Complete financial analysis of Airgain, Inc. (AIRG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Airgain, Inc., a leading company in the Communication Equipment industry within the Technology sector.
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Airgain, Inc. (AIRG)
About Airgain, Inc.
Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; SmartMax embedded antennas; and MaxBeam carrier class antennas, as well as automotive, fleet, public safety, and machine-to-machine antennas under the Antenna Plus brand. It provides embedded antenna technologies to enable high performance wireless networking in a range of devices and markets, including consumer, enterprise, and automotive. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 56.04M | 75.90M | 64.27M | 48.50M | 55.74M | 60.63M | 49.52M | 43.43M | 27.79M | 25.51M | 25.39M | 18.20M |
| Cost of Revenue | 35.28M | 47.92M | 39.67M | 25.92M | 30.42M | 34.11M | 26.22M | 24.16M | 16.15M | 14.13M | 15.38M | 11.52M |
| Gross Profit | 20.76M | 27.97M | 24.61M | 22.59M | 25.32M | 26.51M | 23.30M | 19.28M | 11.64M | 11.38M | 10.01M | 6.68M |
| Gross Profit Ratio | 37.05% | 36.86% | 38.29% | 46.57% | 45.43% | 43.73% | 47.06% | 44.38% | 41.90% | 44.60% | 39.43% | 36.69% |
| Research & Development | 10.51M | 11.35M | 10.92M | 9.16M | 8.99M | 9.32M | 7.32M | 5.62M | 4.26M | 3.31M | 3.14M | 2.48M |
| General & Administrative | 13.53M | 14.03M | 13.56M | 10.64M | 8.92M | 9.55M | 8.00M | 4.53M | 3.45M | 2.97M | 2.23M | 1.78M |
| Selling & Marketing | 9.13M | 11.17M | 10.21M | 5.98M | 7.04M | 11.03M | 7.01M | 5.67M | 4.04M | 3.52M | 3.04M | 2.30M |
| SG&A | 22.66M | 25.21M | 23.77M | 16.61M | 15.96M | 20.58M | 15.01M | 10.20M | 7.49M | 6.49M | 5.27M | 4.09M |
| Other Expenses | 0.00 | -58.00K | -38.00K | -19.00K | 0.00 | 388.73K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 33.16M | 36.55M | 34.69M | 25.77M | 24.94M | 29.90M | 22.33M | 15.82M | 11.75M | 9.80M | 9.84M | 5.47M |
| Cost & Expenses | 68.44M | 84.48M | 74.36M | 51.69M | 55.36M | 64.01M | 48.55M | 39.98M | 27.89M | 23.93M | 25.22M | 16.99M |
| Interest Income | 109.00K | 63.00K | 26.00K | 197.00K | 714.00K | 584.74K | 296.45K | 7.80K | 0.00 | 0.00 | 2.43M | 4.43M |
| Interest Expense | 0.00 | 63.00K | 0.00 | 0.00 | 5.00K | 30.99K | 98.71K | 178.37K | 39.49K | 42.69K | 0.00 | 0.00 |
| Depreciation & Amortization | 3.63M | 3.70M | 3.55M | 1.09M | 1.15M | 1.26M | 1.02M | 868.70K | 472.75K | 371.60K | 160.26K | 223.37K |
| EBITDA | -8.77M | -4.88M | -6.53M | -2.09M | 2.24M | -1.19M | 2.28M | 4.32M | 242.51K | 1.95M | 1.86M | 333.06K |
| EBITDA Ratio | -15.65% | -6.43% | -6.99% | -4.31% | 4.02% | -1.90% | 4.61% | 9.97% | 0.51% | 4.79% | 7.33% | 1.83% |
| Operating Income | -12.40M | -8.58M | -10.08M | -3.18M | 1.09M | -3.39M | 969.20K | 3.45M | -330.70K | 850.60K | 1.70M | 109.69K |
| Operating Income Ratio | -22.13% | -11.31% | -15.69% | -6.56% | 1.96% | -5.59% | 1.96% | 7.95% | -1.19% | 3.33% | 6.70% | 0.60% |
| Total Other Income/Expenses | 100.00K | 5.00K | -12.00K | 178.00K | 709.00K | 903.00K | 197.94K | 289.72K | 60.98K | 2.74M | -3.85M | -3.33M |
| Income Before Tax | -12.30M | -8.58M | -12.14M | -3.01M | 1.09M | -2.48M | 1.17M | 3.74M | -269.72K | 3.59M | -2.25M | -3.22M |
