Quarterly report a boost for Aeeris

SHARES in listed Chinderahbased emergency warning service Aeeris received a muchneeded boost from investors yesterday following the release of its third-quarter report.

The report shows receipts from customers of $481,853 and total net cash flow of $4935.

Receipts rose 7 per cent from the previous quarter’s figure of $449,492.

Investors responded positively to the news, sending shares 1¢ or 15 per cent higher to close at 7.5¢.

Aeeris maps live data from multiple sources regarding severe weather, fire, traffic and other hazards, enabling clients to communicate with staff regarding safety issues in real time.

Its services also enable customers to monitor, map and track staff, contractors, assets and operations and manage security and facility access.

Aeeris chairman and CEO Kerry Plowright said the company now receives 95 per cent of its income from subscription fees to its services such as the Early Warning Network system.

“It provides a platform for growth. Our platform and technology have matured, we do not have to build stuff,” he said yesterday.