Aeries Technology, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | $70.0M | $70.2M | $72.5M | $53.1M | — | — |
| Cost of Revenue | $52.7M | $53.5M | $50.9M | $39.4M | — | — |
| Gross Profit | $17.3M | $16.7M | $21.6M | $13.7M | — | — |
| Gross Margin | 24.7% | 23.8% | 29.8% | 25.7% | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $12.8M | $45.5M | $18.7M | $11.3M | — | — |
| Operating Income | $4.5M | $-28.8M | $3.0M | $2.3M | $-4.5M | $-279.2K |
| Operating Margin | 6.5% | -41.0% | 4.1% | 4.4% | — | — |
| Interest Expense | $463.0K | $751.0K | $462.0K | $185.0K | — | — |
| Pretax Income | $5.5M | $-22.7M | $19.1M | $2.8M | — | — |
| Income Tax Expense | $2.0M | $-1.1M | $1.9M | $1.1M | — | — |
| Net Income | $2.8M | $-21.6M | $17.3M | $1.7M | $9.8M | $-2.6M |
| Net Margin | 4.0% | -30.8% | 23.8% | 3.2% | — | — |
| EPS (Basic) | $0.05 | $-0.46 | $0.30 | — | — | — |
| EPS (Diluted) | $0.05 | $-0.46 | $0.30 | — | — | — |
| Shares Outstanding (Basic) | 48.3M | 43.1M | 46.6M | 30 | — | — |
| Shares Outstanding (Diluted) | 48.3M | 43.1M | 46.6M | 30 | — | — |
| Dividends Per Share | — | — | — | — | — | — |