Is Aeries Technology, Inc (AERT) a Buy, Sell, or Hold?
NASDAQ : AERT
Aeries Technology, Inc
$6.5 USD
-$0.29 (-4.27%)
- Volume
- 15.64K
- Average Volume
- 41.49K
- Market Capitalization
- $37.31M
- P/E Ratio
- 13.91
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $11.60
- Year Low
- $2.08
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.78
AERT Financial Statements
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| revenue | 70.01M | 70.2M | 72.51M | 53.1M | 41.01M |
| costOfRevenue | 52.72M | 53.48M | 50.87M | 39.44M | 29.01M |
| grossProfit | 17.3M | 16.72M | 21.64M | 13.66M | 12.01M |
| researchAndDevelopmentExpenses | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 12.78M | 45.49M | 18.65M | 11.33M | 5.42M |
| otherExpenses | - | - | - | - | - |
| operatingExpenses | 12.78M | 45.49M | 18.65M | 11.33M | 5.42M |
| costAndExpenses | 65.5M | 98.97M | 69.52M | 50.77M | 34.43M |
| netInterestIncome | -145K | -425K | -187K | 6000 | -160K |
| interestIncome | 318K | 326K | 275K | 191K | 284K |
| interestExpense | 463K | 751K | 462K | 185K | 444K |
| depreciationAndAmortization | 837K | 1.38M | 1.75M | 1.17M | 1.14M |
| ebitda | 6.76M | -20.53M | 21.34M | 4.12M | 7.59M |
| ebit | 5.93M | -21.92M | 19.59M | 2.95M | 6.45M |
| nonOperatingIncomeExcludingInterest | -1.41M | -6.85M | -16.6M | -620K | 137K |
| operatingIncome | 4.52M | -28.77M | 2.99M | 2.33M | 6.58M |
| totalOtherIncomeExpensesNet | 947K | 6.1M | 16.14M | 435K | -581K |
| incomeBeforeTax | 5.46M | -22.67M | 19.13M | 2.77M | 6M |
| incomeTaxExpense | 1.99M | -1.07M | 1.87M | 1.06M | 1.27M |
| netIncomeFromContinuingOperations | 3.47M | -21.6M | 17.26M | 1.71M | 4.74M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | 2.55M | -19.71M | 15.66M | 1.45M | 4.03M |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | 2.55M | -19.71M | 15.66M | 1.45M | 4.03M |
| eps | 0.42 | -3.68 | 8.08 | 0.4 | 1.12 |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 4.88M | 2.76M | 2.08M | 1.13M | 351K |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 4.88M | 2.76M | 2.08M | 1.13M | 351K |
| netReceivables | 12.72M | 10.98M | 23.76M | 13.42M | 8.13M |
| accountsReceivables | 12.72M | 10.98M | 23.76M | 13.42M | 8.13M |
| otherReceivables | - | - | - | - | - |
| inventory | - | - | - | - | - |
| prepaids | - | 5.83M | 6.21M | 3.92M | 3.15M |
| otherCurrentAssets | 6.3M | 1.75M | 786K | 2.11M | 298K |
| totalCurrentAssets | 23.89M | 21.33M | 32.84M | 20.58M | 11.93M |
| propertyPlantEquipmentNet | 10.36M | 11.17M | 10.9M | 8.75M | 2.8M |
| goodwill | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - |
| longTermInvestments | 1.9M | 1.83M | 1.61M | 1.56M | 1.56M |
| taxAssets | 3.69M | 4.06M | 1.93M | 1.24M | 1.07M |
| otherNonCurrentAssets | 2.06M | 1.44M | 2.13M | 2.26M | 1.5M |
| totalNonCurrentAssets | 18M | 18.51M | 16.57M | 13.81M | 6.93M |
| otherAssets | - | -1000 | - | - | 7000 |
