Airgain Inc (AIRG) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 29, 2020
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Airgain Inc (AIRG, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Airgain Inc provides embedded antenna technologies used to enable high performance wireless networking across home, enterprise, & industrial devices. It designs, develops, and engineers its antenna products for original equipment & design manufacturers. Airgain Inc has a market cap of $76.383 million; its shares were traded at around $7.89 with a P/E ratio of 78.90 and P/S ratio of 1.40. GuruFocus has detected 2 severe warning signs with Airgain Inc. .

For the last quarter Airgain Inc reported a revenue of $13.0 million, compared with the revenue of $16.56 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $55.7 million, a decrease of 8.1% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Airgain Inc had an average revenue growth rate of 20% a year.

The reported diluted earnings per share was 9 cents for the year, an increase of -133.3% from previous year. The Airgain Inc had an operating margin of 0.68%, compared with the operating margin of -5.59% a year before. The 10-year historical median operating margin of Airgain Inc is 1.32%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Airgain Inc has the cash and cash equivalents of $13.2 million, compared with $13.6 million in the previous year. The company had no long term debt. The interest coverage to the debt is at a comfortable level of 76. Airgain Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $7.89, Airgain Inc is traded at 28.8% discount to its historical median P/S valuation band of $11.08. The P/S ratio of the stock is 1.40, while the historical median P/S ratio is 1.98. The stock lost 37.48% during the past 12 months.

For the complete 20-year historical financial data of AIRG, click here.