$13.67M Market Cap.
AIRI Market Cap. (MRY)
AIRI Shares Outstanding (MRY)
AIRI Assets (MRY)
Total Assets
$51.01M
Total Liabilities
$36.06M
Total Investments
$0
AIRI Income (MRY)
Revenue
$55.11M
Net Income
-$1.37M
Operating Expense
$8.47M
AIRI Cash Flow (MRY)
CF Operations
$324.00K
CF Investing
-$2.29M
CF Financing
$2.37M
AIRI Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
AIRI Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $51,011,000 (0.58%) | $50,715,000 (-5.76%) | $53,814,000 (0.73%) | $53,425,000 (-7.53%) |
Assets Current | $39,187,000 (1.21%) | $38,719,000 (-8.28%) | $42,216,000 (3.27%) | $40,880,000 (-6.26%) |
Assets Non-Current | $11,824,000 (-1.43%) | $11,996,000 (3.43%) | $11,598,000 (-7.55%) | $12,545,000 (-11.44%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $163,000 (0.00%) |
Shareholders Equity | $14,948,000 (-1.59%) | $15,190,000 (-9.79%) | $16,839,000 (-3.16%) | $17,389,000 (15.09%) |
Property Plant & Equipment Net | $11,112,000 (2.09%) | $10,884,000 (-1.64%) | $11,066,000 (-3.12%) | $11,422,000 (-12.75%) |
Cash & Equivalents | $753,000 (117.63%) | $346,000 (23.13%) | $281,000 (-55.18%) | $627,000 (-74.97%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $28,811,000 (-3.48%) | $29,851,000 (-6.19%) | $31,821,000 (7.75%) | $29,532,000 (-8.06%) |
Trade & Non-Trade Receivables | $9,196,000 (12.31%) | $8,188,000 (-16.27%) | $9,779,000 (-6.63%) | $10,473,000 (19.04%) |
Trade & Non-Trade Payables | $7,015,000 (15.17%) | $6,091,000 (-19.24%) | $7,542,000 (12.18%) | $6,723,000 (-22.56%) |
Accumulated Retained Earnings (Deficit) | -$69,107,000 (-2.02%) | -$67,741,000 (-3.25%) | -$65,610,000 (-1.67%) | -$64,534,000 (2.46%) |
Tax Assets | $56,000 (51.35%) | $37,000 (32.14%) | $28,000 (27.27%) | $22,000 (46.67%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $314,000 (-49.92%) |
Total Debt | $27,866,000 (8.13%) | $25,772,000 (-9.60%) | $28,509,000 (4.47%) | $27,289,000 (-14.46%) |
Debt Current | $19,243,000 (13.76%) | $16,916,000 (10.89%) | $15,255,000 (3.09%) | $14,798,000 (-13.84%) |
Debt Non-Current | $8,623,000 (-2.63%) | $8,856,000 (-33.18%) | $13,254,000 (6.11%) | $12,491,000 (-15.17%) |
Total Liabilities | $36,063,000 (1.51%) | $35,525,000 (-3.92%) | $36,975,000 (2.61%) | $36,036,000 (-15.54%) |
Liabilities Current | $27,411,000 (3.04%) | $26,602,000 (12.64%) | $23,616,000 (0.91%) | $23,402,000 (-14.36%) |
Liabilities Non-Current | $8,652,000 (-3.04%) | $8,923,000 (-33.21%) | $13,359,000 (5.74%) | $12,634,000 (-17.65%) |
AIRI Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $55,108,000 (6.97%) | $51,516,000 (-3.23%) | $53,238,000 (-9.67%) | $58,939,000 (17.65%) |
Cost of Revenue | $46,176,000 (4.74%) | $44,088,000 (-3.71%) | $45,786,000 (-5.96%) | $48,686,000 (11.70%) |
