AIRI
Income statement / Annual
Last year (2023), Air Industries Group's total revenue was $51.52 M,
a decrease of 3.23% from the previous year.
In 2023, Air Industries Group's net income was -$2.13 M.
See Air Industries Group,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$51.52 M
|
$53.24 M
|
$58.94 M
|
$50.10 M
|
$54.57 M
|
$46.31 M
|
$49.87 M
|
$66.92 M
|
$80.44 M
|
$64.33 M
|
| Cost of Revenue |
$44.09 M |
$45.79 M |
$48.69 M |
$43.59 M |
$45.43 M |
$40.90 M |
$45.00 M |
$60.20 M |
$63.16 M |
$50.23 M |
| Gross Profit |
$7.43 M |
$7.45 M |
$10.25 M |
$6.51 M |
$9.14 M |
$5.41 M |
$4.87 M |
$6.72 M |
$17.28 M |
$14.10 M |
| Gross Profit Ratio |
0.14 |
0.14 |
0.17 |
0.13 |
0.17 |
0.12 |
0.1 |
0.1 |
0.21 |
0.22 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$668,000.00
|
$423,000.00
|
$362,000.00
|
$341,000.00
|
$375,000.00
|
| General & Administrative
Expenses |
$7.64 M
|
$6.94 M
|
$7.14 M
|
$7.86 M
|
$8.41 M
|
$8.16 M
|
$11.23 M
|
$17.51 M
|
$16.56 M
|
$11.96 M
|
| Selling & Marketing
Expenses |
$87,000.00
|
$162,000.00
|
$135,000.00
|
$91,000.00
|
$134,000.00
|
$151,000.00
|
$196,000.00
|
$180,000.00
|
$197,000.00
|
$98,000.00
|
| Selling, General &
Administrative Expenses |
$7.72 M
|
$7.10 M
|
$7.27 M
|
$7.95 M
|
$8.54 M
|
$8.31 M
|
$11.43 M
|
$17.51 M
|
$16.56 M
|
$11.96 M
|
| Other Expenses |
$0.00 |
$7.65 M |
$7.77 M |
$7.95 M |
$8.54 M |
$8.84 M |
$11.45 M |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$7.72 M |
$7.65 M |
$7.77 M |
$7.95 M |
$8.54 M |
$8.84 M |
$11.45 M |
$17.51 M |
$16.56 M |
$11.96 M |
| Cost And Expenses |
$51.81 M |
$53.43 M |
$56.45 M |
$51.54 M |
$53.97 M |
$49.73 M |
$56.45 M |
$77.70 M |
$79.72 M |
$62.19 M |
| Interest Income |
$0.00 |
$1.34 M |
$1.27 M |
$1.49 M |
$3.56 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$1.92 M |
$1.34 M |
$1.27 M |
$1.49 M |
$3.56 M |
$3.92 M |
$3.38 M |
$2.60 M |
$1.86 M |
$1.30 M |
| Depreciation &
Amortization |
$2.96 M
|
$3.07 M
|
$3.30 M
|
$3.05 M
|
$3.47 M
|
$2.88 M
|
$3.64 M
|
$4.17 M
|
$4.35 M
|
$3.53 M
|
| EBITDA |
$2.75 M
|
$3.33 M
|
$6.19 M
|
$4.46 M
|
$4.47 M
|
-$1.76 M
|
-$9.25 M
|
-$6.10 M
|
$5.08 M
|
$5.67 M
|
| EBITDA Ratio |
0.05 |
0.06 |
0.1 |
0.04 |
0.09 |
-0.01 |
-0.06 |
-0.09 |
0.06 |
0.09 |
| Operating Income Ratio
|
-0.01
|
-0
|
0.04
|
-0.02
|
0.02
|
-0.07
|
-0.13
|
-0.16
|
0.01
|
0.03
|
| Total Other
Income/Expenses Net |
-$1.84 M
|
-$882,000.00
|
-$860,000.00
|
$1.35 M
|
-$2.89 M
|
-$3.64 M
|
-$3.51 M
|
-$2.63 M
|
-$1.74 M
|
-$1.44 M
|
| Income Before Tax |
-$2.13 M |
-$1.08 M |
$1.63 M |
-$86,000.00 |
-$2.56 M |
-$9.61 M |
-$16.07 M |
-$13.51 M |
-$1.12 M |
$299,000.00 |
| Income Before Tax Ratio
|
-0.04
|
-0.02
|
0.03
|
-0
|
-0.05
|
-0.21
|
-0.32
|
-0.2
|
-0.01
|
0
|
| Income Tax Expense |
$0.00 |
-$317,000.00 |
$1.67 M |
-$1.41 M |
$37,000.00 |
$3,000.00 |
-$197,000.00 |
$2.11 M |
-$286,000.00 |
-$368,000.00 |
| Net Income |
-$2.13 M |
-$759,000.00 |
-$43,000.00 |
$1.10 M |
-$2.60 M |
-$9.61 M |
-$15.87 M |
-$15.62 M |
-$832,000.00 |
$667,000.00 |
| Net Income Ratio |
-0.04 |
-0.01 |
-0 |
0.02 |
-0.05 |
-0.21 |
-0.32 |
-0.23 |
-0.01 |
0.01 |
| EPS |
-0.65 |
-0.24 |
-0.0134 |
0.36 |
-0.9 |
-3.6 |
-12 |
-20.61 |
-1.11 |
1 |
| EPS Diluted |
-0.65 |
-0.24 |
-0.0118 |
0.3 |
-0.9 |
-3.57 |
-12 |
-20.61 |
-1.11 |
1 |
| Weighted Average Shares
Out |
$3.28 M
|
$3.23 M
|
$3.20 M
|
$3.07 M
|
$2.89 M
|
$2.67 M
|
$1.32 M
|
$757,941.00
|
$747,822.00
|
$659,175.00
|
| Weighted Average Shares
Out Diluted |
$3.28 M
|
$3.23 M
|
$3.64 M
|
$3.67 M
|
$2.89 M
|
$2.69 M
|
$1.32 M
|
$757,941.00
|
$747,822.00
|
$691,568.00
|
| Link |
|
|
|
|
|
|
|
|
|
|
