For the quarter ending 2025-12-31, AERTW had $704K increase in cash & cash equivalents over the period. $2,134K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income / (loss) | 1,237 | 644 | 1,676 |
| Depreciation and amortization expense | 210 | 205 | 205 |
| Stock-based compensation expense | 0 | 293 | 0 |
| Deferred tax benefit | -127 | -63 | 56 |
| Accrued income from long-term investments | 61 | 59 | 59 |
| Provision for expected credit loss | 22 | 55 | 22 |
| Gain on lease termination | 1 | - | - |
| Sundry balances written back | -1,198 | 0 | -1 |
| (profit) / loss on sale of property and equipment | 0 | 0 | 19 |
| Loss on issuance of shares against accounts payable | - | - | 0 |
| Change in fair value of forward purchase agreement put option liability | 652 | 360 | -1,255 |
| Change in fair value of derivative warrant liabilities | 57 | -240 | 23 |
| Unrealized exchange gain | -153 | 39 | -38 |
| Accounts receivable | -1,017 | 2,153 | -1,660 |
| Prepaid expenses and other current assets | 1,230 | -1,391 | -316 |
| Operating right-of-use assets | -700 | 2,322 | -685 |
| Other assets | 1,487 | -723 | 786 |
| Accounts payable | 286 | 37 | -554 |
| Accrued compensation and related benefits, current | 415 | 134 | -571 |
| Other current liabilities | 1,633 | -874 | 613 |
| Operating lease liabilities | -681 | 2,340 | -661 |
| Other liabilities | 1,191 | 35 | 103 |
| Net cash provided by / (used in) operating activities | 2,368 | 1,025 | 1,369 |
| Acquisition of property and equipment | 234 | 372 | 259 |
| Sale of property and equipment | 0 | 84 | 0 |
| Issuance of loans to affiliates | 0 | 136 | 0 |
| Payments received for loans to affiliates | 0 | 108 | 0 |
| Fixed deposits placed with banks | 0 | 0 | 609 |
| Proceeds from maturities of fixed deposits placed with banks | 0 | 250 | - |
| Payment made towards investment in wholly owned subsidiary | 10 | - | - |
| Proceeds from issuance of class a ordinary shares, net of issuance cost | - | - | 0 |
| Net cash used in investing activities | -244 | -66 | -868 |
| Net repayment of short-term borrowings | -1,359 | -769 | -1,110 |
| Proceeds from long-term debt | - | - | 0 |
| Payment of insurance financing liability | 0 | 164 | 0 |
| Repayment of long-term debt | 6 | 113 | 6 |
| Payment of finance lease obligations | -30 | 134 | 32 |
| Payment of deferred transaction costs | 40 | - | 0 |
| Net cash (used in) / provided by financing activities | -1,375 | -1,180 | -1,148 |
| Effect of exchange rate changes on cash and cash equivalents | -45 | -50 | 20 |
| Net (decrease) / increase in cash and cash equivalents | 704 | -271 | -627 |
| Cash and cash equivalents at beginning of period | 1,866 | 2,764 | - |
| Cash and cash equivalents at end of period | 2,570 | 1,866 | - |
Aeries Technology, Inc. (AERTW)
Aeries Technology, Inc. (AERTW)