airt: the income statement

MyFinsight

AIR T INC (AIRT)

For the quarter ending 2025-06-30, AIRT made $70,870K in revenue. -$1,636K in net income. Net profit margin of -2.31%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-09-30	2024-06-30
Revenue	70,870	81,242	66,411
General and administrative	15,031	14,202	14,612
Depreciation andamortization	1,284	949	760
Cost of revenue-Overnight Air Cargo Segment	25,899	-	-
Cost of revenue-Ground Equipment Sales Segment	12,303	-	-
Cost of revenue-Digital Solutions	836	-	-
Cost of revenue-Corporate And Other Income	415	-	-
Cost of revenue-Commercial Aircraft Engines And Parts	14,656	-	-
Operating expenses	70,424	-	-
Cost of revenue	-	61,303	50,775
Operating expenses	-	77,343	66,988
Operating income (loss)	446	3,899	-577
Other	678	-784	703
Interest expense	2,314	2,162	1,946
(loss) income from equity method investments	-19	2,346	1,923
Earnout remeasurement income	-402	-	-
Nonoperating income (expense)	-1,253	-600	680
(loss) income before income taxes	-807	3,299	103
Income tax (benefit) expense	-136	336	71
Net (loss) income	-671	2,963	32
Net income attributable to non-controlling interests	965	443	367
Net loss attributable to air t, inc. stockholders	-1,636	2,520	-335

Basic (in dollars per share)	-0.61	0.91	-0.12
Basic (in shares)	2,703,000	2,760,000	2,761,000
Diluted (in dollars per share)	-0.61	0.91	-0.12
Diluted (in shares)	2,703,000	2,760,000	2,761,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)