Airnet Technology Inc. - Understand $ante stock

$ANTE Market Cap: $6.567 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.956M

TTM

Gross Margin

-220.53%

TTM

Net Earnings

$3.825M

TTM

Current Assets

$54.63M

Q2 2024

Current Liabilities

$81.48M

Q2 2024

Current Ratio

67.05%

Q2 2024

Total Assets

$96.37M

Q2 2024

Total Liabilities

$52.16M

Q2 2024

Book Value

$44.21M

Q2 2024

Cash

P/E

1.717

Nov 29, 2024 EST

Free Cash Flow

-$26.43M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$845.0K	$2.868M	$11.68M	$23.40M	$26.00M	$24.50M	$23.80M	$16.50M	$50.20M	$74.70M	$91.30M	$286.7M	$270.6M	$230.5M	$149.4M	$119.4M	$41.60M	$17.90M	$1.300M
YoY Change	-70.54%	-75.44%	-50.1%	-10.0%	6.12%	2.94%	44.24%	-67.13%	-32.8%	-18.18%	-68.15%	5.95%	17.4%	54.28%	25.13%	187.02%	132.4%	1276.92%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$845.0K	$2.868M	$11.68M	$23.40M	$26.00M	$24.50M	$23.80M	$16.50M	$50.20M	$74.70M	$91.30M	$286.7M	$270.6M	$230.5M	$149.4M	$119.4M	$41.60M	$17.90M	$1.300M
Cost Of Revenue	$1.376M	$5.223M	$14.78M	$19.60M	$33.60M	$32.60M	$59.00M	$49.00M	$89.60M	$96.60M	$97.70M	$250.6M	$244.5M	$197.9M	$147.5M	$71.00M	$21.40M	$10.00M	$3.200M
Gross Profit	-$531.0K	-$2.355M	-$3.098M	$3.800M	-$7.600M	-$8.100M	-$35.20M	-$32.50M	-$39.30M	-$21.90M	-$6.500M	$36.10M	$26.20M	$32.60M	$1.900M	$48.40M	$20.30M	$7.900M	-$1.800M
Gross Profit Margin	-62.84%	-82.11%	-26.53%	16.24%	-29.23%	-33.06%	-147.9%	-196.97%	-78.29%	-29.32%	-7.12%	12.59%	9.68%	14.14%	1.27%	40.54%	48.8%	44.13%	-138.46%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$3.290M	$7.163M	$10.51M	$12.30M	$24.70M	$40.10M	$76.30M	$57.30M	$36.70M	$33.50M	$24.30M	$39.80M	$40.20M	$42.80M	$48.40M	$24.50M	$26.80M	$4.000M	$800.0K
YoY Change	-54.07%	-31.85%	-14.54%	-50.2%	-38.4%	-47.44%	33.16%	56.13%	9.55%	37.86%	-38.94%	-1.0%	-6.07%	-11.57%	97.55%	-8.58%	570.0%	400.0%
% of Gross Profit				323.68%								110.25%	153.44%	131.29%	2547.37%	50.62%	132.02%	50.63%
Research & Development	$35.00K	$35.00K	$365.0K	$700.0K	$1.200M
YoY Change	0.0%	-90.41%	-47.86%	-41.67%
% of Gross Profit				18.42%
Depreciation & Amortization	$963.0K	$2.836M	$3.954M	$1.330M	$1.020M	$1.560M	$12.05M	$12.97M	$5.770M	$6.290M	$11.81M	$24.03M	$25.14M	$23.48M	$16.51M	$5.550M	$1.390M	$520.0K	$320.0K
YoY Change	-66.04%	-28.28%	197.29%	30.39%	-34.62%	-87.05%	-7.09%	124.78%	-8.27%	-46.74%	-50.85%	-4.42%	7.07%	42.22%	197.48%	299.28%	167.31%	62.5%
% of Gross Profit				35.0%								66.57%	95.95%	72.02%	868.95%	11.47%	6.85%	6.58%
Operating Expenses	$3.325M	$11.72M	$10.88M	$13.10M	$25.80M	$40.10M	$76.30M	$57.30M	$36.70M	$33.50M	$24.30M	$39.80M	$40.20M	$42.80M	$48.40M	$24.50M	$26.80M	$4.100M	$800.0K
YoY Change	-71.64%	7.8%	-16.98%	-49.22%	-35.66%	-47.44%	33.16%	56.13%	9.55%	37.86%	-38.94%	-1.0%	-6.07%	-11.57%	97.55%	-8.58%	553.66%	412.5%
