Amaero International (ASX:3DA) anticipates positive earnings before interest, taxes, depreciation, and amortization (EBITDA) in the fiscal year 2027, following its previous estimate of achieving EBITDA breakeven in the fiscal year 2026, according to a Wednesday filing with the Australian bourse.
The company also confirmed that its planned capital investments for the three-year period from fiscal year 2024 to 2026 will remain at AU$72 million, the filing said.
Additionally, the company confirmed that it has been fully funded after a AU$22 million placement and AU$36 million Export-Import Bank equipment financing, per the filing.
Shares were down 4% in morning trade on Wednesday.
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