Aeeris Revenue Growth Over 60% & Full Year Statutory Accounts

30th June 2016, ASX Announcement 

Aeeris Limited (ASX: AER and ‘the Company’) is pleased to announce its Full Year report for the 12 months ended 30th June 2016.

Highlights

• Total income of $1,915,547, an increase of 62% compared to $1,183,866 for the previous Full Year (30th June 2015)
• Operating Revenues from Ordinary Activities up 49%, compared to previous corresponding Full Year
• EBITDA (Earnings Before Interest, Depreciation & Amortisation, including write downs of intangibles) loss of ($359,377)
• Net Accounting Loss for the Reporting Period of ($1,471,213) compared to ($722,216) for the previous corresponding Full Year
• Net Accounting Loss includes, and is inflated by, $1,110,270 of goodwill right-downs, depreciation, amortisation and intangible impairments according to Accounting Standards
• Net assets of 5 cents per share as at 30th June 2016, including $1.73 million cash at bank, or 3.2 cents per share

To read the full Results, please click on the button below.

To read the full Accounts, please click on the button below.