Aeries Technology (Nasdaq: AERT) reported financial results for the first fiscal quarter of 2025 ended June 30, 2024. Revenues increased by 2% year-over-year to $16.7 million, compared to $16.3 million in Q1 2024. However, the company experienced a significant downturn in profitability:
– Income from operations decreased to $(16.4) million, down from $0.8 million in Q1 2024
– Net loss was $(15.3) million, compared to a net income of $0.5 million in Q1 2024
– Adjusted EBITDA fell to $0.4 million from $2.9 million in Q1 2024
CEO Sudhir Panikassery attributed these results to investments in growth strategies, expecting long-term benefits despite short-term impact. The company is focusing on accelerating its return to high profitability through operational initiatives.
Aeries Technology (Nasdaq: AERT) ha riportato i risultati finanziari per il primo trimestre fiscale del 2025 terminato il 30 giugno 2024. I ricavi sono aumentati del 2% rispetto all’anno precedente, raggiungendo i 16,7 milioni di dollari, rispetto ai 16,3 milioni di dollari del Q1 2024. Tuttavia, l’azienda ha registrato un notevole calo della redditività:
– Il reddito operativo è diminuito a $(16,4) milioni, in calo rispetto a $0,8 milioni nel Q1 2024
– La perdita netta è stata $(15,3) milioni, rispetto a un reddito netto di $0,5 milioni nel Q1 2024
– L’EBITDA rettificato è sceso a $0,4 milioni da $2,9 milioni nel Q1 2024
Il CEO Sudhir Panikassery ha attribuito questi risultati agli investimenti in strategie di crescita, prevedendo benefici a lungo termine nonostante l’impatto a breve termine. L’azienda si sta concentrando sull’accelerare il ritorno a una elevata redditività attraverso iniziative operative.
Aeries Technology (Nasdaq: AERT) reportó los resultados financieros para el primer trimestre fiscal de 2025, finalizado el 30 de junio de 2024. Los ingresos aumentaron un 2% interanual, alcanzando los 16.7 millones de dólares, en comparación con los 16.3 millones de dólares en el Q1 2024. Sin embargo, la compañía experimentó una caída significativa en la rentabilidad:
– El ingreso operativo disminuyó a $(16.4) millones, cayendo desde $0.8 millones en el Q1 2024
– La pérdida neta fue de $(15.3) millones, en comparación con un ingreso neto de $0.5 millones en el Q1 2024
– El EBITDA ajustado cayó a $0.4 millones desde $2.9 millones en el Q1 2024
El CEO Sudhir Panikassery atribuyó estos resultados a inversiones en estrategias de crecimiento, esperando beneficios a largo plazo a pesar del impacto a corto plazo. La empresa se está enfocando en acelerar su regreso a una alta rentabilidad a través de iniciativas operativas.
Aeries Technology (Nasdaq: AERT)는 2024년 6월 30일 기준으로 종료된 2025 회계연도 첫 분기 금융 결과를 보고했습니다. 수익은 전년 대비 2% 증가하여 1,670만 달러에 달했습니다, 2024년 1분기의 1,630만 달러에 비해 증가한 수치입니다. 그러나 회사는 수익성 측면에서 상당한 하락을 경험했습니다:
– 영업 수익은 $(1640만)으로 감소했으며, 이는 2024년 1분기의 80만 달러에서 하락한 것입니다.
– 순손실은 $(1530만)으로, 2024년 1분기의 순이익 50만 달러와 비교됩니다.
– 조정된 EBITDA는 2024년 1분기의 290만 달러에서 40만 달러로 떨어졌습니다.
CEO Sudhir Panikassery는 이러한 결과를 성장 전략에 대한 투자 탓으로 돌리며, 단기적인 영향을 넘어 장기적인 이점을 기대하고 있습니다. 회사는 운영 이니셔티브를 통해 높은 수익성으로의 회복 가속화에 집중하고 있습니다.
