Aeris Environmental Ltd

Market Data

Latest Earnings

Half Year Report & Appendix 4D

27 February 2026

Aeris Environmental Ltd (ASX: AEI) reported revenue of $1.08M for the half year ended 31 December 2025, down 27.6% on the prior corresponding period, while the net loss attributable to owners widened 40.7% to $2.62M. Key operational milestones were achieved — including Budweiser APAC supplier certification and a $450,000 repeat OEM order from a UAE coil manufacturer — with purchase orders received but not yet shipped exceeding $800,000, providing some visibility into H2 revenue acceleration. However, the auditor has flagged a material going concern uncertainty, with the Group carrying net liabilities of $6.9M and relying on director and related-party loans totalling $8.6M to fund operations. Key points: Budweiser APAC (Anheuser-Busch InBev) supplier certification achieved following a rigorous two-year accreditation process, with initial commercial orders secured across three breweries in China — a major enterprise reference win.; Second major purchase order of $450,000 from UAE-based OEM coil manufacturer for Saudi Arabian site, plus new initial orders from OEMs in Qatar and Malaysia, validating the AerisGuard corrosion protection product in harsh environments.; Purchase orders received but not yet shipped exceeded $800,000 at period end, providing clear revenue visibility into H2 FY2026.