Aeries Technology, Inc.
AERTNasdaqIndustrials · Services-Management Consulting Services · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | $70.2M | $72.5M | $53.1M | — | — |
| Operating income | −$28.8M | $3.0M | $2.3M | −$4.5M | −$279,246 |
| Net income | −$21.6M | $17.3M | $1.7M | $9.8M | −$2.6M |
| Total assets | $39.8M | $49.4M | $34.4M | $235.1M | $233.5M |
| Total liabilities | $45.9M | $50.6M | $20.9M | $5.0M | $21.0M |
| Equity | −$5.8M | −$12.2M | $12.2M | −$4.5M | $0 |
| EPS (diluted) | $-0.46 | $0.91 | — | — | — |
| Shares out. | 47.2M | 44.5M | 0 | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −41.0%
- Net margin
- −30.8%
- Return on equity
- 372.1%
- Return on assets
- −54.2%
- Return on capital (ROCE)
- −388.1%
- Liabilities / assets
- 115.3%
- Debt / equity
- —
- Book value / share
- $-0.12
- Revenue growth (YoY)
- −3.2%
- Net income growth (YoY)
- −225.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -9.38distress
- Accruals / assets
- −51.7%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Jul 1, 2025
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2024
- NT 10-Kmissed a reporting deadline ↗Jul 1, 2024
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Khare BhishamActivist (13D)Sep 10, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 130,554 | 1.0 | -17.4% |
| Apr 30, 2026 | 158,133 | 1.0 | +5.7% |
| Apr 15, 2026 | 149,631 | 1.0 | -2.6% |
| Mar 31, 2026 | 153,604 | 1.0 | +14.6% |
| Mar 13, 2026 | 134,011 | 1.0 | +96.6% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard noticeApr 3, 2026
- Director / officer changeMar 30, 2026
- Director / officer changeMar 20, 2026
- Shareholder vote · Regulation FD disclosureMar 4, 2026
- Other material eventMar 2, 2026
- Results of operationsFeb 9, 2026
- Entered a material agreementJan 28, 2026
- Entered a material agreementJan 7, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (3)
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