Aeris Environmental Full Year 2023 Earnings: AU$0.015 loss per share (vs AU$0.029 loss in FY 2022)
Aeris Environmental (ASX:AEI) Full Year 2023 Results
Key Financial Results
Revenue: AU$2.11m (down 25% from FY 2022).
Net loss: AU$3.65m (loss narrowed by 49% from FY 2022).
AU$0.015 loss per share (improved from AU$0.029 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Australia segment contributing a total revenue of AU$2.08m (99% of total revenue). Notably, cost of sales worth AU$2.84m amounted to 135% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$1.91m (59% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of AU$326.8k.Explore how AEI's revenue and expenses shape its earnings.
Aeris Environmental shares are down 4.3% from a week ago.
Risk Analysis
Be aware that Aeris Environmental is showing 5 warning signs in our investment analysis and 3 of those don't sit too well with us...
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