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AIRI Quote, Financials, Valuation and Earnings

Last price:
$4.29
Seasonality move :
18.13%
Day range:
$4.25 - $4.45
52-week range:
$3.03 - $9.44
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.27x
P/B ratio:
0.99x
Volume:
50.9K
Avg. volume:
62.2K
1-year change:
32.62%
Market cap:
$14.5M
Revenue:
$51.5M
EPS (TTM):
-$0.19
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $54.6M $50.1M $58.9M $53.2M $51.5M
Revenue Growth (YoY) 22.55% -8.2% 17.65% -9.67% -3.24%
 
Cost of Revenues $45.4M $43.6M $48.7M $45.8M $44.1M
Gross Profit $9.1M $6.5M $10.3M $7.5M $7.4M
Gross Profit Margin 16.75% 13% 17.4% 14% 14.42%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $672K $2.8M $405K $456K $84K
Operating Expenses $8.8M $8M $7.8M $7.6M $7.7M
Operating Income $328K -$1.4M $2.5M -$194K -$295K
 
Net Interest Expenses $3.6M $1.5M $1.3M $1.3M $1.9M
EBT. Incl. Unusual Items -$2.6M -$86K $1.6M -$1.1M -$2.1M
Earnings of Discontinued Ops. -$134K -$230K -- -- --
Income Tax Expense $37K -$1.4M -- -- --
Net Income to Company -$2.7M $1.1M $1.6M -$1.1M -$2.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$2.7M $1.1M $1.6M -$1.1M -$2.1M
 
Basic EPS (Cont. Ops) -$0.90 $0.30 $0.51 -$0.33 -$0.65
Diluted EPS (Cont. Ops) -$0.90 $0.30 $0.45 -$0.33 -$0.65
Weighted Average Basic Share $2.9M $3.1M $3.2M $3.2M $3.3M
Weighted Average Diluted Share $2.9M $3.7M $3.6M $3.2M $3.3M
 
EBITDA $4.5M $4.5M $6.2M $3.3M $2.7M
EBIT $1M $1.4M $2.9M $262K -$211K
 
Revenue (Reported) $54.6M $50.1M $58.9M $53.2M $51.5M
Operating Income (Reported) $328K -$1.4M $2.5M -$194K -$295K
Operating Income (Adjusted) $1M $1.4M $2.9M $262K -$211K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $13.7M $14.4M $13.3M $12.3M $12.6M
Revenue Growth (YoY) -2.39% 5.07% -7.5% -7.42% 2.13%
 
Cost of Revenues $12M $12.3M $11M $11.1M $10.6M
Gross Profit $1.7M $2M $2.2M $1.2M $1.9M
Gross Profit Margin 12.12% 14.03% 16.89% 9.99% 15.46%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $122K $88K $12K $13K $11K
Operating Expenses $1.9M $1.8M $2.1M $2M $1.9M
Operating Income -$240K $177K $169K -$796K $67K
 
Net Interest Expenses $359K $331K $323K $516K $482K
EBT. Incl. Unusual Items -$477K -$66K -$142K -$1.3M -$404K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$477K -$66K -$142K -$1.3M -$404K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$477K -$66K -$142K -$1.3M -$404K
 
Basic EPS (Cont. Ops) -$0.20 -$0.02 -$0.04 -$0.40 -$0.12
Diluted EPS (Cont. Ops) -$0.20 -$0.02 -$0.04 -$0.40 -$0.12
Weighted Average Basic Share $3.1M $3.2M $3.2M $3.3M $3.3M
Weighted Average Diluted Share $3.1M $3.2M $3.2M $3.3M $3.3M
 
EBITDA $563K $1.1M $917K -$15K $809K
EBIT -$118K $265K $181K -$783K $78K
 
Revenue (Reported) $13.7M $14.4M $13.3M $12.3M $12.6M
Operating Income (Reported) -$240K $177K $169K -$796K $67K
Operating Income (Adjusted) -$118K $265K $181K -$783K $78K
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $48.9M $58M $54.8M $51.9M $53.7M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $42.8M $49.5M $44.2M $45.9M $45M
Gross Profit $6.2M $8.5M $10.6M $6M $8.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $866K $2.8M $199K $366K $88K
Operating Expenses $8.8M $7.7M $8.1M $7.7M $7.5M
Operating Income -$2.6M $818K $2.5M -$1.7M $1.1M
 
