Amaero Inc. Form S-1/A — Sep 18, 2026

Key figures

Eps

-$0.56 basic and diluted for 6M 2026; -$0.95 FY2025

Revenue

$7.4 million for the six months ended June 30, 2026 ($6.3 million FY2025; $1.3 million FY2024)

Net Income

-$13.4 million net loss for 6M 2026; -$18.4 million FY2025; -$12.7 million FY2024

Total Debt

$19.6 million total indebtedness

Revenue Yoy

6M 2026 revenue of $7,397K vs $1,219K in 6M 2025 (stated figures)

Total Assets

$88.6 million actual; $133.9 million pro forma

Cash Position

$13.6 million actual; $59.6 million pro forma (June 30, 2026)

Gross Proceeds

Approximately $46.1 million estimated net proceeds (~$53.4 million if over-allotment exercised in full)

Offering Price

$7.06 assumed initial public offering price

Shares Offered

7456500

Shares Outstanding

31,289,680 post-offering (23,833,180 outstanding as of June 30, 2026)

Backlog

$15.3 million as of July 31, 2026 (up from $0.4 million at Dec 31, 2024 and $10.0 million at June 30, 2026)

Adjusted EBITDA

-$8.5 million for 6M 2026

Greenshoe Shares

1118475

Implied Dilution

New shares = ~23.8% of post-offering shares (computed from stated counts: 7,456,500 / 31,289,680)

Assumed Price Basis

ASX CDI last sale of A$0.245 on September 11, 2026 (~$7.06 per share)

Production Capacity

680 metric tons annual (720 max), rising to 920 metric tons (960 max) when fourth atomizer commissioned June 2027

Flash Fire Remediation Costs

~$0.8 million expected from May 2026 flash fires

Top Two Customer Backlog Share

75% as of June 30, 2026

Insider Ownership Pre Offering

35.4% held by directors and executive officers

Capital Equipment Use Of Proceeds

$17.5 million over next 12 months