| totalAssets | 41.89M | 39.83M | 49.41M | 34.4M | 18.86M |
| totalPayables | 11.97M | 9.58M | 10.2M | 4.73M | 2.19M |
| accountPayables | 9.27M | 8.15M | 6.62M | 2.47M | 841K |
| otherPayables | 2.7M | 1.43M | 3.58M | 2.26M | 1.35M |
| accruedExpenses | - | 5.06M | 3.12M | 4.14M | 614K |
| shortTermDebt | 4.44M | 6.5M | 6.78M | 1.38M | 220K |
| capitalLeaseObligationsCurrent | 2.78M | 2.7M | 2.37M | 1.96M | 388K |
| taxPayables | - | 1.43M | 3.58M | 2.26M | 1.35M |
| deferredRevenue | - | 274K | 261K | 193K | 228K |
| otherCurrentLiabilities | 11.5M | 8.3M | 15.39M | 124K | 2.97M |
| totalCurrentLiabilities | 30.69M | 32.42M | 38.12M | 12.52M | 6.61M |
| longTermDebt | 798K | 1.1M | 1.44M | 969K | 917K |
| capitalLeaseObligationsNonCurrent | 6.44M | 7.56M | 5.78M | 4.5M | 467K |
| deferredRevenueNonCurrent | - | - | - | - | 1.96M |
| deferredTaxLiabilitiesNonCurrent | 197K | 139K | 92000 | 168K | 126K |
| otherNonCurrentLiabilities | 6.36M | 4.72M | 5.15M | 2.77M | 88000 |
| totalNonCurrentLiabilities | 13.79M | 13.52M | 12.46M | 8.41M | 3.55M |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | 9.22M | 10.26M | 8.15M | 6.45M | 855K |
| totalLiabilities | 44.48M | 45.94M | 50.59M | 20.93M | 10.17M |
| treasuryStock | - | -724K | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | -1.3M | 5000 | 2000 | 234.62M | 232.3M |
| retainedEarnings | -28.87M | -31.38M | -11.67M | -4.51M | 4.87M |
| additionalPaidInCapital | 29.12M | 27.2M | - | 7.22M | 3.33M |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| netIncome | 3.47M | -21.6M | 17.26M | 1.71M | 4.74M |
| depreciationAndAmortization | 837K | 1.38M | 1.35M | 1.17M | 1.14M |
| deferredIncomeTax | 173K | -2.11M | -718K | -161K | -190K |
| stockBasedCompensation | 293K | 12.75M | 1.63M | 3.8M | - |
| changeInWorkingCapital | 2.89M | 1.67M | -8.52M | -4.3M | -2.86M |
| accountsReceivables | -3.28M | 261K | -11.74M | -6.12M | -4.42M |
| inventory | - | - | - | - | - |
| accountsPayables | 2.72M | 3.7M | -568K | 1.02M | 653K |
| otherWorkingCapital | 3.45M | -2.29M | 3.79M | 799K | 907K |
| otherNonCashItems | -893K | 6.89M | -15.29M | -107K | 342K |
| netCashProvidedByOperatingActivities | 6.77M | -1.01M | -4.3M | 2.11M | 3.16M |
| investmentsInPropertyPlantAndEquipment | -1.11M | -1.48M | -1.52M | -1.6M | -1.65M |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | -619K | - | - | - | - |
| salesMaturitiesOfInvestments | 250K | - | - | - | - |
| otherInvestingActivities | 64000 | 626K | -220K | 43000 | 1.22M |
| netCashProvidedByInvestingActivities | -1.42M | -858K | -1.74M | -1.56M | -437K |
| netDebtIssuance | -2.14M | -1.01M | 1.14M | 933K | -3.57M |
| longTermNetDebtIssuance | -307K | -606K | -1.4M | -251K | -3.06M |
| shortTermNetDebtIssuance | -1.83M | -405K | 2.54M | 1.18M | -505K |
| netStockIssuance | -573K | 3.95M | 8.67M | - | 32000 |
| netCommonStockIssuance | -573K | 3.95M | 8.67M | - | 32000 |
| commonStockIssuance | 7000 | 4.68M | 8.67M | - | 32000 |
