Financial Statements — AIRS
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 |
|---|
| Cash & Equivalents | 16.69 | 5.41 | 8.19 | 5.55 | 5.97 | 9.87 | 10.97 | 8.66 | 20.78 | 11.28 | 7.60 | 35.25 | 27.23 | 0.00 |
| Total Current Assets | 24.33 | 12.22 | 16.41 | 15.30 | 12.89 | 21.69 | 14.99 | 16.41 | 26.83 | 17.89 | 9.74 | 38.71 | 32.36 | 0.00 |
| Property, Plant & Equipment | 26.01 | 29.51 | 33.85 | 35.75 | 36.28 | 31.82 | 29.78 | 28.91 | 28.92 | 27.28 | 22.30 | 20.35 | 17.31 | -- |
| Goodwill | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | 81.73 | -- |
| Intangible Assets | 35.65 | 38.03 | 39.22 | 40.40 | 42.78 | 43.97 | 45.16 | 47.53 | 48.72 | 49.91 | 52.29 | 53.48 | 54.66 | -- |
| Total Non-current Assets* | 167.67 | 173.70 | 181.96 | 187.96 | 195.35 | 188.42 | 187.72 | 187.71 | 190.46 | 191.63 | 184.18 | 180.07 | 174.87 | 0.00 |
| Total Assets | 192.00 | 185.92 | 198.37 | 203.26 | 208.25 | 210.11 | 202.71 | 204.12 | 217.28 | 209.52 | 193.92 | 218.78 | 207.23 | 0.00 |
| Accounts Payable | 7.46 | 4.46 | 3.34 | 4.14 | 6.79 | 4.56 | 4.32 | 3.56 | 4.18 | 4.34 | 3.09 | 4.69 | 3.39 | -- |
| Total Current Liabilities | 32.48 | 24.16 | 25.83 | 26.79 | 25.35 | 25.12 | 21.77 | 19.79 | 23.95 | 21.52 | 13.55 | 17.27 | 15.91 | -- |
| Long-term Debt | 44.82 | 56.91 | 57.74 | 68.51 | 70.14 | 70.73 | 71.18 | 72.73 | 83.00 | 83.27 | 82.45 | 82.66 | 82.60 | -- |
| Total Non-current Liabilities* | 59.26 | 79.65 | 81.38 | 99.14 | 100.36 | 99.98 | 97.45 | 100.14 | 111.86 | 112.78 | 107.90 | 104.08 | 101.45 | -- |
| Total Liabilities* | 91.74 | 103.82 | 107.21 | 125.93 | 125.71 | 125.10 | 119.21 | 119.93 | 135.81 | 134.29 | 121.45 | 121.34 | 117.36 | 0.00 |
| Retained Earnings | (42.97) | (40.75) | (31.24) | (30.65) | (22.77) | (16.73) | (13.52) | (14.98) | (13.31) | (15.09) | (7.88) | (0.50) | (1.09) | -- |
| Total Stockholder Equity | 100.26 | 82.11 | 91.16 | 77.33 | 82.54 | 85.01 | 83.50 | 84.19 | 81.47 | 75.23 | 72.47 | 97.43 | 89.87 | 0.00 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Total Revenue | 39.39 | 33.44 | 34.99 | 44.01 | 39.37 | 39.18 | 42.55 | 51.00 | 47.62 | 47.61 | 46.79 | 55.70 | 45.81 | 40.70 | 38.89 | 49.65 | 39.54 | 37.56 |
| Selling, General & Admin | 22.58 | 18.22 | 19.52 | 22.67 | 21.77 | 23.36 | 25.50 | 34.27 | 15.76 | 25.58 | 25.03 | 27.89 | 23.88 | 27.84 | 23.40 | 26.01 | 24.17 | 34.76 |
| Operating Income | (1.80) | (1.01) | (9.75) | 0.79 | (1.59) | (4.13) | (3.72) | (4.98) | 11.01 | 1.40 | 0.96 | 5.36 | 1.76 | (5.96) | (1.37) | 3.96 | (1.17) | (12.26) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 1.53 | 1.02 | 1.84 | 1.89 | 1.74 | 1.93 | 1.77 | 1.56 | 1.49 | 1.57 |
| Pretax Income | (2.86) | (2.49) | (11.16) | (0.78) | (3.21) | (5.74) | (5.31) | (6.50) | 9.48 | 0.38 | (0.88) | 3.47 | 0.03 | (7.89) | (3.14) | 2.40 | (2.66) | (13.82) |
| Tax Provision | (0.46) | (3.77) | (1.64) | (0.18) | (0.37) | (0.71) | 0.73 | (3.29) | 3.45 | 4.96 | 0.79 | 1.70 | 0.04 | (0.70) | 4.23 | 1.82 | (1.97) | 0.33 |
| Net Income | (2.40) | 1.28 | (9.51) | (0.59) | (2.85) | (5.03) | (6.04) | (3.21) | 6.03 | (4.57) | (1.67) | 1.78 | (0.01) | (7.19) | (7.38) | 0.58 | (0.69) | (14.15) |
| Basic EPS | (0.03) | 0.02 | (0.15) | (0.01) | (0.05) | (0.08) | (0.10) | (0.06) | 0.10 | (0.08) | (0.03) | 0.03 | 0.00 | (0.13) | (0.13) | 0.01 | (0.01) | -- |
| Diluted EPS | (0.03) | 0.02 | (0.15) | (0.01) | (0.05) | (0.08) | (0.10) | (0.06) | 0.10 | (0.08) | (0.03) | 0.03 | 0.00 | (0.13) | (0.13) | 0.01 | (0.01) | -- |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 |
|---|
| Operating Cash Flow | 5.27 | (2.53) | (0.22) | 4.98 | 0.87 | 2.71 | 1.83 | 3.44 | 3.37 | 4.87 | 0.64 | 12.24 | 6.22 | 6.64 | 0.33 | 10.40 | 7.08 | -- |
| Capital Expenditures | 0.05 | 0.06 | 0.18 | 0.27 | 1.90 | 3.53 | 4.90 | 4.02 | 1.56 | 1.83 | 2.12 | 2.16 | 3.82 | 2.19 | 4.59 | 1.56 | 4.27 | -- |
| Free Cash Flow* | 5.22 | (2.59) | (0.40) | 4.72 | (1.03) | (0.81) | (3.07) | (0.58) | 1.80 | 3.04 | (1.48) | 10.07 | 2.40 | 4.45 | (4.26) | 8.84 | 2.81 | -- |
| Investing Cash Flow | (0.05) | (0.06) | (0.18) | (0.26) | (1.90) | (3.53) | (4.90) | (4.02) | (1.56) | (1.83) | (2.12) | (2.16) | (3.81) | (2.19) | (4.59) | (1.56) | (4.27) | -- |
| Financing Cash Flow | 3.02 | 5.63 | (2.38) | (2.08) | (1.65) | 3.08 | (0.82) | (0.53) | (1.10) | (1.44) | (10.64) | (0.58) | (0.74) | (2.43) | (23.39) | (0.51) | (0.92) | 0.00 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2022 |
|---|
| Dividends Per Share | 0.41 |
