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Aeeris Ltd (ASX:AER)

ALERT: Price-sensitive ASX Announcement for AER
Current share price for AER : $0.070 -0.012 (-14.63%)+
Announcement
Release
28 Apr 2026 9:25AM
Price at Release
$0.082
Full Release
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Summary
Aeeris Ltd's quarterly activities report for the period ending 31 March 2026 highlights the company's near-breakeven operating result and stable cash performance. The company generated a total revenue of $984,445, with annual recurring revenue (ARR) of $3,902,620, up 12% from the previous year. Aeeris continued its strategic repositioning by optimizing its customer mix towards higher-value enterprise agreements, which resulted in a 29.5% increase in average revenue per customer (ARPC). New contracts were secured across various sectors including government and mining, aligning with the company's focus on critical infrastructure. The appointment of Mr. Henrik Thorup as Executive Chairman is expected to advance strategic initiatives, and improve operational discipline. The company reported stable cash flows with $1.36 million in cash on hand, and an estimated cash runway of 41 quarters.
Key Points
  • Near-breakeven operating result for Q3 FY26.
  • Total Revenue for the quarter: $984,445.
  • Annual Recurring Revenue (ARR): $3,902,620, up 12% YoY.
  • Average Revenue Per Customer (ARPC) increased by 29.5% YoY.
  • Focus on enterprise-level contracts and customer mix optimization.
  • Appointment of Mr. Henrik Thorup as Executive Chairman.
  • Stable cash performance with cash on hand of $1.36 million.
  • Estimated cash runway of 41 quarters.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.