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Advanced Environmental Recycli
**Advanced Environmental Recycling Technologies, Inc. (AERC)**
**Exchange:** Nasdaq Capital Market
**Symbol:** AERC
**Sector:** Environmental Services
**Industry:** Waste Management and Recycling
**Headquarters:** San Diego, California
**Website:** https://www.aertenv.com/
**Key Information:**
* **Founded:** 1999
* **Employees:** Approximately 200
* **Revenue (2022):** $12.5 million
* **Net Income (2022):** $1.3 million
**Business Overview:**
Advanced Environmental Recycling Technologies (AERC) is a provider of innovative recycling solutions for end-of-life electronics, batteries, and other hazardous materials. The company's services include:
* E-waste recycling
* Battery recycling
* Lamp recycling
* Precious metal recovery
* Waste-to-energy solutions
AERC operates recycling facilities in California, Arizona, and Nevada, and serves customers across the United States.
**Financial Performance:**
AERC's financial performance has been mixed in recent years. The company reported a net loss in 2020 and 2021, but returned to profitability in 2022. Revenue has been relatively stable, with a slight increase in 2022.
**Stock Performance:**
AERC's stock price has been volatile in recent years. The stock reached a high of $12.90 in 2021, but has since declined significantly. As of March 8, 2023, the stock is trading at around $2.00.
**Key Competitors:**
AERC's key competitors include:
* Sims Recycling Solutions
* Electronic Recyclers International
* Waste Management
* Republic Services
* Clean Harbors