AIRG - Airgain, Inc.
NASDAQ
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Technology
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Communication Equipment
San Diego,
United States
Type: Equity
AIRG price evolution
AIRG
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $7.88 | $9.99 | $9.27 | $9.84 |
| Short term investments | ||||
| Net receivables | $7.38 | $6.27 | $8.63 | $8.15 |
| Inventory | $2.4 | $3.95 | $4.8 | $4.48 |
| Total current assets | $19.08 | $22.25 | $24.38 | $24.2 |
| Long term investments | ||||
| Property, plant & equipment | $3.9 | $4.06 | $4.36 | $4.71 |
| Goodwill & intangible assets | $19.08 | $19.82 | $20.56 | $21.3 |
| Total noncurrent assets | $23.15 | $24.05 | $25.13 | $26.23 |
| Total investments | ||||
| Total assets | $42.23 | $46.3 | $49.51 | $50.42 |
| Current liabilities | ||||
| Accounts payable | $6.47 | $5.42 | $5.66 | $6.74 |
| Deferred revenue | ||||
| Short long term debt | $0.86 | $0.91 | $0.92 | $0.89 |
| Total current liabilities | $9.99 | $9.51 | $11.21 | $10.66 |
| Long term debt | $0.67 | $0.88 | $1.08 | $1.32 |
| Total noncurrent liabilities | $0.82 | $1.02 | $1.23 | $1.46 |
| Total debt | $1.54 | $1.79 | $2 | $2.21 |
| Total liabilities | $10.82 | $10.54 | $12.43 | $12.12 |
| Shareholders' equity | ||||
| Retained earnings | -$78.52 | -$73.04 | -$71.16 | -$68.95 |
| Other shareholder equity | $0 | |||
| Total shareholder equity | $31.41 | $35.77 | $37.08 | $38.3 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $7.88 | $11.9 | $14.51 | $38.17 |
| Short term investments | ||||
| Net receivables | $7.38 | $8.74 | $10.76 | $4.78 |
| Inventory | $2.4 | $4.23 | $8.95 | $1.02 |
| Total current assets | $19.08 | $27.15 | $35.49 | $45.43 |
| Long term investments | ||||
| Property, plant & equipment | $3.9 | $4.98 | $5.47 | $2.38 |
| Goodwill & intangible assets | $19.08 | $22.05 | $25.07 | $6.87 |
| Total noncurrent assets | $23.15 | $27.25 | $30.9 | $9.49 |
| Total investments | ||||
| Total assets | $42.23 | $54.4 | $66.39 | $54.93 |
| Current liabilities | ||||
| Accounts payable | $6.47 | $6.51 | $5.47 | $2.98 |
| Deferred revenue | $0.04 | |||
| Short long term debt | $0.86 | $0.9 | $0.84 | |
| Total current liabilities | $9.99 | $12.9 | $19.89 | $6.86 |
| Long term debt | $0.67 | $1.54 | $2.22 | |
| Total noncurrent liabilities | $0.82 | $1.68 | $2.33 | $0.33 |
| Total debt | $1.54 | $2.44 | $2.22 | |
| Total liabilities | $10.82 | $14.57 | $22.22 | $7.18 |
| Shareholders' equity | ||||
| Retained earnings | -$78.52 | -$66.09 | -$57.43 | -$47.35 |
| Other shareholder equity | $0 | -$0.27 | ||
| Total shareholder equity | $31.41 | $39.83 | $44.17 | $47.74 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $10.07 | $13.7 | $15.83 | $16.44 |
| Cost of revenue | $7.14 | $8.46 | $9.55 | $10.13 |
| Gross Profit | $2.93 | $5.24 | $6.28 | $6.32 |
| Operating activities | ||||
| Research & development | $3.17 | $2.3 | $2.59 | $2.45 |
| Selling, general & administrative | $5.25 | $4.85 | $5.9 | $6.66 |
| Total operating expenses | $8.42 | $7.15 | $8.49 | $9.11 |
| Operating income | -$5.49 | -$1.91 | -$2.21 | -$2.79 |
| Income from continuing operations | ||||