| commonStockRepurchased | -580K | -724K | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | -304K | -511K | -2.76M | -681K | - |
| netCashProvidedByFinancingActivities | -3.02M | 2.43M | 7.06M | 252K | -3.54M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 19.86M | 17.46M | 17.36M | 15.33M | 19.05M | 17.61M | 16.87M | 16.67M | 19.7M | 18.9M |
| costOfRevenue | 14.71M | 14.12M | 12.34M | 11.55M | 13.96M | 13.56M | 13.3M | 12.66M | 13.38M | 12.85M |
| grossProfit | 5.16M | 3.34M | 5.02M | 3.78M | 5.09M | 4.04M | 3.58M | 4.01M | 6.32M | 6.05M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | 1.6M | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | 4.74M | - |
| sellingGeneralAndAdministrativeExpenses | 4.22M | 2.57M | 3.04M | 2.96M | 8.19M | 9.2M | 7.67M | 20.43M | 6.33M | 5.31M |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 4.22M | 2.57M | 3.04M | 2.96M | 8.19M | 9.2M | 7.67M | 20.43M | 6.33M | 5.31M |
| costAndExpenses | 18.93M | 16.69M | 15.37M | 14.51M | 22.15M | 22.76M | 20.97M | 33.09M | 19.71M | 18.16M |
| netInterestIncome | -41000 | 10000 | -18000 | -98000 | -167K | -143K | -47000 | -68000 | -90000 | -32000 |
| interestIncome | 83000 | 86000 | 76000 | 72000 | 76000 | 83000 | 88000 | 79000 | 58000 | 83000 |
| interestExpense | 124K | 76000 | 94000 | 170K | 243K | 226K | 135K | 147K | 148K | 115K |
| depreciationAndAmortization | 217K | 210K | 205K | 205K | 291K | 348K | 371K | 374K | 746K | 343K |
| ebitda | 758K | 1.89M | 1.74M | 2.38M | -3.5M | 1.18M | -2.33M | -15.89M | 33.45M | -15.29M |
| ebit | 541K | 1.68M | 1.53M | 2.18M | -3.79M | 834K | -2.7M | -16.26M | 32.7M | -15.63M |
| nonOperatingIncomeExcludingInterest | 398K | -904K | 455K | -1.36M | 694K | -5.99M | -1.4M | -159K | -32.71M | 16.36M |
| operatingIncome | 939K | 772K | 1.98M | 820K | -3.1M | -5.16M | -4.1M | -16.42M | -9000 | 733K |
| totalOtherIncomeExpensesNet | -522K | 828K | -549K | 1.19M | -937K | 5.76M | 1.26M | 12000 | 32.56M | -16.48M |
| incomeBeforeTax | 417K | 1.6M | 1.44M | 2.01M | -4.04M | 608K | -2.83M | -16.41M | 32.55M | -15.74M |
| incomeTaxExpense | 500K | 366K | 794K | 331K | 1.98M | -1.44M | -526K | -1.09M | 417K | 557K |
| netIncomeFromContinuingOperations | -83000 | 1.23M | 642K | 1.68M | -6.02M | 2.05M | -2.31M | -15.32M | 32.14M | -16.3M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -280K | 1.08M | 241K | 1.51M | -5.76M | 3.05M | -2.19M | -14.82M | 30.83M | -16.41M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -280K | 1.08M | 241K | 1.51M | -5.76M | 3.05M | -2.19M | -14.82M | 30.83M | -16.41M |
| eps | -0.05 | 0.18 | 0.08 | 0.26 | -0.8 | 0.55 | -0.4 | -3.12 | 15.92 | -8.56 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 4.88M | 2.57M | 1.87M | 2.14M | 2.76M | 2.39M | 3.63M | 4.2M | 2.08M | 6.54M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 4.88M | 2.57M | 1.87M | 2.14M | 2.76M | 2.39M | 3.63M | 4.2M | 2.08M | 6.54M |
