Aeries Technology, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $2.8M | $-21.6M | $17.3M | $1.7M | $9.8M | $-2.6M |
| Depreciation & Amortization | $837.0K | $1.4M | $1.4M | $1.2M | — | — |
| Depreciation | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $293.0K | $12.7M | $1.6M | $3.8M | — | — |
| Net Cash from Operating Activities | $6.8M | $-1.0M | $-4.3M | $2.1M | $-446.6K | $-839.5K |
| Investing Activities | ||||||
| Capital Expenditures | $1.1M | $1.5M | $1.5M | $1.6M | — | — |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.4M | $-858.0K | $-1.7M | $-1.6M | $0 | $-232.3M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-3.0M | $2.4M | $7.1M | $252.0K | $-8.5K | $233.6M |
| Net Change in Cash | $2.1M | $680.0K | $953.0K | $780.0K | $-455.1K | $503.2K |
| Free Cash Flow | $5.7M | $-2.5M | $-5.8M | $511.0K | — | — |