Aeries Technology (Nasdaq: AERT) a publié ses résultats financiers pour le premier trimestre fiscal de 2025, clos le 30 juin 2024. Les revenus ont augmenté de 2 % par rapport à l’année précédente, atteignant 16,7 millions de dollars, contre 16,3 millions de dollars au Q1 2024. Cependant, l’entreprise a connu un important recul de sa rentabilité :
– Le revenu d’exploitation a diminué à $(16,4) millions, contre 0,8 million de dollars au Q1 2024
– La perte nette était de $(15,3) millions, contre un revenu net de 0,5 million de dollars au Q1 2024
– L’EBITDA ajusté est tombé à $0,4 millions depuis 2,9 millions de dollars au Q1 2024
Le PDG Sudhir Panikassery a attribué ces résultats à des investissements dans des stratégies de croissance, s’attendant à des bénéfices à long terme malgré un impact à court terme. L’entreprise se concentre sur l’accélération de son retour à une forte rentabilité grâce à des initiatives opérationnelles.
Aeries Technology (Nasdaq: AERT) hat die finanziellen Ergebnisse für das erste Geschäftsquartal 2025, das am 30. Juni 2024 endete, veröffentlicht. Die Einnahmen stiegen im Jahresvergleich um 2 % auf 16,7 Millionen Dollar, verglichen mit 16,3 Millionen Dollar im Q1 2024. Das Unternehmen erlebte jedoch einen erheblichen Rückgang der Rentabilität:
– Das Betriebsergebnis fiel auf $(16,4) Millionen, im Vergleich zu 0,8 Millionen Dollar im Q1 2024
– Der Nettoverlust betrug $(15,3) Millionen, im Vergleich zu einem Nettoergebnis von 0,5 Millionen Dollar im Q1 2024
– Das bereinigte EBITDA fiel auf $0,4 Millionen von 2,9 Millionen Dollar im Q1 2024
CEO Sudhir Panikassery führte diese Ergebnisse auf Investitionen in Wachstumsstrategien zurück und erwartet trotz kurzfristiger Auswirkungen langfristige Vorteile. Das Unternehmen konzentriert sich darauf, seine Rückkehr zur hohen Rentabilität durch betriebliche Initiativen zu beschleunigen.
Positive
- Revenue increased by 2% year-over-year to $16.7 million
- Investments in growth strategies expected to yield long-term benefits
- Operational initiatives underway to accelerate return to high profitability
Negative
- Income from operations decreased to $(16.4) million from $0.8 million in Q1 2024
- Net loss of $(15.3) million compared to net income of $0.5 million in Q1 2024
- Adjusted EBITDA fell to $0.4 million from $2.9 million in Q1 2024
Insights
Aeries Technology’s Q1 2025 results present a mixed picture. While revenue grew
The substantial increase in expenses, likely due to “investments in ongoing growth strategies,” has severely impacted profitability. Adjusted EBITDA fell sharply from
The company’s ability to manage costs while pursuing growth will be crucial. Investors should closely monitor upcoming quarters for signs of operational improvements and a clear path to profitability.
The modest
- Saturation in current markets
- Increased competition
- Difficulty in winning new clients or expanding services with existing ones
The significant investments mentioned by the CEO imply a strategic shift, possibly into new service areas or technologies. While this could position the company for future growth, it’s creating short-term financial strain. The market will likely react cautiously to these results, given the lack of immediate return on these investments and the unclear timeline for realizing benefits.
Investors should look for more details on these growth strategies and their expected impact on future quarters. The company’s ability to articulate a clear roadmap for returning to profitability will be important for maintaining investor confidence.
Revenues for the first fiscal quarter of 2025 were
NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) — Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal quarter ended June 30, 2024.
“Our results for the quarter reflect the impact of investments in ongoing growth strategies which should yield long term benefits. While we expect the next few quarters to reflect the focus on our strategies, we are confident regarding the resultant business growth and the costs realigning to an optimum level required for sustaining a growth-oriented business. We are, in parallel, focused on accelerating our return to high profitability with a number of operational initiatives completed and underway that will achieve that goal,” said Sudhir Panikassery, CEO of Aeries Technology.
Fiscal Quarter Ended June 30, 2024 (First Fiscal Quarter 2025) Financial Highlights
Revenues: Revenues for the first fiscal quarter 2025 were
Income from Operations: Income from operations for the first fiscal quarter 2025 was
Net Income (Loss): Net loss for the first fiscal quarter 2025 was
Adjusted EBITDA: Adjusted EBITDA for the first fiscal quarter 2025 was
Conference Call Details
The company will host a conference call to discuss their financial results on Wednesday, October 16, 2024 at 8:30 AM ET. The call will be accessible by telephone at 1-877-407-0792 (domestic) or 1-201-689-8263 (international). The call will also be available live via webcast on the company’s investor relations website at https://ir.aeriestechnology.com or directly here.
