Aeries Technology (AERT) Q1 2026 Earnings Call August 14, 2025 06:30 AM ET Speaker0Good morning, and welcome to the Ares Technology First Quarter Fiscal Year twenty twenty six Earnings Call. Joining us today are Ares' Chief Executive Officer, Ajay Khare and Chief Financial Officer, Daniel Webb. The call will review the results for the quarter ended 06/30/2025, and discuss strategic priorities moving forward. Before we begin, please note that today's discussion contains forward looking statements, including ...

Financial Performance - Aeries Technology reported fiscal year 2025 revenues of $70.2 million, a decrease of 3.2% from $72.5 million in fiscal year 2024[4] - The company achieved a Core Adjusted EBITDA of $7.4 million for fiscal year 2025, representing a 365% increase compared to $1.6 million in fiscal year 2024[6] - Aeries experienced a net loss of $21.6 million in fiscal year 2025, compared to a net income of $17.3 million in fiscal year 2024[5] - Adjusted EBITDA for fiscal year 2025 was $(4.7) million, down from $9.2 million in fiscal year 2024[6] - Aeries has reiterated its revenue guidance for fiscal year 2026, projecting between $74 million and $80 million[7] - The company expects Adjusted EBITDA for fiscal year 2026 to be between $6 million and $8 million[7] Market Focus and Strategy - Aeries has exited non-core geographies, including the Middle East, to focus on its core North American market[3] - The company plans to discontinue reporting Core Adjusted EBITDA as a financial metric starting in FY2026, focusing instead on Adjusted EBITDA and GAAP results[2] Profitability and Margins - The gross profit margin for fiscal year 2025 was 24%, down from 30% in fiscal year 2024[16] Cash Flow and Assets - Cash and Cash Equivalents increased by 33% from $2,084 million in 2024 to $2,764 million in 2025[22] - Net cash used in operating activities decreased by 77%, from $(4,299) million in 2024 to $(1,009) million in 2025[22] - Total current assets decreased by 35% from $32,836 million in 2024 to $21,327 million in 2025[24] - Accounts receivable decreased significantly by 54% from $23,757 million in 2024 to $10,982 million in 2025[24] - Operating right-of-use assets increased by 31% from $7,318 million in 2024 to $9,602 million in 2025[24] - Deferred tax assets increased by 110% from $1,933 million in 2024 to $4,064 million in 2025[24] Liabilities and Shareholder Equity - Total liabilities decreased by 9% from $50,587 million in 2024 to $45,937 million in 2025[24] - Shareholders' deficit improved from $(12,240) million in 2024 to $(5,804) million in 2025, a reduction of 53%[24] Financing Activities - Net cash provided by financing activities decreased by 66%, from $7,056 million in 2024 to $2,432 million in 2025[22] Exchange Rate Effects - Effects of exchange rates on cash improved significantly by 280%, from $(64) million in 2024 to $115 million in 2025[22]

Operational Discipline, Focus on Core Offerings, and AI-Enabled GCC Delivery Help to Drive Sustainable, Profitable GrowthNEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for the first quarter ended June 30, 2025 — the strongest first quarter in Company history, delivering positive operating cash flow and a $17.0 mi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 001-40920 Aeries Technology, Inc. (Exact Name of Registrant as Specified in Its Charter) | Cayman Islands | 98-15 ...

Core Viewpoint - Aeries Technology has successfully restored compliance with Nasdaq's minimum bid price requirement, allowing it to continue trading on the Nasdaq Capital Market without the need for a hearing or appeal process [1]. Group 1: Compliance and Market Position - The company has restored compliance with Nasdaq Listing Rule 5550(a)(2) and will continue trading on the Nasdaq Capital Market [1]. - No hearing or appeal process was necessary, indicating a smooth resolution of the compliance issue [1]. Group 2: Leadership and Strategic Focus - Ajay Khare, the CEO, expressed gratitude for shareholder support and emphasized the company's focus on execution and long-term value creation [2]. - Aeries Technology is committed to strengthening its platform for AI-driven business transformation and Global Capability Center (GCC) delivery [3]. Group 3: Business Model and Services - The company supports private equity partners in scaling and optimizing portfolio companies through digital innovation, operational efficiency, and access to global talent via unique GCC solutions [3]. - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation for private-equity portfolio companies [4].

Core Insights - Aeries Technology has launched the 1GCC automation initiative, which significantly enhances value creation for private-equity portfolio companies through improved transparency and execution [1][2]. Group 1: 1GCC Platform Features - The 1GCC platform provides real-time status updates during the Design and Build phases, allowing clients to monitor progress and manage risks effectively [2]. - A key feature, the Value Creation Planner, helps private-equity-backed portfolio companies define strategic priorities early and track them through the Operate phase, aligning execution with investment goals [2][3]. - The platform is designed to co-create value with clients by offering a single source of truth, enabling them to track progress and measure outcomes in real time [3]. Group 2: Operational Benefits - Early usage of the 1GCC platform has led to measurable improvements, including reduced manual overhead, enhanced PMO productivity, and faster reporting through better automation and visibility [3]. - The platform's development utilized technologies such as Python, React, Power Apps, and AI agents, supporting rapid deployment and scalability [3]. Group 3: Strategic Importance - 1GCC not only focuses on automation but also provides a value-first, insight-led foundation for scaling global capabilities, helping portfolio companies future-proof their operations [4]. - Aeries Technology positions itself as a leader in AI-enabled value creation and business transformation for private-equity portfolio companies, emphasizing its commitment to workforce development [5].

