Airship AI Holdings (AISP) AI Stock Analysis

• Market Cap: $175.78M
• Dividend Yield: N/A
• Average Volume (3M): 1.33M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.44
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 53
• Sector: Financial
• Sector Strength: 79
• Industry: Software - Infrastructure
• EPS (TTM): 0.61
• Shares Outstanding: 31,844,471
• 10 Day Avg. Volume: 1,475,988
• 30 Day Avg. Volume: 1,327,637
• PEG Ratio: 0.00
• Price to Book (P/B): -48.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -79.14
• Enterprise Value/Market Cap: 2.31
• Enterprise Value/Revenue: 5.06
• Enterprise Value/Gross Profit: 40.07
• Enterprise Value/Ebitda: -3.94
• 1Y Price Target: $11.00
• Price Target Upside: 91.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 35 Underperform
• Price Target: ―

Airship AI Holdings exhibits significant revenue growth but is encumbered by severe profitability and financial stability issues, reflected in its negative equity and net losses. Technical indicators show mixed momentum, while valuation remains difficult due to negative earnings. These factors combine to yield a low overall stock score, highlighting considerable investment risks.

Airship AI Holdings Business Overview & Revenue Model

Company Description

Airship AI Holdings, Inc. provides AI-driven video, sensor, and data management surveillance platform in the United States. The company offers Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost foe high-definition recording with user defined low-bit rate video stream encoding. It serves government, public sector, law enforcement, military, and commercial enterprise organizations. The company was formerly known as Super Simple AI, Inc. and changed its name to Airship AI Holdings, Inc. on March 2023. Airship AI Holdings, Inc. was founded in 2006 and is headquartered in Redmond, Washington.

How the Company Makes Money

Airship AI Holdings makes money through a multifaceted revenue model that includes software licensing fees, subscription-based services, and consulting engagements. Key revenue streams involve charging clients for access to its proprietary AI platforms, which are offered as Software-as-a-Service (SaaS) solutions. Additionally, the company generates income by providing custom AI model development and integration services tailored to the specific needs of enterprises. Strategic partnerships with technology firms and industry leaders further bolster its earnings by expanding market reach and fostering collaborative innovation. Airship AI Holdings may also benefit from long-term contracts with government agencies and large corporations seeking to implement AI-driven solutions for infrastructure and logistics management.

Airship AI Holdings Financial Statement Overview

Summary

Airship AI Holdings is experiencing substantial growth in revenue but struggles with profitability and financial stability. The company faces significant operational and financial challenges, with high leverage and ongoing cash flow issues. The negative equity position and consistent net losses highlight the need for strategic financial restructuring.

Income Statement

The company shows significant revenue growth from 2023 to 2024, but this is overshadowed by substantial net losses, with a net profit margin of -249.31% in 2024. The company's EBIT and EBITDA margins are negative, highlighting ongoing operational challenges. Despite revenue growth, profitability remains a concern.

Balance Sheet

The balance sheet reveals a high level of leverage with a negative stockholders' equity, resulting in an undefined debt-to-equity ratio. This indicates financial instability and potential risk, as liabilities far exceed assets. The company's equity ratio is negative, reflecting serious structural financial issues.

Cash Flow

Operating and free cash flows are consistently negative, demonstrating ongoing cash burn. The free cash flow to net income ratio is not meaningful due to negative figures, and the operating cash flow to net income ratio is negative, indicating cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	17.98M	23.05M	12.30M	14.55M	13.04M
Gross Profit	10.13M	10.53M	5.75M	8.42M	6.99M
EBITDA	-26.02M	-56.24M	17.04M	129.87K	-5.05M
Net Income	-1.79M	-57.47M	16.37M	-487.00K	-5.12M
Balance Sheet
Total Assets	12.93M	13.71M	6.98M	3.91M	4.22M
Cash, Cash Equivalents and Short-Term Investments	8.81B	11.41M	3.12M	298.61K	1.34M
Total Debt	1.16B	943.70M	3.94M	1.26M	1.14M
Total Liabilities	36.44M	66.73M	23.57M	12.27M	12.63M
Stockholders Equity	-23.51M	-53.02B	-17.49M	-8.36M	-8.41M
Cash Flow
Free Cash Flow	-2.10B	-6.50M	-3.29M	-2.90M	-5.13M
Operating Cash Flow	-2.10B	-6.50M	-3.29M	-2.90M	-5.13M
Investing Cash Flow	0.00	0.00	0.00	0.00	-323.69M
Financing Cash Flow	-482.91M	14.79M	6.12M	1.87M	3.64M

Airship AI Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AISP, the sentiment is Positive. The current price of 5.74 is above the 20-day moving average (MA) of 5.06, above the 50-day MA of 4.55, and above the 200-day MA of 3.86, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 64.13 is Neutral, neither overbought nor oversold. The STOCH value of 70.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AISP.

Airship AI Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PAYS	71 Outperform	$346.99M	58.34	18.82%	―	26.77%	-13.24%
Sector *	62 Neutral	AU$9.71B	8.05	10.79%	5.19%	31.14%	38.26%
SNCR	51 Neutral	$70.48M	26.79	-3.58%	―	-13.46%	95.46%
BKKT	50 Neutral	$182.92M	―	-60.94%	―	128.83%	73.67%
ARBE	48 Neutral	$202.96M	―	-101.60%	―	-46.41%	6.05%
AISP	35 Underperform	$175.78M	―	-98.67%	―	―	―
MLGO		$42.25M	0.35		―	―	―

Airship AI Holdings Corporate Events

Airship AI Adjusts Warrant Pricing for Capital Boost

Airship AI, Holdings, Inc. has permanently lowered the exercise price of its public and private warrants from $7.80 to $4.50 per share, aiming to boost proceeds for working capital and general corporate purposes. This move is part of the company’s strategic financial adjustments while maintaining transparency in its forward-looking statements.