AG真人官方

Operational Discipline, Focus on Core Offerings, and AI-Enabled GCC Delivery Help to Drive Sustainable, Profitable Growth

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- , Inc. (鈥淎eries鈥� or 鈥渢he Company鈥�) (Nasdaq: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for the first quarter ended June 30, 2025 鈥� the strongest first quarter in Company history, delivering positive operating cash flow and a $17.0 million year-over-year improvement in net income.

For the quarter ended June 30, 2025, Aeries reported:

• Revenue: $15.3 million, driven entirely by strong demand for our core AI-powered GCC services.
• SG&A Expenses: Reduced by more than 85% year-over-year, helping to create a leaner, scalable cost base.
• Operating Profit: $0.8 million, up $17.2 million year-over-year.
• EBITDA: $2.3 million; Adjusted EBITDA听辞蹿 $1.0 million
• Net Income: $1.7 million, compared to a $15.3 million net loss in Q1 FY2025 鈥� a $17.0 million improvement.
• Cash Flow from Operations: $1.4 million, reversing negative cash flow, as compared to the first quarter of FY2025.

鈥淐ash flow positivity and delivering our strongest start to a fiscal year is a major milestone for Aeries,鈥� said Ajay Khare, Chief Executive Officer. 鈥淭hese results are the outcome of a deliberate transformation 鈥� we streamlined operations, strengthened cost controls, and focused on the core offerings. This discipline has helped to drive profitability and reinforced our ability to deliver measurable results for clients.鈥�

Aeries鈥� AI-first GCC model enables clients to achieve speed, scale, and efficiency beyond what traditional approaches can deliver. The Company has deployed AI solutions designed to cut process times by more than half, improve productivity, and deliver measurable ROI in weeks. This competitive advantage continues to attract and retain Private Equity-backed companies seeking transformation partners with proven execution capabilities.

鈥淥ur deep integration with PE operating teams allows us to more quickly scale across portfolios, embed automation into mission-critical functions, and create sustainable enterprise value,鈥� Ajay added. 鈥淲e now have the combination of a higher-cash-flow operating model, and a differentiated market position built on AI leadership and trusted PE relationships 鈥� better positioning Aeries for profitable growth and scalable execution.鈥�

Fixing the Fundamentals to Drive Sustainable Growth

Over the past few months, in connection with our leadership changes, Aeries transformed its operating model to produce sustainable profitability and growth:

• Exited non-core operations to concentrate on high-value GCC and AI-powered transformation services.
• Increased focus on PE-owned business and GCCs, resulting in multiple new client wins.
• Strengthened leadership team and aligned skill sets to core offerings.
• Integrated nearshore (Mexico) and offshore (India) delivery to improve speed, cost efficiency, scalability and innovation.
• Optimized project governance and delivery to protect margins and accelerate client outcomes.
• Reduced non-recurring costs and implemented stronger expense controls.

鈥淭his quarter鈥檚 results reflect disciplined execution and structural changes,鈥� said Daniel Webb, Chief Financial Officer & Chief Investment Officer. 鈥淲e now have a business model where incremental revenue growth can translate directly into net income and cash flow, giving us flexibility to reinvest in innovation, scale, and client success.鈥�

Market Impact Through AI and Automation
Aeries continued to deliver measurable client value through its AI-led GCC solutions. Key initiatives, including the 1GCC Automation platform, AeriesOne AI Value Engine, and partnerships within the Aeries AI Partner Network, have enhanced operational efficiency, accelerated implementation timelines, and strengthened client security across multiple engagements.

Private Equity Partnerships Driving Growth

Aeries strengthened its position as the go-to partner for value creation, GCC and AI transformation for Private Equities and Portfolio companies by adding several new clients across multiple sectors, expanding existing relationships into multi-region, multi-workstream engagements, and embedding AI-enabled GCC services as a recurring operational capability for PE partners.

Fiscal 2026 Outlook:

Aeries reaffirmed its full-year FY2026 guidance:

• Revenue: $74 million 鈥� $80 million.
• Adjusted EBITDA: $6 million 鈥� $8 million.

鈥淲e鈥檝e proven that disciplined execution can deliver both growth and profitability,鈥� added Ajay Khare. 鈥淲ith a cash-flow-positive quarter, advanced AI capabilities, and deep PE partnerships, we are better positioned to deliver the strongest financial year in Aeries鈥� history.鈥�

Conference Call Details
The company will host a conference call to discuss its financial results on听August 14, 2025,听at听9:00 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鈥檚 investor relations website at听

About听Aeries Technology
Aeries Technology听(NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, supporting scalable, technology-driven execution. Founded in 2012, its commitment to workforce development has earned it the听Great Place听to Work Certification for two consecutive years.

