AIR T FUNDING 8% ALPHA INCOME TR PFD SECS NEW(R/S) | 10-Q: FY2026 Q1 Revenue: USD 70.87 M

Revenue: As of FY2026 Q1, the actual value is USD 70.87 M.

EPS: As of FY2026 Q1, the actual value is USD -0.61.

EBIT: As of FY2026 Q1, the actual value is USD -807 K.

Segment Revenue

• Overnight Air Cargo: $30.6 million for the three months ended June 30, 2025, compared to $30.4 million for the same period in 2024.
• Ground Support Equipment: $15.1 million for the three months ended June 30, 2025, compared to $7.4 million for the same period in 2024.
• Commercial Aircraft, Engines and Parts: $22.0 million for the three months ended June 30, 2025, compared to $26.3 million for the same period in 2024.
• Digital Solutions: $2.1 million for the three months ended June 30, 2025, compared to $1.7 million for the same period in 2024.

Operational Metrics

• Operating Income (Loss): $0.4 million for the three months ended June 30, 2025, compared to -$0.6 million for the same period in 2024.
• Net (Loss) Income: -$0.7 million for the three months ended June 30, 2025, compared to $0.03 million for the same period in 2024.
• Net Loss Attributable to Air T, Inc. Stockholders: -$1.6 million for the three months ended June 30, 2025, compared to -$0.3 million for the same period in 2024.

Cash Flow

• Net Cash (Used in) Provided by Operating Activities: -$1.1 million for the three months ended June 30, 2025, compared to $0.1 million for the same period in 2024.
• Net Cash (Used in) Provided by Investing Activities: -$2.7 million for the three months ended June 30, 2025, compared to $2.0 million for the same period in 2024.
• Net Cash Provided by (Used in) Financing Activities: $12.6 million for the three months ended June 30, 2025, compared to -$1.3 million for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company aims to prudently and strategically diversify its earnings power and compound the growth in its free cash flow per share over time. The company is focusing on its four core industry segments: Overnight Air Cargo, Ground Support Equipment, Commercial Aircraft, Engines and Parts, and Digital Solutions.
• Non-Core Business: The company is also involved in insignificant businesses and business interests, which are managed under the Corporate and Other category.
• Priority: The company believes it has sufficient cash on hand and available liquidity to meet its obligations as they become due in the ordinary course of business for at least 12 months following the date these financial statements are issued.