Airship AI Holdings, Inc.

AISP

AISPAirship AI Holdings, Inc. US flag

NASDAQ Global Market

2.16

USD

+0.14

- -

74.39MMarket Cap

Profitability (USD)

Profitability Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-11.99	327.52	-580.59	176.73
Return on Capital (%)	- -	- -	-159.14	- -	-100.48
Return on Invested Capital (%)	- -	- -	- -	- -	- -
Gross Margin (%)	53.59	57.88	46.87	45.67	50.24
EBITDA Margin (%)	-46.56	-15.75	-49.02	-14.23	-44.63
Operating Margin (%)	-46.96	-19.41	-53.99	-15.21	-47.1
Incremental Operating Margin (%)	- -	- -	-19.41	- -	- -
Pretax Margin (%)	-39.3	-3.28	133.1	-249.3	191.38
Profit Margin (%)	-39.3	-3.35	133.1	-249.3	191.38
Net Income to Common Margin (%)	-39.3	-3.35	133.1	-249.3	191.38
Effective Tax Rate (%)	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	1	1	4	1	1
ST Debt	- -	1	3	- -	- -
LT Debt	1	- -	1	1	- -
Total Debt/EBITDA	-0.19	-0.55	-0.65	-0.29	-0.13
Net Debt/EBITDA	0.03	-0.05	0.05	3.48	1.72
Total Debt/EBIT	-0.19	-0.45	-0.59	-0.27	-0.12
Net Debt/EBIT	0.03	-0.04	0.05	3.26	1.63
EBITDA to Interest Expense	-286.43	-30.45	-108.27	-3.27	- -
EBITDA-CapEx/Interest Expense	-286.43	-30.45	-108.27	-3.27	- -
EBIT to Interest Expense	-288.94	-37.52	-119.25	-3.49	- -
Interest Expense	- -	- -	- -	1	- -
Common Equity/Total Assets	-199.21	-213.82	-287.25	-386.82	-36.71
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-15.71	-4.72	-6.97	-1.23	-6.76
Long-Term Debt/Total Assets (%)	27.05	8.58	15.5	4.66	2.18
Total Debt/Equity (%)	-13.58	-15.03	-22.55	-1.78	-12.08
Total Debt/Capital (%)	-15.71	-17.7	-29.12	-1.81	-13.74
Total Debt/Total Assets (%)	27.05	32.15	64.78	6.88	4.44
Net Debt to Equity	2.42	-1.51	1.71	21.53	164.34
Net Debt/Capital (%)	2.36	-1.7	1.79	17.98	65.15
EBITDA	-6	-2	-6	-3	-7
EBITDA-CapEx	-6	-2	-6	-3	-7
Operating Income (Loss)	-6	-3	-7	-4	-7

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.27	0.05	0.26	2.02	1.87
Current Ratio	0.45	0.33	0.4	2.24	2.94
Quick Ratio	0.44	0.33	0.4	2.24	2.9
CFO/Avg Current Liab	- -	-0.53	-0.37	-0.74	-1.34
Common Equity/Total Assets	-199.21	-213.82	-287.25	-386.82	-36.71
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-15.71	-4.72	-6.97	-1.23	-6.76
Long-Term Debt/Total Assets (%)	27.05	8.58	15.5	4.66	2.18
Total Debt/Equity (%)	-13.58	-15.03	-22.55	-1.78	-12.08
Total Debt/Capital (%)	-15.71	-17.7	-29.12	-1.81	-13.74
Total Debt/Total Assets (%)	27.05	32.15	64.78	6.88	4.44
CFO/Total Liabilities	-40.65	-23.66	-13.96	-9.75	-30.07
CFO/CapEx	- -	- -	- -	- -	- -
Altman's Z-Score	6.94	9.85	-6	-4.48	-0.72

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	18.93	10.45	16.03	3.99
Days Sales Outstanding	- -	19.28	34.94	22.77	91.59
Inventory Turnover	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	31.39	4.18	6.83	7.99
Accounts Payable Turnover Days	- -	11.63	87.27	53.45	45.71
Cash Conversion Cycle	- -	7.65	-52.33	-30.68	45.89
Inventory to Cash Days	- -	19.28	34.94	22.77	91.59
Inventories	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	267	275	39	191	99
- Cash & Cash Equivalents	1	- -	3	11	12
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
+ Total Debt	1	1	4	1	1
Enterprise Value	267	276	40	181	88
Total Capital	-7	-7	-14	-52	-6
Total Debt/Capital (%)	-15.71	-17.7	-29.12	-1.81	-13.74
Total Debt / EV	- -	- -	0.1	0.01	0.01
EV/Sales	20.47	18.97	3.22	7.85	5.77
EV/EBITDA	- -	- -	38.01	- -	- -
EV/EBIT	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -
Diluted Market Cap	223	230	35	154	112
Diluted Enterprise Value	223	231	35	143	101
EV per Share	9.78	10.12	1.74	5.92	2.57
TTM Sales	13	15	12	23	15
TTM EBITDA	-6	-2	-6	-3	-7
TTM Operating Income	-6	-3	-7	-4	-7
TTM Cash Flow to Firm	-5	-3	-3	-6	-8
TTM Free Cash Flow to Firm	-5	-3	-3	-6	-8