Net Interest Expenses $1.9M $1.3M $1.2M $1.9M $1.9M
EBT. Incl. Unusual Items -$3.7M $2.4M $1.4M -$3.2M -$631K
Earnings of Discontinued Ops. $5K -- -- -- --
Income Tax Expense -$1.4M $2K -- -- --
Net Income to Company -$2.3M $2.1M $1.4M -$3.2M -$631K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$2.3M $2.1M $1.4M -$3.2M -$631K
 
Basic EPS (Cont. Ops) -$0.70 $0.63 $0.45 -$0.99 -$0.18
Diluted EPS (Cont. Ops) -$0.80 $0.63 $0.39 -$0.99 -$0.19
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $1.6M $6.9M $5.8M $1.7M $4.1M
EBIT -$1.7M $3.6M $2.7M -$1.3M $1.2M
 
Revenue (Reported) $48.9M $58M $54.8M $51.9M $53.7M
Operating Income (Reported) -$2.6M $818K $2.5M -$1.7M $1.1M
Operating Income (Adjusted) -$1.7M $3.6M $2.7M -$1.3M $1.2M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $35.6M $43.5M $39.3M $38M $40.2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $31.2M $37.1M $32.6M $32.8M $33.7M
Gross Profit $4.5M $6.4M $6.7M $5.3M $6.5M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $363K $338K $132K $42K $46K
Operating Expenses $6.1M $5.8M $6.1M $6.2M $5.9M
Operating Income -$1.6M $644K $626K -$882K $560K
 
Net Interest Expenses $1.2M $961K $935K $1.5M $1.4M
EBT. Incl. Unusual Items -$2.4M $21K -$177K -$2.3M -$812K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$1.4M -- -- -- --
Net Income to Company -$1M $21K -$177K -$2.3M -$812K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$1M $21K -$177K -$2.3M -$812K
 
Basic EPS (Cont. Ops) -$0.30 $0.03 -$0.05 -$0.71 -$0.24
Diluted EPS (Cont. Ops) -$0.40 $0.03 -$0.05 -$0.71 -$0.25
Weighted Average Basic Share $9.2M $9.6M $9.7M $9.8M $10M
Weighted Average Diluted Share $9.8M $10.2M $9.7M $9.8M $10.4M
 
EBITDA $1M $3.5M $3.1M $1.5M $2.8M
EBIT -$1.3M $982K $758K -$840K $606K
 
Revenue (Reported) $35.6M $43.5M $39.3M $38M $40.2M
Operating Income (Reported) -$1.6M $644K $626K -$882K $560K
Operating Income (Adjusted) -$1.3M $982K $758K -$840K $606K
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $1.3M $2.5M $627K $281K $346K
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $7.9M $8.8M $10.5M $9.5M $7.9M
Inventory $28.6M $32.1M $29.5M $31.8M $29.9M
Prepaid Expenses -- $15K $22K $28K $37K
Other Current Assets $447K $173K $226K $307K $297K
Total Current Assets $38.2M $43.6M $40.9M $42.2M $38.7M
 
Property Plant And Equipment $11.2M $13.1M $11.4M $11.1M $10.9M
Long-Term Investments -- -- -- -- --
Goodwill $163K $163K $163K -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $1.5M $912K $960K $532K $1.1M
Total Assets $51.1M $57.8M $53.4M $53.8M $50.7M
 
Accounts Payable $6.6M $7.2M $5.5M $6.4M $5.5M
Accrued Expenses $1.5M $1.4M $1.3M $1.1M $630K
Current Portion Of Long-Term Debt $22.5M $16.5M $14.1M $14.5M $16M
Current Portion Of Capital Lease Obligations $697K $701K $686K $778K $880K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $32.6M $27.3M $23.4M $23.6M $26.6M
 
Long-Term Debt $3.4M $10.8M $9.3M $10.8M $7.3M
Capital Leases -- -- -- -- --
Total Liabilities $40.9M $42.7M $36M $37M $35.5M
 
Common Stock $29K $32K $3K $3K $3K
Other Common Equity Adj -- -- -- -- --
Common Equity $10.2M $15.1M $17.4M $16.8M $15.2M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $10.2M $15.1M $17.4M $16.8M $15.2M
 
Total Liabilities and Equity $51.1M $57.8M $53.4M $53.8M $50.7M
Cash and Short Terms $1.3M $2.5M $627K $281K $346K
Total Debt $26M $27.3M $23.4M $25.3M $23.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $1.5M $692K $192K $740K $186K
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $9.7M $10.5M $8.7M $5.2M $7.3M
Inventory $32.8M $29.4M $33.4M $31.3M $30.5M
Prepaid Expenses $6K $19K $25K $28K $55K
Other Current Assets $394K $328K $250K $235K $314K
Total Current Assets $44.4M $40.9M $42.5M $37.9M $38.6M
 
