$80.09M Market Cap.
AIRG Market Cap. (MRY)
AIRG Shares Outstanding (MRY)
AIRG Assets (MRY)
Total Assets
$48.44M
Total Liabilities
$17.47M
Total Investments
$0
AIRG Income (MRY)
Revenue
$60.60M
Net Income
-$8.69M
Operating Expense
$33.73M
AIRG Cash Flow (MRY)
CF Operations
-$3.53M
CF Investing
-$178.00K
CF Financing
$4.30M
AIRG 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% | - |
AIRG Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $48,443,000 (14.72%) | $42,229,000 (-22.37%) | $54,400,000 (-18.06%) | $66,390,000 (20.87%) |
Assets Current | $25,831,000 (35.38%) | $19,081,000 (-29.73%) | $27,154,000 (-23.49%) | $35,489,000 (-21.89%) |
Assets Non-Current | $22,612,000 (-2.32%) | $23,148,000 (-15.04%) | $27,246,000 (-11.83%) | $30,901,000 (225.48%) |
Goodwill & Intangible Assets | $16,644,000 (-12.76%) | $19,079,000 (-13.47%) | $22,048,000 (-12.07%) | $25,074,000 (265.08%) |
Shareholders Equity | $30,969,000 (-1.41%) | $31,413,000 (-21.12%) | $39,825,000 (-9.84%) | $44,173,000 (-7.48%) |
Property Plant & Equipment Net | $5,894,000 (51.17%) | $3,899,000 (-21.74%) | $4,982,000 (-9.00%) | $5,475,000 (130.33%) |
Cash & Equivalents | $8,510,000 (7.98%) | $7,881,000 (-33.79%) | $11,903,000 (-17.97%) | $14,511,000 (-61.99%) |
Accumulated Other Comprehensive Income | -$4,000 (-233.33%) | $3,000 (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 | $3,952,000 (64.46%) | $2,403,000 (-43.14%) | $4,226,000 (-52.78%) | $8,949,000 (780.81%) |
Trade & Non-Trade Receivables | $11,671,000 (58.25%) | $7,375,000 (-15.63%) | $8,741,000 (-18.74%) | $10,757,000 (124.95%) |
Trade & Non-Trade Payables | $9,499,000 (46.77%) | $6,472,000 (-0.54%) | $6,507,000 (18.87%) | $5,474,000 (84.00%) |
Accumulated Retained Earnings (Deficit) | -$87,209,000 (-11.06%) | -$78,521,000 (-18.80%) | -$66,093,000 (-15.08%) | -$57,434,000 (-21.30%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $163,000 (7.95%) | $151,000 (8.63%) | $139,000 (27.52%) | $109,000 (87.93%) |
Total Debt | $3,899,000 (153.35%) | $1,539,000 (-36.93%) | $2,440,000 (-20.31%) | $3,062,000 (0%) |
Debt Current | $89,000 (-89.71%) | $865,000 (-4.31%) | $904,000 (7.49%) | $841,000 (0%) |
Debt Non-Current | $3,810,000 (465.28%) | $674,000 (-56.12%) | $1,536,000 (-30.84%) | $2,221,000 (0%) |
Total Liabilities | $17,474,000 (61.56%) | $10,816,000 (-25.79%) | $14,575,000 (-34.40%) | $22,217,000 (209.21%) |
Liabilities Current | $13,501,000 (35.13%) | $9,991,000 (-22.55%) | $12,900,000 (-35.13%) | $19,887,000 (190.07%) |
Liabilities Non-Current | $3,973,000 (381.58%) | $825,000 (-50.75%) | $1,675,000 (-28.11%) | $2,330,000 (608.21%) |
AIRG Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $60,599,000 (8.14%) | $56,040,000 (-26.16%) | $75,895,000 (18.08%) | $64,273,000 (32.52%) |
Cost of Revenue | $35,797,000 (1.47%) | $35,277,000 (-26.39%) | $47,923,000 (20.82%) | $39,666,000 (53.05%) |
Selling General & Administrative Expense | $21,866,000 (-3.50%) | $22,658,000 (-10.11%) | $25,207,000 (6.04%) | $23,771,000 (43.10%) |
