Financial Performance - Revenue for Q2 FY2026 was $17.36 million, representing a 3% increase year-over-year from $16.87 million in Q2 FY2025[5] - Net income for Q2 FY2026 was $0.64 million, a significant improvement from a net loss of $2.31 million in Q2 FY2025[5] - Adjusted EBITDA for Q2 FY2026 was $2.55 million with a margin of 14.7%, compared to a loss of $(2.30) million in Q2 FY2025[5] - The first half of FY2026 marked the strongest performance in the company's history, with two consecutive quarters of profitability and positive operating cash flow[3] - Revenue for the three months ended September 30, 2025, was $17,359 million, a 2.9% increase from $16,873 million in the same period of 2024[20] - Gross profit for the six months ended September 30, 2025, was $8,800 million, compared to $7,585 million for the same period in 2024, reflecting a 16.0% increase[20] - Net income for the six months ended September 30, 2025, was $2,320 million, a significant recovery from a net loss of $17,623 million in the same period of 2024[22] - Adjusted EBITDA for the three months ended September 30, 2025, was $2,552 million, compared to a loss of $2,295 million in the same period of 2024[25] - Adjusted EBITDA margin for the three months ended September 30, 2025, was 14.7%, compared to a negative margin of 13.6% in the same period of 2024[25] - The company reported a basic and diluted net income per Class A ordinary share of $0.01 for the three months ended September 30, 2025, compared to a loss of $0.05 in the same period of 2024[20] - The company experienced a net cash provided by operating activities of $2,394 million for the six months ended September 30, 2025, compared to $205 million in the same period of 2024[22] - The company incurred stock-based compensation expense of $293 million for the six months ended September 30, 2025, significantly lower than $12,746 million in the same period of 2024[22] Operational Developments - Aeries plans to hire over 500 new roles to expand its operations in India and Mexico, enhancing delivery capacity[9] - The company signed a multi-million-dollar AI partnership to expand its capabilities in India[9] - Aeries launched an AI-powered content automation solution that delivers over 80% efficiency gains and a 12x improvement in throughput[9] - Aeries delivered over $20 million in client savings through its nearshore GCC model in Guadalajara, Mexico[9] Asset and Cash Position - The total assets as of September 30, 2025, were $40.48 million, an increase from $39.83 million as of March 31, 2025[17] - Cash and cash equivalents at the end of the period on September 30, 2025, were $1,866 million, down from $3,627 million at the end of September 30, 2024[22] - Total operating expenses for the six months ended September 30, 2025, were $5,995 million, a decrease from $28,100 million in the same period of 2024[20]
WORLDWIDE WEBB(WWAC) - 2025 Q3 - Quarterly Results