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Beats Core Adjusted EBITDA Guidance, North America Revenue Up 15% Year-Over-Year.
New York, New York–(Newsfile Corp. – July 2, 2025) – Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or “the Company”), a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity (PE) portfolio companies, today announced financial results for the fiscal year ended March 31, 2025.
As previously communicated, Aeries will discontinue reporting Core Adjusted EBITDA as a financial metric beginning in FY2026. With the company now fully focused on core operations, Adjusted EBITDA and GAAP results will continue to be reported to provide information on the Company’s operating performance.
Ajay Khare, Chief Executive Officer of Aeries, commented, “We began the year forecasting $6-7 million in Core Adjusted EBITDA and ended at $7.4 million, a 365% increase over the previous year, and above the guidance we provided. FY2025 was a defining year for Aeries. We exited non-core geographies -including the Middle East- and fully realigned around our core North American market, where our revenue grew 15% year-over-year to $65.5 million. We strengthened cost controls, sharpened our focus on Global Capability Centers and deepened our engagement with PE-backed businesses in North America. With over 13 years of GCC leadership and a growing portfolio of AI-driven transformation engagements, we enter FY2026 with momentum, clarity, and a scalable platform for growth.”
Fiscal Year Ended March 31, 2025 (Fiscal Year 2025) Financial Highlights
Revenues: Revenues for fiscal year 2025 were $70.2 million, down 3.2% compared to $72.5 million for the fiscal year 2024.
Income/(Loss) from Operations: Income from operations for fiscal year 2025 was $(28.8) million, compared to $3.0 million for fiscal year 2024.
Net Income/(Loss): Net loss for fiscal year 2025 was $(21.6) million, compared to net income of $17.3 million for fiscal year 2024.
Adjusted EBITDA: Adjusted EBITDA for fiscal year 2025 was $(4.7) million, compared to $9.2 million for fiscal year 2024.
Core adjusted EBITDA: Core adjusted EBITDA for fiscal year 2025 was $7.4 million, compared to $ 1.6 million for fiscal year 2024.
Financial Outlook
The Company is reiterating its stated guidance for fiscal year 2026:
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Revenue between $74 million and $80 million
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Adjusted EBITDA between $6 million and $8 million
Conference Call Details
The company will host a conference call to discuss its financial results on Thursday, July 3, 2025, at 8 AM ET. The call will be accessible by telephone at 1-877-407-0792 (domestic) or 1-201-689-8263 (international). The call transcript will also be available on the company’s investor relations website at https://ir.aeriestechnology.com
