Air T, Inc.AA

Air T, Inc.

17.85USDR
+0.15+0.85%
At close at Mar 13, 20:00 GMT
USD
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AIRT fundamentals

Key facts

Market capitalization‪48.66 M‬USD
Basic EPS (TTM)−0.29USD
Founded1980
CEONicholas John Swenson
Websiteairt.net
About

Air T, Inc. is a holding company, which engages in the provision of overnight air freight service to the express delivery industry, manufactures and sells aircraft deicers and other industrial equipment, and provides ground support equipment and facilities maintenance to airlines. It operates through the following segments: Overnight Air Cargo, Ground Equipment Sales, Ground Support Services, Printing Equipment & Maintenance, Commercial Aircrafts Engines & Parts, Printing Equipment & Maintenance and Corporate & Other. The Overnight Air Cargo segment operates in the air express delivery services industry. The Ground Equipment Sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers. The Ground Support Services segment offers ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. The Commercial Aircrafts, Engines & Parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly, part-out services, and commercial aircraft parts sales. The Printing Equipment & Maintenance segment designs, manufactures, and sells advanced digital print production equipment and provides maintenance services to commercial customers. The Corporate & Other segment acts as the capital allocator and resource for other segments. The company was founded in 1980 and is headquartered in Charlotte, NC.

Ownership
‪‪2.73 M‬‬
Closely held shares
‪‪1.40 M‬‬ (51.35%)
Free Float shares
‪‪1.33 M‬‬ (48.65%)
Closely held shares
‪‪1.40 M‬‬ (51.35%)
Free Float shares
‪‪1.33 M‬‬ (48.65%)
Capital structure
Market cap
‪‪48.66 M‬‬
Debt
‪‪142.00 M‬‬
Minority interest
‪‪8.89 M‬‬
Cash & equivalents
‪‪19.95 M‬‬
Enterprise value
‪‪179.60 M‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪48.66 M‬‬
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.16x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.16x
Valuation ratios
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪0.06‬
‪0.12‬
‪0.18‬
‪0.24‬
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−5.0%‬
‪−2.5%‬
‪0.0%‬
‪2.5%‬
‪5.0%‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−30.00 M‬‬
‪0.00‬
‪‪30.00 M‬‬
‪‪60.00 M‬‬
‪‪90.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪‪−30.00 M‬‬
‪0.00‬
‪‪30.00 M‬‬
‪‪60.00 M‬‬
‪‪90.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪‪−30.00 M‬‬
‪0.00‬
‪‪30.00 M‬‬
‪‪60.00 M‬‬
‪‪90.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Commercial Jet Engines and Parts
Overnight Air Cargo
Ground Equipment
Corporate and Other
By country
Period: 2023
United States
Foreign

Dividends

Dividend yield, history and sustainability

AIRT does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

Financial position and solvency of the company

Debt level and coverage
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−50.00 M‬‬
‪0.00‬
‪‪50.00 M‬‬
‪‪100.00 M‬‬
‪‪150.00 M‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪35.00 M‬‬
‪‪70.00 M‬‬
‪‪105.00 M‬‬
‪‪140.00 M‬‬
Assets
Liabilities