Selling General & Administrative Expense | $8,473,000 (9.71%) | $7,723,000 (1.01%) | $7,646,000 (-1.55%) | $7,766,000 (-2.33%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $8,473,000 (9.71%) | $7,723,000 (1.01%) | $7,646,000 (-1.55%) | $7,766,000 (-2.33%) |
Interest Expense | $1,893,000 (-1.41%) | $1,920,000 (43.50%) | $1,338,000 (5.77%) | $1,265,000 (-15.16%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$1,366,000 (35.90%) | -$2,131,000 (-98.05%) | -$1,076,000 (-166.13%) | $1,627,000 (48.45%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$1,366,000 (35.90%) | -$2,131,000 (-98.05%) | -$1,076,000 (-166.13%) | $1,627,000 (48.45%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$1,366,000 (35.90%) | -$2,131,000 (-98.05%) | -$1,076,000 (-166.13%) | $1,627,000 (48.45%) |
Weighted Average Shares | $3,336,464 (1.77%) | $3,278,513 (1.59%) | $3,227,116 (0.69%) | $3,204,937 (4.25%) |
Weighted Average Shares Diluted | $3,336,464 (1.77%) | $3,278,513 (1.59%) | $3,227,116 (-11.40%) | $3,642,418 (-0.88%) |
Earning Before Interest & Taxes (EBIT) | $527,000 (349.76%) | -$211,000 (-180.53%) | $262,000 (-90.94%) | $2,892,000 (146.13%) |
Gross Profit | $8,932,000 (20.25%) | $7,428,000 (-0.32%) | $7,452,000 (-27.32%) | $10,253,000 (57.45%) |
Operating Income | $459,000 (255.59%) | -$295,000 (-52.06%) | -$194,000 (-107.80%) | $2,487,000 (272.83%) |
AIRI Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,285,000 (-8.19%) | -$2,112,000 (10.55%) | -$2,361,000 (-73.09%) | -$1,364,000 (64.08%) |
Net Cash Flow from Financing | $2,368,000 (188.19%) | -$2,685,000 (-271.35%) | $1,567,000 (134.23%) | -$4,578,000 (-170.08%) |
Net Cash Flow from Operations | $324,000 (-93.34%) | $4,862,000 (985.27%) | $448,000 (-88.98%) | $4,064,000 (366.49%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $407,000 (526.15%) | $65,000 (118.79%) | -$346,000 (81.58%) | -$1,878,000 (-255.08%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$2,285,000 (-8.19%) | -$2,112,000 (10.55%) | -$2,361,000 (-73.09%) | -$1,364,000 (64.08%) |
Issuance (Repayment) of Debt Securities | $2,041,000 (176.01%) | -$2,685,000 (-269.19%) | $1,587,000 (134.67%) | -$4,578,000 (-179.27%) |
Issuance (Purchase) of Equity Shares | $327,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $797,000 (65.35%) | $482,000 (-8.37%) | $526,000 (-19.45%) | $653,000 (25.82%) |
Depreciation Amortization & Accretion | $2,924,000 (-1.18%) | $2,959,000 (-3.52%) | $3,067,000 (-6.92%) | $3,295,000 (7.96%) |
AIRI Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 16.20% (12.50%) | 14.40% (2.86%) | 14.00% (-19.54%) | 17.40% (33.85%) |
Profit Margin | -2.50% (39.02%) | -4.10% (-105.00%) | -2.00% (-171.43%) | 2.80% (27.27%) |
EBITDA Margin | 6.30% (18.87%) | 5.30% (-15.87%) | 6.30% (-40.00%) | 10.50% (25.00%) |
Return on Average Equity (ROAE) | -9.30% (31.62%) | -13.60% (-119.35%) | -6.20% (-160.78%) | 10.20% (20.00%) |
Return on Average Assets (ROAA) | -2.70% (34.15%) | -4.10% (-105.00%) | -2.00% (-166.67%) | 3.00% (57.89%) |
