Air T
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Air T's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $286,834,000. The net income raised on -$6,819,000 and profit margin reached -2%. Total operating expenses were $55,221,000.
Profit Margin
| 2015 | 112.18M | 2.48M | 2.21% |
|---|---|---|---|
| 2016 | 148.21M | 4.94M | 3.34% |
| 2017 | 148.47M | -3.21M | -2.16% |
| 2018 | 194.51M | 2.27M | 1.17% |
| 2019 | 249.83M | 1.33M | 0.54% |
| 2020 | 236.78M | 3.16M | 1.34% |
| 2021 | 175.12M | -8.39M | -4.79% |
| 2022 | 177.07M | 10.92M | 6.17% |
| 2023 | 247.32M | -11.78M | -4.77% |
| 2024 | 286.83M | -6.81M | -2.38% |
AIRTP Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 286.83M | 247.32M | 177.07M | 175.12M | 236.78M | 249.83M | 194.51M | 148.47M | 148.21M | 112.18M |
Cost of revenue | 230.34M | 198.49M | 137.69M | 143.45M | 189.89M | 203.37M | 160.90M | 128.32M | 123.26M | 95.41M |
Gross profit | 56.48M | 48.82M | 39.38M | 31.67M | 46.88M | 46.46M | 33.60M | 20.14M | 24.94M | 16.77M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 195.65K | 1.04M | 777.94K | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 55.22M | 45.38M | 29.81M | 34.26M | 39.61M | 38.37M | 28.80M | 23.22M | 18.91M | 14.22M |
Operating income | 1.26M | 4.42M | 8.75M | -847K | 4.79M | 8.06M | 4.24M | -3.10M | 6.03M | 3.41M |
Other income (expenses), net | -5.21M | -7.47M | 4.64M | -10.93M | -4.64M | 43.30K | -431.64K | -2.50M | 208.45K | -1.77K |
Income before tax | -3.95M | -11.35M | 13.39M | -11.78M | 2.62M | 4.70M | 2.65M | -4.21M | 6.15M | 3.41M |
Income tax expense | 729K | 432K | 1.16M | -3.38M | -544K | 1.50M | 195K | 725K | 2.39M | 931K |
Net income | -6.81M | -11.78M | 10.92M | -8.39M | 3.16M | 1.33M | 2.27M | -3.21M | 4.94M | 2.48M |
Earnings per share | ||||||||||
Basic EPS | -2.42 | -4.14 | 3.79 | -2.92 | 1.14 | 0.44 | 0.74 | -1.01 | 1.39 | 0.7 |
Diluted EPS | -2.42 | -4.14 | 3.78 | -2.91 | 1.13 | 0.44 | 0.74 | -1.01 | 1.37 | 0.7 |
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