Research & Development Expense | $11,864,000 (12.94%) | $10,505,000 (-7.40%) | $11,345,000 (3.89%) | $10,920,000 (19.25%) |
Operating Expenses | $33,730,000 (1.71%) | $33,163,000 (-9.27%) | $36,552,000 (5.36%) | $34,691,000 (34.62%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | -$152,000 (-218.75%) | $128,000 (52.38%) | $84,000 (104.10%) | -$2,049,000 (-850.55%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$8,688,000 (30.09%) | -$12,428,000 (-43.53%) | -$8,659,000 (14.16%) | -$10,087,000 (-207.62%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$8,688,000 (30.09%) | -$12,428,000 (-43.53%) | -$8,659,000 (14.16%) | -$10,087,000 (-207.62%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$8,688,000 (30.09%) | -$12,428,000 (-43.53%) | -$8,659,000 (14.16%) | -$10,087,000 (-207.62%) |
Weighted Average Shares | $11,053,000 (6.36%) | $10,392,000 (1.98%) | $10,190,000 (1.71%) | $10,019,000 (3.14%) |
Weighted Average Shares Diluted | $11,053,000 (6.36%) | $10,392,000 (1.98%) | $10,190,000 (1.71%) | $10,019,000 (3.14%) |
Earning Before Interest & Taxes (EBIT) | -$8,840,000 (28.13%) | -$12,300,000 (-43.44%) | -$8,575,000 (29.34%) | -$12,136,000 (-303.73%) |
Gross Profit | $24,802,000 (19.45%) | $20,763,000 (-25.77%) | $27,972,000 (13.67%) | $24,607,000 (8.95%) |
Operating Income | -$8,928,000 (28.00%) | -$12,400,000 (-44.52%) | -$8,580,000 (14.91%) | -$10,084,000 (-216.71%) |
AIRG Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$178,000 (48.55%) | -$346,000 (53.87%) | -$750,000 (94.97%) | -$14,921,000 (-171.44%) |
Net Cash Flow from Financing | $4,301,000 (1039.08%) | -$458,000 (92.73%) | -$6,304,000 (-359.53%) | $2,429,000 (332.98%) |
Net Cash Flow from Operations | -$3,527,000 (-6.85%) | -$3,301,000 (-174.25%) | $4,446,000 (139.80%) | -$11,170,000 (-401.57%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $589,000 (114.36%) | -$4,102,000 (-57.29%) | -$2,608,000 (88.98%) | -$23,662,000 (-194.08%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$14,185,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$178,000 (48.55%) | -$346,000 (53.87%) | -$750,000 (-1.90%) | -$736,000 (-1.24%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $4,395,000 (1794.40%) | $232,000 (1.75%) | $228,000 (-90.61%) | $2,429,000 (332.98%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$7,000 (-333.33%) | $3,000 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $4,635,000 (25.92%) | $3,681,000 (-26.05%) | $4,978,000 (22.94%) | $4,049,000 (57.92%) |
Depreciation Amortization & Accretion | $3,577,000 (-1.46%) | $3,630,000 (-1.92%) | $3,701,000 (4.25%) | $3,550,000 (225.09%) |
AIRG Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 40.90% (10.24%) | 37.10% (0.54%) | 36.90% (-3.66%) | 38.30% (-17.81%) |
Profit Margin | -14.30% (35.59%) | -22.20% (-94.74%) | -11.40% (27.39%) | -15.70% (-130.88%) |
EBITDA Margin | -8.70% (43.87%) | -15.50% (-142.19%) | -6.40% (52.24%) | -13.40% (-243.59%) |
Return on Average Equity (ROAE) | -28.10% (19.48%) | -34.90% (-67.79%) | -20.80% (0.95%) | -21.00% (-204.35%) |
