Income Statement AirNet Technology ADR Nasdaq

Stocks

ANTE

US00941Q2030

Blockchain & Cryptocurrency

Market Closed - Nasdaq 01:29:59 30/09/2026 am IST			5-day change	1st Jan Change
1.005 ^USD	+9.63%		+4.17%	+18.24%

01/09	Yueda Digital Holding Reports Earnings Results for the Half Year Ended June 30, 2026	CI
10/06	Yueda Digital Holding Announces Solon Non-Custodial Control Plane for Autonomous Ai Agents	CI

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Published financial data: AIRNET TECHNOLOGY ADR

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	1.17Cr	28.68L	8L	3L	-7L
Total Revenues	1.17Cr	28.68L	8L	3L	-7L
Cost of Goods Sold, Total	1.48Cr	52.23L	13.76L	3L	-
Gross Profit	-30.98L	-23.55L	-5L	37T	-7L
Selling General & Admin Expenses, Total	1.05Cr	71.63L	32.9L	68.17L	4.43Cr
R&D Expenses	4L	35T	35T	-	-
Other Operating Expenses, Total	1.09Cr	71.98L	33.25L	68.17L	4.43Cr
Operating Income	-1.4Cr	-95.53L	-38.56L	-67.8L	-4.51Cr
Interest Expense, Total	-11.2L	-9L	-3L	-84T	-
Interest And Investment Income	-	-	-	-	1T
Net Interest Expenses	-11.2L	-9L	-3L	-84T	1T
Income (Loss) On Equity Invest.	-	-	-	-	-
Other Non Operating Income (Expenses)	6L	53.66L	41.86L	15T	-2.15Cr
EBT, Excl. Unusual Items	-1.45Cr	-50.98L	10T	-68.49L	-6.65Cr
Gain (Loss) On Sale Of Investments	-29.9L	-26.7L	1L	-37.49L	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-45.26L	-	-	-1.24Cr
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-1.75Cr	-1.23Cr	1L	-1.06Cr	-7.89Cr
Income Tax Expense	3L	17T	1T	-	-
Earnings From Continuing Operations	-1.78Cr	-1.23Cr	1L	-1.06Cr	-7.89Cr
Earnings Of Discontinued Operations	-	-	-3L	-30.5L	5.09Cr
Net Income to Company	-1.78Cr	-1.23Cr	-2L	-1.36Cr	-2.81Cr
Minority Interest	5L	-10.24L	-4L	-3T	-3T
Net Income - (IS)	-1.73Cr	-1.33Cr	-6L	-1.37Cr	-2.81Cr
Net Income to Common Incl Extra Items	-1.73Cr	-1.33Cr	-6L	-1.37Cr	-2.81Cr
Net Income to Common Excl. Extra Items	-1.73Cr	-1.33Cr	-3L	-1.06Cr	-7.89Cr
Per Share Items
Net EPS - Basic	-394.81	-170.89	-8.73	-121.89	-19.26
Basic EPS - Continuing Operations	-394.81	-170.89	-3.91	-94.65	-54.21
Basic Weighted Average Shares Outstanding	43.91T	78.03T	65.71T	1L	14.56L
Net EPS - Diluted	-400	-171	-9	-121.89	-19.26
Diluted EPS - Continuing Operations	-400	-171	-4.18	-94.65	-54.21
Diluted Weighted Average Shares Outstanding	43.91T	78.03T	65.71T	1L	14.56L
Normalized Basic EPS	-196.29	-53.95	-5.69	-38.25	-28.55
Normalized Diluted EPS	-196.29	-53.95	-5.69	-38.25	-28.55
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	-1Cr	-67.17L	-28.93L	-67.51L	-3.59Cr
EBITA	-1.4Cr	-95.53L	-38.56L	-67.8L	-4.51Cr
EBIT	-1.4Cr	-95.53L	-38.56L	-67.8L	-4.51Cr
EBITDAR	-93.03L	-66.98L	-28.87L	-67.49L	-
Total Revenues (As Reported)	1.17Cr	28.68L	8L	3L	-
Effective Tax Rate - (Ratio)	-1.62	-0.14	0.81	-	-
Total Current Taxes	3L	17T	1T	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-86.19L	-42.1L	-4L	-42.84L	-4.16Cr
Supplemental Operating Expense Items
Advertising Expense	1L	24T	-	-	-
Selling and Marketing Expenses	19.78L	14.11L	6L	3L	-
General and Administrative Expenses	85.33L	57.52L	27.31L	65.58L	4.43Cr
Research And Development Expense From Footnotes	4L	35T	35T	-	-
Net Rental Expense, Total	7L	19T	6T	2T	-
Imputed Operating Lease Interest Expense	5L	9.48T	2.39T	-	-
Imputed Operating Lease Depreciation	2L	9.52T	3.61T	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	2L	60T	5T	5L	9L
Total Stock-Based Compensation	2L	60T	5T	5L	9L

