AIRO Group Holdings, Inc. (AIRO)

AIRO Group Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-4.82	-38.69	-32.46	-25.55
Depreciation & Amortization	12.59	12.99	13.25	10.05
Loss (Gain) From Sale of Assets	-	-	-	0.01
Asset Writedown & Restructuring Costs	-	37.99	-	0.19
Stock-Based Compensation	19.98	0.72	2.29	3.56
Provision & Write-off of Bad Debts	-0.02	-0.04	0.01	-0.04
Other Operating Activities	-24.18	9.18	19.62	-3.15
Change in Accounts Receivable	6.14	-7.91	0.28	0.03
Change in Inventory	-8.3	-6.36	-0.66	2.81
Change in Accounts Payable	-13.13	13.88	8.91	4.49
Change in Unearned Revenue	-0.33	-0.08	10.25	-1
Change in Other Net Operating Assets	-0.51	-0.19	0.61	3.27
Operating Cash Flow	-12.58	21.49	22.11	-5.33
Operating Cash Flow Growth	-	-2.81%	-	-
Capital Expenditures	-2.25	-0.79	-0.84	-0.08
Sale of Property, Plant & Equipment	-	-	-	0.13
Cash Acquisitions	-	-	-	0.87
Investing Cash Flow	-2.25	-0.79	-0.84	0.92
Short-Term Debt Issued	-	1.37	1.58	2.7
Long-Term Debt Issued	-	6.95	1.18	3.07
Total Debt Issued	13.93	8.32	2.76	5.77
Short-Term Debt Repaid	-	-0.67	-2.05	-0.62
Long-Term Debt Repaid	-	-1.54	-0.8	-0.61
Total Debt Repaid	-22.29	-2.21	-2.84	-1.22
Net Debt Issued (Repaid)	-8.36	6.11	-0.08	4.55
Issuance of Common Stock	141.67	-	-	0.3
Other Financing Activities	-25.06	-16.69	-9.21	-0.09
Financing Cash Flow	88.24	-10.58	-9.29	4.75
Foreign Exchange Rate Adjustments	1.33	-2.3	0.29	0.42
Net Cash Flow	74.75	7.81	12.27	0.77
Free Cash Flow	-14.83	20.7	21.27	-5.41
Free Cash Flow Growth	-	-2.70%	-	-
Free Cash Flow Margin	-18.00%	23.81%	49.18%	-31.64%
Free Cash Flow Per Share	-0.74	1.26	1.30	-0.44
Levered Free Cash Flow	-19.65	10.79	35.45	-
Unlevered Free Cash Flow	-14.12	12.39	36.51	-
Change in Working Capital	-16.13	-0.66	19.39	9.61

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q