AIRG Q1 2021 Earnings — Airgain, Inc. Revenue & Financial Results | Market Cap Arena

AIRGAirgain, Inc.

$48M

Q1 2021 Earnings

Technology Communication Equipment

Income Statement

Revenue

$17M+54.9% YoY

Gross Profit

$7M39.7% margin

Operating Income

-$2M-10.8% margin

Net Income

$237,0001.4% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+35.4%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$928,000

Balance Sheet

Total Assets

$69M

Total Liabilities

$19M

Stockholders' Equity

$50M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$11M	+54.9%
Gross Profit	$7M	$5M	+29.5%
Operating Income	-$2M	-$1M	-43.6%
Net Income	$237,000	-$1M	+119.7%

Geographic Segments

CHINA

$8M46%

North America

$7M38%

TAIWAN, PROVINCE OF CHINA

$2M11%

Rest Of World

$811,0005%