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	15.69L	27L	2L	1L	10L
Short Term Investments	39.8L	11.02L	3L	2L	-
Total Cash And Short Term Investments	55.49L	38.02L	4L	4L	10L
Accounts Receivable, Total	22.58L	14.21L	19T	0	-
Other Receivables	2.55Cr	2.77Cr	2.19Cr	2.28Cr	11.31L
Notes Receivable	-	6L	2L	2L	-
Total Receivables	2.77Cr	2.98Cr	2.21Cr	2.3Cr	11.31L
Prepaid Expenses	22.97L	3.58Cr	25.36L	22.75L	-
Restricted Cash	-	-	-	-	32.46L
Other Current Assets, Total	10.53L	4L	48.89L	3L	21Cr
Total Current Assets	3.66Cr	6.98Cr	2.99Cr	2.6Cr	21Cr
Gross Property Plant And Equipment	4.74Cr	3.89Cr	3.51Cr	5.77Cr	10Cr
Accumulated Depreciation	-2.81Cr	-2.8Cr	-2.49Cr	-2.34Cr	-92.01L
Net Property Plant And Equipment	1.93Cr	1.09Cr	1.02Cr	3.43Cr	9.09Cr
Long-term Investments	3.96Cr	3.41Cr	3.2Cr	-	-
Other Intangibles, Total	-	-	-	-	-
Other Long-Term Assets, Total	5L	4L	-	-	96L
Total Assets	9.6Cr	12Cr	7.22Cr	6.02Cr	31Cr
Liabilities
Accounts Payable, Total	1.84Cr	1.58Cr	1.16Cr	1.14Cr	3L
Accrued Expenses, Total	32.62L	31.15L	28.94L	17.09L	-
Short-term Borrowings	1.52Cr	1.4Cr	-	-	-
Current Portion of Leases	8T	10T	6T	-	-
Current Income Taxes Payable	29.63L	18.65L	14.95L	11.52L	-
Unearned Revenue Current, Total	34.28L	77.45L	72.92L	72.69L	-
Other Current Liabilities	6.18Cr	5.93Cr	6.11Cr	5.7Cr	-
Total Current Liabilities	10Cr	10Cr	8.44Cr	7.86Cr	3L
Long-Term Debt	-	-	-	-	-
Long-Term Leases	13T	9T	-	-	-
Other Non Current Liabilities	-	-	88.42L	36.31L	-
Total Liabilities	10Cr	10Cr	9.33Cr	8.22Cr	3L
Common Stock, Total	2L	4L	2L	6L	2.21Cr
Additional Paid In Capital	30Cr	33Cr	30Cr	31Cr	65Cr
Retained Earnings	-30Cr	-32Cr	-32Cr	-33Cr	-36Cr
Treasury Stock	-11.48L	-11.48L	-11.48L	-15.17L	-15.17L
Comprehensive Income and Other	3.17Cr	3.2Cr	3.29Cr	3.26Cr	-1L
Total Common Equity	2.45Cr	4.58Cr	1.18Cr	1.09Cr	31Cr
Minority Interest	-3.34Cr	-3.24Cr	-3.29Cr	-3.29Cr	-
Total Equity	-89.34L	1.34Cr	-2.11Cr	-2.2Cr	31Cr
Total Liabilities And Equity	9.6Cr	12Cr	7.22Cr	6.02Cr	31Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	89.24T	89.24T	1L	3L	55.29L
ECS Total Common Shares Outstanding	44.75T	89.24T	45.01T	1L	55.29L
Book Value / Share	547.49	512.81	263.26	76.24	56.36
Tangible Book Value	2.45Cr	4.58Cr	1.18Cr	1.09Cr	31Cr
Tangible Book Value Per Share	547.49	512.81	263.26	76.24	56.36
Total Debt	1.52Cr	1.4Cr	6T	0	0
Net Debt	96.46L	1.02Cr	-4L	-4L	-10L
Debt Equivalent Oper. Leases	57.36L	2L	48T	16T	-
Minority Interest, Total (Incl. Fin. Div)	-3.34Cr	-3.24Cr	-3.29Cr	-3.29Cr	-
Equity Method Investments, Total	1.18Cr	50.83L	38.48L	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	3.85Cr	3.47Cr	2.64Cr	2.57Cr	-
Full Time Employees	71	39	30	17	18
Accumulated Allowance for Doubtful Accounts (Supple)	31.5L	28.9L	29.53L	28.7L	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-1.73Cr	-1.33Cr	-6L	-1.37Cr	-2.81Cr
Depreciation & Amortization - CF	45.25L	28.53L	10L	31T	92.01L
