Aeries Technology, Inc.
AERT· Nasdaq, Nasdaq· Services-Management Consulting Services
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 8.1%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- –
We record prices for the companies we cover; AERT is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 48.3M
- Revenue
- $70.0M
- Free cash flow
- $5.7M
- Owner earnings
- $5.4M
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 24.7%
- Operating
- 6.5%
- Net
- 4.0%
- Free cash flow
- 8.1%
- Owner earnings
- 7.7%
- Stock pay
- 0.4%
Returns
- ROIC, FY2026
- –
- ROIC, 5 yr avg
- –
- ROE, FY2026
- –
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 9.7%
- Revenue, 5 yr
- –
- Revenue, 4 yr
- –
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 4 yr
- –
- Free cash flow, 3 yr
- 122.9%
- Free cash flow, 5 yr
- –
- Free cash flow, 4 yr
- –
Financial health · FY2026
- Cash and investments
- $4.9M
- Total debt
- $6.0M
- Net debt
- $1.2M
- Debt/Equity
- –
- Debt/FCF
- 1.1x
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- –
Financials: ten years from the 10-Ks
Revenue
$70.0M
+9.7% a year over 4 years
FY2022FY2026
Margins
Gross24.7%Operating6.5%Net4.0%
FY2026
FY2022FY2026
Free cash flow and owner earnings
Free cash flow$5.7MOwner earnings$5.4M
Free cash flow +122.9% a year
FY2022FY2026
Diluted shares
48.3M
+211.2% over 4 years, net dilution
FY2022FY2026
Return on invested capital
–
FY2026
FY2022FY2026
Net debt (below zero)
-$1.2M
$1.2M more debt than cash
FY2022FY2026
Every figure, year by year
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| The business | |||||
| Revenue | – | $53.1M | $72.5M | $70.2M | $70.0M |
| Revenue growth | – | – | 36.6% | -3.2% | -0.3% |
| Gross margin | – | 25.7% | 29.8% | 23.8% | 24.7% |
| Operating margin | – | 4.4% | 4.1% | -41.0% | 6.5% |
| Net income | $9.8M | $1.7M | – | – | $2.8M |
| Net margin | – | 3.2% | – | – | 4.0% |
| Diluted EPS | – | – | $0.91 | $-0.46 | $0.05 |
| Return on invested capital? | – | 10.0% | – | – | – |
| Cash | |||||
| Operating cash flow | -$446.6K | $2.1M | -$4.3M | -$1.0M | $6.8M |
| Capital expenditure | – | $1.6M | $1.5M | $1.5M | $1.1M |
| Free cash flow | – | $511.0K | -$5.8M | -$2.5M | $5.7M |
| Stock-based compensation | – | $3.8M | $1.6M | $12.7M | $293.0K |
| Owner earnings? | – | -$3.3M | -$7.4M | -$15.2M | $5.4M |
| Free cash flow per share | – | – | $-0.37 | $-0.06 | $0.12 |
| Capital allocation | |||||
| Dividends paid | – | – | – | – | – |
| Share repurchases | – | – | – | – | – |
| Diluted shares | – | – | 15.5M | 43.1M | 48.3M |
| Share count change? | – | – | – | 177.4% | 12.2% |
| Balance sheet | |||||
| Cash and equivalents | $48.1K | $1.1M | $2.1M | $2.8M | $4.9M |
| Short-term investments | – | – | – | – | – |
| Total debt | – | $3.3M | $9.7M | $8.7M | $6.0M |
| Net debt | – | $2.2M | $7.6M | $5.9M | $1.2M |
| Shareholders' equity | -$4.5M | $12.2M | -$12.2M | -$5.8M | -$3.0M |
Latest filings
| 2026-08-10 | 8-K | Earnings release |
| 2026-08-10 | 10-Q | Quarterly report |
| 2026-06-08 | 8-K | Earnings release |
| 2026-06-08 | 10-K | Annual report |
| 2026-02-09 | 8-K | Earnings release |
| 2026-02-09 | 10-Q | Quarterly report |
| 2026-02-06 | DEF 14A | Proxy statement |
| 2025-11-10 | 8-K | Earnings release |
| 2025-11-10 | 10-Q | Quarterly report |
| 2025-08-14 | 8-K | Earnings release |
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