Air T Inc. has released its financial results for the fiscal year ended March 31, 2025. The company reported revenues of $291.9 million, reflecting its ongoing business operations. Adjusted EBITDA for the period stood at $7.4 million. Notably, since September 30, 2013, the number of shares outstanding has decreased from 3.7 million to 2.7 million, a reduction of 23.2%, adjusted for a 3/2 stock split. The management's strategic repurchase of common stock in the open market underlines its alignment with common shareholders. The report highlights the company's continuous focus on growth and cash flow generation over its 40-year history, with 16 companies under its operation and a workforce exceeding 600 employees.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air T Inc. published the original content used to generate this news brief on August 18, 2025, and is solely responsible for the information contained therein.