Aeeris Ltd (AU:AER) has released an update.
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Aeeris Ltd, an Australian-based company, reported a significant increase in revenue to nearly $3 million, up by 15% from the previous year. However, the company also disclosed a steep 219% rise in losses after tax, amounting to approximately $596,000, and announced that it will not be paying dividends to shareholders this year.
For further insights into AU:AER stock, check out TipRanks’ Stock Analysis page.