Financhill
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23

AIRI Quote, Financials, Valuation and Earnings

Last price:
$3.20
Seasonality move :
-4.97%
Day range:
$3.15 - $3.27
52-week range:
$3.00 - $9.44
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.20x
P/B ratio:
0.73x
Volume:
2.7K
Avg. volume:
20.7K
1-year change:
-33.96%
Market cap:
$10.6M
Revenue:
$55.1M
EPS (TTM):
-$0.19
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $50.1M $58.9M $53.2M $51.5M $55.1M
Revenue Growth (YoY) -8.2% 17.65% -9.67% -3.24% 6.97%
 
Cost of Revenues $43.6M $48.7M $45.8M $44.1M $46.2M
Gross Profit $6.5M $10.3M $7.5M $7.4M $8.9M
Gross Profit Margin 13% 17.4% 14% 14.42% 16.21%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $2.8M $405K $456K $84K $68K
Operating Expenses $8M $7.8M $7.6M $7.7M $8.5M
Operating Income -$1.4M $2.5M -$194K -$295K $459K
 
Net Interest Expenses $1.5M $1.3M $1.3M $1.9M $1.9M
EBT. Incl. Unusual Items -$86K $1.6M -$1.1M -$2.1M -$1.4M
Earnings of Discontinued Ops. -$230K -- -- -- --
Income Tax Expense -$1.4M -- -- -- --
Net Income to Company $1.1M $1.6M -$1.1M -$2.1M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $1.1M $1.6M -$1.1M -$2.1M -$1.4M
 
Basic EPS (Cont. Ops) $0.30 $0.51 -$0.33 -$0.65 -$0.41
Diluted EPS (Cont. Ops) $0.30 $0.45 -$0.33 -$0.65 -$0.41
Weighted Average Basic Share $3.1M $3.2M $3.2M $3.3M $3.4M
Weighted Average Diluted Share $3.7M $3.6M $3.2M $3.3M $3.4M
 
EBITDA $4.5M $6.2M $3.3M $2.7M $527K
EBIT $1.4M $2.9M $262K -$211K $527K
 
Revenue (Reported) $50.1M $58.9M $53.2M $51.5M $55.1M
Operating Income (Reported) -$1.4M $2.5M -$194K -$295K $459K
Operating Income (Adjusted) $1.4M $2.9M $262K -$211K $527K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $14.5M $15.4M $13.9M $13.5M $14.9M
Revenue Growth (YoY) 8.73% 6.39% -9.92% -3.03% 10.77%
 
Cost of Revenues $12.4M $11.6M $13.2M $11.3M $12.5M
Gross Profit $2.1M $3.8M $710K $2.2M $2.4M
Gross Profit Margin 14.22% 24.9% 5.11% 15.96% 16.36%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $2.5M $67K $324K $42K $22K
Operating Expenses $1.9M $2M $1.5M $1.6M $2.5M
Operating Income $174K $1.8M -$820K $587K -$101K
 
Net Interest Expenses $324K $304K $403K $448K $475K
EBT. Incl. Unusual Items $2.3M $1.6M -$899K $181K -$554K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $2K -- -- -- --
Net Income to Company $2.1M $1.6M -$899K $181K --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $2.1M $1.6M -$899K $181K -$554K
 
Basic EPS (Cont. Ops) $0.60 $0.50 -$0.28 $0.06 -$0.16
Diluted EPS (Cont. Ops) $0.60 $0.44 -$0.28 $0.06 -$0.16
Weighted Average Basic Share $3.1M $3.2M $3.2M $3.3M $3.4M
Weighted Average Diluted Share $3.2M $3.2M $3.2M $3.3M $3.4M
 
EBITDA $3.4M $2.7M $262K $1.3M -$79K
EBIT $2.7M $1.9M -$496K $629K -$79K
 
Revenue (Reported) $14.5M $15.4M $13.9M $13.5M $14.9M
Operating Income (Reported) $174K $1.8M -$820K $587K -$101K
Operating Income (Adjusted) $2.7M $1.9M -$496K $629K -$79K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $50.1M $58.9M $53.2M $51.5M $55.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $43.6M $48.7M $45.8M $44.1M $46.2M
Gross Profit $6.5M $10.3M $7.5M $7.4M $8.9M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $2.8M $405K $456K $84K $68K
Operating Expenses $8M $7.8M $7.6M $7.7M $8.5M
Operating Income -$1.4M $2.5M -$194K -$295K $459K
 
