Airgain Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	56.04	75.9	64.27	48.5	55.74	60.63	49.52	43.43	27.79	25.51
Revenue Growth (YoY)	-26.16%	18.08%	32.52%	-12.98%	-8.06%	22.42%	14.01%	56.28%	8.95%	-
Cost of Revenue	35.28	47.92	39.67	25.92	30.42	34.11	26.22	24.16	16.15	14.13
Gross Profit	20.76	27.97	24.61	22.59	25.32	26.51	23.3	19.28	11.64	11.38
Selling, General & Admin	22.66	25.21	23.77	16.61	15.96	20.58	15.01	10.2	7.49	6.49
Research & Development	10.51	11.35	10.92	9.16	8.99	9.32	7.32	5.62	4.26	3.31
Other Operating Expenses	0	0	0	0	0	0	0	0	0.23	0.73
Operating Expenses	33.16	36.55	34.69	25.77	24.94	29.9	22.33	15.82	11.98	10.53
Operating Income	-12.4	-8.58	-10.08	-3.18	0.38	-3.39	0.97	3.45	-0.33	0.85
Interest Expense / Income	0	0	0	0	0	0.03	0.1	0.18	0.04	0.04
Other Expense / Income	-0.1	-0.01	2.05	-0.18	-0.71	-0.93	-0.3	-0.47	-0.1	-2.79
Pretax Income	-12.3	-8.58	-12.14	-3.01	1.09	-2.48	1.17	3.74	-0.27	3.59
Income Tax	0.13	0.08	-2.05	0.27	0.16	0.1	0.03	0.01	0	0.01
Net Income	-12.43	-8.66	-10.09	-3.28	0.93	-2.58	1.14	3.73	-0.27	3.59
Preferred Dividends	0	0	0	0	0	0	0	1.54	2.44	2.43
Net Income Common	-12.43	-8.66	-10.09	-3.28	0.93	-2.58	1.14	2.2	-2.72	1.16
Net Income Growth	-	-	-	-	-	-	-48.06%	-	-	-
Shares Outstanding (Basic)	10	10	10	10	10	10	9	3	1	1
Shares Outstanding (Diluted)	10	10	10	10	10	10	10	5	1	1
Shares Change	1.98%	1.71%	3.14%	-3.79%	6.05%	-8.11%	121.98%	616.32%	17.23%	-
EPS (Basic)	-1.20	-0.85	-1.01	-0.34	0.10	-0.27	0.12	0.65	-4.17	2.08
EPS (Diluted)	-1.20	-0.85	-1.01	-0.34	0.09	-0.27	0.11	0.40	-4.30	-2.86
EPS Growth	-	-	-	-	-	-	-72.50%	-	-	-
Free Cash Flow	-3.65	3.7	-11.91	2.98	1.15	0.39	-0.52	4.39	1.72	0.7
Free Cash Flow Per Share	-0.35	0.36	-1.19	0.31	0.12	0.04	-0.06	1.30	2.63	1.26
Gross Margin	37.05%	36.86%	38.29%	46.57%	45.43%	43.73%	47.05%	44.38%	41.90%	44.60%
Operating Margin	-22.13%	-11.31%	-15.69%	-6.56%	0.68%	-5.59%	1.96%	7.95%	-1.19%	3.33%
Profit Margin	-22.18%	-11.41%	-15.69%	-6.76%	1.66%	-4.26%	2.30%	5.06%	-9.77%	4.53%
Free Cash Flow Margin	-6.51%	4.87%	-18.52%	6.14%	2.07%	0.64%	-1.05%	10.12%	6.17%	2.74%
Effective Tax Rate	-	-	-	-	14.97%	-	2.23%	0.22%	-	0.17%
EBITDA	-8.67	-4.87	-8.59	-1.91	2.24	-1.19	2.28	4.79	0.24	4.01
EBITDA Margin	-15.47%	-6.42%	-13.36%	-3.95%	4.01%	-1.96%	4.61%	11.03%	0.87%	15.71%
Depreciation & Amortization	3.63	3.7	3.55	1.09	1.15	1.26	1.02	0.87	0.47	0.37
EBIT	-12.3	-8.58	-12.14	-3.01	1.09	-2.45	1.27	3.92	-0.23	3.64
EBIT Margin	-21.95%	-11.30%	-18.88%	-6.20%	1.95%	-4.04%	2.56%	9.03%	-0.83%	14.26%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).