Aeris Environmental Ltd
AASX:AEI0.04
AUD
+0.00
(-2.44%)
Aeris Environmental Ltd
ASX:AEI
(Australian Securities Exchange)
Recent
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0.04
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yld
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ROIC.AI
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- Aeris Environmental Ltd (ASX:AEI) develops, manufactures and commercializes proprietary environmental hygiene technologies, including HVAC&R hygiene and remediation solutions, indoor air quality improvement products, anti-corrosion treatments and disinfectant formulations; its core offerings encompass the AerisGuard range for preventing mould and bacterial growth in heating, ventilation, air-conditioning and refrigeration systems to enhance air quality and energy efficiency, the Hygiene range featuring patented Tri-Enzyme-Clean, Residual Shield and Probiotic-Guard technologies for surface cleaning, disinfection and long-term protection against germs, bacteria, viruses, mould and fungi on hard surfaces and skin, and the Specialty range of heavy-duty enzymatic cleaners for industrial equipment, manufacturing and mould remediation applications. The company also provides services such as indoor air quality assessments, mould investigations, ATP residue testing, duct cleaning, infection control and building water ingress rectification, targeting sectors including commercial buildings, health and aged care, government, education, corporate retail, food and beverage manufacturing, and residential markets. Aeris Environmental Ltd operates through Australian and international segments, with distribution channels in China, the USA and Europe; founded in 2000, it maintains headquarters in Rosebery, New South Wales, Australia. In recent developments, the company advances its Energy Alliance initiative by assembling an ecosystem of energy efficiency and carbon neutrality solutions, including distribution rights for AtmosAir and EnviroGuard indoor air quality technologies, alongside an innovative HVAC&R software platform for measurement, verification and management to support ESG reporting under IFRS S1/S2 standards and Australian energy rebate schemes. Aeris Environmental Ltd entered a joint venture with Cognian Technologies Ltd in September 2024 to form AerisTech, integrating patented cloud-based Syncromesh technology for smart building solutions; it expanded international partnerships for local manufacturing and distribution in China, secured enterprise pilots yielding sales pipelines, and invested in R&D for enhanced mould remediation products, corrosion protection upgrades and new consumables tailored to market feedback, driving 58% revenue growth to A$3.27 million for FY2024 with gross margins above 50%.