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AIRI Quote, Financials, Valuation and Earnings

Last price:
$2.90
Seasonality move :
2.68%
Day range:
$2.88 - $3.00
52-week range:
$2.77 - $4.89
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.22x
P/B ratio:
0.75x
Volume:
21.5K
Avg. volume:
31.1K
1-year change:
-34.18%
Market cap:
$14.2M
Revenue:
$55.1M
EPS (TTM):
-$0.55
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 $49.2M $46.3M $44.7M $46.9M
Gross Profit $6.5M $9.8M $6.9M $6.8M $8.3M
Gross Profit Margin 13% 16.56% 12.97% 13.24% 14.98%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $8M $7.8M $7.6M $7.7M $8.5M
Other Inc / (Exp) $2.8M $405K $456K $84K $68K
Operating Expenses $8M $7.3M $7.1M $7.1M $7.8M
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 -$1.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $1.3M $1.6M -$1.1M -$2.1M -$1.4M
 
Basic EPS (Cont. Ops) $0.36 $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 $3.3M
Weighted Average Diluted Share $3.7M $3.6M $3.2M $3.3M $3.3M
 
EBITDA $1.6M $5.8M $2.9M $2.7M $3.4M
EBIT -$1.4M $2.5M -$194K -$295K $459K
 
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 $2.5M -$194K -$295K $459K
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $14.4M $13.3M $12.3M $12.6M $10.3M
Revenue Growth (YoY) 5.07% -7.5% -7.42% 2.13% -17.89%
 
Cost of Revenues $12.5M $11.2M $11.2M $10.8M $8M
Gross Profit $1.9M $2.1M $1.1M $1.8M $2.3M
Gross Profit Margin 13.17% 15.85% 8.74% 14.1% 22.26%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $1.8M $2.1M $2M $1.9M $2M
Other Inc / (Exp) $88K $12K $13K $11K --
Operating Expenses $1.7M $1.9M $1.9M $1.7M $2M
Operating Income $177K $169K -$796K $67K $316K
 
Net Interest Expenses $331K $323K $516K $482K $466K
EBT. Incl. Unusual Items -$66K -$142K -$1.3M -$404K -$44K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$66K -$142K -$1.3M -$404K -$44K
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$66K -$142K -$1.3M -$404K -$44K
 
Basic EPS (Cont. Ops) -$0.02 -$0.04 -$0.40 -$0.12 -$0.01
Diluted EPS (Cont. Ops) -$0.02 -$0.04 -$0.40 -$0.12 -$0.01
Weighted Average Basic Share $3.2M $3.2M $3.3M $3.3M $4.1M
Weighted Average Diluted Share $3.2M $3.2M $3.3M $3.3M $4.1M
 
EBITDA $989K $905K -$28K $749K $1.1M
EBIT $177K $169K -$796K $67K $316K
 
Revenue (Reported) $14.4M $13.3M $12.3M $12.6M $10.3M
Operating Income (Reported) $177K $169K -$796K $67K $316K
Operating Income (Adjusted) $177K $169K -$796K $67K $316K
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $58M $54.7M $51.9M $53.7M $50M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $50M $44.6M $46.5M $45.7M $41.8M
Gross Profit $8M $10.1M $5.4M $8M $8.3M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $7.7M $8.1M $7.7M $7.5M $9.3M
Other Inc / (Exp) $2.8M $199K $366K $88K --
Operating Expenses $7.2M $7.7M $7.1M $6.8M $8.8M
Operating Income $818K $2.4M -$1.7M $1.1M -$523K
 
Net Interest Expenses $1.3M $1.2M $1.9M $1.9M $1.8M
EBT. Incl. Unusual Items $2.4M -$177K -$3.2M -$631K -$2M
Earnings of Discontinued Ops. -$230K -- -- -- --
Income Tax Expense $2K -- -- -- --
Net Income to Company $2.1M $1.4M -$3.2M -$631K -$2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $2.4M $1.4M -$3.2M -$631K -$2M
 
Basic EPS (Cont. Ops) $0.69 $0.44 -$0.98 -$0.19 -$0.55
Diluted EPS (Cont. Ops) $0.68 $0.44 -$0.98 -$0.19 -$0.55
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $4.1M $5.6M $1.4M $3.9M $2.8M
EBIT $818K $2.4M -$1.7M $1.1M -$523K
 
