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

Air T Office Locations

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

Air T Financials and Metrics

Air T Financials

Air T's revenue was reported to be $35.8 m in Q3, 2017
USD

Revenue (Q3, 2017)

35.8 m

Net income (Q3, 2017)

(5.2 m)

EBIT (Q3, 2017)

1.6 m

Market capitalization (20-Oct-2017)

38.8 m

Cash (31-Dec-2016)

1.6 m
Air T's current market capitalization is $38.8 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

100.8 m112.2 m148.2 m

Revenue growth, %

11%32%

R&D expense

777.9 k

General and administrative expense

18.1 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

21.8 m34.6 m30.9 m17.4 m18.7 m16.6 m17.2 m35.8 m

R&D expense

216 k511 k239.9 k107.6 k

General and administrative expense

3.2 m3.7 m3.7 m3.8 m3.7 m4.6 m5.8 m5.1 m5 m

Operating expense total

3.2 m3.7 m3.7 m3.8 m3.7 m4.8 m6.3 m5.4 m5.1 m
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
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

3.5 m209.2 k8.8 m8.4 m4.2 m5.3 m4 m2.2 m1.6 m

Inventories

15 m8.9 m8 m11.5 m9.9 m11.6 m15.2 m17.7 m20.9 m

Current Assets

32.3 m32.7 m37.5 m33.8 m35.9 m38.1 m39.5 m49.7 m46 m

PP&E

3 m4.1 m2.8 m2.6 m3.8 m4.5 m4.8 m4.9 m5.2 m
USDFY, 2014FY, 2015FY, 2016

Net Income

1.5 m2.5 m3.8 m

Depreciation and Amortization

752.4 k856.9 k1.3 m

Accounts Receivable

1.4 m640.9 k(1.5 m)

Inventories

(4 m)4.9 m(878 k)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

72.8 k1.8 m1.4 m(736 k)3.8 m2.4 m(8 m)1.1 m(5.2 m)

Depreciation and Amortization

216.5 k222.6 k221.7 k34.5 k34.6 k37.1 k

Accounts Receivable

(1.4 m)

Inventories

11.5 m9.9 m11.6 m(8.6 m)
Y, 2016

Financial Leverage

2.8 x
Show all financial metrics

Air T Market Value History

Traffic Overview of Air T

Air T Online and Social Media Presence

Air T Company Life and Culture

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