Airnet Technology Inc

Company Profile

Airnet Technology Inc had its IPO on 2007-11-07 under the ticker symbol ANTE.

The company operates in the Communication Services sector and Telecom Services industry. Airnet Technology Inc has a staff strength of 71 employees.

Stock update

Shares of Airnet Technology Inc opened at $1.09 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.09 - $1.15, and closed at $1.09.

This is a +1.87% increase from the previous day's closing price.

A total volume of 251 shares were traded at the close of the day’s session.

In the last one week, shares of Airnet Technology Inc have increased by +3.81%.

Airnet Technology Inc's Key Ratios

Airnet Technology Inc has a market cap of $10.53 million, indicating a price to book ratio of 0.3045 and a price to sales ratio of 2.3335.

In the last 12-months Airnet Technology Inc’s revenue was $5.39 million with a gross profit of $-3098000 and an EBITDA of $-8284000. The EBITDA ratio measures Airnet Technology Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Airnet Technology Inc’s operating margin was -251.26% while its return on assets stood at -7.54% with a return of equity of -95.12%.

In Q2, Airnet Technology Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 71.6%.

Airnet Technology Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-2.77 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Airnet Technology Inc’s profitability.

Airnet Technology Inc stock is trading at a EV to sales ratio of 4.9931 and a EV to EBITDA ratio of -2.537. Its price to sales ratio in the trailing 12-months stood at 2.3335.

Airnet Technology Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$125.60 million

Total Liabilities

$98.50 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Airnet Technology Inc ended 2024 with $125.60 million in total assets and $0 in total liabilities. Its intangible assets were valued at $125.60 million while shareholder equity stood at $59.77 million.

Airnet Technology Inc ended 2024 with $0 in deferred long-term liabilities, $98.50 million in other current liabilities, 359000.00 in common stock, $-306668000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $5.73 million and cash and short-term investments were $5.73 million. The company’s total short-term debt was $14,449,000 while long-term debt stood at $0.

Airnet Technology Inc’s total current assets stands at $71.32 million while long-term investments were $36.43 million and short-term investments were $0. Its net receivables were $1.00 million compared to accounts payable of $16.74 million and inventory worth $0.

In 2024, Airnet Technology Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Airnet Technology Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.09

52-Week High

$8.72

52-Week Low

$1

Analyst Target Price

$

Airnet Technology Inc stock is currently trading at $1.09 per share. It touched a 52-week high of $8.72 and a 52-week low of $8.72. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.25 and 200-day moving average was $1.39 The short ratio stood at 0.49 indicating a short percent outstanding of 0%.

Around 372.4% of the company’s stock are held by insiders while 116% are held by institutions.