Madison Air Solutions Corporation

MAIR

MAIRMadison Air Solutions Corporation US flag

New York Stock Exchange

38.07

USD

+0.89

- -

19.09BMarket Cap

Income Statement (USD)

API ChatGPT

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

Sales/Revenue/Turnover	2,556	2,625	3,519
+ Sales & Services Revenue	2,556	2,625	3,519
- Cost of Revenue	1,618	1,618	2,155
+ Cost of Goods & Services	1,618	1,618	2,155
Gross Profit	938	1,007	1,364
+ Other Operating Income	- -	- -	- -
- Operating Expenses	519	520	863
+ Selling, General & Admin	391	389	515
+ Research & Development	- -	- -	- -
+ Other Operating Expense	128	132	348
Operating Income (Loss)	419	486	502
- Non-Operating (Income) Loss	331	297	392
+ Interest Expense, Net	314	295	398
+ Interest Expense	314	295	398
- Interest Income	- -	- -	- -
+ Other Non-Op (Income) Loss	16	2	-6
Pretax Income	88	189	109
- Income Tax Expense (Benefit)	38	36	50
- (Income) Loss from Affiliates	- -	- -	- -
Income (Loss) from Cont Ops	50	154	60
- Net Extraordinary Losses (Gains)	10	39	56
+ Discontinued Operations	26	83	-1
+ Extraord. & Accounting Changes	-16	-43	57
Income (Loss) Incl. MI	40	114	4
- Minority Interest	-18	-61	-27
Net Income, GAAP	58	175	31
- Preferred Dividends	- -	- -	- -
- Other Adjustments	- -	- -	- -
Net Income Avail to Common, GAAP	58	175	31
EBIT	419	486	502
EBITDA	567	627	692
EBITDA Margin (%)	22.18	23.9	19.65
EBITA	419	486	502
Gross Margin (%)	36.69	38.36	38.77
Operating Margin (%)	16.38	18.54	14.25
Profit Margin (%)	2.28	6.68	0.88
Sales per Employee	- -	- -	- -
Dividend per Share	- -	- -	- -
Depreciation Expense	148	141	190
Basic Weighted Avg Shares	489	489	489
Basic EPS, GAAP	0.12	0.36	0.06
Basic EPS from Cont Ops	0.1	0.31	0.12
Diluted Weighted Avg Shares	489	489	489
Diluted EPS, GAAP	0.12	0.36	0.06
Diluted EPS from Cont Ops	0.1	0.31	0.12

Balance Sheet (USD)

API ChatGPT

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

Total Current Assets	1,084	1,152	1,136
+ Cash, Cash Equivalents & STI	302	419	208
+ Cash & Cash Equivalents	287	340	208
+ ST Investments	15	79	- -
+ Accounts & Notes Receiv	354	404	475
+ Accounts Receivable, Net	338	387	475
+ Notes Receivable, Net	16	18	- -
+ Loans Receivable, Net	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -
+ Inventories	282	293	408
+ Raw Materials	146	142	216
+ Work In Process	26	29	33
+ Finished Goods	110	123	160
+ Inventory Adjustments	- -	- -	- -
+ Other Inventory	- -	- -	- -
+ Other ST Assets	146	35	44
+ Misc ST Assets	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -
Total Noncurrent Assets	5,301	4,301	7,041
+ Property, Plant & Equip, Net	251	230	372
+ Property, Plant & Equip	367	375	561
- Accumulated Depreciation	117	146	190
+ LT Investments & Receivables	- -	- -	- -
+ LT Investments	- -	- -	- -
+ LT Receivables	- -	- -	- -
+ Other LT Assets	5,050	4,071	6,669
+ Total Intangible Assets	4,084	3,959	6,550
+ Goodwill	2,236	2,226	3,318
+ Other Intangible Assets	1,848	1,733	3,232
+ LT Deferred Tax Assets	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -
+ Misc LT Assets	966	112	119
Total Assets	6,384	5,453	8,177
+ Payables & Accruals	407	308	525
+ Accounts Payable	169	213	260
+ Accrued Taxes	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -
+ Other Payables & Accruals	237	95	265
+ ST Debt	27	47	28
+ ST Borrowings	27	29	28
+ ST Finance Leases	- -	18	- -
+ Other ST Liabilities	108	167	128
+ Deferred Revenue	57	77	128
+ Derivatives & Hedging	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Misc ST Liabilities	51	90	- -
Total Current Liabilities	542	522	681
+ LT Debt	4,114	4,103	5,623
+ LT Borrowings	4,114	4,103	5,623
+ LT Finance Leases	- -	- -	- -
+ Other LT Liabilities	582	920	1,791
+ Accrued Liabilities	342	285	651
+ Pension Liabilities	- -	- -	- -
+ Deferred Revenue	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -
+ Misc LT Liabilities	241	636	1,140
Total Noncurrent Liabilities	4,696	5,024	7,414
Total Liabilities	5,238	5,546	8,095
+ Preferred Equity and Hybrid Capital	- -	- -	- -
+ Share Capital & APIC	941	- -	- -
+ Common Stock	- -	- -	- -
+ Additional Paid in Capital	941	- -	- -
- Treasury Stock	- -	- -	- -
+ Retained Earnings	70	-17	-37
+ Other Equity	- -	-41	- -
Equity Before Minority Interest	1,011	-495	-37
+ Minority/Non Controlling Interest	136	403	119
Total Equity	1,146	-92	82
Total Liabilities & Equity	6,384	5,453	8,177
Shares Outstanding	489	489	489
Number of Employees	- -	- -	- -
Capital Leases - Total	- -	18	- -
Net Debt	3,854	3,792	5,442
Net Debt to Equity	336.2	-4,099.68	6,628.5
Tangible Common Equity Ratio	-127.71	-271.16	-397.6
Current Ratio	2	2.21	1.67
Cash Conversion Cycle	- -	72.48	66.13

