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Aeeris Ltd ( (AU:AER) ) just unveiled an update.
In the third quarter of FY2025, Aeeris Ltd reported strong financial performance, with increases in both Annual Recurring Revenue and Annual Revenue per Customer. The company is advancing its technological capabilities by developing proprietary forecasting technology, which is expected to replace legacy systems and support long-term growth. The quarter was marked by increased invoicing due to severe weather events, particularly Tropical Cyclone Alfred, which affected a major city and contributed to higher-than-expected cash flow. New contracts in mining and insurance sectors have expanded Aeeris’ client base and recurring income streams, positioning the company for sustainable growth.
More about Aeeris Ltd
Aeeris Ltd operates in the environmental intelligence industry, focusing on delivering advanced alert systems and proprietary forecasting technologies. The company serves key sectors such as mining and insurance, aiming to enhance its market position through technological innovation and strategic client expansion.
YTD Price Performance: -6.67%
Average Trading Volume: 107,091
Technical Sentiment Signal: Buy
Current Market Cap: A$4.11M
For detailed information about AER stock, go to TipRanks’ Stock Analysis page.