Air T Q1 revenue rises

Air T

13/08/2025 21:48

Overview

Air T fiscal Q1 revenue rises 7% to $70.9 mln

Operating income improves to $0.4 mln from a loss last year

Adjusted EBITDA increases to $1.5 mln, driven by Ground Support Equipment sales

Outlook

Company did not provide specific financial guidance for future periods in the press release

Result Drivers

GROUND SUPPORT EQUIPMENT - Revenue surged 105% due to higher sales of deicing trucks

COMMERCIAL AIRCRAFT DECLINE - Revenue decreased due to lower component sales, partially offset by increased lease income

DIGITAL SOLUTIONS GROWTH - Revenue increased due to higher software subscriptions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$70.90 mln
Q1 Adjusted EBITDA
$1.50 mln
Q1 Operating Income
$400,000


Press Release: ID:nACS38P9ja

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)