| EBIT | -$5.44 | -$1.88 | -$2.21 | -$2.78 |
| Income tax expense | $0.04 | $0 | -$0 | $0.08 |
| Interest expense | ||||
| Net income | ||||
| Net income | -$5.48 | -$1.88 | -$2.21 | -$2.86 |
| Income (for common shares) | -$5.48 | -$1.88 | -$2.21 | -$2.86 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $56.04 | $75.89 | $48.5 | |
| Cost of revenue | $35.28 | $47.92 | $25.92 | |
| Gross Profit | $20.76 | $27.97 | $22.59 | |
| Operating activities | ||||
| Research & development | $10.51 | $11.35 | $9.16 | |
| Selling, general & administrative | $22.66 | $25.21 | $16.61 | |
| Total operating expenses | $33.16 | $36.55 | $25.77 | |
| Operating income | -$12.4 | -$8.58 | -$3.18 | |
| Income from continuing operations | ||||
| EBIT | -$12.3 | -$8.57 | -$3.01 | |
| Income tax expense | $0.13 | $0.08 | $0.27 | |
| Interest expense | ||||
| Net income | ||||
| Net income | -$12.43 | -$8.66 | -$3.28 | |
| Income (for common shares) | -$12.43 | -$8.66 | -$3.28 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$5.48 | -$1.88 | -$2.21 | -$2.86 |
| Operating activities | ||||
| Depreciation | $0.9 | $0.9 | $0.93 | $0.9 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.21 | $0.52 | $0.97 | $0.98 |
| Total cash flows from operations | -$1.94 | $0.64 | -$0.57 | -$1.43 |
| Investing activities | ||||
| Capital expenditures | -$0.17 | -$0.07 | -$0.01 | -$0.09 |
| Investments | ||||
| Total cash flows from investing | -$0.17 | -$0.07 | -$0.01 | -$0.09 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.07 | $0.03 | $0.14 | |
| Net borrowings | ||||
| Total cash flows from financing | $0.07 | $0.02 | -$0.54 | |
| Effect of exchange rate | $0 | |||
| Change in cash and equivalents | -$2.11 | $0.64 | -$0.57 | -$2.06 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$12.43 | -$8.66 | -$10.09 | -$3.28 |
| Operating activities | ||||
| Depreciation | $3.63 | $3.7 | $3.55 | $1.09 |
| Business acquisitions & disposals | -$14.19 | |||
| Stock-based compensation | $3.68 | $4.98 | $4.05 | $2.56 |
| Total cash flows from operations | -$3.3 | $4.45 | -$11.17 | $3.7 |
| Investing activities | ||||
| Capital expenditures | -$0.35 | -$0.75 | -$0.74 | -$0.73 |
| Investments | $21.61 | |||
| Total cash flows from investing | -$0.35 | -$0.75 | -$14.92 | $20.89 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.23 | $0.23 | $2.43 | $0.56 |
| Net borrowings | ||||
| Total cash flows from financing | -$0.46 | -$6.3 | $2.43 | $0.56 |
| Effect of exchange rate | $0 | |||
| Change in cash and equivalents | -$4.1 | -$2.61 | -$23.66 | $25.15 |
News
Fundamentals
| Market cap | $58.84M |
|---|---|
| Enterprise value | $52.49M |
| Shares outstanding | 10.47M |
| Revenue | $56.04M |
|---|---|
| EBITDA | -$8.67M |
| EBIT | -$12.30M |
| Net Income | -$12.43M |
| Revenue Q/Q | -49.37% |
| Revenue Y/Y | -26.16% |
| P/E ratio | -4.73 |
|---|---|
| EV/Sales | 0.94 |
| EV/EBITDA | -6.05 |
| EV/EBIT | -4.27 |
| P/S ratio | 1.05 |
| P/B ratio | 1.87 |
| Book/Share | 3.00 |
| Cash/Share | 0.75 |
| EPS | -$1.19 |
|---|---|
| ROA | -26.38% |
| ROE | -34.87% |
| Debt/Equity | 0.34 |
|---|---|
| Net debt/EBITDA | -0.34 |
| Current ratio | 1.91 |
| Quick ratio | 1.67 |