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Aeris Environmental Ltd ( (AU:AEI) ) has issued an announcement.
Aeris Environmental Ltd reported a revenue of $766,000 for the December 2024 quarter, with a gross margin of 61%, highlighting improved financial performance. The company is experiencing significant momentum with its AerisTech joint venture, expanding its capabilities in smart building solutions and enhancing its partnership portfolio. Aeris also achieved qualification as a supplier to Wilmar International, reflecting its growing consumables segment, particularly in China. The successful deployment of AerisTech’s Syncromesh technology in the convenience store sector underscores its potential to deliver cost savings and operational efficiencies, strengthening its position in the industry.
More about Aeris Environmental Ltd
Aeris Environmental Ltd operates in the environmental solutions industry, focusing on providing innovative technologies for smart building solutions. The company’s primary products and services include hardware and software for Connectivity as a Service (CaaS) and Software as a Service (SaaS), targeting enterprise customers for sustainability goals. Additionally, Aeris invests in consumables and biocide technologies, expanding its market reach in both domestic and international markets.
YTD Price Performance: 0.0%
Average Trading Volume: 67,211
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.68M
See more insights into AEI stock on TipRanks’ Stock Analysis page.