Property Plant And Equipment $12.5M $11.6M $11.1M $11.3M $11M
Long-Term Investments -- -- -- -- --
Goodwill $163K $163K $163K -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $1.6M $809K $989K $542K $698K
Total Assets $58.8M $53.5M $54.8M $49.7M $50.4M
 
Accounts Payable $11.4M -- $7M $7.3M $7.1M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $22.2M $14.3M $14.8M $13.9M $17.1M
Current Portion Of Capital Lease Obligations $694K $664K $754K $854K $890K
Other Current Liabilities $200K -- -- -- --
Total Current Liabilities $35.4M $23.9M $24.2M $25.6M $26.8M
 
Long-Term Debt $7.1M $10M $10.2M $7.3M $7.9M
Capital Leases -- -- -- -- --
Total Liabilities $47.4M $37.9M $37.1M $34.8M $35.7M
 
Common Stock $30K $32K $3K $3K $3K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $11.4M $15.6M $17.6M $14.9M $14.7M
 
Total Liabilities and Equity $58.8M $53.5M $54.8M $49.7M $50.4M
Cash and Short Terms $1.5M $692K $192K $740K $186K
Total Debt $29.4M $24.3M $25M $21.2M $25M
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 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $2.1M $1.6M -$899K $181K --
Depreciation & Amoritzation $766K $826K $758K $657K --
Stock-Based Compensation -$55K $82K $264K $60K --
Change in Accounts Receivable $1.2M $103K -$614K -$2.7M --
Change in Inventories $720K -$173K $1.6M $1.5M --
Cash From Operations $1.7M $1.6M $521K -$2.2M --
 
Capital Expenditures $2.3M $381K $381K $252K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$2.3M -$381K -$381K -$245K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $2.1M -- $153K -- --
Long-Term Debt Repaid -$310K -$1.2M -$204K $2.1M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$81K -- -- -- --
Cash From Financing $1.7M -$1.2M -$51K $2.1M --
 
Beginning Cash (CF) $1.5M $692K $192K $740K --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1M -$65K $89K -$394K --
Ending Cash (CF) $2.5M $627K $281K $346K --
 
Levered Free Cash Flow -$667K $1.2M $140K -$2.5M --
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$2.3M $2.1M $1.4M -$3.2M -$631K
Depreciation & Amoritzation $3.3M $3.2M $3.1M $3.1M $2.8M
Stock-Based Compensation $159K $306K $344K $686K $362K
Change in Accounts Receivable -$4M -$480K $2M $3.6M -$2M
Change in Inventories -$2.5M $3.5M -$4M $2.1M $839K
Cash From Operations -$4.3M $4.2M $1.5M $7.6M -$1.7M
 
Capital Expenditures $1.8M $3.3M $2.4M $2.2M $1.8M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.8M -$3.3M -$2.4M -$2.2M -$1.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $23.1M -- $3.6M $1.3M $1.6M
Long-Term Debt Repaid -$16.6M -$3.7M -$3.2M -$6.1M $1.3M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$145K -- -- -- --
Cash From Financing $7.3M -$1.6M $384K -$4.8M $2.9M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.1M -$768K -$500K $548K -$554K
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$6.2M $864K -$884K $5.4M -$3.5M
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 -$812K
Depreciation & Amoritzation $3.1M $3.3M $3.1M $3M $2.2M
Stock-Based Compensation $211K $443K $526K $482K $302K
Change in Accounts Receivable -$1M -$1.6M $1.3M $1.5M $739K
Change in Inventories -$3.5M $2.6M -$2.3M $2M -$658K
Cash From Operations -$1.5M $4.1M $448K $4.9M $508K
 
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 -$1.5M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $7.9M -- $3.7M $1.1M $1.6M
Long-Term Debt Repaid -$2.1M -$4.6M -$2.2M -$3.8M -$814K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$226K -- -$20K -$25K --
Cash From Financing $6.5M -$4.6M $1.6M -$2.7M $825K
 
Beginning Cash (CF) $6.3M $5.4M $2.1M $3M $818K
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.2M -$1.9M -$346K $65K -$160K
Ending Cash (CF) $7.5M $3.6M $1.8M $3M $658K
 
Levered Free Cash Flow -$5.3M $2.7M -$1.9M $2.7M -$992K

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