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Aeeris Ltd ( (AU:AER) ) just unveiled an announcement.
Aeeris Ltd reported a pivotal second quarter of FY26, delivering an unaudited net profit of $62,827 and a 61% year-on-year rise in total unadjusted revenue to $1.54 million, supported by an R&D tax incentive rebate and improved operating leverage. Annual recurring revenue climbed 16.5% year-on-year to nearly $4.0 million, with 58% of new contracted revenue coming from existing customers and growth driven by transport logistics and insurance wins, while gross margins improved as the company brought forecasting and hail services in-house via its AWARE platform. Positive cashflow for the quarter lifted cash on hand to about $1.4 million, and the successful ISO27001 surveillance audit further strengthened Aeeris’s operational credibility and competitive defensibility in data and risk intelligence markets.
The most recent analyst rating on (AU:AER) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Aeeris Ltd stock, see the AU:AER Stock Forecast page.
More about Aeeris Ltd
Aeeris Ltd is an Australian technology company that provides proprietary weather forecasting, hail detection and related data services, increasingly delivered through its AWARE platform. The business focuses on recurring-revenue solutions for sectors exposed to high-impact weather events, with notable traction in transport logistics and insurance, underpinned by long-term customer relationships and strategic partnerships.
Average Trading Volume: 60,379
Technical Sentiment Signal: Buy
Current Market Cap: A$6.88M
For an in-depth examination of AER stock, go to TipRanks’ Overview page.