| netReceivables | 12.72M | 10.33M | 11.29M | 9.55M | 10.98M | 14.19M | 18.48M | 22.41M | 23.76M | 19.72M |
| accountsReceivables | 12.72M | 10.33M | 11.29M | 9.55M | 10.98M | 14.19M | 18.45M | 22.41M | 23.76M | 19.72M |
| otherReceivables | - | - | - | - | - | - | 30000 | - | - | - |
| inventory | - | - | - | - | - | - | - | - | -169K | - |
| prepaids | - | - | - | - | 5.83M | - | - | - | 6.21M | - |
| otherCurrentAssets | 6.3M | 8.55M | 7.37M | 8.4M | 1.75M | 8.02M | 7.34M | 7.2M | 955K | 5.74M |
| totalCurrentAssets | 23.89M | 21.45M | 20.52M | 20.09M | 21.33M | 24.59M | 29.45M | 33.8M | 32.84M | 32M |
| propertyPlantEquipmentNet | 10.36M | 11.76M | 12.68M | 10.62M | 11.17M | 13.89M | 12.21M | 10.5M | 10.9M | 9.86M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 1.9M | 1.92M | 1.88M | 1.89M | 1.83M | 1.73M | 1.72M | 1.68M | 1.61M | 1.56M |
| taxAssets | 3.69M | 4M | 4.02M | 4.06M | 4.06M | 5.52M | 3.9M | 3.2M | 1.93M | 1.48M |
| otherNonCurrentAssets | 2.06M | 2.86M | 1.38M | 2.17M | 1.44M | 4.95M | 4.68M | 2.58M | 2.13M | 1.81M |
| totalNonCurrentAssets | 18M | 20.53M | 19.96M | 18.74M | 18.51M | 26.09M | 22.51M | 17.97M | 16.57M | 14.71M |
| otherAssets | - | - | - | - | -1000 | - | - | - | - | - |
| totalAssets | 41.89M | 41.98M | 40.48M | 38.82M | 39.83M | 50.68M | 51.96M | 51.77M | 49.41M | 46.71M |
| totalPayables | 11.97M | 6.44M | 7.41M | 7.66M | 9.58M | 7.82M | 7.33M | 6.63M | 10.2M | 7.77M |
| accountPayables | 9.27M | 6.44M | 7.41M | 7.66M | 8.15M | 7.82M | 7.33M | 6.63M | 6.62M | 7.77M |
| otherPayables | 2.7M | - | - | - | 1.43M | - | - | - | 3.58M | - |
| accruedExpenses | - | - | - | - | 5.06M | - | - | - | 3.12M | 2.78M |
| shortTermDebt | 4.44M | 3.08M | 4.37M | 5.4M | 6.5M | 6.24M | 4.48M | 6.4M | 6.78M | 6.24M |
| capitalLeaseObligationsCurrent | 2.78M | 3.19M | 3.34M | 3.05M | 2.7M | 2.47M | 1.65M | 1.95M | 2.37M | 1.86M |
| taxPayables | - | - | - | - | 1.43M | - | - | - | 3.58M | - |
| deferredRevenue | - | - | - | - | 274K | - | - | - | 261K | - |
| otherCurrentLiabilities | 11.5M | 15.86M | 13.85M | 14.61M | 8.3M | 18.47M | 25.76M | 23.85M | 15.39M | 49.47M |
| totalCurrentLiabilities | 30.69M | 28.58M | 28.97M | 30.71M | 32.42M | 35.01M | 39.22M | 38.83M | 38.12M | 68.12M |
| longTermDebt | 798K | 843K | 936K | 1.09M | 1.1M | 1.48M | 1.51M | 1.68M | 1.44M | 1.14M |
| capitalLeaseObligationsNonCurrent | 6.44M | 7.24M | 8.06M | 6.36M | 7.56M | 8.22M | 7.21M | 5.38M | 5.78M | 4.82M |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 197K | 174K | 254K | 170K | 139K | 128K | 130K | 118K | 92000 | 114K |
| otherNonCurrentLiabilities | 6.36M | 5.94M | 4.91M | 4.93M | 4.72M | 5.19M | 5.2M | 4.84M | 5.15M | 5.84M |
| totalNonCurrentLiabilities | 13.79M | 14.2M | 14.16M | 12.54M | 13.52M | 15.01M | 14.05M | 12.02M | 12.46M | 11.92M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 9.22M | 10.43M | 11.4M | 9.4M | 10.26M | 10.7M | 8.86M | 7.34M | 8.15M | 6.69M |
