AIRO Group Holdings, Inc. (AIRO)

AIRO Group Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	99.76	86.94	43.25	17.08
Revenue Growth (YoY)	130.64%	100.99%	153.23%	-
Cost of Revenue	33.74	28.62	18.34	12.95
Gross Profit	66.02	58.32	24.91	4.13
Selling, General & Admin	50.49	24.62	22.98	21.83
Research & Development	14.58	13.13	11.87	9.3
Operating Expenses	65.07	37.76	34.85	31.13
Operating Income	0.95	20.56	-9.93	-27
Interest Expense	-10.59	-2.56	-1.7	-3.62
Interest & Investment Income	0.27	0.27	0.26	-
Other Non Operating Income (Expenses)	1.44	-1.71	-0.77	-0
EBT Excluding Unusual Items	-7.94	16.57	-12.15	-30.61
Impairment of Goodwill	-37.99	-37.99	-	-
Other Unusual Items	28.87	-8.06	-18.01	-6.15
Pretax Income	-17.06	-29.49	-30.16	-36.76
Income Tax Expense	10.12	9.21	2.29	-11.21
Net Income	-27.19	-38.69	-32.46	-25.55
Net Income to Common	-27.19	-38.69	-32.46	-25.55
Shares Outstanding (Basic)	17	16	16	12
Shares Outstanding (Diluted)	17	16	16	12
Shares Change (YoY)	3.23%	-	33.95%	-
EPS (Basic)	-1.61	-2.36	-1.98	-2.09
EPS (Diluted)	-1.61	-2.36	-1.98	-2.09
Free Cash Flow	-2.84	20.7	21.27	-5.41
Free Cash Flow Per Share	-0.17	1.26	1.30	-0.44
Gross Margin	66.18%	67.08%	57.60%	24.16%
Operating Margin	0.95%	23.65%	-22.96%	-158.06%
Profit Margin	-27.25%	-44.51%	-75.04%	-149.59%
Free Cash Flow Margin	-2.85%	23.81%	49.18%	-31.64%
EBITDA	13.37	33.2	2.8	-17.44
EBITDA Margin	13.40%	38.19%	6.47%	-102.10%
D&A For EBITDA	12.42	12.64	12.73	9.56
EBIT	0.95	20.56	-9.93	-27
EBIT Margin	0.95%	23.65%	-22.96%	-158.06%
Advertising Expenses	-	0.1	0.1	0.2

Updated May 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q