Financial Performance - Revenue for Q3 FY2026 was $17.5 million, with a net income of $1.2 million and an adjusted EBITDA of $2.5 million, reflecting a margin of 14.1%[7] - Aeries increased its FY26 adjusted EBITDA guidance to a range of $7 million to $8 million, up from the previous guidance of $6 million to $8 million[2] - For FY27, Aeries expects revenue between $80 million and $84 million, with adjusted EBITDA projected to be between $10 million and $12 million[3] - Aeries reported continued strong performance in India and Mexico, contributing to increased client expansions and improved forward visibility[4] - Aeries' third quarter results indicate improving operating fundamentals and deeper client relationships, enhancing profitability and cash generation[9] - Aeries has seen meaningful year-over-year improvement in adjusted EBITDA and margins, indicating a positive trend in operational efficiency[12] Cash Flow and Assets - The company achieved positive operating cash flow for the third consecutive quarter, amounting to approximately $2.4 million[7] - The total assets of Aeries as of December 31, 2025, were $41.981 million, compared to $39.833 million as of March 31, 2025[21] - Cash flows from operating activities for the nine months ended December 31, 2025, provided $4,762 million, a turnaround from cash used of $1,873 million in the same period of 2024[27] - The company had cash and cash equivalents of $2,570 million at the end of the period, down from $2,764 million at the beginning of the period[28] Profitability Metrics - Gross profit for the nine months ended December 31, 2025, was $12,142 million, compared to $11,627 million for the same period in 2024, reflecting a year-over-year increase of 4.4%[24] - Net income for the nine months ended December 31, 2025, was $3,557 million, a significant recovery from a net loss of $15,575 million in the same period of 2024[27] - Adjusted EBITDA for the nine months ended December 31, 2025, was $6,045 million, compared to a loss of $3,931 million in the same period of 2024[30] - The adjusted EBITDA margin for the nine months ended December 31, 2025, was 12.1%, up from a negative margin of 7.7% in the same period of 2024[30] - The company reported total operating expenses of $9,199 million for the three months ended December 31, 2024, which was 23% of revenues, compared to 19% of revenues for the same period in 2025[24] - Basic and diluted net income per Class A ordinary share for the three months ended December 31, 2025, was $0.02, compared to $0.08 for the same period in 2024[24] Strategic Initiatives - The company has strengthened its talent acquisition capabilities through a strategic partnership with a global recruitment firm to support scaling client programs[8] - The company is focused on automation and AI delivery initiatives, which have been recognized by industry analysts for their effectiveness[6] Investment Activities - The net cash used in investing activities for the nine months ended December 31, 2025, was $1,178 million, compared to $1,274 million in the same period of 2024[27]
WORLDWIDE WEBB(WWAC) - 2025 Q4 - Annual Results