Titomic (TTT) H2 2025 earnings summary

Executive summary

• Strategic plan targets US $750M revenue by 2030, with a pivot to high-margin production and services.

• Commissioned U.S. HQ and factory in Huntsville, Alabama, and expanded European and Australian facilities.

• Commercial traction with Tier 1 defense and aerospace primes, including Boeing, Northrop Grumman, Airbus, and NASA.

• Favorable market tailwinds from increased global defense spending and adoption of cold spray technology.

• Leadership team strengthened with industry veterans and strategic advisory group.

Financial highlights

• A$50M equity raising completed in July 2025 to fund expansion and support cashflow breakeven by 2027.

• Cash balance as of 30 June 2025 was A$9M, with total sources of funds at A$59M.

• Major uses of funds include technical hires, facility expansion, R&D, and working capital.

Outlook and guidance

• Pathway to US $750M revenue by 2030, with key milestones in defense, aerospace, oil & gas, and MRO sectors.

• Near-term catalysts include Northrop Grumman demonstration, Airbus pilot, and DNV certification for oil & gas/maritime.

• Revenue ramp expected from Tier 1 primes and full deployment across defense and energy sectors by 2027-2028.