Three ASX Tech Stocks Under Pressure: SMN, AER and CF1 Shares Lower

Sonal Goyal

10 November 2026 07:04 PM AEDT

Three ASX Tech Stocks Under Pressure: SMN, AER and CF1 Shares Lower

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Key highlights

Structural Monitoring Systems (ASX:SMN) fell 10.15% to $0.310 during the trading session.
Aeeris (ASX:AER) dropped 8.20% to $0.056, and Complii Fintech (ASX:CF1) fell 8.00% to $0.023.
The S&P/ASX 200 rose 1.34% over the same session.

Three ASX technology companies traded lower during the 10 November 2026 trading session, while the S&P/ASX 200 gained 1.34%, or 121.20 points, to 9,150.90. Structural Monitoring Systems Plc (ASX:SMN), Aeeris Ltd (ASX:AER) and Complii FinTech Solutions Ltd (ASX:CF1) each reported quarterly results for the September 2026 quarter. Their sections below cover those reports and each share price move.

Structural Monitoring Systems Plc (ASX:SMN)

Structural Monitoring Systems shares fell 10.15% to $0.310 during the session. Its Q1 FY27 quarterly report, released on 26 October 2026, showed Revenue of A$7.0 million, against A$8.1 million a year earlier, and net profit after tax of A$0.7 million, against A$1.2 million.

Adjusted EBITDA was A$1.8 million, and product development Investment rose to A$0.8 million from A$0.3 million. Group cash at bank was A$5.2 million, and the company targets product introductions in late FY27 and early FY28, subject to certification.

Aeeris Ltd (ASX:AER)

Aeeris shares were down 8.20% at $0.056 during the session. Its quarterly report, released on 28 October 2026, showed annual Recurring Revenue of $3,493,530, down 1.4% year on year, after the company exited lower-margin reseller and climate-science contracts.

Annual revenue per customer rose 10.0% to $21,173, quarterly revenue was $975,191, and cash at quarter end was $1.02 million with no debt. A proposed corporate rebrand is on track for launch in November 2026, subject to Shareholder approval.

Complii FinTech Solutions Ltd (ASX:CF1)

Complii shares fell 8.00% to $0.023 during the session. Its Q1 FY27 Quarterly Report showed $1.3 million in receipts from customers, total revenue and other income of $1.35 million, and cash of $168,000 at 30 September 2026.

After the quarter, the company received an R&D rebate of $1.239 million in October 2026. Complii also reported that approximately $14.365 billion of Capital was raised through its platform across 801 offerings in the quarter.

Final Word

Each company reported its own quarterly results, and the share price moves were separate during the session. The next quarterly reports will provide the next figures for each company.

FAQs

Q: How much cash did Complii hold at 30 September 2026?

A: Cash and cash equivalents were $168,000.

Q: What was Aeeris's annual recurring revenue?

A: It was $3,493,530, down 1.4% on the prior corresponding period.

Q: What revenue did Structural Monitoring Systems report?

A: Quarterly revenue was A$7.0 million, against A$8.1 million a year earlier.

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