Air T Past Earnings Performance
Past criteria checks 0/6
Air T's earnings have been declining at an average annual rate of -37.1%, while the Logistics industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 3.9% per year.
Key information
-37.1%
Earnings growth rate
-37.5%
EPS growth rate
| Logistics Industry Growth | 19.0% |
| Revenue growth rate | 3.9% |
| Return on equity | -64.2% |
| Net Margin | -4.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce
Mar 27
Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?
Mar 21Is Air T (NASDAQ:AIRT) Using Too Much Debt?
Nov 16Returns At Air T (NASDAQ:AIRT) Appear To Be Weighed Down
Apr 09Air T GAAP EPS of -$0.50, revenue of $50.9M
Aug 12There Are Some Holes In Air T's (NASDAQ:AIRT) Solid Earnings Release
Nov 19Is Air T (NASDAQ:AIRT) A Risky Investment?
Jul 22Is Air T (NASDAQ:AIRT) Weighed On By Its Debt Load?
Mar 01The Air T (NASDAQ:AIRT) Share Price Is Up 78% And Shareholders Are Holding On
Jan 08
BABA, FUBO, GEVO and NLTX among midday movers
Dec 24How Many Air T, Inc. (NASDAQ:AIRT) Shares Did Insiders Buy, In The Last Year?
Dec 13Revenue & Expenses BreakdownBeta
How Air T makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 289 | -14 | 51 | 0 |
| 30 Sep 23 | 286 | -12 | 49 | 0 |
| 30 Jun 23 | 268 | -11 | 46 | 0 |
| 31 Mar 23 | 247 | -12 | 45 | 0 |
| 31 Dec 22 | 224 | 1 | 38 | 0 |
| 30 Sep 22 | 208 | 0 | 35 | 0 |
| 30 Jun 22 | 191 | 9 | 33 | 0 |
| 31 Mar 22 | 177 | 11 | 30 | 0 |
| 31 Dec 21 | 172 | 1 | 35 | 0 |
| 30 Sep 21 | 183 | 4 | 34 | 0 |
| 30 Jun 21 | 175 | -6 | 35 | 0 |
| 31 Mar 21 | 175 | -7 | 34 | 0 |
| 31 Dec 20 | 194 | -1 | 36 | 0 |
| 30 Sep 20 | 211 | -3 | 37 | 0 |
| 30 Jun 20 | 227 | -3 | 38 | 0 |
| 31 Mar 20 | 237 | 0 | 40 | 0 |
| 31 Dec 19 | 239 | 1 | 38 | 0 |
| 30 Sep 19 | 221 | -1 | 37 | 0 |
| 30 Jun 19 | 211 | 1 | 36 | 0 |
| 31 Mar 19 | 216 | 2 | 34 | 0 |
| 31 Dec 18 | 202 | 2 | 32 | 0 |
| 30 Sep 18 | 191 | 3 | 31 | 0 |
| 30 Jun 18 | 199 | 4 | 30 | 0 |
| 31 Mar 18 | 195 | 2 | 29 | 0 |
| 31 Dec 17 | 185 | 1 | 27 | 0 |
| 30 Sep 17 | 176 | 3 | 25 | 0 |
| 30 Jun 17 | 166 | 4 | 23 | 1 |
| 31 Mar 17 | 148 | -3 | 22 | 1 |
| 31 Dec 16 | 139 | -5 | 22 | 1 |
| 30 Sep 16 | 150 | -3 | 22 | 2 |
| 30 Jun 16 | 156 | -1 | 20 | 1 |
| 31 Mar 16 | 148 | 4 | 18 | 1 |
| 31 Dec 15 | 139 | 5 | 16 | 0 |
| 30 Sep 15 | 123 | 4 | 15 | 0 |
| 30 Jun 15 | 113 | 2 | 15 | 0 |
| 31 Mar 15 | 112 | 2 | 14 | 0 |
| 31 Dec 14 | 113 | 4 | 15 | 0 |
| 30 Sep 14 | 112 | 3 | 14 | 0 |
| 30 Jun 14 | 101 | 1 | 13 | 0 |
| 31 Mar 14 | 101 | 1 | 13 | 0 |
| 31 Dec 13 | 106 | 1 | 12 | 0 |
| 30 Sep 13 | 103 | 2 | 12 | 0 |
| 30 Jun 13 | 100 | 1 | 12 | 0 |
Quality Earnings: AIRT is currently unprofitable.
Growing Profit Margin: AIRT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AIRT is unprofitable, and losses have increased over the past 5 years at a rate of 37.1% per year.
Accelerating Growth: Unable to compare AIRT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AIRT is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-44.8%).
Return on Equity
High ROE: AIRT has a negative Return on Equity (-64.16%), as it is currently unprofitable.