Non-GAAP Financial Measures
The Company uses non-GAAP financial information and believes it is useful to investors as it provides additional information to facilitate comparisons of historical operating results, identify trends in its underlying operating results and provide additional insight and transparency on how it evaluates the business. The Company uses non-GAAP financial measures to budget, make operating and strategic decisions, and evaluate its performance. The Company has detailed the non-GAAP adjustments that it makes in the non-GAAP definitions below. The adjustments generally fall within the categories of non-cash items. The Company believes the non-GAAP measures presented herein should always be considered along with, and not as a substitute for or superior to, the related GAAP financial measures. In addition, similarly titled items used by other companies may not be comparable due to variations in how they are calculated and how terms are defined. For further information, see 鈥淩econciliation of Non鈥擥AAP Financial Measures鈥� below, including the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures.

The Company defines Adjusted EBITDA as net income from operations before interest, income taxes, depreciation and amortization, further adjusted to exclude stock-based compensation, M&A transaction-related costs, and changes in fair value of derivative liabilities.

Adjusted EBITDA is a key performance indicator the company uses in evaluating our operating performance and in making financial, operating, and planning decisions. The Company believes this measure is useful to investors in the evaluation of Aeries鈥� operating performance as such information was used by the Company鈥檚 management for internal reporting and planning procedures, including aspects of our consolidated operating budget and capital expenditures. Some of the limitations of Adjusted EBITDA include: each of these measures does not reflect (i) our cash expenditures or future requirements for capital expenditures or contractual commitments or foreign exchange gain/loss; (ii) changes in, or cash requirements for, working capital; (iii) significant interest expense or the cash requirements necessary to service interest or principal payments on our outstanding debt; (iv) payments made or future requirements for income taxes; (v) cash requirements for future replacement or payment in depreciated or amortized assets; (vi) stock based compensation costs, (vii) Business Combination and M&A transaction related costs, which represent non-recurring legal, professional, personnel and other fees and expenses incurred in connection with potential mergers and acquisitions related activities for the period ended June听30, 2025, and Business Combination related costs for the year ended related June听30, 2024, and (viii) change in fair value of derivative liabilities.

Forward-Looking Statements
All statements in this release that are not based on historical fact are 鈥渇orward-looking statements鈥� within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section听27A of the Securities Act of 1933, as amended, and Section听21E of the Securities Exchange Act of 1934, as amended. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渃ontinue,鈥� 鈥渃ould,鈥� 鈥渆stimate鈥�, 鈥渆xpect鈥�, 鈥渉ope鈥�, 鈥渋ntend鈥�, 鈥渕ay鈥�, 鈥渕ight鈥�, 鈥渟hould鈥�, 鈥渨ould鈥�, 鈥渨ill鈥�, 鈥渦nderstand鈥� and similar words are intended to identify forward looking statements. These forward-looking statements include but are not limited to, statements regarding our future operating results, outlook, guidance and financial position, our business strategy and plans, our objectives for future operations, potential acquisitions and macroeconomic trends. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Aeries and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, our ability to continue as a going concern; changes in the business, market, financial, political and legal conditions in听India,听Singapore,听the United States,听Mexico, the听Cayman Islands听and other countries, including developments with respect to inflation, interest rates and the global supply chain, including with respect to economic and geopolitical uncertainty in many markets around the world, the potential of decelerating global economic growth and increased volatility in foreign currency exchange rates; the potential for our business development efforts to maximize our potential value; the ability to maintain the listing of our Class A ordinary shares and our public warrants on Nasdaq, and the potential liquidity and trading of our securities; changes in applicable laws or regulations and other regulatory developments in听the United States,听India,听Singapore,听Mexico, the听Cayman Islands听and other countries; our ability to develop and maintain effective internal controls, including our ability to remediate the material weakness in our internal controls over financial reporting; our success in retaining or recruiting, or changes required in, our officers, key employees or directors; our financial performance; our ability to make acquisitions, divestments or form joint ventures or otherwise make investments and the ability to successfully complete such transactions and integrate with our business; the period over which we anticipate our existing cash and cash equivalents will be sufficient to fund our operating expenses and capital expenditure requirements; the conflicts between听Russia听and听Ukraine, and听Israel听and听Hamas, and any restrictive actions that have been or may be taken by the听U.S.听and/or other countries in response thereto, such as sanctions or export controls; risks related to cybersecurity and data privacy; the impact of inflation; the impact of the COVID-19 pandemic and other similar pandemics and disruptions in the future; and the fluctuation of economic conditions, global conflicts, inflation and other global events on Aeries鈥� results of operations and global supply chain constraints. Further information on risks, uncertainties and other factors that could affect our financial results are included in Aeries鈥� periodic and current reports filed with the听U.S. Securities and Exchange Commission. Furthermore, Aeries operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Aeries disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.

Contact

The accompanying notes are an integral part of these condensed consolidated financial statements.

The accompanying notes are an integral part of these condensed consolidated financial statements.

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.