Air T Inc. operates in two industry segments, providing air cargo services to the air express delivery industry. The Company operates wholly owned subsidiaries in three core industry segments: overnight air cargo, comprised of Mountain Air Cargo, Inc. and CSA Air subsidiaries, which operates in the air express delivery services industry; ground equipment sales, comprised of Global Ground Support (GGS) subsidiary, which manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers; and ground support services, comprised of our Global Aviation Services (GAS) subsidiary, which provides ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers.

Type
Public
HQ
Maiden, US
Founded
1980
Size (employees)
576 (est)
Website
airt.net
Air T was founded in 1980 and is headquartered in Maiden, US
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Air T Office Locations

Air T has an office in Maiden
Maiden, US (HQ)
3524 Airport Rd
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Air T Financials and Metrics

Air T Financials

Air T's revenue was reported to be $148.21 m in FY, 2016 which is a 32.1% increase from the previous period.
USD

Revenue (Q2, 2018)

48.9 m

Net income (Q2, 2018)

478.5 k

EBIT (Q2, 2018)

475.7 k

Market capitalization (14-Jun-2018)

68.8 m

Closing share price (14-Jun-2018)

33.7

Cash (30-Sep-2017)

1.4 m

EV

87.7 m
Air T's current market capitalization is $68.8 m.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

100.8 m112.2 m148.2 m

Revenue growth, %

11%32%

General and administrative expense

18.1 m

R&D expense

777.9 k
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

29.8 m21.8 m34.6 m30.9 m17.4 m18.7 m16.6 m17.2 m35.8 m47.7 m48.9 m

General and administrative expense

2.8 m3.8 m3.2 m3.7 m3.7 m3.8 m3.7 m4.6 m5.8 m5.1 m5 m6.6 m7.3 m

R&D expense

216 k511 k239.9 k107.6 k195.7 k

Operating expense total

2.8 m3.8 m3.2 m3.7 m3.7 m3.8 m3.7 m4.8 m6.3 m5.4 m5.1 m6.8 m7.3 m
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

3.8 m14.2 m5.3 m

Accounts Receivable

378 k

Inventories

12.2 m7.8 m12.3 m

Current Assets

31.2 m38.7 m39 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

3.7 m6.9 m3.5 m209.2 k8.8 m8.4 m4.2 m5.3 m4 m2.2 m1.6 m1.9 m1.4 m

Accounts Receivable

20.8 m20 m

Inventories

13.1 m11.8 m15 m8.9 m8 m11.5 m9.9 m11.6 m15.2 m17.7 m20.9 m25.4 m18.1 m

Current Assets

32.5 m30.5 m32.3 m32.7 m37.5 m33.8 m35.9 m38.1 m39.5 m49.7 m46 m53.9 m47 m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

1.5 m2.5 m3.8 m

Depreciation and Amortization

752.4 k856.9 k1.3 m

Inventories

(4 m)4.9 m(878 k)

Accounts Payable

684.7 k(1.7 m)605.9 k
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

456.1 k454.9 k72.8 k1.8 m1.4 m72.8 k3.8 m3.3 m(8 m)1.1 m(5.2 m)

Depreciation and Amortization

181.4 k214.6 k216.5 k222.6 k221.7 k34.5 k34.6 k37.1 k

Inventories

11.5 m9.9 m11.6 m(8.6 m)

Accounts Payable

5.4 m7.7 m5.6 m8.9 m10.4 m1.6 m
USDY, 2017

EV/EBIT

184.4 x

Revenue/Employee

84.8 k

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

3 x
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