Return on Sales (ROS) | 1.00% (350.00%) | -0.40% (-180.00%) | 0.50% (-89.80%) | 4.90% (113.04%) |
Return on Invested Capital (ROIC) | 1.00% (350.00%) | -0.40% (-180.00%) | 0.50% (-90.00%) | 5.00% (138.10%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -9.93 (-98.54%) | -5 (61.18%) | -12.88 (-172.42%) | 17.78 (-56.62%) |
Price to Sales Ratio (P/S) | 0.25 (18.84%) | 0.21 (-19.77%) | 0.26 (-47.67%) | 0.49 (-34.70%) |
Price to Book Ratio (P/B) | 0.91 (29.28%) | 0.71 (-13.78%) | 0.82 (-51.07%) | 1.68 (-35.11%) |
Debt to Equity Ratio (D/E) | 2.41 (3.16%) | 2.34 (6.51%) | 2.2 (5.98%) | 2.07 (-26.63%) |
Earnings Per Share (EPS) | -0.41 (36.92%) | -0.65 (-96.97%) | -0.33 (-164.71%) | 0.51 (70.00%) |
Sales Per Share (SPS) | 16.52 (5.12%) | 15.71 (-4.75%) | 16.5 (-10.29%) | 18.39 (12.85%) |
Free Cash Flow Per Share (FCFPS) | -0.59 (-170.08%) | 0.84 (241.48%) | -0.59 (-170.43%) | 0.84 (148.64%) |
Book Value Per Share (BVPS) | 4.48 (-3.30%) | 4.63 (-11.21%) | 5.22 (-3.83%) | 5.43 (10.40%) |
Tangible Assets Book Value Per Share (TABVPS) | 15.29 (-1.16%) | 15.47 (-7.24%) | 16.68 (0.34%) | 16.62 (-11.32%) |
Enterprise Value Over EBIT (EV/EBIT) | 76 (147.20%) | -161 (-200.63%) | 160 (700.00%) | 20 (-67.21%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.67 (-5.36%) | 12.33 (-2.31%) | 12.62 (37.33%) | 9.19 (-45.84%) |
Asset Turnover | 1.09 (10.51%) | 0.99 (0.71%) | 0.98 (-8.04%) | 1.07 (20.25%) |
Current Ratio | 1.43 (-1.72%) | 1.46 (-18.62%) | 1.79 (2.35%) | 1.75 (9.46%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$1,961,000 (-171.31%) | $2,750,000 (243.75%) | -$1,913,000 (-170.85%) | $2,700,000 (150.73%) |
Enterprise Value (EV) | $40,272,544 (18.85%) | $33,884,896 (-19.36%) | $42,017,732 (-26.11%) | $56,864,101 (-20.73%) |
Earnings Before Tax (EBT) | -$1,366,000 (35.90%) | -$2,131,000 (-98.05%) | -$1,076,000 (-166.13%) | $1,627,000 (614.87%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $3,451,000 (25.58%) | $2,748,000 (-17.45%) | $3,329,000 (-46.19%) | $6,187,000 (46.37%) |
Invested Capital | $50,713,000 (2.37%) | $49,539,000 (-15.21%) | $58,426,000 (3.37%) | $56,522,000 (-5.30%) |
Working Capital | $11,776,000 (-2.81%) | $12,117,000 (-34.85%) | $18,600,000 (6.42%) | $17,478,000 (7.33%) |
Tangible Asset Value | $51,011,000 (0.58%) | $50,715,000 (-5.76%) | $53,814,000 (1.04%) | $53,262,000 (-7.55%) |
Market Capitalization | $13,667,544 (27.32%) | $10,734,896 (-22.23%) | $13,803,732 (-52.63%) | $29,140,101 (-25.33%) |
Average Equity | $14,767,000 (-5.68%) | $15,656,250 (-10.05%) | $17,406,250 (9.27%) | $15,929,000 (24.05%) |
Average Assets | $50,364,250 (-3.23%) | $52,043,750 (-3.91%) | $54,161,500 (-1.77%) | $55,139,000 (-2.11%) |
Invested Capital Average | $50,292,500 (-5.40%) | $53,162,500 (-7.80%) | $57,657,250 (-1.10%) | $58,296,000 (2.02%) |
Shares | 3,358,119 (1.67%) | 3,303,045 (1.70%) | 3,247,937 (1.09%) | 3,212,801 (1.26%) |