Revenue (Reported) $58M $54.7M $51.9M $53.7M $50M
Operating Income (Reported) $818K $2.4M -$1.7M $1.1M -$523K
Operating Income (Adjusted) $818K $2.4M -$1.7M $1.1M -$523K
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $43.5M $39.3M $38M $40.2M $35.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $37.5M $33M $33.2M $34.2M $29.1M
Gross Profit $6.1M $6.3M $4.8M $6M $6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $5.8M $6.1M $6.2M $5.9M $6.8M
Other Inc / (Exp) $338K $132K $42K $46K $202K
Operating Expenses $5.4M $5.7M $5.7M $5.4M $6.4M
Operating Income $644K $626K -$882K $560K -$422K
 
Net Interest Expenses $961K $935K $1.5M $1.4M $1.4M
EBT. Incl. Unusual Items $21K -$177K -$2.3M -$812K -$1.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company $21K -$177K -$2.3M -$812K -$1.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $21K -$177K -$2.3M -$812K -$1.5M
 
Basic EPS (Cont. Ops) $0.01 -$0.05 -$0.71 -$0.24 -$0.40
Diluted EPS (Cont. Ops) -$0.01 -$0.05 -$0.71 -$0.24 -$0.40
Weighted Average Basic Share $9.6M $9.7M $9.8M $10M $11.5M
Weighted Average Diluted Share $10.2M $9.7M $9.8M $10M $11.5M
 
EBITDA $3.1M $2.9M $1.4M $2.6M $2M
EBIT $644K $626K -$882K $560K -$422K
 
Revenue (Reported) $43.5M $39.3M $38M $40.2M $35.1M
Operating Income (Reported) $644K $626K -$882K $560K -$422K
Operating Income (Adjusted) $644K $626K -$882K $560K -$422K
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 $753K
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $8.8M $10.5M $9.5M $7.9M $8.9M
Inventory $32.1M $29.5M $31.8M $29.9M $28.8M
Prepaid Expenses $15K $22K $28K $37K $56K
Other Current Assets $173K $226K $307K $297K $371K
Total Current Assets $43.6M $40.9M $42.2M $38.7M $39.2M
 
Property Plant And Equipment $13.1M $11.4M $11.1M $10.9M $11.1M
Long-Term Investments -- -- -- -- --
Goodwill $163K $163K -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $912K $960K $532K $1.1M $712K
Total Assets $57.8M $53.4M $53.8M $50.7M $51M
 
Accounts Payable $7.2M $5.5M $6.4M $5.5M $5.6M
Accrued Expenses $1.4M $1.3M $1.1M $630K $1.1M
Current Portion Of Long-Term Debt $16.5M $14.1M $14.5M $16M $18.4M
Current Portion Of Capital Lease Obligations $701K $686K $778K $880K $881K
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $27.3M $23.4M $23.6M $26.6M $27.4M
 
Long-Term Debt $14.7M $12.5M $13.3M $8.9M $8.6M
Capital Leases -- -- -- -- --
Total Liabilities $42.7M $36M $37M $35.5M $36.1M
 
Common Stock $32K $32K $3K $3K $3K
Other Common Equity Adj -- -- -- -- --
Common Equity $15.1M $17.4M $16.8M $15.2M $14.9M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $15.1M $17.4M $16.8M $15.2M $14.9M
 
Total Liabilities and Equity $57.8M $53.4M $53.8M $50.7M $51M
Cash and Short Terms $2.5M $627K $281K $346K $753K
Total Debt $31.2M $26.6M $27.7M $24.9M $27M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $692K $192K $740K $186K $4.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $10.5M $8.7M $5.2M $7.3M $6.7M
Inventory $29.4M $33.4M $31.3M $30.5M $34.4M
Prepaid Expenses $19K $25K $28K $55K $76K
Other Current Assets $328K $250K $235K $314K --
Total Current Assets $40.9M $42.5M $37.9M $38.6M $45.8M
 
Property Plant And Equipment $11.6M $11.1M $11.3M $11M $11.5M
Long-Term Investments -- -- -- -- --
Goodwill $163K $163K -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $809K $989K $542K $698K --
Total Assets $53.5M $54.8M $49.7M $50.4M $58M
 
Accounts Payable $7M $7M $7.3M $7.1M $9.1M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $14.3M $14.8M $13.9M $17.1M --
Current Portion Of Capital Lease Obligations $664K $754K $854K $890K --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $23.9M $24.2M $25.6M $26.8M $37.6M
 
Long-Term Debt $13.5M $12.8M $9.1M $8.8M $1.5M
Capital Leases -- -- -- -- --
Total Liabilities $37.9M $37.1M $34.8M $35.7M $39.1M
 
Common Stock $32K $3K $3K $3K $5K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $15.6M $17.6M $14.9M $14.7M $18.8M
 
