Aeries Technology Inc

Earnings data Q3 2024

Earnings data Q3 2023

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q1 2024

Aeries Technology Inc reports Q1 growth, faces profitability challenges

Aeries Technology Inc's Q1 2025 performance showed steady revenue growth but a decline in adjusted EBITDA due to investments in long-term initiatives.
The company's strengths include strategic market focus, global expansion, and a commitment to innovation, while challenges include operational losses and profitability concerns.
Opportunities for Aeries Technology Inc lie in leveraging technology, expanding in key markets, and improving cost efficiency to drive future growth and profitability.

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Aeries Technology Inc. engages in the provision of management consultancy services for private equity sponsors and their portfolio companies. It specializes in technology services and solutions, business process management, and digital transformation initiatives. The company was founded by Raman Kumar and Sudhir Panikasser in 2012 is headquartered in Singapore.

North America Revenue Up 13.3% Year-Over-Year Business Re-Focused on Core North American Global Capability Center (GCC) Market NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal quarter ended September 30, 2024. “We are taking significant steps, including continued alignment of our cost structure, to re-focus on our core business, which consists mostly of US-based, long tenure, high quality private equity backed portfolio companies.

Aeries Technology Reports Results for Second Fiscal Quarter 2025

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (Nasdaq: AERT) (the “Company”), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced that it has received written notice from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC informing the Company that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding periodic reporting.

Aeries Technology Regains Compliance with Nasdaq Listing Standards

Revenues for the first fiscal quarter of 2025 were $16.7 million, up approximately 2% year-over-year Revenues for the first fiscal quarter of 2025 were $16.7 million, up approximately 2% year-over-year

Aeries Technology Reports Results for First Fiscal Quarter 2025

Revenues for the full fiscal year 2024 were $72.5 million, up approximately 37% year-over-year Revenues for the full fiscal year 2024 were $72.5 million, up approximately 37% year-over-year

Aeries Technology Reports Results for the Full Fiscal Year 2024

NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries Technology” or “the Company”) (Nasdaq: AERT), a global professional services and technology consulting partner, today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on September 5, 2024 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Fiscal 2025 First Quarter Form 10-Q”) as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the "SEC") on August 15, 2024, and for remaining delinquent in filing its Annual Report on Form 10-K for the year ended March 31, 2024 (the “Fiscal 2024 Form 10-K”). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.

Aeries Technology Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and consulting partner, today announced that Daniel Webb, Chief Investment Officer, will present at the H.C. Wainwright 26th Annual Global Investment Conference. The on-demand presentation will be available to conference participants on September 9, 2024 at 7 AM ET through the conference portal.

Aeries Technology to Present at the H.C. Wainwright 26th Annual Global Investment Conference

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and consulting partner, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA.

Aeries Technology to Present at the 2024 Gateway Conference on September 5 at 8:30 a.m. PST

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and technology consulting partner, today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on July 31, 2024 ( the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Annual Report on Form 10-K for the year ended March 31, 2024 (the “Fiscal 2024 Form 10-K”) as described more fully in the Company's Form 12b-25 Notification of Late Filing (the “Form 12b-25”) filed with the Securities and Exchange Commission (the "SEC") on July 1, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.

Aeries Technology Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

Establishes New Engineering Team Specializing in Data Analytics and Integrations Establishes New Engineering Team Specializing in Data Analytics and Integrations

Victory Live Partners with Aeries Technology to Establish Global Capability Center in Hyderabad, India

NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and consulting partner, today announced that it has entered into a Subscription Agreement totaling $5 million at a purchase price of $2.21 per share in a private placement.

Aeries Technology, Inc. Announces $5 Million PIPE

GUADALAJARA, Mexico, March 25, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and consulting partner, today announced the remarkable progress of its Mexico operations. Since launching in 2022, Aeries has rapidly expanded its presence, now serving esteemed clients and strategically enhancing its Mexico leadership team to support this dynamic growth. This strategic development is part of Aeries' commitment to deliver industry-leading technical expertise to drive digital transformation by leveraging technology solutions for businesses while serving as global research & development hubs and innovation drivers for its customers. Aeries expects to expand its already considerable footprint by up to 50% by the end of 2024.

