Airwa Inc.
YYAI Nasdaq Services-Computer Programming, Data Processing, Etc. Financials FY2017βFY2026
What Airwa Inc. does
No business description yet.
- Legal name
- AIRWA INC.
- Fiscal year ends
- April 30, 2026
- Latest annual report
- 10-K Β· Sep 21, 2026
- Accession Β· CIK
- 0001493152-26-043608
0001674440
Revenue and margins
Airwa Inc. had $25.8M of revenue in fiscal 2026, up 101.3% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was β in fiscal 2026, β of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Airwa Inc. returned β to shareholders in fiscal 2026. The diluted share count rose 7,666.7%.
Balance sheet
Cash, debt and the ratios that show how comfortably Airwa Inc. can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $0.7M | $0.2M | $1.8M | $1.4M | $12.8M |
| Interest coverage | β443.6x | β | β | β | β |
| Current ratio | 0.3x | 0.2x | 6.7x | 3.5x | 3.1x |
| Quick ratio | 0.1x | 0.1x | 5.6x | 3.5x | 3.1x |
| Total assets | $74.9M | $7.1M | $23.2M | $32.9M | $210M |
| Total liabilities | $42.4M | $25.7M | $1.4M | $6.5M | $39.8M |
| Shareholders' equity | $32.5M | β$18.6M | $9.6M | $25.3M | $171M |
| Net debt (β = net cash) | β | β | β | β | β |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 6 | 1 / 7 | 3 / 7 | 4 / 8 | 4 / 8 | 4 / 8 | 5 / 8 | 3 / 8 | 0 / 8 |
| Accruals ratio | β28.4% | 5.7% | β3.2% | β724.2% | β397.7% | β97.8% | β158.1% | 17.1% | 13.8% | 2.7% |
| Altman Z'' | β | 2.86 | β70.21 | β73.38 | β43.05 | β9.19 | β108.45 | 10.81 | 9.21 | 5.38 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.0M | $0.0M | $0.0M | $0.7M | $10.8M | $16.1M | $9.9M | $5.2M | $12.8M | $25.8M |
| Gross profit | $0.0M | $0.0M | β | β$0.7M | $3.1M | $4.2M | $2.8M | $4.0M | $9.8M | $3.3M |
| Research and development | β | β | β | $0.2M | $0.3M | $0.7M | $0.1M | β | β | β |
| Operating income | $0.0M | β$0.0M | β$0.0M | β$6.9M | β$3.7M | β$46.7M | β$22.0M | $3.9M | $6.6M | β$6.1M |
| Interest expense | β | β | β | $0.6M | β | $0.1M | β | β | β | β |
| Pretax income | β | β$0.0M | β$0.0M | β$9.2M | β$18.6M | β$46.5M | β$25.3M | $3.9M | $6.6M | β$18.6M |
| Income tax | β | β | β | β | β | β | β | $1.2M | $2.0M | β$1.1M |
| Net income | $0.0M | β$0.0M | β$0.0M | β$9.2M | β$18.6M | β$51.8M | β$71.2M | $2.6M | $3.5M | β$17.6M |
| Diluted EPS | $0.00 | $0.00 | $0.00 | β$0.37 | β$0.70 | β$13.46 | β$5,084.58 | β$32.44 | $10,842.51 | β$752.73 |
| Diluted shares | β | 0.01B | 0.01B | 0.02B | 0.03B | 0.00B | 0.00B | 0.01B | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | $0.0M | β$0.0M | β$0.0M | β$4.2M | β$4.5M | β$12.4M | β$6.4M | $0.0M | β$0.4M | β$20.9M |
| Capital expenditure | β$0.0M | β | β | β | β | β | β | β | β | β |
| Free cash flow | $0.0M | β | β | β | β | β | β | β | β | β |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $11.6M | $1.2M | $3.0M | $0.3M |
| Stock-based compensation | β | β | β | $3.7M | $0.1M | $32.5M | $0.7M | β | $0.1M | β |
| Share buybacks | β | $0.0M | $0.0M | β | β | β | β | β | β | β |
| Dividends and buybacks | β | $0.0M | $0.0M | β | β | β | β | β | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.0M | $0.0M | $0.0M | $0.1M | $0.9M | $0.7M | $0.2M | $1.8M | $1.4M | $12.8M |
