Air T, Inc. (the “Company,” “Air T,” “we” or “us” or “our”) is a holding company with a portfolio of operating businesses and financial assets. Our goal is to prudently and strategically grow Air T’s earnings power, compounding its free-cash-flow per share over time. We currently operate in four core industry segments: •Overnight air cargo, which operates in the air express delivery services industry; •Ground support equipment (formerly known as Ground equipment sales), which manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers; •Commercial aircraft, engines and parts (formerly known as Commercial jet engines and parts), which manages and leases aviation assets; supplies surplus and aftermarket commercial jet engine components; provides commercial aircraft disassembly/part-out services; commercial aircraft parts sales; procurement services and overhaul and repair services to ai
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 272M | 292M | 287M | 247M | 177M | 175M |
| Net Income | -6.8M | -6.1M | -6.8M | -12M | 11M | -7.3M |
| EPS | $-2.45 | $-2.23 | $-2.42 | $-4.32 | $3.78 | $-2.53 |
| Free Cash Flow | -22M | 22M | 16M | 16M | -35M | -5.7M |
| ROIC | -0.3% | 1.9% | 1.2% | -12.5% | 4.9% | -7.6% |
| Gross Margin | 61.8% | 64.1% | 65.4% | 67.8% | - | 66.7% |
| Debt/Equity | 0.00 | -35.90 | 23.24 | 11.55 | 5.85 | 6.99 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -655K | 1.9M | 1.3M | -4.4M | 8.8M | -9.2M |
| Operating Margin | -0.2% | 0.7% | 0.4% | -1.8% | 4.9% | -5.2% |
| ROE | 0.0% | -790.2% | -143.0% | -103.3% | 44.4% | -53.0% |
| Shares Outstanding | 3M | 3M | 3M | 3M | 3M | 3M |
AIR T INC passes 3 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 66.0%. Total shareholder yield (buybacks) is 2.4%. At current prices, the estimated annualized return to fair value is +19.7%.
AIR T INC (AIRT) has a 5-year average return on invested capital (ROIC) of -2.4%. This is below average and may indicate limited pricing power.
AIR T INC (AIRT) has a market capitalization of $61M. It is classified as a small-cap stock.
AIR T INC (AIRT) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 2.39%.
AIR T INC (AIRT) operates in the Air Courier Services industry, within the Industrials sector.
AIR T INC (AIRT) reported annual revenue of $292 million in its most recent fiscal year, based on SEC EDGAR filings.
AIR T INC (AIRT) has a net profit margin of -2.1%. The company is currently unprofitable.
AIR T INC (AIRT) generated $22 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
AIR T INC (AIRT) reported earnings per share (EPS) of $-2.23 in its most recent fiscal year.
AIR T INC (AIRT) has a return on equity (ROE) of -790.2%. A negative ROE may indicate losses or negative equity.
AIR T INC (AIRT) has a 5-year average gross margin of 66.0%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 15 years of financial data for AIR T INC (AIRT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
AIR T INC (AIRT) has a book value per share of $-1.17, based on its most recent annual SEC filing.
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