A telephone replay of the conference call will be available following its conclusion at 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with access code 13749658 and will be available until 11:59 PM ET, October 23, 2024. An archive of the webcast will also be available on the company’s investor relations website at https://ir.aeriestechnology.com.
About Aeries Technology
Aeries Technology (Nasdaq: AERT) is a global professional services and consulting partner for businesses in transformation mode and their stakeholders, including private equity sponsors and their portfolio companies, with customized engagement models that are designed to provide the right mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client’s business operations. Founded in 2012, Aeries Technology now has over 1,700 professionals specializing in Technology Services and Solutions, Business Process Management, and Digital Transformation initiatives, geared towards providing tailored solutions to drive business success. Aeries Technology’s approach to staffing and developing its workforce has earned it the Great Place to Work Certification.
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 “Reconciliation of Non—GAAP Financial Measures” 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 adjusted to exclude stock-based compensation and business combination related costs. Adjusted EBITDA is one of the key performance indicators the company uses in evaluating our operating performance and in making financial, operating, and planning decisions. The Company believes adjusted EBITDA is useful to investors in the evaluation of Aeries’ operating performance as such information was used by the Company’s management for internal reporting and planning procedures, including aspects of our consolidated operating budget and capital expenditures.
Forward-Looking Statements
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” 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, changes in the business, market, financial, political and legal conditions in India, Singapore, the United States, Mexico, the Cayman Islands 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 recognize the anticipated benefits of the business combination with Worldwide Webb Acquisition Corp., which may be affected by, among other things, competition, our ability to grow and manage growth profitably and retain its key employees; 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 the United States, India, Singapore, Mexico, the Cayman Islands 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 continue as a going concern; 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 Russia and Ukraine, and Israel and Hamas, and any restrictive actions that have been or may be taken by the U.S. 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’ 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’ periodic and current reports filed with the 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.
Contacts
Ryan Gardella
AeriesIR@icrinc.com
| CONDENSED CONSOLIDATED STATEMENTS OF INCOME (In thousands, except percentages) |
||||||||
| Three Months Ended June 30, 2024 |
Three Months Ended June 30, 2023 |
|||||||
| Revenue, net | $ | 16,667 | $ | 16,330 | ||||
| Cost of revenue | 12,657 | 11,883 | ||||||
| Gross profit | 4,010 | 4,447 | ||||||
| Operating expenses | ||||||||
| Selling, general & administrative expenses | 20,430 | 3,670 | ||||||
| Total operating expenses | 20,430 | 3,670 | ||||||
| Income from operations | (16,420 | ) | 777 | |||||
| Other income/ (expense) | ||||||||
| Change in fair value of forward purchase agreement put option liability | (696 | ) | – | |||||
| Change in fair value of derivative warrant liabilities | 757 | – | ||||||
| Interest income | 79 | 64 | ||||||
| Interest expense | (147 | ) | (123 | ) | ||||
| Other income/(expense), net | 19 | (6 | ) | |||||
| Total other income/(expense), net | 12 | (65 | ) | |||||
| Income/(loss) before income taxes | (16,408 | ) | 712 | |||||
| Income tax (expense) / benefit | 1,091 | (218 | ) | |||||
| Net income / (loss) | $ | (15,317 | ) | $ | 494 | |||
| Less: Net income / (loss) attributable to noncontrolling interests | (506 | ) | 73 | |||||
