Aeries Technology Inc (AERT) reported a total revenue of $19.05 million for Q4 2025, reflecting a recovery of 8.2% from the previous quarter, although showing a decline of 3.31% year-over-year. The net loss for the quarter was $5.76 million, which is a significant deterioration compared to the same quarter last year, indicating underlying challenges despite cost restructuring efforts. Management underlined a pivotal transformation focused on private equity-backed companies, significantly realigning their business strategy towards core revenue-generating sectors in North America, which now represent 93.3% of total revenues. Positive moves include the achievement of $7.4 million in core adjusted EBITDA, surpassing guidance, which speaks to improved operational efficiencies and strategic focus.