Aeries Technology, Inc.
Financial highlights
| Metric | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 12/31/22 | FY 03/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $70.2M | $72.5M | $53.1M | — | — |
| Cost of revenue | $53.5M | $50.9M | $39.4M | — | — |
| Gross profit | $16.7M | $21.6M | $13.7M | — | — |
| Selling, general & administrative | $45.5M | $18.7M | $11.3M | — | — |
| Operating expenses | $45.5M | $18.7M | $11.3M | — | — |
| Operating income | -$28.8M | $3.0M | $2.3M | -$4.5M | — |
| Interest expense | $751,000 | $462,000 | $185,000 | — | — |
| Pretax income | -$22.7M | $19.1M | $2.8M | — | — |
| Income tax expense | -$1.1M | $1.9M | $1.1M | — | — |
| Net income | -$21.6M | $17.3M | $1.7M | $9.8M | — |
| Balance Sheet | |||||
| Cash and equivalents | $2.8M | $2.1M | $1.1M | — | — |
| Current assets | $21.3M | $32.8M | $20.6M | $360,774 | — |
| Total assets | $39.8M | $49.4M | $34.4M | $235.1M | — |
| Current liabilities | $32.4M | $38.1M | $12.5M | $4.0M | — |
| Total liabilities | $45.9M | $50.6M | $20.9M | $5.0M | — |
| Total debt | — | — | — | $180,361 | — |
| Stockholders' equity | -$5.8M | -$12.2M | $12.2M | -$4.5M | $8.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$1.0M | -$4.3M | $2.1M | -$446,617 | — |
| Depreciation and amortization | $1.4M | $1.4M | $1.2M | — | — |
| Stock-based compensation | $12.7M | $1.6M | $3.8M | — | — |
| Capital expenditure | $1.5M | $1.5M | $1.6M | — | — |
| Free cash flow | -$2.5M | -$5.8M | $511,000 | — | — |
| Impairments | — | $0 | $0 | — | — |
Shares outstanding 50.2M
Annual filing data through FY ended March 31, 2025; float as of July 4, 2026.