Operating Profit	-$3.856M	-$14.08M	-$13.97M	-$9.300M	-$33.40M	-$48.20M	-$111.5M	-$89.80M	-$76.00M	-$55.40M	-$30.80M	-$3.700M	-$14.00M	-$10.20M	-$46.50M	$23.90M	-$6.500M	$3.800M	-$2.600M
YoY Change	-72.61%	0.75%	50.26%	-72.16%	-30.71%	-56.77%	24.16%	18.16%	37.18%	79.87%	732.43%	-73.57%	37.25%	-78.06%	-294.56%	-467.69%	-271.05%	-246.15%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	-$206.0K	-$3.581M	-$4.110M	-$3.700M	-$3.100M	-$100.0K	$2.600M	$800.0K	$500.0K	$1.100M	-$200.0K	$1.400M	$1.200M	$1.600M	$2.000M	$5.400M	$1.700M	$0.00	$0.00
YoY Change	-94.25%	-12.87%	11.08%	19.35%	3000.0%	-103.85%	225.0%	60.0%	-54.55%	-650.0%	-114.29%	16.67%	-25.0%	-20.0%	-62.96%	217.65%
% of Operating Profit																22.59%		0.0%
Other Income/Expense, Net	$3.980M	$1.785M	$581.0K	$9.100M	$3.300M	$7.900M	$200.0K	$4.200M	$1.400M	$1.000M	$700.0K	$2.800M	$1.800M	$900.0K	$1.200M	$1.100M	$0.00	$0.00	$0.00
YoY Change	122.97%	207.23%	-93.62%	175.76%	-58.23%	3850.0%	-95.24%	200.0%	40.0%	42.86%	-75.0%	55.56%	100.0%	-25.0%	9.09%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	$124.0K	-$12.29M	-$17.50M	-$3.800M	-$33.20M	-$40.90M	-$175.9M	-$84.70M	-$74.20M	-$53.40M	-$30.30M	-$29.80M	-$12.70M	-$8.600M	-$43.20M	$30.40M	-$4.800M	$3.900M	-$2.700M
YoY Change	-101.01%	-29.76%	360.61%	-88.55%	-18.83%	-76.75%	107.67%	14.15%	38.95%	76.24%	1.68%	134.65%	47.67%	-80.09%	-242.11%	-733.33%	-223.08%	-244.44%
Income Tax	$1.000K	$17.00K	$284.0K	-$10.20M	$700.0K	$200.0K	$600.0K	$4.500M	$6.400M	-$1.500M	-$500.0K	$2.500M	$300.0K	-$700.0K	-$6.000M	-$500.0K	-$200.0K	-$200.0K	-$300.0K
% Of Pretax Income	0.81%															-1.64%		-5.13%
Net Earnings	-$574.0K	-$13.34M	-$17.34M	$7.500M	-$31.50M	-$90.10M	-$156.5M	-$65.60M	$149.6M	-$25.70M	-$10.60M	-$32.70M	-$9.600M	-$4.900M	-$37.20M	$30.20M	-$5.100M	$4.100M	-$2.400M
YoY Change	-95.7%	-23.07%	-331.13%	-123.81%	-65.04%	-42.43%	138.57%	-143.85%	-682.1%	142.45%	-67.58%	240.63%	95.92%	-86.83%	-223.18%	-692.16%	-224.39%	-270.83%
Net Earnings / Revenue	-67.93%	-464.96%	-148.45%	32.05%	-121.15%	-367.76%	-657.56%	-397.58%	298.01%	-34.4%	-11.61%	-11.41%	-3.55%	-2.13%	-24.9%	25.29%	-12.26%	22.91%	-184.62%
Basic Earnings Per Share	-$0.09	-$1.71	-$3.95	$2.39
Diluted Earnings Per Share	-$0.09	-$1.71	-$98.70K	$59.62K	-$250.6K	-$716.8K	-$6.235M	-$2.614M	$6.156M	-$215.4K	-$88.04K	-$263.1K	-$370.7K	-$186.3K	-$1.414M	$1.094M	-$346.9K	$328.0K	-$192.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$150.0K	$2.700M	$2.228M	$300.0K	$1.000M	$15.50M	$15.40M	$117.5M	$90.70M	$77.80M	$106.2M	$118.3M	$112.7M	$106.5M	$124.3M	$161.5M	$210.9M	$2.100M	$3.000M
YoY Change	-94.44%	21.18%	642.67%	-70.0%	-93.55%	0.65%	-86.89%	29.55%	16.58%	-26.74%	-10.23%	4.97%	5.82%	-14.32%	-23.03%	-23.42%	9942.86%	-30.0%
Cash & Equivalents
Short-Term Investments		$0.00	$659.0K					$0.00	$3.700M	$17.70M	$46.60M	$44.60M		$0.00	$600.0K	$0.00
