AIRTHINGS ASA financials
AIRTHINGS ASA
549300XG11DDY7M1KX46 | Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | $38.5M | $36.6M |
| Employee benefits expense | $14.7M | $15.1M |
| Depreciation & amortisation | $2.0M | $1.5M |
| Operating profit (EBIT) | -$13.7M | -$8.3M |
| Net finance income / (cost) | $1.7M | $320.0K |
| Finance costs | $471.0K | $341.0K |
| Profit before tax | -$12.0M | -$8.0M |
| Income tax expense | $5.7M | -$1.8M |
| Profit for the year | -$17.7M | -$6.3M |
| — attributable to owners | -$17.7M | -$6.3M |
| Total comprehensive income | -$22.0M | -$8.1M |
| Per share | ||
| Basic EPS | $-0.09 | $-0.03 |
| Diluted EPS | $-0.09 | $-0.03 |
| Free cash flow / share | $-0.01 | $-0.02 |
| Cash flow statement | ||
| Net cash from operating activities | -$2.0M | -$3.4M |
| Net cash from investing activities | -$920.0K | -$1.4M |
| Purchase of PP&E (capex) | $73.0K | $92.0K |
| Net cash from financing activities | -$951.0K | $7.5M |
| Proceeds from borrowings | $0 | $1.3M |
| Lease liability payments | $730.0K | $724.0K |
| Net change in cash | -$3.8M | $2.7M |
| Balance sheet | ||
| Total assets | $42.9M | $64.7M |
| Non-current assets | $8.1M | $18.5M |
| Property, plant & equipment | $411.0K | $639.0K |
| Right-of-use assets | $1.6M | $2.5M |
| Intangible assets & goodwill | $0 | $2.8M |
| Current assets | $34.8M | $46.1M |
| Inventories | $10.5M | $15.3M |
| Trade & other receivables | $10.8M | $11.2M |
| Cash & equivalents | $8.8M | $14.6M |
| Total equity | $28.4M | $50.3M |
| Non-current liabilities | $2.2M | $3.4M |
| Long-term borrowings | $1.2M | $1.4M |
| Lease liabilities (non-current) | $1.0M | $1.9M |
| Current liabilities | $12.2M | $11.0M |
| Short-term borrowings | $62.0K | $0 |
| Lease liabilities (current) | $770.0K | $885.0K |
| Trade & other payables | $8.0M | $6.5M |
| Derived metrics | ||
| Free cash flow | -$2.0M | -$3.5M |
| Operating margin | -35.6% | -22.8% |
| Net margin | -46.0% | -17.1% |
| Return on equity | -62.2% | -12.5% |
| Cash conversion ratio | 0.11× | 0.54× |
| Capex coverage | -26.86× | -36.99× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | $4.8M | $3.4M |
| Adjustments For Decrease Increase In Trade and Other Receivables | $802.0K | -$1.1M |
| Adjustments For Depreciation and Amortisation Expense | $4.7M | $1.5M |
| Adjustments For Finance Income Cost | $1.7M | $320.0K |
| Adjustments For Increase Decrease In Other Liabilities | -$409.0K | $194.0K |
| Adjustments For Increase Decrease In Trade and Other Payables | $1.7M | $606.0K |
| Adjustments For Sharebased Payments | $173.0K | $292.0K |
| Capital Reserve | $2.5M | $2.4M |
| Comprehensive Income Attributable To Owners of Parent | -$22.0M | -$8.1M |
| Current Contract Liabilities | $1.5M | $1.4M |
| Current Tax Liabilities Current | $0 | $73.0K |
| Deferred Tax Assets | $2.7M | $8.8M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$1.9M | -$1.5M |
| Equity and Liabilities | $42.9M | $64.7M |
| Finance Income | $2.2M | $660.0K |
| Gains Losses On Exchange Differences On Translation Net of Tax | -$23.0K | -$3.0K |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $2.6M | $0 |
| Increase Decrease Through Sharebased Payment Transactions | $173.0K | $292.0K |
| Intangible Assets Other Than Goodwill | $3.4M | $3.6M |
| Interest Received Classified As Investing Activities | $335.0K | $395.0K |
| Issue of Equity | — | $7.4M |
| Issued Capital | $215.0K | $215.0K |
| Liabilities | $14.4M | $14.4M |
| Other Comprehensive Income | -$4.3M | -$1.8M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation Other Than Translation of Foreign Operations | -$4.3M | -$1.8M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -$23.0K | -$3.0K |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$4.3M | -$1.8M |
| Other Current Liabilities | $1.8M | $2.1M |
| Other Current Receivables | $4.7M | $5.1M |
| Other Expense By Nature | $16.0M | $14.0M |
| Other Noncurrent Assets | $53.0K | $111.0K |
| Other Noncurrent Liabilities | $48.0K | $108.0K |
| Payments For Development Project Expenditure | $1.2M | $1.7M |
| Proceeds From Issuing Shares | $0 | $7.1M |
| Revenue and Operating Income | $38.5M | $36.6M |
| Share Issue Related Cost | — | $285.0K |
| Share Premium | $86.4M | $86.4M |
Every line item above is a fact tagged in AIRTHINGS ASA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.