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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	70.85	72.51	53.1	41.01	38.55
Revenue Growth (YoY)	4.38%	36.55%	29.47%	6.39%	-
Cost of Revenue	52.9	50.87	39.44	29.01	33.74
Gross Profit	17.95	21.64	13.66	12.01	4.82
Selling, General & Admin	40.57	15.59	10.38	5.42	4.45
Operating Expenses	40.57	15.59	10.38	5.42	4.45
Operating Income	-22.61	6.05	3.28	6.58	0.36
Interest Expense	-0.66	-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)	39.93	16.31	0.04	-0.49	-0.01
EBT Excluding Unusual Items	16.99	22.19	3.71	6	0.35
Merger & Restructuring Charges	-3.07	-3.07	-0.95	-	-
Pretax Income	13.92	19.13	2.77	6	0.35
Income Tax Expense	-2.64	1.87	1.06	1.27	0.84
Earnings From Continuing Operations	16.56	17.26	1.71	4.74	-0.49
Minority Interest in Earnings	0.31	-1.6	-0.26	-0.7	0.06
Net Income	16.87	15.66	1.45	4.03	-0.43
Preferred Dividends & Other Adjustments	0.05	1.5	-	0.52	-
Net Income to Common	16.82	14.15	1.45	3.52	-0.43
Net Income Growth	-	982.78%	-64.14%	-	-
Shares Outstanding (Basic)	36	16	-	-	-
Shares Outstanding (Diluted)	36	16	-	-	-
EPS (Basic)	0.47	0.91	-	-	-
EPS (Diluted)	0.47	0.91	-	-	-
Free Cash Flow	-8.03	-5.82	0.51	1.51	0.91
Free Cash Flow Per Share	-0.22	-0.37	-	-	-
Gross Margin	25.34%	29.85%	25.72%	29.28%	12.49%
Operating Margin	-31.92%	8.35%	6.17%	16.05%	0.94%
Profit Margin	23.74%	19.52%	2.72%	8.58%	-1.12%
Free Cash Flow Margin	-11.33%	-8.03%	0.96%	3.68%	2.35%
EBITDA	-21.17	7.41	4.45	7.72	1.77
EBITDA Margin	-29.88%	10.21%	8.38%	18.83%	4.59%
D&A For EBITDA	1.44	1.35	1.17	1.14	1.41
EBIT	-22.61	6.05	3.28	6.58	0.36
EBIT Margin	-31.92%	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.