{"id":5549,"date":"2024-02-08T00:59:20","date_gmt":"2024-02-08T00:59:20","guid":{"rendered":"https:\/\/economicherald.net\/?p=5549"},"modified":"2024-02-08T00:59:20","modified_gmt":"2024-02-08T00:59:20","slug":"aeeris-secures-rd-tax-incentive-to-boost-flagship-risk-reporting-tech","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=5549","title":{"rendered":"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech"},"content":{"rendered":"

\u00a0<\/p>\n

Tax incentive will be used to hone the company\u2019s flagship Climatics platform<\/strong>
\nAeeris reported a record quarterly result for Q2<\/strong>
\nConfirmed a solid sales pipeline to see upward trajectory continue into Q3<\/strong><\/p>\n

\u00a0<\/p>\n

Special Report<\/em>: Cash reserves at risk-reporting tech firm Aeeris have been boosted by the receipt of its Research and Development (R&D) tax incentive for the fiscal year 2023, totaling $360,124. <\/strong><\/p>\n

Aeeris (ASX:AER)<\/strong><\/a> specialises in severe weather and natural hazard risk assessment<\/strong><\/a>. Its wholly-owned subsidiary, the Early Warning Network, operates a cutting-edge early warning and notification system, supported by proprietary technology that analyses data from numerous data sources.<\/p>\n

This system is designed to detect and issue alerts on natural severe weather threats including extreme heat, rainfall, hail and flooding.<\/p>\n

The company claims to have the most granular \u2018real world\u2019 climate modelling tech in the country<\/strong><\/a> and counts local councils and big insurers among its major customers.<\/p>\n

A significant portion of the R&D tax incentive is attributed to ongoing research and development endeavours centred around the enhancement of the company\u2019s flagship Climatics platform, a leading provider of climate risk reporting.<\/p>\n

The tech leverages spatially distributed historical weather and natural hazard data to provide comprehensive assessments of asset vulnerability across diverse locations.<\/p>\n

It can project trends and probabilities for the next five to ten years enabling users to identify vulnerable assets, evaluate investment opportunities, understand how specific hazards are changing, and make informed decisions about insurance premiums and liability exposure.<\/p>\n

\u00a0<\/p>\n

2023 Tailwinds<\/h2>\n

Aeeris reported robust results for the second quarter of FY24<\/strong><\/a>,<\/strong> propelled by new services and products alongside a notable uptick in sales and marketing traction as regulatory reporting requirements, along with increased risk awareness, boosted demand for the company\u2019s solutions.<\/p>\n

The quarter was Aeeris\u2019s most successful to date with a 40% surge in cash flow and customer receipts compared to the corresponding period last year.<\/p>\n

Customer receipts soared to $931,581, driven by a surge in new customer engagements and increased receipts from existing accounts.<\/p>\n

A significant portion of Aeeris\u2019s new revenue, nearly 50%, stemmed from its Hail product suite, which saw heightened demand spurred by an early hail season and substantial hail events in December \u2013 a record month for hail alerts.<\/p>\n

\u00a0<\/p>\n

This article was developed in collaboration with Aeeris, a Stockhead advertiser at the time of publishing. <\/em>\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

\u00a0 Tax incentive will be used to hone the company\u2019s flagship Climatics platform Aeeris reported a record quarterly result for Q2 Confirmed a solid sales [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":5550,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nAeeris secures R&D Tax Incentive to boost flagship risk reporting tech - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=5549\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"\u00a0 Tax incentive will be used to hone the company\u2019s flagship Climatics platform Aeeris reported a record quarterly result for Q2 Confirmed a solid sales [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=5549\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-08T00:59:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/2024-02-08-AER-dI39f3.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"674\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech\",\"datePublished\":\"2024-02-08T00:59:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549\"},\"wordCount\":433,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/2024-02-08-AER-dI39f3.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5549#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=5549\",\"name\":\"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/2024-02-08-AER-dI39f3.jpeg\",\"datePublished\":\"2024-02-08T00:59:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5549\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/2024-02-08-AER-dI39f3.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/2024-02-08-AER-dI39f3.jpeg\",\"width\":1200,\"height\":674},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5549#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=5549","og_locale":"en_US","og_type":"article","og_title":"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech - Economic Herald","og_description":"\u00a0 Tax incentive will be used to hone the company\u2019s flagship Climatics platform Aeeris reported a record quarterly result for Q2 Confirmed a solid sales [more...]","og_url":"https:\/\/economicherald.net\/?p=5549","og_site_name":"Economic Herald","article_published_time":"2024-02-08T00:59:20+00:00","og_image":[{"width":1200,"height":674,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/2024-02-08-AER-dI39f3.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=5549#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=5549"},"author":{"name":"","@id":""},"headline":"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech","datePublished":"2024-02-08T00:59:20+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=5549"},"wordCount":433,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=5549#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/2024-02-08-AER-dI39f3.jpeg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=5549#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=5549","url":"https:\/\/economicherald.net\/?p=5549","name":"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=5549#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=5549#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/2024-02-08-AER-dI39f3.jpeg","datePublished":"2024-02-08T00:59:20+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=5549#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=5549"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=5549#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/2024-02-08-AER-dI39f3.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/2024-02-08-AER-dI39f3.jpeg","width":1200,"height":674},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=5549#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Aeeris secures R&D Tax Incentive to boost flagship risk reporting tech"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/5549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5549"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/5549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/5550"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}