← AIR T INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $148.2m |
($2)
-100.00%
|
$194.5m
+12882075927.81%
|
$215.5m
+10.79%
|
$236.8m
+9.88%
|
$175.1m
-26.04%
|
$177.1m
+1.12%
|
$247.3m
+39.67%
|
$286.8m
+15.98%
|
$291.9m
+1.75%
|
$327.1m
+12.07%
|
|
| Cost of revenue | $2 |
($2)
-182.07%
|
$1
+173.51%
|
$0
-60.36%
|
$184.1m
+41829772627.27%
|
$140.3m
-23.75%
|
$135.8m
-3.21%
|
$196.9m
+44.94%
|
$230.5m
+17.06%
|
$227.3m
-1.37%
|
$265.1m
+16.65%
|
|
| Gross Profit | $148.2m |
($3)
-100.00%
|
$194.5m
+6441037977.15%
|
$215.5m
+10.79%
|
$52.7m
-75.53%
|
$34.8m
-34.05%
|
$41.2m
+18.59%
|
$50.4m
+22.32%
|
$56.4m
+11.74%
|
$64.5m
+14.50%
|
$61.9m
-4.03%
|
|
| General and administrative | $18.1m | $22.2m | $29.2m | $38.4m | $39.6m | $34.3m | $29.8m | $45.4m | $51.1m | $57.8m | $80.8m | |
| Operating expenses | $2 | $151.6m | $1 | $206.2m | $229.5m | $184.3m | $168.3m | $251.7m | $285.6m | $289.9m | $346.0m | |
| Operating Income | $6.0m |
($3.1m)
-151.41%
|
$4.2m
+236.92%
|
$8.1m
+89.96%
|
$7.3m
-9.59%
|
($9.2m)
-225.84%
|
$8.8m
+195.42%
|
($4.4m)
-150.34%
|
$1.3m
+128.68%
|
$1.9m
+50.95%
|
($18.9m)
-1090.41%
|
|
| Interest expense | — | — | — | — | — | — | — | — | ($6.9m) | ($8.4m) | $12.3m | |
| Income from equity method investments | — | — | ($15k) | $341k | ($910k) | ($723k) | $37k | $1.5m | $1.7m | $1.7m | — | |
| Non-operating income (expense) | $122k | ($1.1m) | ($1.6m) | ($3.4m) | ($4.7m) | ($2.6m) | $4.6m | ($6.9m) | ($5.2m) | ($6.9m) | — | |
| Loss before income taxes | $6.2m | ($4.2m) | $2.7m | $4.7m | $2.6m | ($11.8m) | $13.4m | ($11.4m) | ($4.0m) | ($5.0m) | — | |
| Income Tax Expense | $2.4m | $725k | $195k | $1.5m | ($544k) | ($3.4m) | $1.2m | $432k | $729k | $423k | $1.4m | |
| Net Loss | $3.8m | ($4.9m) | $2.5m | $3.2m | $11.2m | ($8.4m) | $12.2m | ($11.8m) | ($4.7m) | ($5.4m) | — | |
| Net Income Attributable to Non-controlling Interests | $1.2m | $1.7m | ($179k) | ($1.9m) | ($3.6m) | $1.1m | ($1.3m) | ($510k) | ($2.1m) | ($729k) | — | |
| Net Loss Attributable to Air T, Inc. Stockholders | $4.9m | ($3.2m) | $2.3m | $1.3m | $7.7m | ($7.3m) | $10.9m | ($12.3m) | ($6.8m) | ($6.1m) | — | |
| Basic (in dollars per share) | $1.58 | ($2.33) | $1.20 | $1.57 | $4.02 | ($2.91) | $4.25 | ($4.14) | ($1.66) | ($1.97) | — | |
| Diluted (in dollars per share) | $1.57 | ($2.33) | $1.20 | $1.57 | $4.01 | ($2.91) | $4.23 | ($4.14) | ($1.66) | ($1.97) | — | |
| Depreciation and amortization | $1.3m | — | $2.4m | $7.7m | $5.7m | $3.1m | $1.9m | $4.2m | $2.8m | $4.4m | — | |
| Earnout remeasurement | — | — | — | — | — | — | — | — | $0 | $435k | — | |
| Other | $73k | ($572k) | ($1.7m) | ($261k) | ($1.3m) | $2.7m | $1.2m | ($471k) | $8k | ($209k) | — |