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	45.25L	28.53L	10L	31T	92.01L
(Gain) Loss From Sale Of Asset	-	-	-	-	2.15Cr
(Gain) Loss on Sale of Investments - (CF)	29.9L	26.7L	-1L	37.49L	-
Asset Writedown & Restructuring Costs	-	45.1L	-	-	4.88Cr
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	2L	60T	5T	5L	9L
Provision and Write-off of Bad Debts	3L	1L	-1L	-3T	-
Net Cash From Discontinued Operations	-	-	-1L	3.05Cr	2.4Cr
Other Operating Activities, Total	69T	10.51L	8L	54.85L	-5.09Cr
Change In Accounts Receivable	78.82L	7L	13.38L	22T	-
Change In Accounts Payable	-38.46L	-25.91L	-41.73L	-2L	-
Change in Unearned Revenues	8L	43.17L	-5L	-23T	-
Change In Income Taxes	6L	-10.98L	-4L	-3L	-
Change in Other Net Operating Assets	-11.14L	13.4L	10L	-33.74L	-1.84Cr
Cash from Operations	-49.75L	6L	-18.17L	2.27Cr	70.54L
Capital Expenditure	-	-	-	-2.43Cr	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-20T	-
Investment in Marketable and Equity Securities, Total	-	-	-	2.74Cr	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-3.23Cr	-14.95L
Cash from Investing	-	-	-	-2.92Cr	-14.95L
Short Term Debt Issued, Total	1.89Cr	1.43Cr	1.16Cr	2L	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	1.89Cr	1.43Cr	1.16Cr	2L	-
Short Term Debt Repaid, Total	-82.93L	-1.19Cr	-1.28Cr	-	-
Long-Term Debt Repaid, Total	-2.08Cr	-5L	-	-	-
Total Debt Repaid	-2.91Cr	-1.25Cr	-1.28Cr	-	-
Issuance of Common Stock	-	-	-	57L	2.91Cr
Other Financing Activities, Total	7L	-6L	-	2L	-
Cash from Financing	-94.33L	12.12L	-12.22L	61.55L	2.91Cr
Foreign Exchange Rate Adjustments	4L	-8L	5L	3L	-3.38Cr
Miscellaneous Cash Flow Adjustments	-	1L	-	-	-
Net Change in Cash	-1.4Cr	11.31L	-25.3L	-57T	9L
Supplemental Items
Cash Interest Paid	8L	8L	-	-	-
Cash Income Tax Paid (Refund)	72T	12T	-	-	-
Levered Free Cash Flow	38.25T	-4.05Cr	3.05Cr	-2.99Cr	-28Cr
Unlevered Free Cash Flow	7L	-3.99Cr	3.07Cr	-2.99Cr	-28Cr
Change In Net Working Capital	-47.61L	3.69Cr	-3.21Cr	19.09L	26Cr
Net Debt Issued / Repaid	-1.01Cr	18.13L	-12.22L	2L	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-8.27	-5.65	-2.57	-6.4	-15.14
Return on Total Capital	-123.16	-35.51	-94.27	19.67	-19.45
Return On Equity %	345.65	-557.18	-3.18	49.19	-54.52
Return on Common Equity	-61.78	-37.96	-0.89	-93.09	-48.96
Margin Analysis
Gross Profit Margin %	-26.53	-82.11	-62.84	10.79	100
SG&A Margin	90.01	249.76	389.35	1.99T	-6.19T
EBITDA Margin %	-85.81	-234.2	-342.37	-1.97T	5.01T
EBITA Margin %	-119.67	-333.09	-456.33	-1.98T	6.29T
EBIT Margin %	-119.67	-333.09	-456.33	-1.98T	6.29T
Income From Continuing Operations Margin %	-152.32	-429.25	14.56	-3.09T	11.03T
Net Income Margin %	-148.45	-464.96	-67.93	-3.98T	3.92T
Net Avail. For Common Margin %	-148.45	-464.96	-30.41	-3.09T	11.03T
Normalized Net Income Margin	-73.81	-146.8	-44.23	-1.25T	5.81T
Levered Free Cash Flow Margin	0.33	-1.41T	3.61T	-8.73T	39.21T
