Airship AI Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	23.05	12.3	14.55	13.04
Revenue Growth (YoY)	87.41%	-15.46%	11.58%	-
Cost of Revenue	12.52	6.54	6.13	6.05
Gross Profit	10.53	5.76	8.42	6.99
Selling, General & Admin	11.23	9.41	7.63	8.9
Research & Development	2.8	2.73	3.61	4.22
Other Operating Expenses	-	-	-1.23	-
Operating Expenses	14.03	12.14	10.01	13.11
Operating Income	-3.51	-6.38	-1.59	-6.12
Interest Expense	-1	-0.06	-0.08	-0.02
Interest & Investment Income	-	-	0.04	0.02
Other Non Operating Income (Expenses)	-33.5	1.33	-	-
EBT Excluding Unusual Items	-38.01	-5.1	-1.62	-6.12
Asset Writedown	-	-0.27	-	-
Other Unusual Items	-19.46	21.74	1.15	1
Pretax Income	-57.46	16.37	-0.48	-5.12
Income Tax Expense	-	-	0.01	-
Net Income	-57.46	16.37	-0.49	-5.12
Net Income to Common	-57.46	16.37	-0.49	-5.12
Shares Outstanding (Basic)	25	14	13	8
Shares Outstanding (Diluted)	25	20	13	8
Shares Change (YoY)	20.57%	52.31%	75.96%	-
EPS (Basic)	-2.34	1.20	-0.04	-0.67
EPS (Diluted)	-2.34	0.80	-0.04	-0.67
Gross Margin	45.67%	46.87%	57.88%	53.59%
Operating Margin	-15.21%	-51.83%	-10.94%	-46.96%
Profit Margin	-249.30%	133.10%	-3.35%	-39.30%
EBITDA	-3.5	-6.36	-1.58	-6.07
EBITDA Margin	-15.20%	-51.71%	-10.83%	-46.56%
D&A For EBITDA	0	0.01	0.01	0.05
EBIT	-3.51	-6.38	-1.59	-6.12
EBIT Margin	-15.21%	-51.83%	-10.94%	-46.96%
Revenue as Reported	23.05	12.3	14.55	13.04

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.