AEI - Aeris Environmental

[System]

Aeris Environmental Ltd (AEI), formerly Aeris Technologies, is a provision of service air-conditioning and refrigeration remediations to commercial customers; and provision of site-specific water treatment remediations to industrial customers. The company operates in Australia and North America.

http://www.aeris.com.au

 

[Purple XS2]

In a nutshell, water purification technology (and a whole lot more)...

Starting to look pretty handy: I've had my eye on this one since a placement in July gave rise to a notion that there was action forthcoming. Recent chairman's presentation to the AGM seems to have coaxed a few more bandwagonners (me included).

Chart lumpiness reflects low liquidity, but I like the trend ...

 

[frugal.rock]

Cough cough, no viruses, just very dusty.
Time to revisit @Purple XS2 ?
Largest volume on their record today, I believe.
Up a mere 34%
Now on a watchlist.

F.Rock

 

[Dona Ferentes]

been listed for 20 years ?

are they the same company?

engaged in research, development, commercialisation of proprietary technologies and global distribution of the AerisGuard range of products; provision of HVAC/R Hygiene and Remediation Technology; and provision of Energy Efficiency solutions.

 

[Purple XS2]

been listed for 20 years ?

are they the same company?

I presume so, but I've made no precise inquiry.

As for where to from here: they're in the right business at the right time, they seems to be getting 'rated' well. Just a question can they turn their recent positive anouncements into actual contracts, profit, etc.

Last 3 months share price is up & down ...

... which is a hell of a lot better than down and down.
Right now I don't have the spare $ or the gonads to think about it, so I haven't looked deeply.

 

[Country Lad]

been listed for 20 years ?

First listed 12 September 2000 as INFOBANK INTERNATIONAL LIMITED,
changed name to AERIS TECHNOLOGIES LTD 29 July 2002
and to current name 20 Dec 2007

 

[Dona Ferentes]

and, a quick look at the financials, have been sucking out cash for at least 10 years

 

[Dona Ferentes]

I guess someone has faith; the company has just raised $12 mill @ 43c a share from the usual suspects (insto's & sophisticated). Now up 20% today to 60c

Looking to invest in manufacturing and supply chain capability for the Aeris Active and Aeris Guard range of products

• 1H revenue up 121% on prior corresponding period

• Strong momentum into 2020:
- Aeris Active listed as effective for Coronavirus by Singapore NEA (*)
- Aeris Active Proven effectiveness against Influenza and Norovirus (**)
- Aeris products approved for sale in the UK (***)
- Aeris Active Australian testing confirms effectiveness against Coronavirus (****)
- TGA confirms Aeris Active effective against COVID-19 (*****)

• Strong product margins trending to 50% plus
• Trending towards cash flow positive and profitability

 

[frugal.rock]

Seems like the selling off is starting to ease, still a bit pricey for my liking.
Nearly bought in around $0.38 before it went bang... I would like to see a bit more consolidation somewhere above 40 cent to be interested again.

 

[Dona Ferentes]

well received quarterly. 10% lift today

– Revenue for June 2020 quarter of $7,500,000, taking annual revenue for FY2020 to over $14,750,000.
– January to June 2020 half year pre-tax profit of $2,800,000 resulting in full year maiden annual profit of $1,500,000.
– Sustained improvement in gross margin (61% in June 2020 quarter and 55% for FY2020) due to increased mix of higher-margin Aeris branded products.
– Cash receipts of $5,800,000 for June 2020 quarter (FY2020 total $14,339,000).
– Net cash from operations increase of $2,355,000 after adjustment for balance sheet movements (including an increase in inventory of $2,465,000 and an increase in trade debtors of $2,142,000). Due to significant growth in demand for Aeris’ products, there has been a substantial increase in both the level of inventory and in trade debtors.
– Completion of $12,000,000 capital raising in June 2020 quarter. Strong participation from leading institutional and sophisticated investors. Aeris is debt free.

The Company continues to invest in broadening its range of environmental hygiene products, with a singular capability to provide end-to-end solutions to its distributors and their customers worldwide. The AerisGuard brand is increasingly being specified by customers worldwide, including the USA Army, Saudi Aramco, NSW Health, St John’s Ambulance and many more.

Aeris is now well capitalised, building its global leadership team, and successfully increasing its supply chain and production capacity internationally. The Company’s capability to deal with the full spectrum of vectors of contamination with environmentally-friendly product demonstration validated and approval residual properties provides a platform for growth well into the future.

 

[Dona Ferentes]

Aeris is currently undertaking an active program of Board renewal and expansion, which we are targeting in calendar year 2021.

Red Flag?

 

[Faramir]

I am picking AEI for Sept 2023 Tipping Comp. (Another wild guess ?). At least it went up by 19% today.

 

[rcw1]

Good afternoon
Thought have a peak at this one. No posts since 29 August 2023.

rcw1 had traded several years ago. Then the arse fell out of the SP. Lost some coin, a soft stop loss kicked in, but you get that ...
Anyways, SP making a comeback.... well ... in the right direction

According to 1/4ely published 31 July 2024:

Certainly, an effort to dig itself outta a hole.
Daily Chart

No holdiing

Kind regards
rcw1