Net Interest Expenses $1.5M $1.3M $1.3M $1.9M $1.9M
EBT. Incl. Unusual Items -$86K $1.6M -$1.1M -$2.1M -$1.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$1.4M -- -- -- --
Net Income to Company $1.1M $1.6M -$1.1M -$2.1M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $1.1M $1.6M -$1.1M -$2.1M -$1.4M
 
Basic EPS (Cont. Ops) $0.30 $0.53 -$0.33 -$0.65 -$0.41
Diluted EPS (Cont. Ops) $0.20 $0.47 -$0.33 -$0.65 -$0.42
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $4.5M $6.2M $3.3M $2.7M $2.7M
EBIT $1.4M $2.9M $262K -$211K $527K
 
Revenue (Reported) $50.1M $58.9M $53.2M $51.5M $55.1M
Operating Income (Reported) -$1.4M $2.5M -$194K -$295K $459K
Operating Income (Adjusted) $1.4M $2.9M $262K -$211K $527K
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $58.9M $53.2M $51.5M $55.1M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $48.7M $45.8M $44.1M $46.2M --
Gross Profit $10.3M $7.5M $7.4M $8.9M --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $405K $456K $84K $68K --
Operating Expenses $7.8M $7.6M $7.7M $8.5M --
Operating Income $2.5M -$194K -$295K $459K --
 
Net Interest Expenses $1.3M $1.3M $1.9M $1.9M --
EBT. Incl. Unusual Items $1.6M -$1.1M -$2.1M -$1.4M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company $1.6M -$1.1M -$2.1M -$812K --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $1.6M -$1.1M -$2.1M -$1.4M --
 
Basic EPS (Cont. Ops) $0.53 -$0.33 -$0.65 -$0.40 --
Diluted EPS (Cont. Ops) $0.47 -$0.33 -$0.65 -$0.41 --
Weighted Average Basic Share $12.8M $12.9M $13.1M $13.3M --
Weighted Average Diluted Share $13.4M $12.9M $13.1M $13.7M --
 
EBITDA $6.2M $3.3M $2.7M $2.7M --
EBIT $2.9M $262K -$211K $527K --
 
Revenue (Reported) $58.9M $53.2M $51.5M $55.1M --
Operating Income (Reported) $2.5M -$194K -$295K $459K --
Operating Income (Adjusted) $2.9M $262K -$211K $527K --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $2.5M $627K $281K $346K --
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $8.8M $10.5M $9.5M $7.9M --
Inventory $32.1M $29.5M $31.8M $29.9M --
Prepaid Expenses $15K $22K $28K $37K --
Other Current Assets $173K $226K $307K $297K --
Total Current Assets $43.6M $40.9M $42.2M $38.7M --
 
Property Plant And Equipment $13.1M $11.4M $11.1M $10.9M --
Long-Term Investments -- -- -- -- --
Goodwill $163K $163K -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $912K $960K $532K $1.1M --
Total Assets $57.8M $53.4M $53.8M $50.7M --
 
Accounts Payable $7.2M $5.5M $6.4M $5.5M --
Accrued Expenses $1.4M $1.3M $1.1M $630K --
Current Portion Of Long-Term Debt $16.5M $14.1M $14.5M $16M --
Current Portion Of Capital Lease Obligations $701K $686K $778K $880K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $27.3M $23.4M $23.6M $26.6M --
 
Long-Term Debt $10.8M $9.3M $10.8M $7.3M --
Capital Leases -- -- -- -- --
Total Liabilities $42.7M $36M $37M $35.5M --
 
Common Stock $32K $3K $3K $3K --
Other Common Equity Adj -- -- -- -- --
Common Equity $15.1M $17.4M $16.8M $15.2M --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $15.1M $17.4M $16.8M $15.2M --
 
Total Liabilities and Equity $57.8M $53.4M $53.8M $50.7M --
Cash and Short Terms $2.5M $627K $281K $346K --
Total Debt $27.3M $23.4M $25.3M $23.3M --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $2.5M $627K $281K $346K --
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $8.8M $10.5M $9.5M $7.9M --
Inventory $32.1M $29.5M $31.8M $29.9M --
Prepaid Expenses $15K $22K $28K $37K --
Other Current Assets $173K $226K $307K $297K --
Total Current Assets $43.6M $40.9M $42.2M $38.7M --
 
Property Plant And Equipment $13.1M $11.4M $11.1M $10.9M --
Long-Term Investments -- -- -- -- --
Goodwill $163K $163K -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $912K $960K $532K $1.1M --
Total Assets $57.8M $53.4M $53.8M $50.7M --
 