Total Liabilities and Equity $53.5M $54.8M $49.7M $50.4M $58M
Cash and Short Terms $692K $192K $740K $186K $4.1M
Total Debt $27.8M $27.7M $23M $25.9M $23.8M
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 -$1.4M
Depreciation & Amoritzation $3.1M $3.3M $3.1M $3M $2.9M
Stock-Based Compensation $211K $443K $310K $482K $797K
Change in Accounts Receivable -$1M -$1.6M $1.3M $1.5M -$1.1M
Change in Inventories -$3.5M $2.6M -$2.3M $2M $1M
Cash From Operations -$1.5M $4.1M $448K $4.9M $324K
 
Capital Expenditures $3.8M $1.4M $2.4M $2.1M $2.3M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$3.8M -$1.4M -$2.4M -$2.1M -$2.3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $7.9M -- $3.7M $1.1M $3.1M
Long-Term Debt Repaid -$2.1M -$4.6M -$2.2M -$3.8M -$1.1M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$226K -- -$20K -$25K --
Cash From Financing $6.5M -$4.6M $1.6M -$2.7M $2.4M
 
Beginning Cash (CF) $2.5M $627K $281K $346K $753K
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.2M -$1.9M -$346K $65K $407K
Ending Cash (CF) $3.7M -$1.3M -$65K $411K $1.2M
 
Levered Free Cash Flow -$5.3M $2.7M -$1.9M $2.7M -$2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$66K -$142K -$1.3M -$404K -$44K
Depreciation & Amoritzation $812K $736K $768K $682K $931K
Stock-Based Compensation $147K $55K $28K $190K $166K
Change in Accounts Receivable $1.7M $405K $2.9M $324K $238K
Change in Inventories $850K -$420K $1.4M -$1.3M -$4.2M
Cash From Operations $2.7M -$388K $5.7M $174K -$2.6M
 
Capital Expenditures $352K $653K $484K $269K $905K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$352K -$653K -$484K -$269K -$705K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $753K -$93K $290K --
Long-Term Debt Repaid -$2.2M -$430K -$5.2M -$256K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$20K -$25K -- --
Cash From Financing -$2.2M $303K -$5.3M $34K $6.9M
 
Beginning Cash (CF) $692K $192K $740K $186K $4.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $177K -$738K -$97K -$61K $3.5M
Ending Cash (CF) $869K -$546K $643K $125K $7.6M
 
Levered Free Cash Flow $2.3M -$1M $5.2M -$95K -$3.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $2.1M $1.4M -$3.2M -$631K -$2M
Depreciation & Amoritzation $3.2M $3.1M $3.1M $2.7M $3.4M
Stock-Based Compensation $306K $344K $308K $524K $1.3M
Change in Accounts Receivable -$480K $2M $3.6M -$2M $336K
Change in Inventories $3.5M -$4M $2.1M $839K -$3.9M
Cash From Operations $4.2M $1.5M $7.6M -$1.7M -$938K
 
Capital Expenditures $3.3M $2.4M $2.2M $1.8M $3.8M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$3.3M -$2.4M -$2.2M -$1.7M -$3.6M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- $3.6M $1.3M $1.6M --
Long-Term Debt Repaid -$3.7M -$3.2M -$6.1M $1.3M --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$1.6M $384K -$4.8M $2.9M $8.4M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$768K -$500K $548K -$554K $3.9M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $864K -$884K $5.4M -$3.5M -$4.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $21K -$177K -$2.3M -$812K -$1.5M
Depreciation & Amoritzation $2.5M $2.3M $2.3M $2M $2.5M
Stock-Based Compensation $361K $262K $260K $302K $836K
Change in Accounts Receivable -$1.7M $1.9M $4.2M $739K $2.1M
Change in Inventories $2.8M -$3.9M $473K -$658K -$5.6M
Cash From Operations $2.5M -$73K $7.1M $508K -$754K
 
Capital Expenditures $983K $2M $1.9M $1.5M $3M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$983K -$2M -$1.9M -$1.5M -$2.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $3.6M $1.1M $1.6M $1.6M
Long-Term Debt Repaid -$3.3M -$1.9M -$5.9M -$814K -$3.3M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$20K -$25K -- --
Cash From Financing -$3.3M $1.6M -$4.8M $825K $6.9M
 
Beginning Cash (CF) $2.9M $1.5M $2.7M $658K $4.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$1.8M -$435K $459K -$160K $3.3M
Ending Cash (CF) $1.1M $1.1M $3.2M $498K $8.2M
 
Levered Free Cash Flow $1.5M -$2.1M $5.2M -$992K -$3.8M

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