earnings
confidence high
sentiment negative
materiality 0.75
Aeries Technology expects FY2025 operating loss of ~$28.8M vs prior year income of $3.0M
Aeries Technology, Inc.
2026-Q1 EPS reported
$0.03
revenue$15,330,000
- Preliminary loss from operations of approximately $28.8M for year ended March 31, 2025.
- Prior year (2024) income from operations was $3.0M, a swing of ~$31.8M.
- SG&A expenses surged to $45.5M from $18.7M, driven by stock-based comp and bad debt.
- Filed Form 12b-25 indicating annual report on Form 10-K will be late.