Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
AERT · Nasdaq · United States · Services-Management Consulting Services
In shortAeries Technology, Inc. is profitable, generates cash and holds more cash than debt, with revenue stable (−0.3% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 6.5% | 38/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.0% | 36/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | – | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.78× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 9.76× | 79/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -2.66 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 8.1% | 52/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.00× | 100/100 |
| Years with positive free cash flow (last 5) | 2 of 4 | 37/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 4 | 75/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 3 | 0/100 |
| Revenue growth volatility | 22.1% | 29/100 |
| Operating margin volatility | 23.0% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 9.7% | 70/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 53 | 73 | 70 | 70 |
| Cost of revenue | 39 | 51 | 53 | 53 |
| Gross profit | 14 | 22 | 17 | 17 |
| Selling, general & admin | 11 | 19 | 45 | 13 |
| Operating income | 2.3 | 3 | (29) | 4.5 |
| Interest expense | 0.2 | 0.5 | 0.8 | 0.5 |
| Pre-tax income | 2.8 | 19 | (23) | 5.5 |
| Income tax | 1.1 | 1.9 | (1.1) | 2 |
| Net income | 1.7 | 16 | (20) | 2.8 |
| Diluted EPS | – | $0.91 | −$0.46 | $0.05 |
| Diluted shares (millions) | – | 16 | 43 | 48 |
−2.66 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 10, 2026