Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Air Industries Group
Fiscal year is January-December. All values USD millions. 2006 2007 2008 2012 2013 5-year trend
Sales/Revenue 33.04M 46.07M 38.69M 64.22M 62.83M
Cost of Goods Sold (COGS) incl. D&A 28M 33.34M 29.63M 49.36M 47.6M
COGS excluding D&A 27.41M 32.21M 27.92M 47.11M 44.3M
Depreciation & Amortization Expense 597,009 1.13M 1.71M 2.25M 3.3M
Depreciation - - - 1.56M 1.71M
Amortization of Intangibles - 277,251 221,000 693,000 1.59M
Gross Income 5.04M 12.73M 9.06M 14.86M 15.24M
2006 2007 2008 2012 2013 5-year trend
SG&A Expense 4.39M 9.89M 10.02M 8.67M 8.87M
Research & Development - - - - -
Other SG&A 4.39M 9.89M 10.02M 8.67M 8.87M
Other Operating Expense 0 0 0 0 0
Unusual Expense 0 0 4.53M 200,000 1.39M
EBIT after Unusual Expense 0 0 (4.53M) (200,000) (1.39M)
Non Operating Income/Expense 542,052 (18,077) 58,000 (146,000) (65,000)
Non-Operating Interest Income 0 0 0 0 0
Equity in Affiliates (Pretax) 0 0 0 - 0
Interest Expense 1.04M 1.58M 2.78M 1.84M 1.34M
Gross Interest Expense 1.04M 1.58M 2.78M 1.84M 1.34M
Interest Capitalized 0 0 0 0 0
Pretax Income 153,400 1.24M (8.21M) 4M 3.57M
Income Tax 489,969 611,673 (744,000) 1.45M (170,000)
Income Tax - Current Domestic 653,426 450,808 2.04M 1.45M 1.07M
Income Tax - Current Foreign 0 0 0 - -
Income Tax - Deferred Domestic (163,457) (10,200) (2.78M) 0 (1.24M)
Income Tax - Deferred Foreign 0 0 0 - -
Income Tax Credits 0 (171,065) 0 0 -
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 0 - 0 0
Consolidated Net Income (336,569) 627,900 (7.47M) 2.55M 3.74M
Minority Interest Expense 0 0 0 0 0
Net Income (336,569) 627,900 (7.47M) 2.55M 3.74M
Extraordinaries & Discontinued Operations 0 0 (9.08M) 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 - 0 0
Discontinued Operations 0 0 (9.08M) 0 0
Net Income After Extraordinaries (336,569) 627,900 (16.54M) 2.55M 3.74M
Preferred Dividends 420,003 394,042 620,000 0 0
Net Income Available to Common (756,572) 233,858 (8.09M) 2.55M 3.74M
EPS (Basic) (8.00) 1.43 (100.00) 0.54 0.65
Basic Shares Outstanding 80,520 163,507 175,730 4.68M 5.74M
EPS (Diluted) (8.00) 1.38 (100.00) 0.54 0.63
Diluted Shares Outstanding 80,520 169,653 175,730 4.76M 5.93M
EBITDA 1.25M 3.96M 754,000 8.43M 9.67M
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