Aeries Technology, Inc (AERT)

Aeries Technology Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	72.14	72.51	53.1	41.01	38.55
Revenue Growth (YoY)	16.98%	36.55%	29.47%	6.39%	-
Cost of Revenue	52.19	50.87	39.44	29.01	33.74
Gross Profit	19.96	21.64	13.66	12.01	4.82
Selling, General & Admin	36.68	15.59	10.38	5.42	4.45
Operating Expenses	36.68	15.59	10.38	5.42	4.45
Operating Income	-16.72	6.05	3.28	6.58	0.36
Interest Expense	-0.55	-0.46	-0.19	-0.44	-0.44
Interest & Investment Income	0.31	0.28	0.19	0.28	0.43
Currency Exchange Gain (Loss)	0.02	0.02	0.39	0.07	-
Other Non Operating Income (Expenses)	17.58	16.31	0.04	-0.49	-0.01
EBT Excluding Unusual Items	0.64	22.19	3.71	6	0.35
Merger & Restructuring Charges	-3.07	-3.07	-0.95	-	-
Pretax Income	-2.43	19.13	2.77	6	0.35
Income Tax Expense	-0.64	1.87	1.06	1.27	0.84
Earnings From Continuing Operations	-1.79	17.26	1.71	4.74	-0.49
Minority Interest in Earnings	-0.81	-1.6	-0.26	-0.7	0.06
Net Income	-2.59	15.66	1.45	4.03	-0.43
Preferred Dividends & Other Adjustments	1.5	1.5	-	0.52	-
Net Income to Common	-4.1	14.15	1.45	3.52	-0.43
Net Income Growth	-	982.78%	-64.14%	-	-
Shares Outstanding (Basic)	28	16	-	-	-
Shares Outstanding (Diluted)	28	16	-	-	-
EPS (Basic)	-0.14	0.91	-	-	-
EPS (Diluted)	-0.14	0.91	-	-	-
Free Cash Flow	-7.25	-5.82	0.51	1.51	0.91
Free Cash Flow Per Share	-0.26	-0.37	-	-	-
Gross Margin	27.66%	29.85%	25.72%	29.28%	12.49%
Operating Margin	-23.18%	8.35%	6.17%	16.05%	0.94%
Profit Margin	-5.68%	19.52%	2.72%	8.58%	-1.12%
Free Cash Flow Margin	-10.05%	-8.03%	0.96%	3.68%	2.35%
EBITDA	-15.29	7.41	4.45	7.72	1.77
EBITDA Margin	-21.19%	10.21%	8.38%	18.83%	4.59%
D&A For EBITDA	1.44	1.35	1.17	1.14	1.41
EBIT	-16.72	6.05	3.28	6.58	0.36
EBIT Margin	-23.18%	8.35%	6.17%	16.05%	0.94%
Effective Tax Rate	-	9.78%	38.32%	21.12%	240.52%

Source: S&P Capital IQ. Standard template. Financial Sources.