AIRO Group Holdings (AIRO) Income Statement: Revenue & Earnings

AIRO Group Holdings Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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AIRO Group Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	86.94	43.25	17.08	11.78
Cost of Revenue	28.62	18.34	12.95	8.30
Gross Profit	58.32	24.91	4.13	3.48
Operating Expenses
Research & Development	13.13	11.87	9.30	1.15
Selling, General & Administrative	24.62	22.98	21.83	4.90
Operating Expenses	37.76	34.85	31.13	6.05
Operating Income	20.56	-9.93	-27.00	-2.57
Other Income/Expense
Interest Income	0.27	0.26	0.00	0.00
Interest Expense	14.23	-1.70	3.62	3.39
Other Income/Expense	-35.82	-0.77	-6.15	-14.55
Income
Income Before Tax	-29.49	-30.16	-36.76	-20.52
Income Tax Expense	9.21	2.29	-11.21	0.01
Net Income	-38.69	-32.46	-25.55	-20.53
Net Income - Continuous Operations	-38.69	-32.46	-25.55	-20.53
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00
EBITDA	-2.27	2.80	-23.10	-16.07
EBIT	-15.26	-9.93	-33.15	-17.13
Depreciation & Amortization	12.99	12.73	10.05	1.05
Earnings Per Share
Basic EPS	-2.00	-2.00	-1.00	-1.00
Diluted EPS	-2.00	-2.00	-1.00	-1.00
Basic Shares Outstanding	24.89	16.39	24.89	24.89
Diluted Shares Outstanding	24.89	16.39	24.89	24.89