| Current assets | β | $0.0M | $0.0M | $1.4M | $5.6M | $12.8M | $5.0M | $9.7M | $22.4M | $59.5M |
| Current liabilities | β | $0.0M | $0.0M | $4.5M | $24.1M | $39.0M | $23.8M | $1.4M | $6.5M | $19.2M |
| Inventory | β | β | β | $0.9M | $3.7M | $7.9M | $3.2M | $1.6M | β | β |
| Property and equipment, net | β | β | $0.0M | β | β | $0.0M | $0.0M | β | β | $1.3M |
| Goodwill | β | β | β | β | β | $6.8M | β | β | β | $58.3M |
| Intangible assets | β | $0.0M | $0.0M | β | $0.1M | $4.8M | $0.1M | $13.5M | $10.5M | $91.3M |
| Total assets | $0.0M | $0.0M | $0.0M | $1.4M | $5.7M | $74.9M | $7.1M | $23.2M | $32.9M | $210M |
| Total liabilities | $0.0M | $0.0M | $0.0M | $6.4M | $24.1M | $42.4M | $25.7M | $1.4M | $6.5M | $39.8M |
| Shareholders' equity | $0.0M | $0.0M | β$0.0M | β$5.0M | β$18.5M | $32.5M | β$18.6M | $9.6M | $25.3M | $171M |
| Margins | ||||||||||
| Gross margin | 100.0% | 100.0% | β | β99.8% | 28.9% | 26.2% | 28.0% | 77.3% | 76.8% | 12.9% |
| Operating margin | 25.9% | β59.1% | β | β1,008.0% | β34.5% | β290.1% | β221.3% | 74.2% | 51.3% | β23.7% |
| EBITDA margin | 27.9% | β40.2% | β | β1,007.9% | β34.5% | β289.8% | β104.8% | 96.8% | 74.6% | β22.5% |
| Net margin | 25.9% | β59.1% | β | β1,344.8% | β172.1% | β321.5% | β717.1% | 50.5% | 27.2% | β68.0% |
| FCF margin | 83.7% | β | β | β | β | β | β | β | β | β |
| Returns | ||||||||||
| Return on capital employed | β | β33.5% | 456.5% | 222.7% | 20.2% | β130.2% | 131.8% | 17.7% | 24.9% | β3.2% |
| Return on equity | 30.6% | β43.7% | β331.0% | β | β | β736.4% | β1,023.9% | β | 20.0% | β17.9% |
| Return on assets | 19.6% | β34.0% | β179.1% | β1,331.5% | β525.4% | β128.5% | β173.6% | 17.3% | 12.5% | β14.4% |
| Return on tangible equity | 30.6% | β39.0% | β | β | β | β247.9% | β | β | 23.6% | β83.8% |
| Growth | ||||||||||
| Revenue growth | β | β10.2% | β100.0% | β | 1,474.5% | 49.0% | β38.4% | β47.6% | 146.7% | 101.3% |
| Net income growth | β | β305.3% | β | β | β | β | β | β | 33.0% | β603.0% |
| EPS growth | β | β | β | β | β | β | β | β | β | β106.9% |
| Share count change | β | β | 4.9% | 304.9% | 8.2% | β85.6% | β99.6% | 82,834.3% | β100.0% | 7,666.7% |
| Financial health | ||||||||||
| Interest coverage | β | β | β | β12.1x | β | β443.6x | β | β | β | β |
| Current ratio | β | 6.7x | 0.2x | 0.3x | 0.2x | 0.3x | 0.2x | 6.7x | 3.5x | 3.1x |
| Quick ratio | β | 6.7x | 0.2x | 0.1x | 0.1x | 0.1x | 0.1x | 5.6x | 3.5x | 3.1x |
| Capital allocation | ||||||||||
| Capex / revenue | β20.4% | β | β | β | β | β | β | β | β | β |
| Stock comp / revenue | β | β | β | 545.3% | 0.7% | 201.7% | 7.5% | β | 0.5% | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | β | 1.0 | 3.0 | 4.0 | 4.0 | 4.0 | 5.0 | 3.0 | 0.0 |
| Altman Z'' | β | 2.9 | β70.2 | β73.4 | β43.1 | β9.2 | β108.5 | 10.8 | 9.2 | 5.4 |
| Accruals ratio | β28.4% | 5.7% | β3.2% | β724.2% | β397.7% | β97.8% | β158.1% | 17.1% | 13.8% | 2.7% |
Source: SEC EDGAR XBRL filings (CIK 0001674440). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.