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Aeris Environmental Ltd ( (AU:AEI) ) has provided an update.
Aeris Environmental Ltd reported a 7.16% decrease in revenue from ordinary activities for the half-year ending December 31, 2024, compared to the same period in 2023. The company also experienced a 5.79% decline in net loss attributable to members, highlighting ongoing financial challenges. The report indicates no dividends were declared, and there was a decrease in net tangible assets per share, reflecting potential concerns for stakeholders about the company’s financial health and market positioning.
More about Aeris Environmental Ltd
Aeris Environmental Ltd operates in the environmental industry, focusing on providing solutions that improve indoor air quality and surface hygiene. The company is known for its innovative products and services aimed at reducing environmental impact and enhancing sustainability.
YTD Price Performance: -16.25%
Average Trading Volume: 60,181
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$16.48M
For detailed information about AEI stock, go to TipRanks’ Stock Analysis page.