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Aeries Technology (AERT) AI Stock Analysis
Aeries Technology
(NASDAQ:AERT)
The overall score is constrained by a weak balance sheet with negative equity, which poses a significant solvency risk, and bearish technicals showing the stock trading below key moving averages. These major weaknesses are partially offset by strong cash flow generation, a return to revenue growth, and a constructive corporate event that manages a liability without immediate cash strain. The low P/E ratio provides some valuation support but is not enough to outweigh the financial and technical headwinds.
Aeries Technology Key Performance Indicators (KPIs)
Revenue by GeographyWhere the company earns its sales across countries or regions, highlighting which markets drive growth and where revenue is concentrated. For Aeries Technology, a heavy reliance on a single region or customer base can increase vulnerability to local education budget cuts, policy changes, or slower adoption, while geographic expansion points to new growth opportunities and scalability. Also reveals exposure to currency swings and helps show where the company should focus sales, support, and investment.
North America is the clear growth engine—recovering to new highs by Mar‑2026 after a pronounced mid‑2025 quarter dip, which looks more like contract timing or lumpiness than structural weakness. APAC & Other collapsed in mid‑2024 and, while slowly recovering, remains a very small share of revenue. The company’s topline is highly concentrated in North America, so investor risk centers on timing of large deals and the lack of meaningful international diversification unless management accelerates expansion or builds more recurring revenue.
The FlyAeries Technology (AERT) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $31.60M
- Dividend Yield
- ―
- Average Volume (3M)
- 18.04K
- Price to Earnings (P/E)
- 12.1
- Beta (1Y)
- 1.00
- Revenue Growth
- 11.24%
- EPS Growth
- ―
- Country
- US
- Employees
- 1,692
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Consulting Services
Aeries Technology Business Overview & Revenue Model
Company Description
Aeries Technology, Inc., a professional services and consulting firm founded in 2012 and based in Orem, Utah, operates on both a domestic (United States) and international scale. The company delivers specialized management consultancy to private equi...
How the Company Makes Money
Aeries Technology primarily makes money by delivering outsourced services and transformation projects to its clients, with revenue generated from service contracts for ongoing operational support and from project-based engagements. Key revenue stream...
Aeries Technology Earnings Call Summary
The earnings call highlighted strong execution in core markets and successful strategic shifts, resulting in exceeding EBITDA guidance. However, the overall revenue decline and significant losses indicate ongoing challenges. The sentiment is balanced between positive strategic achievements and financial setbacks.
Q4-2025 Updates
Positive Updates
Negative Updates
Company Guidance
During the Aeries Technology Full Year 2025 Earnings and Business Update Call, the company reported surpassing its core adjusted EBITDA guidance of $6 million to $7 million, achieving $7.4 million for the fiscal year, reflecting a 365% increase from the previous year. Aeries' total revenue for FY 2025 was $70.2 million, with North American revenue growing 15% year-over-year to $65.5 million, despite a slight overall revenue decline due to exiting the Middle East market. The company ended the year with a net loss of $21.6 million, gross profit of $16.7 million (23.8% margin), and adjusted EBITDA of negative $4.7 million. Aeries anticipates revenues of $74 million to $80 million and adjusted EBITDA of $6 million to $8 million for FY 2026, driven by a focus on North American markets and the expansion of their Global Capability Center model.
Aeries Technology Financial Statement Overview
Summary
Financial performance is mixed. Revenue growth has resumed and cash flow generation is strong, with free cash flow covering 96% of net income. However, profitability margins remain low for the consulting sector, and the balance sheet is a major concern due to negative stockholders' equity, indicating financial distress.
Income Statement
52NeutralBalance Sheet
28NegativeCash Flow
65Positive| Breakdown | TTM | Mar 2026 | Jun 2025 | Sep 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.60M | 70.01M | 70.20M | 72.51M | 53.10M | 41.01M |
| Gross Profit | 19.90M | 17.30M | 16.72M | 21.64M | 13.66M | 12.01M |
| EBITDA | 7.81M | 6.76M | -20.53M | 20.94M | 4.12M | 7.59M |
| Net Income | 2.82M | 2.55M | -19.71M | 15.66M | 1.45M | 4.03M |
Balance Sheet | ||||||
| Total Assets | 41.19M | 41.89M | 39.83M | 49.41M | 34.40M | 18.86M |
| Cash, Cash Equivalents and Short-Term Investments | 6.07M | 4.88M | 2.76M | 2.08M | 1.13M | 351.00K |
| Total Debt | 11.17M | 14.46M | 17.86M | 16.37M | 8.80M | 1.99M |
| Total Liabilities | 43.82M | 44.48M | 45.94M | 50.59M | 20.93M | 10.17M |
| Stockholders Equity | -2.80M | -3.03M | -5.80M | -12.24M | 12.19M | 7.56M |
Cash Flow | ||||||
| Free Cash Flow | 9.95M | 5.66M | -2.49M | -5.82M | 511.00K | 1.51M |
| Operating Cash Flow | 10.23M | 6.77M | -1.01M | -4.30M | 2.11M | 3.16M |
| Investing Cash Flow | -828.00K | -1.42M | -858.00K | -1.74M | -1.56M | -437.00K |
| Financing Cash Flow | -5.23M | -3.02M | 2.43M | 7.06M | 252.00K | -3.54M |
Aeries Technology Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AERT, the sentiment is Negative. The current price of 5.86 is below the 20-day moving average (MA) of 6.33, below the 50-day MA of 6.77, and above the 200-day MA of 5.48, indicating a neutral trend. The MACD of -0.24 indicates Positive momentum. The RSI at 40.84 is Neutral, neither overbought nor oversold. The STOCH value of 53.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AERT.
Aeries Technology Risk Analysis
Aeries Technology disclosed 92 risk factors in its most recent earnings report. Aeries Technology reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksAeries Technology Peers Comparison
Overall Rating
FC55Neutral
FORR54Neutral- AERT49Neutral
RGP45Neutral
VCIG41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| FC | 55Neutral | $204.42M | 100.56 | 4.33% | ― | -6.14% | -78.29% |
| FORR | 54Neutral | $209.62M | -4.67 | -35.06% | ― | -7.68% | 47.26% |
| AERT | 49Neutral | $30.75M | 12.09 | -113.55% | ― | 11.24% | ― |
| RGP | 45Neutral | $92.31M | -1.96 | -25.92% | 10.53% | -19.60% | 76.21% |
| VCIG | 41Neutral | $213.91K | -0.01 | -31.63% | ― | ― | ― |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AERT | Aeries Technology, Inc. | 5.86 | 0.79 | 15.54% | |
| FORR | Forrester Research | 11.01 | 3.33 | 43.36% | |
| FC | Franklin Covey | 18.10 | 1.71 | 10.43% | |
| RGP | Resources Connection Inc. | 2.66 | -1.72 | -39.34% | |
| GRNQ | Greenpro Capital | 6.67 | -7.63 | -53.35% | |
| VCIG | VCI Global Limited | 0.17 | -1196.83 | -99.99% |
Aeries Technology Corporate Events
Aeries Technology Settles Derivative Liability via Equity Deal
PositiveOn August 3, 2026, Aeries Technology, Inc. entered into a Letter Agreement with Sea Otter Trading, LLC to settle a past-due $1,141,461 payment obligation under a prior OTC equity prepaid forward transaction, replacing immediate cash settlement with a...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 13, 2026