AIR INDUSTRIES GROUP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $49.9M | $51.3M | $80.4M | $64.3M | $62.8M | $64.2M | $53.7M |
| Cost of Revenue | $45.0M | $47.1M | $63.2M | $50.2M | $47.6M | $49.4M | $42.8M |
| Gross Profit | $4.9M | $4.3M | $17.3M | $14.1M | $15.2M | $14.9M | $10.9M |
| Gross Margin | 9.8% | 8.3% | 21.5% | 21.9% | 24.2% | 23.1% | 20.3% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — |
| Operating Income | $-12.8M | $-10.1M | $626.0K | $1.7M | $4.6M | $6.0M | $4.4M |
| Operating Margin | -25.6% | -19.7% | 0.8% | 2.7% | 7.3% | 9.3% | 8.1% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $-16.3M | — | — | — | — | — | — |
| Income Tax Expense | $-197.0K | $2.1M | $-286.0K | $-368.0K | $-170.0K | $1.4M | $57.0K |
| Net Income | $-22.6M | $-15.6M | $-832.0K | $667.0K | $3.7M | $2.5M | $2.2M |
| Net Margin | -45.2% | -30.4% | -1.0% | 1.0% | 6.0% | 4.0% | 4.2% |
| EPS (Basic) | $-0.61 | $-1.03 | $-0.06 | $0.05 | $0.33 | $0.27 | $0.32 |
| EPS (Diluted) | $-0.61 | $-1.03 | $-0.06 | $0.05 | $0.32 | $0.27 | $0.32 |
| Shares Outstanding (Basic) | 26.5M | 15.2M | 15.0M | 13.2M | 11.5M | 9.4M | 7.2M |
| Shares Outstanding (Diluted) | 26.5M | 15.2M | 15.0M | 13.8M | 11.9M | 9.5M | 7.2M |
| Dividends Per Share | — | — | — | — | — | — | — |