| totalLiabilities | 44.48M | 42.78M | 43.13M | 43.25M | 45.94M | 50.02M | 53.27M | 50.85M | 50.59M | 80.04M |
| treasuryStock | - | -724K | -724K | -724K | -724K | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | -1.3M | 5000 | 5000 | 5000 | 5000 | 4000 | 4000 | 4000 | 2000 | 2000 |
| retainedEarnings | -28.87M | -28.55M | -29.63M | -29.87M | -31.38M | -25.63M | -28.68M | -26.49M | -11.67M | -42.5M |
| additionalPaidInCapital | 29.12M | 29.12M | 28.42M | 27.2M | 27.2M | 27.2M | 27.16M | 26.9M | - | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -3.56M | 1.24M | 644K | 1.68M | -6.02M | 2.05M | -2.31M | -15.32M | 32.14M | -16.41M |
| depreciationAndAmortization | -620K | 210K | 205K | 205K | 291K | 348K | 371K | 374K | 348K | 343K |
| deferredIncomeTax | 134K | -127K | -63000 | 56000 | 1.48M | -1.68M | -666K | -1.24M | -488K | -149K |
| stockBasedCompensation | 278K | - | 293K | - | - | - | - | 12.75M | - | - |
| changeInWorkingCapital | 928K | 1.84M | -689K | 805K | -1.97M | -175K | 3.07M | 748K | -3.72M | -2.72M |
| accountsReceivables | -3.8M | 1.02M | -2.15M | 1.66M | -1.84M | 840K | 1.16M | 104K | -5.67M | -4.84M |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 2.95M | 286K | 37000 | -554K | 2.25M | 585K | 758K | 105K | -1.02M | 1.45M |
| otherWorkingCapital | 1.78M | 541K | 1.43M | -301K | -2.38M | -1.6M | 1.15M | 539K | 2.98M | 678K |
| otherNonCashItems | 4.85M | -796K | 635K | -1.37M | 7.08M | -2.61M | 1.46M | 970K | -32.6M | 17.57M |
| netCashProvidedByOperatingActivities | 2.01M | 2.37M | 1.02M | 1.37M | 864K | -2.08M | 1.92M | -1.72M | -4.32M | -1.36M |
| investmentsInPropertyPlantAndEquipment | -259K | 631K | -372K | -259K | -112K | -390K | -612K | -370K | -458K | -328K |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | -609K | 609K | - | -609K | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | 628K | -1.48M | 306K | - | 528K | 104K | 232K | -238K | -212K | 67000 |
| netCashProvidedByInvestingActivities | -240K | -244K | -66000 | -868K | 416K | -286K | -380K | -608K | -670K | -261K |
| netDebtIssuance | 1.36M | -1.34M | -1.02M | -1.15M | -187K | 1.14M | -1.92M | -53000 | 1.03M | -1.24M |
| longTermNetDebtIssuance | -46000 | 24000 | -247K | -38000 | -439K | -53000 | -227K | 113K | 236K | -1.72M |
| shortTermNetDebtIssuance | 1.4M | -1.36M | -769K | -1.11M | 252K | 1.2M | -1.69M | -166K | 797K | 478K |
| netStockIssuance | -573K | - | - | - | -724K | - | - | 4.68M | - | 8.67M |
| netCommonStockIssuance | -573K | - | - | - | -724K | - | - | 4.68M | - | 8.67M |
| commonStockIssuance | 7000 | - | - | - | - | - | - | 4.68M | - | 8.67M |
| commonStockRepurchased | -580K | - | - | - | -724K | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -100000 | -40000 | -164K | - | - | -51000 | -220K | -240K | -451K | -1.15M |
| netCashProvidedByFinancingActivities | 686K | -1.38M | -1.18M | -1.15M | -911K | 1.09M | -2.14M | 4.38M | 582K | 6.28M |