Other Short-Term Assets	$7.682M	$69.10M	$41.67M	$83.10M	$12.60M	$10.80M	$21.20M	$60.40M	$24.90M	$141.4M	$44.90M	$36.10M	$41.30M	$45.80M	$23.60M	$40.50M	$14.20M	$2.100M	$500.0K
YoY Change	-88.88%	65.82%	-49.85%	559.52%	16.67%	-49.06%	-64.9%	142.57%	-82.39%	214.92%	24.38%	-12.59%	-9.83%	94.07%	-41.73%	185.21%	576.19%	320.0%
Inventory
Prepaid Expenses
Receivables	$19.00K	-$30.20M	-$32.59M	-$47.60M	-$46.00M	-$44.10M	-$36.30M	$9.800M	$9.500M	$23.50M	$107.5M	$101.2M	$92.80M	$62.50M	$40.00M	$38.40M	$13.50M	$5.300M	$1.000M
Other Receivables	$22.06M	$28.20M	$25.34M	$22.80M	$71.40M	$84.10M	$98.30M	$17.50M	$217.5M	$7.100M	$16.50M	$5.900M	$800.0K	$800.0K	$7.100M	$400.0K	$1.400M	$500.0K	$0.00
Total Short-Term Assets	$29.92M	$69.80M	$36.65M	$58.60M	$38.90M	$66.40M	$98.60M	$205.2M	$342.6M	$249.9M	$275.1M	$261.4M	$247.7M	$215.6M	$195.0M	$240.8M	$240.0M	$10.00M	$4.500M
YoY Change	-57.14%	90.46%	-37.46%	50.64%	-41.42%	-32.66%	-51.95%	-40.11%	37.09%	-9.16%	5.24%	5.53%	14.89%	10.56%	-19.02%	0.33%	2300.0%	122.22%
Property, Plant & Equipment	$10.24M	$10.90M	$19.32M	$13.60M	$14.90M	$13.50M	$15.40M	$61.00M	$48.30M	$35.40M	$36.10M	$45.90M	$56.40M	$71.70M	$78.80M	$62.40M	$16.00M	$4.500M	$1.000M
YoY Change	-6.05%	-43.58%	42.06%	-8.72%	10.37%	-12.34%	-74.75%	26.29%	36.44%	-1.94%	-21.35%	-18.62%	-21.34%	-9.01%	26.28%	290.0%	255.56%	350.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$32.02M	$34.10M	$39.55M	$42.50M	$43.00M	$46.30M	$102.4M	$83.90M	$89.60M	$6.000M	$7.800M	$4.300M	$2.000M	$1.700M	$2.000M	$1.100M	$800.0K	$0.00
YoY Change	-6.11%	-13.79%	-6.93%	-1.16%	-7.13%	-54.79%	22.05%	-6.36%	1393.33%	-23.08%	81.4%	115.0%	17.65%	-15.0%	81.82%	37.5%
Other Assets	$0.00	$400.0K	$513.0K	$400.0K	$900.0K	$3.700M	$8.500M	$29.40M	$48.70M	$103.9M	$82.30M	$30.70M	$20.80M	$19.90M	$20.60M	$16.50M	$5.200M	$1.100M	$900.0K
YoY Change	-100.0%	-22.03%	28.25%	-55.56%	-75.68%	-56.47%	-71.09%	-39.63%	-53.13%	26.25%	168.08%	47.6%	4.52%	-3.4%	24.85%	217.31%	372.73%	22.22%
Total Long-Term Assets	$42.26M	$45.30M	$59.39M	$56.50M	$58.80M	$63.40M	$126.4M	$176.0M	$189.0M	$145.7M	$127.7M	$82.50M	$113.8M	$131.6M	$121.7M	$89.10M	$26.90M	$10.50M	$1.900M
YoY Change	-6.71%	-23.72%	5.11%	-3.91%	-7.26%	-49.84%	-28.18%	-6.88%	29.72%	14.1%	54.79%	-27.5%	-13.53%	8.13%	36.59%	231.23%	156.19%	452.63%
Total Assets	$72.17M	$115.1M	$96.04M	$115.1M	$97.70M	$129.8M	$225.0M	$381.2M	$531.6M	$395.6M	$402.8M	$343.9M	$361.5M	$347.2M	$316.7M	$329.9M	$266.9M	$20.50M	$6.400M
YoY Change
Accounts Payable	$11.60M	$15.80M	$18.37M	$22.20M	$35.50M	$39.30M	$48.50M	$40.40M	$36.40M	$39.80M	$81.20M	$72.90M	$63.60M	$39.00M	$30.70M	$15.70M	$4.700M	$2.900M	$800.0K
YoY Change	-26.58%	-13.97%	-17.27%	-37.46%	-9.67%	-18.97%	20.05%	10.99%	-8.54%	-50.99%	11.39%	14.62%	63.08%	27.04%	95.54%	234.04%	62.07%	262.5%
