Amaero Ltd (3DA) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Amero investor webinar. I'm Jane Morgan, investor and media relations manager. And today I have the pleasure of speaking with Hank Holland, our chairman and CEO, who's going to be providing a company update. As usual, we will be taking questions throughout the presentation. So please use the Q&A function, which can be found at the bottom of your screen. Hank, I'll hand to you. Thank you, Jane. Good morning, everyone. As you're aware, Amero lodged its quarterly financial results yesterday. I'd like to highlight some of the information from the results. And then, as always, we'll be happy to take questions as follows. It was quite a transition for Amero. We reported revenue of Australian $4.7 million, an increase of 445% over the same period a year ago. This included $4.1 million of powder revenue and about $600,000 of revenue from PMHIP manufacturing of large, nearnet-shaped parts. During the quarter, we increased atomization by 240% over the prior quarter. Again, that is in the September quarter, we increased atomization by 240% over the June quarter. Notwithstanding the significant step function in increased manufacturing, we could not manufacture enough product to fill all of our orders. and thus we carried into the current quarter approximately half million dollars of order backlog. All of those powder orders have now been shipped that carried over into this current quarter. We ended the quarter with Australian 9.9, I'm sorry, excuse me, we used cash in operations of Australia $9.9 million during the course of the order. This included $4.7 million of bar stock inventory purchases, we've been very mindful the last 12 months to carry buffer stock thus mitigating the risk of any trade disruptions or tariff risk somewhat timely given th...