AEI 9.23% 7.1¢ aeris environmental ltd

Revenue for the year looks to have gone back to pre-covid times....

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    Revenue for the year looks to have gone back to pre-covid times. FY19 = 6.85 mil FY20 = 14.63 mil and now FY21 = 7.37 mil (unaudited). My only guess is that customers stockpiled when covid first hit in March 2020. Potentially they will be return with future orders once they use up original orders. SP is currently hammered by poor sentiment as expectation have not been met by management. I can't imagine the SP falling further from here and there is only upside if management can show that FY20 was not a once off.I agree on the related party transactions, not a good look when results are stagnant.
 
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