| Less: Net income attributable to redeemable noncontrolling interests | 10 | – | ||||||
| Net income / (loss) attributable to shareholders’ of Aeries Technology, Inc. | $ | (14,821 | ) | $ | 421 | |||
| Weighted average shares outstanding of Class A ordinary shares, basic and diluted(1) | 37,852,036 | |||||||
| Basic and Diluted net loss per Class A ordinary share(1) | $ | (0.39 | ) | |||||
| (1) | Net loss per Class A ordinary share and weighted average Class A ordinary shares outstanding is not presented for the periods prior to the Business Combination, as defined in Note 1. For more information refer to Note 14. |
| RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (In thousands, except percentages) |
||||||||
| Three Months Ended June 30, |
||||||||
| 2024 | 2023 | |||||||
| Net income | $ | (15,317 | ) | $ | 494 | |||
| Income tax expense | (1,091 | ) | 218 | |||||
| Interest income | (79 | ) | (64 | ) | ||||
| Interest expenses | 147 | 123 | ||||||
| Depreciation and amortization | 374 | 327 | ||||||
| EBITDA | $ | (15,966 | ) | $ | 1,098 | |||
| Adjustments | ||||||||
| (+) Stock-based compensation | 12,746 | 1,374 | ||||||
| (+) Business Combination related costs | 3,682 | 430 | ||||||
| (+) Change in fair value of derivative liabilities | (61 | ) | – | |||||
| Adjusted EBITDA | $ | 401 | $ | 2,902 | ||||
| (/) Revenue | 16,667 | 16,330 | ||||||
| Adjusted EBITDA Margin | 2.4 | % | 17.8 | % | ||||
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) |
||||||||
| Three Months Ended June 30, 2024 |
Three Months Ended June 30, 2023 |
|||||||
| Cash flows from operating activities | ||||||||
| Net income / (loss) | $ | (15,317 | ) | $ | 494 | |||
| Adjustments to reconcile net income / (loss) to net cash (used in) / provided by operating activities: | ||||||||
| Depreciation and amortization expense | 374 | 327 | ||||||
| Stock-based compensation expense | 12,746 | 1,374 | ||||||
| Deferred tax (benefit) / expense | (1,241 | ) | 100 | |||||
| Accrued income from long-term investments | (52 | ) | (45 | ) | ||||
| Provision for expected credit loss | 1,024 | 1 | ||||||
| Profit on sale of property and equipment | (1 | ) | – | |||||
| Sundry balances written back | – | (5 | ) | |||||
| Change in fair value of forward purchase agreement put option liability | (757 | ) | – | |||||
| Change in fair value of derivative warrant liabilities | 696 | – | ||||||
| Loss on issuance of shares against accounts payable | 78 | – | ||||||
| Unrealized exchange (gain) / loss | (18 | ) | 5 | |||||
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable | 104 | (463 | ) | |||||
| Prepaid expenses and other current assets | (231 | ) | (1,607 | ) | ||||
| Operating right-of-use assets | 326 | (1,139 | ) | |||||
| Other assets | (217 | ) | (250 | ) | ||||
| Accounts payable | 105 | (639 | ) | |||||
| Accrued compensation and related benefits, current | (940 | ) | (834 | ) | ||||
| Other current liabilities | 1,617 | 1,147 | ||||||
| Operating lease liabilities | (321 | ) | 1,190 | |||||
| Other liabilities | 305 | 445 | ||||||
| Net cash (used in) / provided by operating activities | (1,720 | ) | 101 | |||||
| Cash flows from investing activities | ||||||||
| Acquisition of property and equipment | (370 | ) | (258 | ) | ||||
| Sale of property and equipment | 2 | – | ||||||
| Issuance of loans to affiliates | (276 | ) | (682 | ) | ||||
| Payments received for loans to affiliates | 36 | 374 | ||||||
| Net cash used in investing activities | (608 | ) | (566 | ) | ||||
| Cash flows from financing activities | ||||||||
| Net proceeds from short term borrowings | (166 | ) | 1,244 | |||||
| Payment of insurance financing liability | (220 | ) | – | |||||
| Proceeds from long-term debt | 240 | 490 | ||||||
| Repayment of long-term debt | (4 | ) | (186 | ) | ||||
| Payment of finance lease obligations | (123 | ) | (86 | ) | ||||
| Payment of deferred transaction costs | (20 | ) | (446 | ) | ||||
| Net changes in net shareholders’ investment | – | (10 | ) | |||||
| Proceeds from issuance of Class A ordinary shares, net of issuance cost | 4,678 | – | ||||||
| Net cash provided by financing activities | 4,385 | 1,006 | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 56 | (8 | ) | |||||