Multiples (USD)

Valuation Multiples API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-43.51	-79.22	-10.53	-23.66	-13.97
EV/EBIT	- -	- -	- -	- -	- -
Enterprise Value	267	276	40	181	88
Low Price	9.6	9.66	1.66	1.34	2.71
EV/Sales	20.47	18.97	3.22	7.85	5.77
EV/EBITDA	- -	- -	38.01	- -	- -
Price/Earnings	- -	- -	1.42	- -	3.19
Price/Earnings Average	-43.23	-460.66	8.64	-1.68	5.08
Price/Earnings High	-45.01	-472.16	11.16	-6.13	7.96
Price/Earnings Low	-42.74	-452.04	1.39	-0.57	3
Price/Book Value	-31.77	-32.9	-2.22	-3.61	-13.89
Price/Book Value Average	-31.51	-32.13	-13.5	-2.27	-22.07
Price/Book Value High	-32.8	-32.93	-17.43	-8.26	-34.61
Price/Book Value Low	-31.15	-31.53	-2.17	-0.77	-13.03
Price/Tangible Book Value	-31.77	-32.9	-2.22	-3.61	-13.89
Price/Tangible Book Value Average	-31.51	-32.13	-13.5	-2.27	-22.07
Price/Tangible Book Value High	-32.8	-32.93	-17.43	-8.26	-34.61
Price/Tangible Book Value Low	-31.15	-31.53	-2.17	-0.77	-13.03
Price/Sales	17.13	15.8	1.89	6.68	6.11
Price/Sales Average	16.99	15.44	11.5	4.19	9.71
Price/Sales High	17.69	15.82	14.85	15.27	15.23
Price/Sales Low	16.8	15.15	1.85	1.43	5.73
Price/Cash Flow	-43.51	-79.22	-7.06	-23.66	-11.7
Price/Cash Flow Average	-43.16	-77.37	-42.99	-14.84	-18.59
Price/Cash Flow High	-44.93	-79.3	-55.49	-54.13	-29.15
Price/Cash Flow Low	-42.67	-75.92	-6.9	-5.07	-10.97
Price/Free Cash Flow Average	-43.16	-77.37	-64.12	-14.84	-22.19
Price/Free Cash Flow High	-44.93	-79.3	-82.77	-54.13	-34.79
Price/Free Cash Flow Low	-42.67	-75.92	-10.28	-5.07	-13.1
EV/Sales Average	20.3	18.52	19.26	4.76	9.59
EV/Sales High	21.14	18.98	24.85	18.55	15.44
EV/Sales Low	20.07	18.18	3.15	1.32	5.37
EV/EBITDA Average	-43.6	-117.6	-39.3	-33.42	-21.49
EV/EBITDA High	-45.4	-120.52	-50.69	-130.33	-34.6
EV/EBITDA Low	-43.11	-115.41	-6.42	-9.3	-12.03
EV/EBIT Average	-43.22	-95.44	-35.68	-31.28	-20.36
EV/EBIT High	-45	-97.81	-46.02	-121.98	-32.78
EV/EBIT Low	-42.73	-93.66	-5.83	-8.71	-11.4
Last Price	9.79	10.08	1.7	6.26	2.89
High Price	10.11	10.09	13.36	14.32	7.2
Enterprise Value Average	265	269	237	110	147
Enterprise Value High	276	276	306	428	237
Enterprise Value Low	262	264	39	31	82

Profitability (USD)

