AirNet Technology Inc. (ANTE)

AirNet Technology 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	0.85	0.85	2.67	9.07	23.43	26.02
Revenue Growth (YoY)	-90.69%	-68.39%	-70.54%	-61.28%	-9.95%	6.01%
Cost of Revenue	1.38	1.38	3.11	12.65	19.59	33.59
Gross Profit	-0.53	-0.53	-0.44	-3.58	3.85	-7.57
Selling, General & Admin	3.29	3.29	6.89	9.85	12.34	24.65
Research & Development	0.04	0.04	0.04	0.37	0.72	1.16
Operating Expenses	3.33	3.33	6.93	10.21	13.06	25.81
Operating Income	-3.86	-3.86	-7.37	-13.8	-9.22	-33.38
Interest Expense / Income	0.32	0.32	0.84	2.88	0.74	0.44
Other Expense / Income	-3.6	-3.6	5.11	0.37	-7.25	-3.03
Pretax Income	-0.57	-0.57	-13.32	-17.05	-2.71	-30.79
Income Tax	0	0	0.02	0.28	-10.24	0.69
Net Income	-0.57	-0.57	-13.34	-17.34	7.53	-31.48
Shares Outstanding (Basic)	7	7	8	4	3	3
Shares Outstanding (Diluted)	7	7	8	4	3	3
Shares Change	49.66%	-15.79%	77.72%	39.61%	0.10%	0.01%
EPS (Basic)	-0.09	-0.09	-1.71	-3.95	2.39	-10.00
EPS (Diluted)	-0.09	-0.09	-1.71	-3.95	2.39	-10.00
Free Cash Flow	-1.82	-1.82	0.61	-4.98	-8.36	-17.72
Free Cash Flow Per Share	-0.28	-0.28	0.08	-1.13	-2.66	-5.64
Gross Margin	-62.84%	-62.84%	-16.50%	-39.47%	16.41%	-29.07%
Operating Margin	-456.33%	-456.33%	-275.72%	-152.04%	-39.34%	-128.26%
Profit Margin	-67.93%	-67.93%	-498.88%	-191.06%	32.12%	-120.96%
Free Cash Flow Margin	-215.03%	-215.03%	22.97%	-54.83%	-35.67%	-68.10%
EBITDA	0.72	0.72	-11.66	-11.61	0.31	-28.47
EBITDA Margin	85.68%	85.68%	-436.14%	-127.92%	1.34%	-109.42%
Depreciation & Amortization	0.98	0.98	0.83	2.56	2.28	1.88
EBIT	-0.25	-0.25	-12.48	-14.17	-1.97	-30.35
EBIT Margin	-29.94%	-29.94%	-467.00%	-156.14%	-8.39%	-116.63%

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).