Aeries Technology, Inc. Reflects on Fiscal Year 2025 Growth
NEW YORK — Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a progressive force in AI-enabled value creation and business transformation, has recently shared significant updates regarding its financial performance for the fiscal year ending March 31, 2025. This period was marked by a notable 365% increase in Core Adjusted EBITDA compared to the previous year, achieving a total of $7.4 million.
Key Financial Metrics
Aeries has decided, starting in FY2026, to discontinue reporting on Core Adjusted EBITDA as a financial metric. Instead, the company has shifted focus towards its core operations, providing more transparency through Adjusted EBITDA and GAAP financials, which reflect its operating performance more accurately.
Revenue Highlights
The final financial report showcased revenues amounting to $70.2 million, which reflects a slight decline of 3.2% when compared to the prior year's revenue of $72.5 million. However, Ajay Khare, the CEO of Aeries, expressed optimism regarding the company’s direction, indicating a robust shift towards more profitable segments of the market.
Operational Performance
Fiscal year 2025 was truly transformative for Aeries, as the company successfully exited non-core markets and concentrated efforts on its North American operations. This strategic realignment resulted in a revenue increase of 15%, bringing the total to $65.5 million from this critical region. This focus encouraged better cost management practices, leading to strengthened performance in Global Capability Centers (GCC).
Financial Outlook for FY2026
The company remains committed to its projected guidance for the upcoming fiscal year. Aeries has set revenue expectations between $74 million and $80 million, alongside an Adjusted EBITDA forecast in the range of $6 million to $8 million. These projections are designed to encourage continued growth and reinforce strategic partnerships within the private equity domain.
Conference Call and Future Engagement
Aeries will host a conference call on July 3, 2025, at 8 AM ET to elaborate on its financial results and discuss future plans. Investors and interested parties will have access to the call by phone, and a transcript will be made available on the company’s investor relations website.
About Aeries Technology
Aeries Technology, a leader in providing Global Capability Center (GCC) solutions, specializes in establishing GCCs for Private Equity’s portfolio companies, delivering an extensive suite of advisory services. Founded in 2012, the company has expanded its team to over 1,400 professionals dedicated to driving innovation and developing transformative business models leveraging advanced technologies like AI.
In essence, Aeries has demonstrated resilience in navigating the complexities of the market, utilizing its expertise to generate sustainable growth. The company has not only evolved its operational strategies but remains committed to workforce development, earning accolades such as the Great Place to Work Certification for multiple years consecutively.
Frequently Asked Questions
What are the key financial results for Aeries Technology in FY2025?
Aeries reported revenues of $70.2 million and achieved a Core Adjusted EBITDA of $7.4 million, marking a 365% increase year-over-year.
What strategic changes did Aeries make in FY2025?
The company exited non-core markets and refocused on its primary North American operations, leading to a revenue increase of 15% in that region.
What is the outlook for FY2026 for Aeries Technology?
Aeries anticipates revenues between $74 million and $80 million, with an Adjusted EBITDA projection of $6 million to $8 million.
When is the next conference call scheduled?
The next conference call is scheduled for July 3, 2025, at 8 AM ET, providing insights on the financial results and future strategies.
What initiatives does Aeries Technology focus on?
Aeries specializes in AI-driven business transformations and establishes Global Capability Centers, dedicated to optimizing operations for private equity-backed companies.
