News and Announcements
Aeeris Annual Report to Shareholders 2016
- Published October 24, 2016 12:36PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
24th October 2016, ASX Announcement
Highlights 2016
- FY16 was a transformation year for the Company following ASX listing on 1 April 2016
- A year of continued gains in our core businesses and preparation of new product offerings to drive future revenue growth
- Completed recruitment of key staff in software development, sales & marketing, finance, admin and operations, resulting in the company now having an integrated team for future growth
- New customers and groundbreaking new technologies developed to diversify the Company’s revenue streams towards more quickly scalable products in the geospatial systems, data and content sectors
- Sustained R&D efforts to develop these new software solutions for our corporate and enterprise customers, notably the SecureAMS product being rolled out for two major customers currently
- Growing revenues across the customer base, expect for the decision to not renew a major (loss-making) contract, which has temporarily impacted top line revenues, but new higher margin products and customers are replacing this lost revenue
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