Air Industries Group (AIRI)

Air Industries Group Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	53.03	51.52	53.24	58.94	50.1	54.57
Revenue Growth (YoY)	-1.30%	-3.23%	-9.67%	17.65%	-8.20%	22.55%
Cost of Revenue	45.57	44.09	45.79	48.69	43.59	45.43
Gross Profit	7.45	7.43	7.45	10.25	6.51	9.14
Selling, General & Admin	7.85	7.72	7.65	7.77	7.95	8.54
Other Operating Expenses	0	0	0	0	0	0.28
Operating Expenses	7.85	7.72	7.65	7.77	7.95	8.81
Operating Income	-0.4	-0.3	-0.19	2.49	-1.44	0.33
Interest Expense / Income	1.91	1.92	1.34	1.27	1.49	3.56
Other Expense / Income	-0.08	-0.08	-0.46	-0.41	-2.61	-0.54
Pretax Income	-2.22	-2.13	-1.08	1.63	-0.32	-2.7
Income Tax	0	0	0	0	-1.41	0.04
Net Income	-2.22	-2.13	-1.08	1.63	1.1	-2.73
Net Income Growth	-	-	-	48.45%	-	-
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	4	4	3
Shares Change	1.72%	1.59%	-11.40%	-0.88%	27.36%	7.27%
EPS (Basic)	-0.67	-0.65	-0.33	0.51	0.30	-0.90
EPS (Diluted)	-0.67	-0.65	-0.33	0.45	0.40	-0.90
EPS Growth	-	-	-	12.50%	-	-
Free Cash Flow	1.94	2.75	-1.91	2.7	-5.32	-1.65
Free Cash Flow Per Share	0.59	0.84	-0.59	0.84	-1.73	-0.57
Gross Margin	14.06%	14.42%	14.00%	17.40%	13.00%	16.75%
Operating Margin	-0.75%	-0.57%	-0.36%	4.22%	-2.87%	0.60%
Profit Margin	-4.18%	-4.14%	-2.02%	2.76%	2.19%	-5.01%
Free Cash Flow Margin	3.66%	5.34%	-3.59%	4.58%	-10.62%	-3.03%
EBITDA	2.61	2.75	3.33	6.19	4.23	4.34
EBITDA Margin	4.92%	5.33%	6.25%	10.50%	8.44%	7.95%
Depreciation & Amortization	2.92	2.96	3.07	3.3	3.05	3.47
EBIT	-0.31	-0.21	0.26	2.89	1.18	0.87
EBIT Margin	-0.59%	-0.41%	0.49%	4.91%	2.35%	1.59%

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).