Quarterly Activities/Appendix 4C Cash Flow Report
Stock | Aeeris Ltd (AER.ASX) |
---|---|
Release Time | 29 Apr 2025, 8:35 a.m. |
Price Sensitive | Yes |
Quarterly Activities/Appendix 4C Cash Flow Report
- Total Receipts - $1,170,304
- Receipts from Customers - $1,157,255
- Revenue - $1,080,576
- Cash and Cash Equivalents - $1,371,519
- Continued growth in ARR and ARPC
Aeeris Ltd (Aeeris or the Company) reported a constructive third quarter of FY2025, marked by technological progress, strategic realignment, and the delivery of extreme volumes of alerts across multiple channels due to the impacts of Tropical Cyclone Alfred. The company continued to demonstrate solid financial performance, with both Annual Recurring Revenue (ARR) and Annual Revenue per Customer (ARPC) increasing slightly on the previous quarter. New contracts secured across key industries, including mining and insurance, expanded the Company's client base and recurring income streams. The severe weather activity during the quarter, particularly Tropical Cyclone Alfred, which impacted a major capital city in an unprecedented event, contributed to a notable increase in invoicing compared to Q3 FY2024. The March quarter has traditionally seen a seasonal decline in receipts due to the timing of invoicing cycles, but this was mitigated by improved credit control practices and timely debtor collections, supported by stronger-than-expected cashflow. Operationally, the Company's systems and teams were tested during Tropical Cyclone Alfred, with the team's rapid response seeing record volumes of alert deliveries. Aeeris will formally end its partnership with Weatherwatch at the conclusion of the upcoming quarter, a key strategic step aligned with its growth vision. The company is excited to announce that it will be bringing hail and additional forecasting capabilities in-house, supported by newly developed proprietary technology. This transition is expected to reduce third-party costs and will empower Aeeris to control more of the value chain, develop AI-assisted innovations, and expand its suite of products faster in response to client needs.
Aeeris is excited to announce that it will be bringing hail and additional forecasting capabilities in-house, supported by newly developed proprietary technology. This transition is expected to reduce third-party costs and will empower Aeeris to control more of the value chain, develop AI-assisted innovations, and expand its suite of products faster in response to client needs.