Return on Average Assets (ROAA) | -19.60% (25.76%) | -26.40% (-82.07%) | -14.50% (0.68%) | -14.60% (-135.48%) |
Return on Sales (ROS) | -14.60% (33.33%) | -21.90% (-93.81%) | -11.30% (40.21%) | -18.90% (-204.84%) |
Return on Invested Capital (ROIC) | -98.20% (26.39%) | -133.40% (-70.59%) | -78.20% (32.59%) | -116.00% (-256.92%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -8.94 (-201.21%) | -2.97 (61.26%) | -7.66 (27.23%) | -10.53 (79.87%) |
Price to Sales Ratio (P/S) | 1.29 (95.15%) | 0.66 (-24.49%) | 0.87 (-47.25%) | 1.66 (-53.47%) |
Price to Book Ratio (P/B) | 2.59 (118.41%) | 1.18 (-29.14%) | 1.67 (-31.21%) | 2.43 (-33.23%) |
Debt to Equity Ratio (D/E) | 0.56 (63.95%) | 0.34 (-6.01%) | 0.37 (-27.24%) | 0.5 (235.33%) |
Earnings Per Share (EPS) | -0.79 (34.17%) | -1.2 (-41.18%) | -0.85 (15.84%) | -1.01 (-197.06%) |
Sales Per Share (SPS) | 5.48 (1.67%) | 5.39 (-27.59%) | 7.45 (16.10%) | 6.42 (28.48%) |
Free Cash Flow Per Share (FCFPS) | -0.34 (4.56%) | -0.35 (-196.69%) | 0.36 (130.56%) | -1.19 (-488.24%) |
Book Value Per Share (BVPS) | 2.8 (-7.31%) | 3.02 (-22.65%) | 3.91 (-11.36%) | 4.41 (-10.30%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.88 (29.13%) | 2.23 (-29.83%) | 3.17 (-23.01%) | 4.12 (-16.64%) |
Enterprise Value Over EBIT (EV/EBIT) | -8 (-300.00%) | -2 (71.43%) | -7 (12.50%) | -8 (82.61%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -14.02 (-319.45%) | -3.34 (72.87%) | -12.32 (-15.59%) | -10.66 (85.21%) |
Asset Turnover | 1.37 (15.22%) | 1.19 (-6.53%) | 1.27 (36.63%) | 0.93 (2.08%) |
Current Ratio | 1.91 (0.16%) | 1.91 (-9.26%) | 2.1 (17.93%) | 1.78 (-73.06%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$3,705,000 (-1.59%) | -$3,647,000 (-198.67%) | $3,696,000 (131.04%) | -$11,906,000 (-499.93%) |
Enterprise Value (EV) | $73,776,151 (154.60%) | $28,977,604 (-51.73%) | $60,035,219 (-34.38%) | $91,495,774 (-33.64%) |
Earnings Before Tax (EBT) | -$8,840,000 (28.13%) | -$12,300,000 (-43.44%) | -$8,575,000 (29.34%) | -$12,136,000 (-303.73%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$5,263,000 (39.30%) | -$8,670,000 (-77.88%) | -$4,874,000 (43.23%) | -$8,586,000 (-348.59%) |
Invested Capital | $13,687,000 (100.78%) | $6,817,000 (-31.75%) | $9,989,000 (0.09%) | $9,980,000 (229.37%) |
Working Capital | $12,330,000 (35.64%) | $9,090,000 (-36.23%) | $14,254,000 (-8.64%) | $15,602,000 (-59.56%) |
Tangible Asset Value | $31,799,000 (37.36%) | $23,150,000 (-28.44%) | $32,352,000 (-21.70%) | $41,316,000 (-14.03%) |
Market Capitalization | $80,093,151 (115.42%) | $37,179,604 (-44.14%) | $66,555,219 (-37.98%) | $107,311,774 (-38.21%) |
Average Equity | $30,970,750 (-13.10%) | $35,639,250 (-14.59%) | $41,727,000 (-13.04%) | $47,982,750 (1.11%) |
Average Assets | $44,233,000 (-6.12%) | $47,116,500 (-21.06%) | $59,683,250 (-13.53%) | $69,021,500 (29.72%) |
Invested Capital Average | $9,001,000 (-2.38%) | $9,220,750 (-15.94%) | $10,968,750 (4.82%) | $10,464,750 (13.02%) |
Shares | 11,344,639 (8.63%) | 10,443,709 (2.15%) | 10,223,536 (1.27%) | 10,095,181 (3.35%) |