Unlevered Free Cash Flow Margin	6.32	-1.39T	3.63T	-8.71T	39.21T
Asset Turnover
Asset Turnover	0.11	0.03	0.01	0.01	-0
Fixed Assets Turnover	0.71	0.19	0.08	0.02	-0.01
Receivables Turnover (Average Receivables)	1.85	1.56	1.17	36.11	-
Short Term Liquidity
Current Ratio	0.35	0.69	0.35	0.33	638.68
Quick Ratio	0.32	0.32	0.26	0.29	6.44
Operating Cash Flow to Current Liabilities	-0.05	0.01	-0.02	0.29	21.31
Days Sales Outstanding (Average Receivables)	197.8	234.11	311.01	10.14	-
Average Days Payable Outstanding	520.1	1.19T	3.63T	13.78T	-
Long Term Solvency
Total Debt/Equity	-170.08	104.96	-0.03	-	-
Total Debt / Total Capital	242.69	51.21	-0.03	-	-
LT Debt/Equity	-0.15	0.07	-	-	-
Long-Term Debt / Total Capital	0.21	0.03	-	-	-
Total Liabilities / Total Assets	109.3	88.4	129.22	136.54	0.11
EBIT / Interest Expense	-12.48	-10.49	-12.05	-80.71	-
EBITDA / Interest Expense	-8.31	-7.35	-9.02	-80.35	-
(EBITDA - Capex) / Interest Expense	-8.31	-7.35	-9.02	-369.37	-
Total Debt / EBITDA	-1.63	-2.09	-0	-	-
Net Debt / EBITDA	-1.04	-1.52	0.14	0.05	0.03
Total Debt / (EBITDA - Capex)	-1.63	-2.09	-0	-	-
Net Debt / (EBITDA - Capex)	-1.04	-1.52	0.14	0.01	0.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-50.17	-75.44	-68.39	-59.41	-
Gross Profit, 1 Yr. Growth %	-180.55	-23.98	20.41	-106.97	-
EBITDA, 1 Yr. Growth %	27.09	-32.96	-55.91	133.36	1.97T
EBITA, 1 Yr. Growth %	51.59	-31.64	-47.68	75.83	2.46T
EBIT, 1 Yr. Growth %	51.59	-31.64	-47.68	75.83	2.46T
Earnings From Cont. Operations, 1 Yr. Growth %	-375.85	-30.79	-102.06	-8.72T	3.29T
Net Income, 1 Yr. Growth %	-330.3	-23.07	-95.7	2.28T	105.52
Normalized Net Income, 1 Yr. Growth %	70.51	-51.15	-87.88	1.05T	2.75T
Diluted EPS Before Extra, 1 Yr. Growth %	-267.13	-56.71	-95.36	2.32T	160.67
Accounts Receivable, 1 Yr. Growth %	-78.28	-37.07	-98.66	-100	-
Net Property, Plant and Equip., 1 Yr. Growth %	42.41	-43.58	-6.05	234.59	274.52
Total Assets, 1 Yr. Growth %	-16.55	19.9	-37.32	-16.56	417.98
Tangible Book Value, 1 Yr. Growth %	-22.53	86.79	-74.11	-7.78	2.75T
Common Equity, 1 Yr. Growth %	-22.53	86.79	-74.11	-7.78	2.75T
Cash From Operations, 1 Yr. Growth %	-10.44	-112.34	-395.93	-1.35T	-68.95
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-100.13	90.43T	-175.99	-198.09	933.99
Unlevered Free Cash Flow, 1 Yr. Growth %	-102.57	-6.2T	-177.49	-197.28	935.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-33.01	-65.02	-69.48	-64.18	-
Gross Profit, 2 Yr. CAGR %	-36.01	-21.75	-61.49	-71.03	-
EBITDA, 2 Yr. CAGR %	-44.35	-7.7	-50.5	1.43	811.11
EBITA, 2 Yr. CAGR %	-35.29	1.8	-47.13	-4.09	821.21
EBIT, 2 Yr. CAGR %	-35.29	1.8	-47.13	-4.09	821.21
Earnings From Cont. Operations, 2 Yr. CAGR %	-27.57	38.18	-92.03	33.09	1.13T
Net Income, 2 Yr. CAGR %	-25.79	33.1	-81.8	1.18	599.13
Normalized Net Income, 2 Yr. CAGR %	-28.04	-8.74	-80.28	17.86	666.99
Diluted EPS Before Extra, 2 Yr. CAGR %	-36.82	-15.41	-90.16	2.67	98.61