| Income Before Tax Ratio | -21.95% | -11.30% | -18.88% | -6.20% | 1.95% | -4.10% | 2.36% | 8.62% | -0.97% | 14.09% | -8.88% | -17.70% |
| Income Tax Expense | 128.00K | 84.00K | -2.05M | 273.00K | 163.00K | 101.54K | 25.69K | 8.18K | 622.00 | 6.17K | 10.80K | 800.00 |
| Net Income | -12.43M | -8.66M | -10.09M | -3.28M | 926.00K | -2.58M | 1.14M | 3.73M | -270.34K | 3.59M | -2.26M | -3.22M |
| Net Income Ratio | -22.18% | -11.41% | -15.69% | -6.76% | 1.66% | -4.26% | 2.30% | 8.60% | -0.97% | 14.07% | -8.92% | -17.70% |
| EPS | -1.20 | -0.85 | -1.01 | -0.34 | 0.10 | -0.27 | 0.12 | 0.65 | -0.05 | 0.21 | -6.00 | -10.79 |
| EPS Diluted | -1.20 | -0.85 | -1.01 | -0.34 | 0.09 | -0.27 | 0.11 | 0.40 | -0.05 | -0.28 | -5.98 | -8.51 |
| Weighted Avg Shares Out | 10.39M | 10.19M | 10.02M | 9.71M | 9.68M | 9.52M | 9.49M | 3.37M | 5.63M | 5.63M | 377.47K | 298.49K |
| Weighted Avg Shares Out (Dil) | 10.39M | 10.19M | 10.02M | 9.71M | 10.10M | 9.52M | 10.36M | 4.67M | 5.63M | 5.63M | 378.57K | 378.57K |
Airgain Launches EZConnect™ Antenna Platform to Simplify Ordering and Installation of External Antennas
SAN DIEGO--(BUSINESS WIRE)---- $AIRG #5g--Airgain launches EZConnect Antenna Platform. New MULTIMAX™ 5G fleet antenna first to launch alongside online configurator tool.
Airgain, Inc. (AIRG) Q1 2023 Earnings Call Transcript
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Airgain (AIRG) Reports Q1 Loss, Tops Revenue Estimates
Airgain (AIRG) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.04 per share a year ago.
Airgain® Reports First Quarter 2023 Financial Results
SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (Nasdaq: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today reported financial results for the first quarter ended March 31, 2023. “We...
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SAN DIEGO--(BUSINESS WIRE)---- $AIRG #Airgain--Airgain, Inc. (NASDAQ: AIRG) – a leading provider of wireless connectivity solutions that creates and delivers products, including embedded components, external antennas, and integrated systems, across the globe – announced today that a leading provider of...
Airgain, Inc. (AIRG) Q4 2022 Earnings Call Transcript
Airgain, Inc. (NASDAQ:AIRG ) Q4 2022 Earnings Conference Call March 9, 2023 5:00 PM ET Company Participants Jacob Suen - President & CEO Michael Elbaz - CFO Morad Sbahi - Chief Revenue Officer Conference Call Participants Scott Searle - ROTH...
Airgain® Reports Fourth Quarter and Full Year 2022 Financial Results
SAN DIEGO--(BUSINESS WIRE)---- $AIRG #Airgain--Airgain, Inc. (Nasdaq: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today reported financial results for the fourth quarter and full year...
Airgain® Introduces Lighthouse™ Smart Repeater Platform at Mobile World Congress Barcelona
SAN DIEGO--(BUSINESS WIRE)---- $AIRG #5G--Airgain's new Lighthouse™ Smart Repeaters will extend range, enhance 5G coverage, and reduce capital expenses.
Airgain to Host Analyst Day on March 15, 2023
SAN DIEGO--(BUSINESS WIRE)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, will host an Analyst Day on Wednesday, March 15, 2023 at the Morgan...
Source: https://incomestatements.info
Category: Stock Reports