Core Insights - Aeries Technology, Inc. reported a strong performance in the first eight months of 2025, highlighting record quarterly results, strategic leadership changes, AI innovation, and global expansion efforts [1]. Leadership and Strategy - In February 2025, Aeries underwent a strategic leadership transition to sharpen its focus on core North American clients and AI-driven enterprise transformation [2][3]. - New leadership appointments include Ajay Khare as CEO, Daniel Webb as CFO, and Eli Mendoza as Chief Growth & Strategy Officer, aimed at enhancing private equity partnerships and market strategies [7]. Growth and Performance - Aeries achieved its strongest quarter in company history for the period ending June 30, 2025, with positive operating cash flow and a $17 million year-over-year improvement in net income [7]. - The company successfully transitioned a 300+ member Global Capability Center (GCC) in India for a major U.S. healthcare fintech platform [7]. AI and Technology Initiatives - Aeries launched the AI Partner Network to accelerate enterprise AI adoption for mid-market firms and debuted AeriesOne, an integrated generative-AI platform [7]. - The company plans to extend AeriesOne use cases across various industries and add new capabilities to the AI Partner Network [8]. Expansion Plans - In September 2025, Aeries announced plans for global expansion to meet increasing client demand, including the establishment of new offices in Mumbai, Bengaluru, Hyderabad, and Pune, as well as continued scaling of nearshore operations in Guadalajara, Mexico [6][8]. - The company aims to create over 500 new roles in India and Mexico over the next 12 months, focusing on AI, technology, finance, and operations [8].

Core Insights - Aeries Technology, Inc. is expanding its operations in India and Mexico, adding over 500 new roles in technology, AI, and finance over the next year [2][3] - The expansion is driven by strong financial performance and increasing demand for AI-driven solutions from private equity sponsors and their portfolio companies [3] Group 1: Expansion Plans - Aeries will open new offices in Mumbai, Bengaluru, Hyderabad, and Pune to support its growth in India [2] - Guadalajara is identified as a key hub for nearshore delivery as Aeries scales its operations in Mexico [2] Group 2: Strategic Importance - The expansion aligns with Aeries' long-term vision of building a diverse, world-class workforce to meet evolving client needs [3] - Aeries positions itself as a partner of choice for private equity firms, delivering integrated solutions across AI, technology services, and digital transformation [3] Group 3: Company Background - Aeries Technology is recognized as a global leader in AI-enabled business transformation and Global Capability Center services for private equity portfolio companies [4] - The company has received the Great Place to Work Certification for two consecutive years, highlighting its commitment to workforce development [4]

Core Insights - Aeries Technology has formed a strategic partnership with TalentRecruit to enhance its AI-driven hiring capabilities, targeting the growing Global Capability Center (GCC) market valued at $121 billion by 2030 [1][3]. Company Overview - Aeries Technology, a leader in AI-enabled business transformation and GCC services, aims to improve hiring solutions for clients in India and Mexico, which are rapidly growing talent hubs [1][8]. - The company has established GCC operations in India and is expanding in Mexico, leveraging favorable economic conditions and a skilled talent pool [3][4]. Partnership Details - The integration of TalentRecruit's AI technology into Aeries' operations will automate candidate sourcing, intelligent matching, and onboarding, enhancing the recruitment lifecycle [2]. - This partnership is expected to reduce time-to-hire by up to 45% and improve offer-to-joining ratios by up to 50%, thereby increasing recruiter productivity and enhancing candidate experience [7]. Market Potential - The GCC market is projected to grow significantly, driven by digital transformation and the demand for cost-efficient global workforce models [3]. - Aeries is well-positioned to capitalize on this growth, particularly in serving mid-market and private equity-backed clients seeking rapid scaling [4]. AI Partner Network - The partnership with TalentRecruit expands the Aeries AI Partner Network, which consists of top-tier AI solutions aimed at accelerating transformation and generating measurable outcomes across enterprise services [5].

Financial Data and Key Metrics Changes - The company reported positive EBITDA of $2.3 million, net income of $1.7 million, and positive cash from operations of $1.4 million, indicating a strong financial performance for Q1 FY 2026 [4][9] - There was a significant year-over-year net income swing of over $17 million from a loss of $15.3 million last year, showcasing a remarkable recovery [9] - SG&A expenses were reduced by more than 85%, contributing to improved margins and operational efficiency [4][10] Business Line Data and Key Metrics Changes - The company has exited non-core operations to focus on high-value Global Capability Centers (GCCs) and AI-powered transformation services, leading to multiple new client wins [5][6] - The private equity segment saw accelerated momentum, with several clients transitioning from pilot programs to multi-year engagements, increasing delivery volumes and expanding margins [10] Market Data and Key Metrics Changes - The company integrated nearshore capabilities in Mexico with offshore teams in India, enhancing client service through faster turnaround and better cost efficiency [5] - The rollout of AresONE is enabling faster deployment of enterprise-grade AI solutions, improving operational efficiency for clients [7] Company Strategy and Development Direction - The company is focused on creating a more agile, efficient, and scalable organization, aiming for consistent and profitable growth [6] - An independent advisory board has been formed to help seize growth opportunities and refine the AI strategy [6][8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering financial year 2026 priorities and achieving guidance, indicating a strong foundation and proven model for growth [8][11] - The company reaffirmed its fiscal year 2026 revenue guidance of $74 million to $80 million and adjusted EBITDA of $6 million to $8 million, highlighting expanding growth opportunities [10][11] Other Important Information - The company emphasized the importance of disciplined cost control and a healthy revenue mix in achieving positive cash flow, marking a significant turnaround from previous quarters [10] Q&A Session Summary - No specific questions or answers were provided in the transcript, as the call concluded without a Q&A segment [12]