Accounts Receivable, 2 Yr. CAGR %	-48.22	-63.03	-90.83	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	13.87	-10.36	-27.19	77.29	197.97
Total Assets, 2 Yr. CAGR %	-0.86	0.03	-13.31	-27.68	107.89
Tangible Book Value, 2 Yr. CAGR %	9.42	20.3	-30.45	-51.14	412.81
Common Equity, 2 Yr. CAGR %	9.42	20.3	-30.45	-51.14	412.81
Cash From Operations, 2 Yr. CAGR %	-42.25	-66.75	-39.57	508.32	97.03
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-79.2	12.77	223.45	-13.67	197.07
Unlevered Free Cash Flow, 2 Yr. CAGR %	-20.11	12.8	425.09	-13.18	197.07
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-21.94	-52.05	-66.96	-66.44	-35.54
Gross Profit, 3 Yr. CAGR %	-27.36	-32.23	-48.32	-78.22	17.53
EBITDA, 3 Yr. CAGR %	-40.1	-40.79	-28.41	-17	76.14
EBITA, 3 Yr. CAGR %	-33.81	-34.1	-25.21	-21.08	82.86
EBIT, 3 Yr. CAGR %	-33.81	-34.1	-25.21	-21.08	82.86
Earnings From Cont. Operations, 3 Yr. CAGR %	-42.47	-28.66	-73.28	-18.21	136.3
Net Income, 3 Yr. CAGR %	-42.27	-24.9	-57.59	-7.66	28.14
Normalized Net Income, 3 Yr. CAGR %	-33.73	-36.75	-58.03	-23.61	138.01
Diluted EPS Before Extra, 3 Yr. CAGR %	-48.21	-44.53	-74.05	-39.67	-15.49
Accounts Receivable, 3 Yr. CAGR %	-34.23	-44.74	-87.78	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	12.79	-9.89	-8.95	21.05	102.8
Total Assets, 3 Yr. CAGR %	-9.56	5.63	-14.4	-14.41	39.4
Tangible Book Value, 3 Yr. CAGR %	-21.89	30.77	-27.91	-23.6	89.54
Common Equity, 3 Yr. CAGR %	-21.89	30.77	-27.91	-23.6	89.54
Cash From Operations, 3 Yr. CAGR %	-36.87	-65.47	-31.1	65.91	125.64
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-89.34	257.84	-1.43	117.31	91.22
Unlevered Free Cash Flow, 3 Yr. CAGR %	-71.43	225.65	-0.73	199.34	92.05
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-6.7	-34.48	-49.02	-57.93	-50.23
Gross Profit, 5 Yr. CAGR %	-37.52	-41.78	-41.99	-65.5	-28.55
EBITDA, 5 Yr. CAGR %	-33.32	-41.66	-42.65	-26.91	35.39
EBITA, 5 Yr. CAGR %	-30.86	-38.77	-39.66	-27.3	37.35
EBIT, 5 Yr. CAGR %	-30.94	-38.82	-39.66	-27.3	37.35
Earnings From Cont. Operations, 5 Yr. CAGR %	-27.57	-41.47	-73.46	-20.75	65.04
Net Income, 5 Yr. CAGR %	-23.37	-38.89	-63.62	-15.39	30.1
Normalized Net Income, 5 Yr. CAGR %	-21.45	-37.79	-58.29	-23.77	52.42
Diluted EPS Before Extra, 5 Yr. CAGR %	-28.19	-49.09	-72.95	-37.62	-25.68
Accounts Receivable, 5 Yr. CAGR %	-25.41	-33.56	-70.09	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-20.54	-6.73	-5.33	18.12	46.3
Total Assets, 5 Yr. CAGR %	-24.1	-12.54	-11.08	-9.23	22.07
Tangible Book Value, 5 Yr. CAGR %	-37.98	-20.89	-25.43	-11.79	58.02
Common Equity, 5 Yr. CAGR %	-38.06	-20.89	-25.43	-11.79	58.02
Cash From Operations, 5 Yr. CAGR %	-45.52	-59.81	-37.96	8.78	4.89
Capital Expenditures, 5 Yr. CAGR %	-	-	-	53.98	-
Levered Free Cash Flow, 5 Yr. CAGR %	-78.51	-11.43	-0.7	102.26	54.53
Unlevered Free Cash Flow, 5 Yr. CAGR %	-61.16	-11.68	-0.61	91.61	54.99