Accounts Payable $7.2M $5.5M $6.4M $5.5M --
Accrued Expenses $1.4M $1.3M $1.1M $630K --
Current Portion Of Long-Term Debt $16.5M $14.1M $14.5M $16M --
Current Portion Of Capital Lease Obligations $701K $686K $778K $880K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $27.3M $23.4M $23.6M $26.6M --
 
Long-Term Debt $10.8M $9.3M $10.8M $7.3M --
Capital Leases -- -- -- -- --
Total Liabilities $42.7M $36M $37M $35.5M --
 
Common Stock $32K $3K $3K $3K --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $15.1M $17.4M $16.8M $15.2M --
 
Total Liabilities and Equity $57.8M $53.4M $53.8M $50.7M --
Cash and Short Terms $2.5M $627K $281K $346K --
Total Debt $27.3M $23.4M $25.3M $23.3M --
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$2.7M $1.1M $1.6M -$1.1M -$2.1M
Depreciation & Amoritzation $3.5M $3.1M $3.3M $3.1M $3M
Stock-Based Compensation $244K $211K $443K $526K $482K
Change in Accounts Receivable -$1.6M -$1M -$1.6M $1.3M $1.5M
Change in Inventories $405K -$3.5M $2.6M -$2.3M $2M
Cash From Operations -$888K -$1.5M $4.1M $448K $4.9M
 
Capital Expenditures $764K $3.8M $1.4M $2.4M $2.1M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$764K -$3.8M -$1.4M -$2.4M -$2.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $17.8M $7.9M -- $3.7M $1.1M
Long-Term Debt Repaid -$17.6M -$2.1M -$4.6M -$2.2M -$3.8M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $684K -$226K -- -$20K -$25K
Cash From Financing $934K $6.5M -$4.6M $1.6M -$2.7M
 
Beginning Cash (CF) $2M $1.3M $2.5M $627K $281K
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$718K $1.2M -$1.9M -$346K $65K
Ending Cash (CF) $1.3M $2.5M $627K $281K $346K
 
Levered Free Cash Flow -$1.7M -$5.3M $2.7M -$1.9M $2.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$152K -$28K -$618K -$706K --
Depreciation & Amoritzation $831K $796K $763K $727K --
Stock-Based Compensation $157K $66K $99K $62K --
Change in Accounts Receivable -$816K $3M $2.2M -$120K --
Change in Inventories -$75K -$2.5M -$573K $233K --
Cash From Operations $567K $1.3M $1.4M -$232K --
 
Capital Expenditures $273K $430K $973K $111K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$273K -$430K -$973K -$111K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $740K $501K --
Long-Term Debt Repaid -$1.1M -$1.1M -$361K -$279K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$1.1M -$1.1M $379K $222K --
 
Beginning Cash (CF) $2.5M $627K $281K $346K --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$774K -$263K $844K -$121K --
Ending Cash (CF) $1.7M $364K $1.1M $225K --
 
Levered Free Cash Flow $294K $855K $465K -$343K --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $1.1M $1.6M -$1.1M -$2.1M --
Depreciation & Amoritzation $3.1M $3.3M $3.1M $3M --
Stock-Based Compensation $211K $443K $526K $482K $302K
Change in Accounts Receivable -$1M -$1.6M $1.3M $1.5M --
Change in Inventories -$3.5M $2.6M -$2.3M $2M --
Cash From Operations -$1.5M $4.1M $448K $4.9M --
 
Capital Expenditures $3.8M $1.4M $2.4M $2.1M $1.5M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$3.8M -$1.4M -$2.4M -$2.1M --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $7.9M -- $3.7M $1.1M --
Long-Term Debt Repaid -$2.1M -$4.6M -$2.2M -$3.8M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$226K -- -- -- --
Cash From Financing $6.5M -$4.6M $1.6M -$2.7M --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.2M -$1.9M -$346K $65K --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$5.3M $2.7M -$1.9M $2.7M --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$152K -$28K -$618K -$706K --
Depreciation & Amoritzation $831K $796K $763K $727K --
Stock-Based Compensation $157K $66K $99K $62K --
Change in Accounts Receivable -$816K $3M $2.2M -$120K --
Change in Inventories -$75K -$2.5M -$573K $233K --
Cash From Operations $567K $1.3M $1.4M -$232K --
 
Capital Expenditures $273K $430K $973K $111K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$273K -$430K -$973K -$111K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $740K $501K --
Long-Term Debt Repaid -$1.1M -$1.1M -$361K -$279K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$1.1M -$1.1M $379K $222K --
 
Beginning Cash (CF) $2.5M $627K $281K $346K --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$774K -$263K $844K -$121K --
Ending Cash (CF) $1.7M $364K $1.1M $225K --
 
Levered Free Cash Flow $294K $855K $465K -$343K --

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