Air T, Inc. (AIRT)

Air T Cash Flow Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	0.81	-5.41	-4.68	-11.79	12.23	-16.79
Depreciation & Amortization	3.75	4.36	2.8	4.16	1.86	3.11
Other Adjustments	-0.38	2.13	0.8	7.15	-6.69	5.95
Change in Receivables	-6.95	-1.81	4.05	-6.29	-12.65	6.07
Changes in Inventories	13.34	20.63	9.1	10.16	-17.6	-0.13
Changes in Accounts Payable	-3.3	2.71	4.62	0.99	1.05	-2.52
Changes in Accrued Expenses	4.22	1.09	2.38	-0.89	-0.49	-0.34
Changes in Other Operating Activities	1.44	-0.2	-1.89	13.41	-10.79	-5.57
Operating Cash Flow	13.41	23.5	17.18	16.91	-33.08	-1.82
Operating Cash Flow Growth	-	36.78%	1.59%	-	-	-
Capital Expenditures	-8.63	-15.68	-1.08	-1.18	-1.56	-6.01
Sale of Property, Plant & Equipment	19.89	-	-	-	-	8.18
Purchases of Investments	-24.34	-7.03	-4.63	-3.06	-6.8	-0.66
Proceeds from Sale of Investments	5.73	6.03	3.19	0.68	0.82	2.45
Payments for Business Acquisitions	-8.72	-	-	-2.5	-26.21	-0.54
Other Investing Activities	-4.57	-3.51	0.02	-0.11	0.36	-0.92
Investing Cash Flow	-19.52	-20.19	-2.5	-6.17	-33.39	2.52
Short-Term Debt Issued	144.85	136.52	124.25	139.33	99.36	66.38
Short-Term Debt Repaid	-135.74	-131.38	-141.96	-132.96	-84.55	-105.55
Net Short-Term Debt Issued (Repaid)	9.11	5.14	-17.71	6.37	14.81	-39.17
Long-Term Debt Issued	78.42	25.79	33.63	10.63	45.51	68.83
Long-Term Debt Repaid	-39.89	-35.04	-28.34	-27.85	-3.81	-27.28
Net Long-Term Debt Issued (Repaid)	11.3	-9.25	5.29	-17.22	41.7	41.56
Repurchase of Common Stock	-	-1.45	-0.88	-	-	-
Net Common Stock Issued (Repurchased)	-	-1.45	-0.88	-	-	-
Other Financing Activities	-1.57	0.76	-0.62	-1.53	2.75	-2.32
Financing Cash Flow	19.23	-4.8	-13.91	-12.38	59.25	0.07
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.46	0.41	-0.02	0.36	-0.34	-0.41
Net Cash Flow	13.58	-1.09	0.75	-1.28	-7.56	0.36
Free Cash Flow	-25.47	7.82	16.1	15.73	-34.64	-7.82
Free Cash Flow Growth	-	-51.45%	2.36%	-	-	-
FCF Margin	-9.54%	2.68%	5.61%	6.36%	-19.56%	-4.47%
Free Cash Flow Per Share	-9.39	2.84	5.72	5.53	-12.00	-2.71
Levered Free Cash Flow	33.55	2.65	-3.3	3.51	39.91	-16.35
Unlevered Free Cash Flow	-17.99	14.97	17.44	22.08	-19.54	-18

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q