Airship AI FY 2023 revenue $12.3M; guides triple-digit growth in 2024

Airship AI Holdings, Inc.

2025-Q1 EPS reported -$1.40 vs consensus -$0.03 ▼ miss (-5390.2%)

Revenue $12.3M, gross profit $5.8M (47% margin); operating loss $6.6M includes $2.9M stock comp.
Net income $16.4M driven by $23M non-cash gain from warrant/earnout liability revaluation.
Backlog $11.8M; validated pipeline $140M; awarded DHS $10.9M contracts and DOJ contract.
Expects triple-digit revenue growth and positive cash flow in 2024.
Cash $3.1M; net cash used in ops $3.3M; public listing completed Dec 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Airship AI Holdings, Inc. reported the full year ended December 31, 2023 results: revenue $12.3 million, net income $16.4 million. Guidance raised.

Period: the full year ended December 31, 2023
Revenue: $12.3 million
Net income: $16.4 million
Guidance: raised
Result: reported results

Exact text from the filing

Airship AI Reports Full Year 2023 Financial Results FY 2023 Revenue of $12.3 Million

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Airship AI Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-24-004056

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