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]

Core Insights - Aeries Technology, Inc. reported its strongest first quarter in company history, achieving positive operating cash flow and a $17.0 million year-over-year improvement in net income [1][4] - The company attributes its success to operational discipline, a focus on core offerings, and the implementation of AI-enabled Global Capability Center (GCC) services [2][3] Financial Performance - Revenue for the quarter ended June 30, 2025, was $15.3 million, driven entirely by strong demand for AI-powered GCC services [4] - SG&A expenses were reduced by more than 85% year-over-year, contributing to a leaner cost structure [4] - Operating profit reached $0.8 million, an increase of $17.2 million year-over-year, while net income was $1.7 million compared to a net loss of $15.3 million in Q1 FY2025 [4][19] - Cash flow from operations was $1.4 million, reversing the negative cash flow from the previous year [4] Strategic Initiatives - The company exited non-core operations to concentrate on high-value GCC and AI-powered transformation services, resulting in multiple new client wins [5] - Aeries integrated nearshore and offshore delivery to enhance speed, cost efficiency, scalability, and innovation [5] - The company strengthened its leadership team and aligned skill sets to core offerings, optimizing project governance and delivery [5] Market Position and Growth - Aeries has positioned itself as a key partner for Private Equity (PE) firms, enhancing its market presence through new client acquisitions and expanded relationships [7] - The AI-first GCC model allows clients to achieve significant improvements in speed, scale, and efficiency, attracting Private Equity-backed companies [2][6] Fiscal Outlook - Aeries reaffirmed its full-year FY2026 guidance, emphasizing that disciplined execution can deliver both growth and profitability [8]

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 Insights - Aeries Technology, Inc. has successfully transformed its HR processes using AI, enhancing workforce agility and client value [1][2][3] - The AI-enabled Global Capability Center (GCC) market is projected to reach $211 billion by 2030, while the HR management market is expected to hit $60.52 billion [2] Group 1: HR Transformation Achievements - Aeries' HR transformation streamlined sourcing, compliance, and reporting, achieving a Learning & Development feedback score of 4.4 out of 5 [2] - The employee experience framework improved Great Place to Work® scores to 82, reinforcing Aeries' status as an employer of choice [2] - Onboarding time was reduced from 3-5 days to one day, representing a 60-70% improvement, with 100% compliance from day one [6] Group 2: Operational Efficiency and Cost Savings - Administrative workload was cut by 80%, allowing HR to focus on strategic priorities [6] - Employee engagement reached 97% satisfaction through the 30:60:90 Connect framework, with voluntary attrition below 7%, significantly lower than the industry benchmark of 13% [6] - Aeries has achieved over 50% cost savings and established over 40 successful GCC setups across seven global locations [3] Group 3: Strategic Positioning - The transformation positions Aeries as a strategic partner for innovation and growth, particularly for Private Equity portfolio companies [3] - Aeries Technology has been recognized as a Great Place to Work for two consecutive years, highlighting its commitment to workforce development [4]

Core Insights - Aeries Technology has launched AeriesOne, a generative-AI value-creation platform aimed at helping mid-market private-equity portfolio companies transition from AI pilots to production-scale implementations [1][9] - The platform is designed to optimize operations and accelerate AI adoption across various functions such as Engineering, Customer Support, IT, and Finance [2][9] - Aeries estimates a potential 25% increase in its Total Addressable Market due to the rise in AI adoption within its mid-market private-equity focus [4] Industry Context - Bain & Company projects the global market for AI products and services could reach between $780 billion and $990 billion by 2027, highlighting significant value-creation opportunities for mid-market private-equity portfolios [3] - McKinsey estimates that generative-AI applications could unlock between $2.6 trillion and $4.4 trillion in annual economic value [3] Product Features - AeriesOne includes three foundational pillars: A1GCC for digital-twin operating models, A1Marketplace for LLM-powered agents and automation modules, and A1Support for shared services across various business functions [6][12] - The platform emphasizes modular flexibility, allowing phased deployment that evolves with client needs and future-proof integrations [12] Strategic Benefits - Aeries anticipates expanding its wallet share across its current Global Capability Center client base while opening new pipelines in the mid-market private-equity sector through continuous innovation [8] - The company aims to provide a practical path from ideation to implementation with minimal disruption and faster time-to-value for its clients [5][9]

Core Insights - Aeries Technology, Inc. has formed a strategic partnership with Skydda.ai to enhance its cybersecurity operations through AI-enabled solutions [1][2] - The collaboration aims to improve the efficiency and adaptability of Security Operations Centers (SOC) for mid-market companies [3][4] - Aeries' integration of Skydda.ai's technology is expected to significantly boost analyst productivity and speed up SOC workflows [4] Company Overview - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation, particularly for private equity portfolio companies [6] - The company has been operational since 2012 and has received the Great Place to Work Certification for two consecutive years, highlighting its commitment to workforce development [6] Partnership Details - The partnership with Skydda.ai is part of Aeries' AI Partner Network, which focuses on delivering high-impact, domain-specific AI platforms [5] - Skydda.ai's technology offers autonomous threat detection and AI-powered workflows, which will enhance Aeries' SOC capabilities [2][4] - The collaboration is expected to provide a 33x increase in analyst productivity and 20x faster execution of SOC workflows [4]