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Aeeris Ltd Reports Revenue Growth Amid Reduced Losses

Story Highlights
  • Aeeris Ltd saw a 31.48% increase in revenue for the half-year ending December 2024.
  • Despite revenue growth, Aeeris reported a reduced net loss of 52.22% compared to last year.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aeeris Ltd Reports Revenue Growth Amid Reduced Losses

Confident Investing Starts Here:

Aeeris Ltd ( (AU:AER) ) has issued an announcement.

Aeeris Ltd reported a significant increase in revenue from ordinary activities for the half-year ending December 31, 2024, with a 31.48% rise compared to the previous year. Despite the revenue growth, the company still reported a net loss attributable to members, although the loss was reduced by 52.22% from the previous year. The company does not plan to pay a dividend, and the net tangible assets per ordinary share remained consistent with the previous year.

More about Aeeris Ltd

Average Trading Volume: 42,803

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.39M

For detailed information about AER stock, go to TipRanks’ Stock Analysis page.

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