See more : E-Lead Electronic Co., Ltd. (2497.TW) Income Statement Analysis – Financial Results
Complete financial analysis of Aeries Technology, Inc (AERT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Aeries Technology, Inc, a leading company in the Consulting Services industry within the Industrials sector.
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Aeries Technology, Inc (AERT)
About Aeries Technology, Inc
Aeries Technology, Inc. operates as a professional services and consulting partner in the United States and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. The company was founded in 2012 and is based in Orem, Utah.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 72.51M | 53.10M | 41.01M |
| Cost of Revenue | 50.87M | 39.44M | 29.01M |
| Gross Profit | 21.64M | 13.66M | 12.01M |
| Gross Profit Ratio | 29.85% | 25.72% | 29.28% |
| Research & Development | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 |
| SG&A | 18.65M | 11.33M | 5.42M |
| Other Expenses | 0.00 | 429.00K | -421.00K |
| Operating Expenses | 18.65M | 11.33M | 5.42M |
| Cost & Expenses | 69.52M | 50.77M | 34.43M |
| Interest Income | 275.00K | 191.00K | 284.00K |
| Interest Expense | 462.00K | 185.00K | 444.00K |
| Depreciation & Amortization | 1.75M | 1.17M | 1.14M |
| EBITDA | 21.34M | 4.12M | 7.59M |
| EBITDA Ratio | 29.43% | 7.76% | 18.50% |
| Operating Income | 2.99M | 2.33M | 6.58M |
| Operating Income Ratio | 4.12% | 4.39% | 16.05% |
| Total Other Income/Expenses | 16.14M | 435.00K | -581.00K |
| Income Before Tax | 19.13M | 2.77M | 6.00M |
| Income Before Tax Ratio | 26.38% | 5.21% | 14.64% |
| Income Tax Expense | 1.87M | 1.06M | 1.27M |
| Net Income | 15.66M | 1.45M | 4.03M |
| Net Income Ratio | 21.59% | 2.72% | 9.83% |
| EPS | 1.01 | 0.05 | 0.14 |
| EPS Diluted | 1.01 | 0.05 | 0.14 |
| Weighted Avg Shares Out | 15.53M | 28.75M | 28.75M |
| Weighted Avg Shares Out (Dil) | 15.53M | 28.75M | 28.75M |
Aeries Technology, Inc. Announces $5 Million PIPE
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...
Aeries Expands Mexico Operations with Strategic Hires, Leveraging Global Best Practices for Accelerated Digital Transformation
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...
Quickbase and Aeries Technology Enter Strategic Partnership to Enhance Global Technology and Innovation
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...
Aeries Technology to Attend the 36th Annual ROTH Conference
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...
Aeries Technology Reports Results for Third Fiscal Quarter 2024
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 Announces Earnings Release and Conference Call Date for Fiscal Third 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...
Confluence Opens up a Center of Excellence in Bangalore in Partnership with Aeries
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
Aeries Technology to Participate at the 26th Annual ICR Conference
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...
Aeries Technology Announces Restatement of Previously Issued Financial Statements
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...
Aeries Technology Announces Fiscal Second Quarter 2024 Earnings Call and Calendar Year 2024 Financial Outlook
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...
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