AIRO Group Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	84.99	86.94	43.25	17.08
Revenue Growth (YoY)	397.57%	100.99%	153.23%	-
Cost of Revenue	28.23	28.62	18.34	12.95
Gross Profit	56.76	58.32	24.91	4.13
Selling, General & Admin	25.18	24.62	22.98	21.83
Research & Development	13.64	13.13	11.87	9.3
Operating Expenses	38.82	37.76	34.85	31.13
Operating Income	17.94	20.56	-9.93	-27
Interest Expense	-3.54	-2.56	-1.7	-3.62
Interest & Investment Income	0.27	0.27	0.26	-
Other Non Operating Income (Expenses)	-1.71	-1.71	-0.77	-0
EBT Excluding Unusual Items	12.97	16.57	-12.15	-30.61
Impairment of Goodwill	-37.99	-37.99	-	-
Other Unusual Items	-5.12	-8.06	-18.01	-6.15
Pretax Income	-30.15	-29.49	-30.16	-36.76
Income Tax Expense	8.51	9.21	2.29	-11.21
Net Income	-38.66	-38.69	-32.46	-25.55
Net Income to Common	-38.66	-38.69	-32.46	-25.55
Shares Outstanding (Basic)	16	16	16	12
Shares Outstanding (Diluted)	16	16	16	12
Shares Change (YoY)	33.95%	-	33.95%	-
EPS (Basic)	-2.36	-2.36	-1.98	-2.09
EPS (Diluted)	-2.36	-2.36	-1.98	-2.09
Free Cash Flow	13.78	20.7	21.27	-5.41
Free Cash Flow Per Share	0.84	1.26	1.30	-0.44
Gross Margin	66.79%	67.08%	57.60%	24.16%
Operating Margin	21.11%	23.65%	-22.96%	-158.06%
Profit Margin	-45.48%	-44.51%	-75.04%	-149.59%
Free Cash Flow Margin	16.21%	23.81%	49.18%	-31.64%
EBITDA	30.49	33.2	2.8	-17.44
EBITDA Margin	35.87%	38.19%	6.47%	-102.10%
D&A For EBITDA	12.54	12.64	12.73	9.56
EBIT	17.94	20.56	-9.93	-27
EBIT Margin	21.11%	23.65%	-22.96%	-158.06%
Advertising Expenses	-	0.1	0.1	0.2

Updated May 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q