Cash Flow Statement (USD)

API ChatGPT

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

+ Net Income	50	154	126
+ Depreciation & Amortization	148	141	190
+ Non-Cash Items	-26	-55	137
+ Stock-Based Compensation	- -	- -	- -
+ Deferred Income Taxes	-49	-58	1
+ Asset Impairment Charge	- -	- -	- -
+ Other Non-Cash Adj	22	2	136
+ Chg in Non-Cash Work Cap	65	-19	27
+ (Inc) Dec in Accts Receiv	-24	-56	-23
+ (Inc) Dec in Inventories	68	-16	-36
+ (Inc) Dec in Prepaid Assets	- -	- -	- -
+ Inc (Dec) in Accts Payable	15	52	40
+ Inc (Dec) in Other	6	1	46
+ Net Cash From Disc Ops	51	-202	- -
Cash from Operating Activities	288	18	480
+ Change in Fixed & Intang	- -	- -	- -
+ Disp in Fixed & Intang	9	6	3
+ Disp of Fixed Prod Assets	9	6	3
+ Disp of Intangible Assets	- -	- -	- -
+ Acq of Fixed & Intang	-26	-28	-41
+ Acq of Fixed Prod Assets	-26	-28	-41
+ Acq of Intangible Assets	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	158
+ Increase in Capital Stock	- -	- -	158
+ Decrease in Capital Stock	- -	- -	- -
+ Net Change in LT Investment	-15	-61	80
+ Dec in LT Investment	- -	150	120
+ Inc in LT Investment	-15	-211	-39
+ Net Cash From Acq & Div	- -	- -	-2,301
+ Cash from Divestitures	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-2,301
+ Cash for JVs	- -	- -	- -
+ Other Investing Activities	-4	1,145	-90
+ Net Cash From Disc Ops	-4	1,145	5
Cash from Investing Activities	-36	1,062	-2,348
+ Dividends Paid	- -	- -	- -
+ Net Cash From Debt	-29	-28	1,601
+ Cash From Debt	- -	- -	1,828
+ Repayments of Debt	-29	-28	-227
+ Other Financing Activities	-12	-1,017	-22
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Financing Activities	-41	-1,045	1,737
Effect of Foreign Exchange Rates	2	-3	- -
Net Changes in Cash	212	35	-131
EBITDA	567	627	692
EBITDA Margin (%)	22.18	23.9	19.65
Free Cash Flow	262	-10	440
Net Cash Paid for Acquisitions	- -	- -	2,301
Free Cash Flow to Firm	441	229	656
Free Cash Flow to Equity	- -	-32	2,043
Free Cash Flow per Basic Share	0.54	-0.02	0.9
Price/Free Cash Flow	- -	- -	- -
Cash Flow to Net Income	4.95	0.1	15.6
Capital Expenditures	-26	-28	-41