| Net increase in cash and cash equivalents | 2,113 | 533 | ||||||
| Cash and cash equivalents at the beginning of the period | 2,084 | 1,131 | ||||||
| Cash and cash equivalents at the end of the period | $ | 4,197 | $ | 1,644 | ||||
| Supplemental cash flow disclosure: | ||||||||
| Cash paid for interest | $ | 118 | $ | 121 | ||||
| Cash paid for income taxes, net of refunds | $ | 802 | $ | 185 | ||||
| Supplemental disclosure of non-cash investing and financing activities: | ||||||||
| Unpaid deferred transaction costs included in accounts payable and other current liabilities | $ | 643 | $ | 1,317 | ||||
| Equipment acquired under finance lease obligations | $ | 38 | $ | 221 | ||||
| Property and equipment purchase included in accounts payable | $ | 1 | $ | 37 | ||||
| BALANCE SHEET (In thousands) |
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| JUNE 30, 2024 |
MARCH 31, 2024 |
|||||||
| (Unaudited) | ||||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 4,197 | $ | 2,084 | ||||
| Accounts receivable, net of allowance of |
22,406 | 23,757 | ||||||
| Prepaid expenses and other current assets, net of allowance of |
7,196 | 6,995 | ||||||
| Total current assets | $ | 33,799 | $ | 32,836 | ||||
| Property and equipment, net | 3,552 | 3,579 | ||||||
| Operating right-of-use assets | 6,953 | 7,318 | ||||||
| Deferred tax assets | 3,203 | 1,933 | ||||||
| Long-term investments, net of allowance of |
1,677 | 1,612 | ||||||
| Other assets, net of allowance of |
2,584 | 2,129 | ||||||
| Total assets | $ | 51,768 | $ | 49,407 | ||||
| LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS’ EQUITY (DEFICIT) | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 6,633 | $ | 6,616 | ||||
| Accrued compensation and related benefits, current | 2,163 | 3,119 | ||||||
| Operating lease liabilities, current | 1,953 | 2,080 | ||||||
| Short-term borrowings | 6,395 | 6,778 | ||||||
| Forward purchase agreement put option liability | 10,940 | 10,244 | ||||||
| Other current liabilities | 10,744 | 9,288 | ||||||
| Total current liabilities | $ | 38,828 | $ | 38,125 | ||||
| Long term debt | 1,675 | 1,440 | ||||||
| Operating lease liabilities, noncurrent | 5,383 | 5,615 | ||||||
| Derivative warrant liabilities | 610 | 1,367 | ||||||
| Deferred tax liabilities | 118 | 92 | ||||||
| Other liabilities | 4,233 | 3,948 | ||||||
| Total liabilities | $ | 50,847 | $ | 50,587 | ||||
| Commitments and contingencies (Note 10) | ||||||||
| Redeemable noncontrolling interest | 735 | 734 | ||||||
| Shareholders’ equity (deficit) | ||||||||
| Preference shares, |
– | – | ||||||
| Class A ordinary shares, |
4 | 2 | ||||||
| Class V ordinary shares, |
– | – | ||||||
| Net shareholders’ investment and additional paid-in capital | 26,895 | – | ||||||
| Accumulated other comprehensive loss | (641 | ) | (574 | ) | ||||
| Accumulated deficit | (26,489 | ) | (11,668 | ) | ||||
| Total Aeries Technology, Inc. shareholders’ deficit | $ | (231 | ) | $ | (12,240 | ) | ||
| Noncontrolling interest | 417 | 10,326 | ||||||
| Total shareholders’ equity (deficit) | 186 | (1,914 | ) | |||||
| Total liabilities, redeemable noncontrolling interest and shareholders’ equity (deficit) | $ | 51,768 | $ | 49,407 | ||||
FAQ
What was Aeries Technology’s (AERT) revenue for Q1 2025?
Aeries Technology reported revenues of $16.7 million for the first fiscal quarter of 2025, representing a 2% increase compared to $16.3 million in the same quarter of the previous year.
How did Aeries Technology’s (AERT) net income change in Q1 2025 compared to Q1 2024?
Aeries Technology reported a net loss of $(15.3) million for Q1 2025, compared to a net income of $0.5 million in Q1 2024, indicating a significant decrease in profitability.
What was Aeries Technology’s (AERT) Adjusted EBITDA for Q1 2025?
Aeries Technology’s Adjusted EBITDA for the first fiscal quarter of 2025 was $0.4 million, down from $2.9 million in the first fiscal quarter of 2024.
When will Aeries Technology (AERT) host its Q1 2025 earnings conference call?
Aeries Technology will host its Q1 2025 earnings conference call on Wednesday, October 16, 2024, at 8:30 AM ET.