australian Government
Defence Science and Technology Group in the fourth quarter of
FY24 demonstrate momentum in the Australian market, which the
Company expects to carry into the FY25. The Company is also
in the early stage of building a UK sales pipeline and is looking
forward to converting these sales leads into orders over the course
of FY25
"AML3D is confident the demand from the US Defence market will
remain strong and convert into continued US ARCEMY® sales and
contract manufacturing orders during FY25 and are pleased to have
already recorded the sale of an ARCEMY® 2600 Edition system
to US Defence supplier Laser Welding Solutions in July 2024."
Excited! Bullish!
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Ann: Preliminary Final Report, page-2
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