Aeries Technology, Inc (AERT)

Aeries Technology Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Net Income	-2.46	-21.6	17.26	1.71
Depreciation & Amortization	0.91	1.38	1.35	1.17
Stock-Based Compensation	0.29	12.75	1.63	3.81
Other Adjustments	-3.75	4.78	-16.01	-0.27
Change in Receivables	-1.32	0.26	-11.74	-6.12
Changes in Accounts Payable	2.02	3.7	-0.57	1.02
Changes in Accrued Expenses	-0.19	-0.58	0.32	0.9
Changes in Other Operating Activities	-0.51	-1.71	3.46	-0.74
Operating Cash Flow	5.63	-1.01	-4.3	2.11
Capital Expenditures	-0.98	-1.48	-1.52	-1.6
Sale of Property, Plant & Equipment	0.21	0.22	0.01	0.01
Purchases of Investments	-0.91	-	-	-
Proceeds from Sale of Investments	0.13	-	-	-
Other Investing Activities	0.13	0.41	-0.23	0.03
Investing Cash Flow	-0.76	-0.86	-1.74	-1.56
Short-Term Debt Issued	0.25	-0.41	2.55	1.18
Short-Term Debt Repaid	-3.43	-0.49	-1.95	-
Net Short-Term Debt Issued (Repaid)	-3.18	-0.9	0.6	1.18
Long-Term Debt Issued	0.3	1.51	0.88	0.37
Long-Term Debt Repaid	-0.7	-2.11	-0.78	-0.62
Net Long-Term Debt Issued (Repaid)	-0.41	-0.61	0.1	-0.25
Issuance of Common Stock	-	4.68	8.67	-
Repurchase of Common Stock	-	-0.72	-	-
Net Common Stock Issued (Repurchased)	-	3.95	8.67	-
Other Financing Activities	-0.04	-0.02	-2.31	-0.68
Financing Cash Flow	-4.61	2.43	7.06	0.25
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.07	0.12	-0.06	-0.03
Net Cash Flow	0.18	0.68	0.95	0.78
Free Cash Flow	4.65	-2.49	-5.82	0.51
FCF Margin	6.72%	-3.55%	-8.03%	0.96%
Levered Free Cash Flow	-5.26	-19.9	19.4	3.13
Unlevered Free Cash Flow	0.07	-26.1	5.74	2.19

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q