Profitability Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-11.99	327.52	-580.59	176.73
Return on Capital (%)	- -	- -	-159.14	- -	-100.48
Return on Invested Capital (%)	- -	- -	- -	- -	- -
Gross Margin (%)	53.59	57.88	46.87	45.67	50.24
EBITDA Margin (%)	-46.56	-15.75	-49.02	-14.23	-44.63
Operating Margin (%)	-46.96	-19.41	-53.99	-15.21	-47.1
Incremental Operating Margin (%)	- -	- -	-19.41	- -	- -
Pretax Margin (%)	-39.3	-3.28	133.1	-249.3	191.38
Profit Margin (%)	-39.3	-3.35	133.1	-249.3	191.38
Net Income to Common Margin (%)	-39.3	-3.35	133.1	-249.3	191.38
Effective Tax Rate (%)	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	1	1	4	1	1
ST Debt	- -	1	3	- -	- -
LT Debt	1	- -	1	1	- -
Total Debt/EBITDA	-0.19	-0.55	-0.65	-0.29	-0.13
Net Debt/EBITDA	0.03	-0.05	0.05	3.48	1.72
Total Debt/EBIT	-0.19	-0.45	-0.59	-0.27	-0.12
Net Debt/EBIT	0.03	-0.04	0.05	3.26	1.63
EBITDA to Interest Expense	-286.43	-30.45	-108.27	-3.27	- -
EBITDA-CapEx/Interest Expense	-286.43	-30.45	-108.27	-3.27	- -
EBIT to Interest Expense	-288.94	-37.52	-119.25	-3.49	- -
Interest Expense	- -	- -	- -	1	- -
Common Equity/Total Assets	-199.21	-213.82	-287.25	-386.82	-36.71
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-15.71	-4.72	-6.97	-1.23	-6.76
Long-Term Debt/Total Assets (%)	27.05	8.58	15.5	4.66	2.18
Total Debt/Equity (%)	-13.58	-15.03	-22.55	-1.78	-12.08
Total Debt/Capital (%)	-15.71	-17.7	-29.12	-1.81	-13.74
Total Debt/Total Assets (%)	27.05	32.15	64.78	6.88	4.44
Net Debt to Equity	2.42	-1.51	1.71	21.53	164.34
Net Debt/Capital (%)	2.36	-1.7	1.79	17.98	65.15
EBITDA	-6	-2	-6	-3	-7
EBITDA-CapEx	-6	-2	-6	-3	-7
Operating Income (Loss)	-6	-3	-7	-4	-7

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.27	0.05	0.26	2.02	1.87
Current Ratio	0.45	0.33	0.4	2.24	2.94
Quick Ratio	0.44	0.33	0.4	2.24	2.9
CFO/Avg Current Liab	- -	-0.53	-0.37	-0.74	-1.34
Common Equity/Total Assets	-199.21	-213.82	-287.25	-386.82	-36.71
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-15.71	-4.72	-6.97	-1.23	-6.76
Long-Term Debt/Total Assets (%)	27.05	8.58	15.5	4.66	2.18
Total Debt/Equity (%)	-13.58	-15.03	-22.55	-1.78	-12.08
Total Debt/Capital (%)	-15.71	-17.7	-29.12	-1.81	-13.74
Total Debt/Total Assets (%)	27.05	32.15	64.78	6.88	4.44
CFO/Total Liabilities	-40.65	-23.66	-13.96	-9.75	-30.07
CFO/CapEx	- -	- -	- -	- -	- -
Altman's Z-Score	6.94	9.85	-6	-4.48	-0.72

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	18.93	10.45	16.03	3.99
Days Sales Outstanding	- -	19.28	34.94	22.77	91.59
Inventory Turnover	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	31.39	4.18	6.83	7.99
Accounts Payable Turnover Days	- -	11.63	87.27	53.45	45.71
Cash Conversion Cycle	- -	7.65	-52.33	-30.68	45.89
Inventory to Cash Days	- -	19.28	34.94	22.77	91.59
Inventories	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	267	275	39	191	99
- Cash & Cash Equivalents	1	- -	3	11	12
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
+ Total Debt	1	1	4	1	1
Enterprise Value	267	276	40	181	88
Total Capital	-7	-7	-14	-52	-6
Total Debt/Capital (%)	-15.71	-17.7	-29.12	-1.81	-13.74
Total Debt / EV	- -	- -	0.1	0.01	0.01
EV/Sales	20.47	18.97	3.22	7.85	5.77
EV/EBITDA	- -	- -	38.01	- -	- -
EV/EBIT	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -
Diluted Market Cap	223	230	35	154	112
Diluted Enterprise Value	223	231	35	143	101
EV per Share	9.78	10.12	1.74	5.92	2.57
TTM Sales	13	15	12	23	15
TTM EBITDA	-6	-2	-6	-3	-7
TTM Operating Income	-6	-3	-7	-4	-7
TTM Cash Flow to Firm	-5	-3	-3	-6	-8
TTM Free Cash Flow to Firm	-5	-3	-3	-6	-8

Multiples (USD)

