secwatch.observer — SEC 8-K summary
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Issuer:     Aeries Technology, Inc. (AERT)
CIK:        0001853044
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001829126-24-001051
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aeries Technology Q3 FY2024 revenue up 49% to $18.9M; net loss $(16.3)M from SPAC-related charge
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- Revenue $18.9M, up 49% YoY vs $12.7M.
- Income from operations $0.7M, up 150% vs $0.3M.
- Net loss $(16.3)M compared to $(0.3)M loss; includes $16.4M non-cash SPAC Forward Purchase Agreement charge.
- Adjusted EBITDA $2.4M, flat vs prior year.
- Reaffirmed FY2024 guidance: revenue $95–105M, adjusted EBITDA $16–20M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853044/000182912624001051/0001829126-24-001051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853044/000182912624001051/aeriestech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-001051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer