AML3D Surpasses $12.5M Revenue, Posts First Half-Year Profit in FY26

Record Revenue and Profit Milestone

AML3D Limited (ASX:AL3) marked a significant milestone in FY26, posting a record $12.5 million in revenue, a 70% increase from the prior year, and delivering its first profitable half-year with an EBITDA of $608,000 in H2. This performance reflects the company’s successful execution of its “US Scale Up” strategy, with surging demand for its proprietary ARCEMY® metal 3D printing technology, particularly within the US Navy’s Maritime Industrial Base (MIB).

The company’s order book peaked at a record $29 million during FY26, comprising $20 million in new orders and $9 million carried over from FY25. With $16.8 million of contract work rolling into FY27 and a global sales pipeline estimated at $78 million, AML3D enters the new financial year in a position of strength.

US Defence and Industrial Manufacturing Drive Growth

AML3D’s growth was primarily fuelled by contracts within the US Defence sector, including orders to deploy 14 ARCEMY® systems into the US Navy’s supply chain and additional systems for high-value industrial manufacturing. Notably, the company secured a $2.6 million contract to supply non-safety critical replacement components for US Navy submarines, underscoring its critical role in addressing supply chain constraints.

Beyond defence, AML3D diversified into the US industrial manufacturing market with deployments to the Tennessee Valley Authority (TVA), the sixth-largest US power supplier, and FasTech, a manufacturer supplying defence, aerospace, and energy sectors. These moves broaden AML3D’s addressable market and provide avenues for sustained revenue growth.

UK Defence Market Entry and European Expansion

FY26 also saw AML3D make inroads into the UK defence market, securing material feasibility programs with BAE Systems and establishing distribution partnerships across the UK and Europe. This expansion aligns AML3D with the trilateral AUKUS defence pact partners; Australia, the UK, and the USA; and positions the company to capture additional contracts supporting the pact’s manufacturing needs.

To support this growth, AML3D has earmarked $5 million to establish a European Technology Centre in the UK, with advanced negotiations underway for initial ARCEMY® system orders. This strategic investment aims to replicate the US scale-up success and accelerate European market penetration.

Robust Balance Sheet and Capacity Expansion

AML3D’s financial position remains solid, closing FY26 with $26.7 million in cash and equivalents, providing ample funding for ongoing investments. The company is executing a $12 million plan to double its US manufacturing capacity at its Ohio facility, alongside the $5 million UK Technology Centre investment. In Australia, AML3D completed commissioning of an ARCEMY® enterprise system at Curtin University, enhancing its manufacturing footprint near the AUKUS Defence Precinct.

Despite a net loss after tax of $4.48 million for FY26, this represents a 38% improvement from the prior year, reflecting disciplined investment in growth and technology development. Gross profit rose 54% to $7.8 million, maintaining a strong margin of 63%.

Leadership and Strategic Outlook

AML3D’s leadership team, including CEO Sean Ebert and newly appointed US board advisors with deep defence expertise, is focused on leveraging the company’s technology and global footprint to convert its substantial sales pipeline into revenue. The company’s proprietary Wire Additive Manufacturing (WAM®) technology and ARCEMY® systems continue to gain traction across defence and industrial sectors, supported by accreditations from Lloyd’s Register, DNV, and AS9100D quality standards.

Looking ahead, AML3D aims to build on its US defence momentum, accelerate entry into European markets, and support emerging AUKUS manufacturing demand. The company’s integrated hardware, software, and service revenue model positions it for sustainable growth as it scales manufacturing capacity and expands its global customer base.