Valuation Multiples API ChatGPT

	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-43.51	-79.22	-10.53	-23.66	-13.97
EV/EBIT	- -	- -	- -	- -	- -
Enterprise Value	267	276	40	181	88
Low Price	9.6	9.66	1.66	1.34	2.71
EV/Sales	20.47	18.97	3.22	7.85	5.77
EV/EBITDA	- -	- -	38.01	- -	- -
Price/Earnings	- -	- -	1.42	- -	3.19
Price/Earnings Average	-43.23	-460.66	8.64	-1.68	5.08
Price/Earnings High	-45.01	-472.16	11.16	-6.13	7.96
Price/Earnings Low	-42.74	-452.04	1.39	-0.57	3
Price/Book Value	-31.77	-32.9	-2.22	-3.61	-13.89
Price/Book Value Average	-31.51	-32.13	-13.5	-2.27	-22.07
Price/Book Value High	-32.8	-32.93	-17.43	-8.26	-34.61
Price/Book Value Low	-31.15	-31.53	-2.17	-0.77	-13.03
Price/Tangible Book Value	-31.77	-32.9	-2.22	-3.61	-13.89
Price/Tangible Book Value Average	-31.51	-32.13	-13.5	-2.27	-22.07
Price/Tangible Book Value High	-32.8	-32.93	-17.43	-8.26	-34.61
Price/Tangible Book Value Low	-31.15	-31.53	-2.17	-0.77	-13.03
Price/Sales	17.13	15.8	1.89	6.68	6.11
Price/Sales Average	16.99	15.44	11.5	4.19	9.71
Price/Sales High	17.69	15.82	14.85	15.27	15.23
Price/Sales Low	16.8	15.15	1.85	1.43	5.73
Price/Cash Flow	-43.51	-79.22	-7.06	-23.66	-11.7
Price/Cash Flow Average	-43.16	-77.37	-42.99	-14.84	-18.59
Price/Cash Flow High	-44.93	-79.3	-55.49	-54.13	-29.15
Price/Cash Flow Low	-42.67	-75.92	-6.9	-5.07	-10.97
Price/Free Cash Flow Average	-43.16	-77.37	-64.12	-14.84	-22.19
Price/Free Cash Flow High	-44.93	-79.3	-82.77	-54.13	-34.79
Price/Free Cash Flow Low	-42.67	-75.92	-10.28	-5.07	-13.1
EV/Sales Average	20.3	18.52	19.26	4.76	9.59
EV/Sales High	21.14	18.98	24.85	18.55	15.44
EV/Sales Low	20.07	18.18	3.15	1.32	5.37
EV/EBITDA Average	-43.6	-117.6	-39.3	-33.42	-21.49
EV/EBITDA High	-45.4	-120.52	-50.69	-130.33	-34.6
EV/EBITDA Low	-43.11	-115.41	-6.42	-9.3	-12.03
EV/EBIT Average	-43.22	-95.44	-35.68	-31.28	-20.36
EV/EBIT High	-45	-97.81	-46.02	-121.98	-32.78
EV/EBIT Low	-42.73	-93.66	-5.83	-8.71	-11.4
Last Price	9.79	10.08	1.7	6.26	2.89
High Price	10.11	10.09	13.36	14.32	7.2
Enterprise Value Average	265	269	237	110	147
Enterprise Value High	276	276	306	428	237
Enterprise Value Low	262	264	39	31	82

Shares Outstanding	27	27	23	31	34
Diluted Weighted Avg Shares	23	23	20	25	39
Basic Weighted Avg Shares	23	23	14	25	32
Revenue per Share	0.57	0.64	0.9	0.94	0.47
EBITDA per Share	-0.27	-0.1	-0.44	-0.13	-0.21
Operating Income per Share	-0.27	-0.12	-0.49	-0.14	-0.22
Basic EPS, GAAP	-0.22	-0.02	1.2	-2.34	0.9
Basic EPS from Cont Ops	-0.22	-0.02	1.2	-2.34	0.9
Diluted EPS, GAAP	-0.22	-0.02	0.8	-2.34	0.76
Diluted EPS from Cont Ops	-0.22	-0.02	0.8	-2.34	0.76
Dividend per Share	- -	- -	- -	- -	- -
Cash Flow per Share	-0.22	-0.13	-0.24	-0.26	-0.25
Free Cash Flow per Basic Share	-0.22	-0.13	-0.24	-0.26	-0.25
Cash & Equivalents per Share	0.05	0.01	0.14	0.37	0.34
Book Value per Share	-0.31	-0.31	-0.77	-1.73	-0.21
Tangible Book Value per Share	-0.31	-0.31	-0.77	-1.73	-0.21

Airship AI Holdings, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)