Airthings AS engages in the development and manufacture of indoor ai products. The company is headquartered in Oslo, Oslo and currently employs 92 full-time employees. The company went IPO on 2020-10-30. The Company’s business activities are divided into three business segments: Airthings for Consumer offers a range of top-of-the-line air quality monitors to anyone who wants to create and maintain a healthy home environment. Airthings for Business is Company’s Business to business segment, offering air quality solutions to schools, office buildings, and other commercial buildings; and Airthings for Professionals provides an National Radon Proficiency Program/ National Radon Safety Board certified radon measurement device tailored toward home inspectors and radon professionals. Airthings ASA is headquartered in Oslo and has two wholly owned subsidiaries, Airthings America Inc. in the US and Airthings AB in Sweden.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
33
38
36
35
33
20
Revenue Growth (YoY)
-13%
6%
3%
6%
65%
25%
Cost of Revenue
14
20
17
19
17
10
Gross Profit
18
18
18
15
16
10
Selling, General & Admin
13
20
20
22
19
12
Research & Development
--
--
--
--
--
--
Operating Expenses
35
28
27
29
25
15
Other Non Operating Income (Expenses)
--
0
0
0
0
--
Pretax Income
-17
-12
-8
-13
-9
-6
Income Tax Expense
9
5
-1
-3
-2
-2
Net Income
-27
-17
-6
-10
-7
-4
Net Income Growth
350%
183%
-40%
43%
75%
300%
Shares Outstanding (Diluted)
199.3
197.75
194.7
172.82
171.31
131.89
Shares Change (YoY)
1%
2%
13%
1%
30%
-23%
EPS (Diluted)
-0.13
-0.08
-0.03
-0.06
-0.04
-0.03
EPS Growth
330%
179%
-47%
53%
33%
200%
Free Cash Flow
-7
-2
-3
-22
-16
-4
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
54.54%
47.36%
50%
42.85%
48.48%
50%
Operating Margin
-51.51%
-23.68%
-22.22%
-37.14%
-27.27%
-20%
Profit Margin
-81.81%
-44.73%
-16.66%
-28.57%
-21.21%
-20%
Free Cash Flow Margin
-21.21%
-5.26%
-8.33%
-62.85%
-48.48%
-20%
EBITDA
-13
-5
-7
-11
-8
-4
EBITDA Margin
-39.39%
-13.15%
-19.44%
-31.42%
-24.24%
-20%
D&A For EBITDA
4
4
1
2
1
0
EBIT
-17
-9
-8
-13
-9
-4
EBIT Margin
-51.51%
-23.68%
-22.22%
-37.14%
-27.27%
-20%
Effective Tax Rate
-52.94%
-41.66%
12.5%
23.07%
22.22%
33.33%
Follow-Up Questions
What are Airthings ASA's key financial statements?
According to the latest financial statement (Form-10K), Airthings ASA has a total asset of $42, Net loss of $-17
What are the key financial ratios for ARTGF?
Airthings ASA's Current ratio is 3, has a Net margin is -44.73, sales per share of $0.19.
How is Airthings ASA's revenue broken down by segment or geography?
Airthings ASA largest revenue segment is Consumer, at a revenue of 324,649,097 in the most earnings release.For geography, North America is the primary market for Airthings ASA, at a revenue of 333,446,359.
Is Airthings ASA profitable?
no, according to the latest financial statements, Airthings ASA has a net loss of $-17
Does Airthings ASA have any liabilities?
yes, Airthings ASA has liability of 14
How many outstanding shares for Airthings ASA?
Airthings ASA has a total outstanding shares of 197.75