Core Insights - Aeries Technology has established an Independent Strategic Advisory Board to enhance its growth, innovation, and long-term client success [1][4] - The Advisory Board aims to align with client needs, advance strategic priorities, and identify new commercial opportunities [2][4] Group 1: Advisory Board Composition and Purpose - Ramesh Venkataraman, a seasoned private-equity investor and former McKinsey partner, will chair the Advisory Board [3] - The Board is designed to incorporate the "voice of the customer" into strategic discussions and leverage industry expertise [2][4] - The Advisory Board will support Aeries in navigating a complex landscape, enhancing execution capabilities [4] Group 2: Company Background - Aeries Technology is a global leader in AI-enabled value creation and business transformation for private-equity portfolio companies [5] - The company has been recognized for its commitment to workforce development, earning the Great Place to Work Certification for two consecutive years [5]

Core Adjusted EBITDA exceeds guidance; Company re-affirms FY 2026 outlook as AI-Centric Global Capability Center strategy acceleratesNEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or the “Company”), a leading partner to private-equity-backed enterprises building and scaling Global Capability Centers (“GCCs”), today announced that it held its Annual Fiscal Year 2025 Earnings and Business Update Conference Call earlier today. Chief Executive Officer Ajay Khare and Chief Financia ...

Financial Data and Key Metrics Changes - For fiscal year 2025, the company reported total revenue of $70.2 million, a slight decline from $72.5 million in fiscal year 2024, primarily due to the exit from the Middle East business [12] - Core adjusted EBITDA reached $7.4 million, an increase of 365% from $1.6 million in the previous year, exceeding guidance of $6 million to $7 million [4][15] - The company ended the year with $2.8 million in cash and $1.1 million in long-term debt, providing flexibility for ongoing initiatives [15] Business Line Data and Key Metrics Changes - North America revenue grew 15% year over year from $57 million to $65.5 million, highlighting strong momentum in core markets [7][12] - The company has shifted focus to private equity-backed companies and exited lower-value, non-core geographies, which has strengthened its business model [5][6] Market Data and Key Metrics Changes - North America now represents over 93.3% of the company's revenue base, indicating a significant concentration in this market [6] - The company is seeing increased adoption of large-scale digital transformation initiatives among clients, reflecting a growing demand for its services [6][17] Company Strategy and Development Direction - The company has made intentional decisions to sharpen its strategy by focusing on core business areas and exiting non-core markets [5] - A new AI-centered global capability center framework has been launched, integrating intelligent automation and data-driven decision systems [10][11] - The company plans to continue hiring key personnel with relationships in the private equity industry to expand its pipeline and network [6][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in fiscal year 2026, projecting revenue between $74 million and $80 million and adjusted EBITDA between $6 million and $8 million [16][17] - The company is experiencing strong traction with clients, with existing clients deepening their partnerships and an expanding private equity network [17][18] Other Important Information - The restructuring process is complete, and stock-based compensation is expected to be significantly lower moving forward [13][15] - Fiscal year 2025 will be the last year to report core adjusted EBITDA as a separate metric, transitioning to adjusted EBITDA and GAAP measures [15] Q&A Session Summary - No specific questions or answers were provided in the content regarding the Q&A session.

Financial Data and Key Metrics Changes - For fiscal year 2025, the company reported total revenue of $70.2 million, a decrease from $72.5 million in fiscal year 2024, primarily due to the exit from the Middle East business [11] - Core adjusted EBITDA reached $7.4 million, an increase of 365% from $1.6 million in the previous year, exceeding guidance [14] - The company ended the year with $2.8 million in cash and $1.1 million in long-term debt, providing flexibility for ongoing initiatives [14] Business Line Data and Key Metrics Changes - North America revenue grew 15% year over year from $57 million to $65.5 million, highlighting strong momentum in core markets [11][7] - The company has shifted focus to private equity-backed companies, enhancing its global capability center (GCC) model, which is now a preferred method for scalable capabilities in technology and operations [6][7] Market Data and Key Metrics Changes - North America now represents over 93.3% of the company's revenue base, indicating a significant concentration in this market [6] - The company is experiencing high client retention and increased adoption of large-scale digital transformation initiatives [6] Company Strategy and Development Direction - The company has exited lower-value, non-core geographies, specifically the Middle East consulting market, and has completed associated write-offs [5] - A new AI-centered GCC framework has been launched, integrating intelligent automation and data-driven decision systems to enhance client capabilities [9][10] - The company plans to continue hiring key personnel with relationships in the private equity industry to expand its pipeline and network [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in fiscal year 2026, projecting revenue between $74 million and $80 million and adjusted EBITDA between $6 million and $8 million [15][16] - The company is seeing strong traction with clients, with existing clients deepening partnerships and an expanding private equity network [16] - The cost structure is now lean, and AI-led transformation is gaining pace, indicating a positive outlook for future performance [17] Other Important Information - The restructuring process is complete, and stock-based compensation is expected to be significantly lower moving forward [12] - Fiscal year 2025 will be the last year to report core adjusted EBITDA as a separate metric, transitioning to adjusted EBITDA and GAAP measures [14] Q&A Session Summary - No specific questions or answers were provided in the content, indicating that the call concluded without a Q&A segment [19]