AIRG
Deep Dive Analysis
Let's crack open the proverbial treasure trove - the financial statements of AIRGAIN INC. Don't be fooled by the grey hues of financial numbers; with a knowledgeable eye, they often reveal rich golden nuggets. Company Financial HealthFirstly, AIRGAIN holds total assets of $46,302,000; this overall strength represents the company's strong footing in the industry. The asset structure is bifurcated between current assets at $22,252,000 and non-current assets at $24,050,000. Assets not consumed within the horizon of a year, like intangible assets ($8,977,000), contribute substantially to the long-term value and stability of the company.
The equity scenario - totally attributable to its parent - adds up to a respectable $35,765,000, substantially surpassing liabilities. The balance of power favors equity, which indicates an inherent financial stability as the company is not overly reliant on outside borrowings.
Cash Flow and Company OperationsYes, as value investors, we love our cash flows! AIRGAIN churned a neat net cash flow of $639,000, generated substantially from operating activities standing at $640,000. The company seems to be masterful in managing its operational activities.
The income statement indicates a revenue of $13,696,000, while the cost of revenue was substantially less, $8,460,000, positively contributing towards the gross profit of $5,236,000. With total costs and expenses at $15,573,000, though, there's a resulting operating loss of $1,910,000. However, it's important to recall that businesses often have to spend money in the near term to make money in the long term.
A Word on Company's Stock ValueInvestors need to remember that while the recent net income loss and comprehensive income loss (-$1,881,000) might raise some brows, it's a short-sighted approach to equate these numbers directly with the stock's value. Look at the diluted earnings per share at approximately -$0.18. This illuminates the potential earning capacity on each share a stockholder owns, not just the company's overall earnings. Coupled with the robust asset base and preferential equity leverage, the stock's value appears promising.
So, there you have it. AIRGAIN INC shows resilience and potential. For value investors who relish long-term gain over short-term noise, this slice of the stock market pie is surely tempting.
Remember, investing is not about gambles but intricate games of chess. Play smart, play patient!
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