Aeries Expands Mexico Operations with Strategic Hires, Leveraging Global Best Practices for Accelerated Digital Transformation

BANGALORE, India, March 12, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (Nasdaq: AERT), a global professional services and consulting partner, today announced a new strategic partnership with Quickbase, a prominent, dynamic work management platform. This collaboration marks a significant milestone in Quickbase's strategy to harness world-class talent and provide top-tier technical expertise to its customers, positioning Quickbase as a global driver of technology and innovation.

Quickbase and Aeries Technology Enter Strategic Partnership to Enhance Global Technology and Innovation

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and consulting partner, announced today that Daniel Webb, Chief Investment Officer is scheduled to attend the 36th Annual ROTH Conference to be held at the Ritz Carlton in Laguna Niguel, California, on March 17-19, 2024.

Aeries Technology to Attend the 36th Annual ROTH Conference

Aeries Technology, Inc (AERT) Q3 2024 Earnings Call Transcript

Revenues for the third fiscal quarter of 2024 were $18.9 million, up 49% compared with the same period in 2023 Revenues for the third fiscal quarter of 2024 were $18.9 million, up 49% compared with the same period in 2023

Aeries Technology Reports Results for Third Fiscal Quarter 2024

NEW YORK, Feb. 17, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner, today announced that the company will host a conference call to discuss their financial results on Thursday, February 22, 2024 at 8:00 AM ET.

Aeries Technology Announces Earnings Release and Conference Call Date for Fiscal Third Quarter 2024

Aeries to Bring Additional Scale and Efficiencies to Confluence's Business Functions and Client Experience Teams Aeries to Bring Additional Scale and Efficiencies to Confluence's Business Functions and Client Experience Teams

Confluence Opens up a Center of Excellence in Bangalore in Partnership with Aeries

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and consulting partner, announced today that Daniel Webb, Chief Investment Officer, is scheduled to participate at the upcoming 26th Annual ICR Conference in Orlando, Florida. Mr. Webb is scheduled to participate in one-on-one investor meetings from January 8-10, 2024 and will give a presentation on Monday, January 8, 2024 at 4:30pm ET.

Aeries Technology to Participate at the 26th Annual ICR Conference

NEW YORK, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (Nasdaq: AERT) (the “Company” or “Aeries Technology”), a global professional services and consulting partner, today filed an amendment to a Current Report on Form 8-K that has restated financial statements of its subsidiary, AARK Singapore Pte. Ltd. ("AARK"). AARK restated its financial statements due to a stock split that caused a change in the number of shares outstanding at AARK, and therefore the earnings per share of AARK. The stock split and resultant change in earnings per share are the only changes to the financial statements of AARK as a result of the restatement.

Aeries Technology Announces Restatement of Previously Issued Financial Statements

NEW YORK--(BUSINESS WIRE)--Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner, today announced that the company will host a conference call to discuss its fiscal second quarter 2024 financial results on Wednesday, December 13, 2023, at 8:00 am ET. A press release disclosing these results can be found here. The call will be accessible by telephone at 877-407-0792 (domestic) or 201-689-8263 (international). The call will also be available live via webcast on t.

Aeries Technology Announces Fiscal Second Quarter 2024 Earnings Call and Calendar Year 2024 Financial Outlook

Revenues for the second fiscal quarter of 2024 were $17.6 million, up 38% year-over-year Adjusted EBITDA for the second fiscal quarter of 2024 was $2.9 million, up 107% year-over-year NEW YORK, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner, today reported results of Aark Singapore Pte. Ltd. for the second fiscal quarter and first fiscal half 2024 ended September 30, 2023.

Aeries Technology Reports Results for Second Fiscal Quarter and First Fiscal Half 2024

NEW YORK--(BUSINESS WIRE)--Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and consulting partner, today announced the appointment of Rajeev Nair to the position of Chief Financial Officer, and Daniel Webb to the position of Chief Investment Officer. “I am thrilled to welcome both Rajeev and Daniel to the Aeries family,” said Sudhir Panikassery, Chief Executive Officer and Co-Founder of Aeries. “With track records in a variety of leadership rol.

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