Accrued Expenses	$2.901M	$3.100M	$3.215M	$5.300M	$4.500M	$3.100M	$3.900M	$4.600M	$7.400M	$2.900M	$6.000M	$6.500M	$4.100M	$3.100M	$2.700M	$3.000M	$400.0K	$100.0K	$200.0K
YoY Change	-6.42%	-3.58%	-39.34%	17.78%	45.16%	-20.51%	-15.22%	-37.84%	155.17%	-51.67%	-7.69%	58.54%	32.26%	14.81%	-10.0%	650.0%	300.0%	-50.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$12.80M	$15.17M	$5.700M	$100.0K	$6.100M	$0.00	$0.00	$0.00	$3.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$800.0K
YoY Change	-100.0%	-15.65%	166.21%	5600.0%	-98.36%				-100.0%									-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$84.42M	$101.8M	$105.0M	$113.8M	$113.5M	$112.7M	$75.80M	$90.20M	$107.4M	$125.3M	$111.1M	$104.1M	$87.60M	$65.70M	$47.20M	$25.50M	$7.700M	$7.900M	$2.600M
YoY Change	-17.07%	-3.01%	-7.77%	0.26%	0.71%	48.68%	-15.96%	-16.01%	-14.29%	12.78%	6.72%	18.84%	33.33%	39.19%	85.1%	231.17%	-2.53%	203.85%
Long-Term Debt	$0.00	$0.00	$0.00	$2.600M	$2.600M	$2.800M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change			-100.0%	0.0%	-7.14%
Other Long-Term Liabilities	$8.842M	$0.00	$13.00K	$0.00	$500.0K	$0.00	$25.50M	$24.40M	$26.40M	$1.300M									$200.0K
YoY Change		-100.0%		-100.0%		-100.0%	4.51%	-7.58%	1930.77%
Total Long-Term Liabilities	$8.842M	$0.00	$13.00K	$2.600M	$3.100M	$2.800M	$25.50M	$24.40M	$26.40M	$1.300M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$200.0K
YoY Change		-100.0%	-99.5%	-16.13%	10.71%	-89.02%	4.51%	-7.58%	1930.77%									-100.0%
Total Liabilities	$60.33M	$69.40M	$71.54M	$83.50M	$77.20M	$78.40M	$77.40M	$112.5M	$145.0M	$146.9M	$131.8M	$102.0M	$89.30M	$71.50M	$53.60M	$29.20M	$9.300M	$9.500M	$2.800M
YoY Change	-13.08%	-2.99%	-14.33%	8.16%	-1.53%	1.29%	-31.2%	-22.41%	-1.29%	11.46%	29.22%	14.22%	24.9%	33.4%	83.56%	213.98%	-2.11%	239.29%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	6.571M	7.803M	4.391M	3.145M
Diluted Shares Outstanding	6.571M	7.803M	4.391M	3.145M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $6.5673 Million

About AIRNET TECHNOLOGY INC.

AirNet Technology, Inc. engages in the business of air travel advertisements. The company is headquartered in Beijing, Beijing and currently employs 30 full-time employees. The company went IPO on 2007-11-07. The firm primarily operates through two segments. The Cryptocurrency Mining segment is mainly engaged in cryptocurrency mining business, focusing on expanding its computing powers measured by hash rate, which is devoted to supporting blockchains. The Media Network segment is mainly engaged in selling advertising time slots on its network, primarily air travel advertising network. The firm primarily operates its businesses in domestic market.

Industry: Services-Advertising Agencies Peers: Baosheng Media Group Holdings Ltd ZW Data Action Technologies Inc. TuanChe Ltd