AIR T vs Armlogi Holding
AIR T is the larger business, with $327m of revenue in fiscal 2026 against $186m for Armlogi Holding (1.8 times as much). AIR T grew faster (12.1% against -2.4%). AIR T kept more of each dollar of sales as profit: a net margin of 23.8% against -11.2%. Armlogi Holding carries less debt relative to equity (1.7% against 263.8%).
| Latest fiscal year | AIR TAIRT, 2026 | Armlogi HoldingBTOC, 2026 |
|---|---|---|
| Revenue | $327m | $186m |
| Revenue growth | 12.1% | -2.4% |
| Net income | $78.0m | −$20.9m |
| Operating margin | -3.4% | -11.6% |
| Net margin | 23.8% | -11.2% |
| Return on equity | — | -126.1% |
| Free cash flow | −$41.5m | −$7.0m |
| Cash | $20.3m | $2.2m |
| Total debt | $211m | $133,951 |
| Debt to equity | 263.8% | 1.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $28,000 | — |
| Employees | 1,666 | 161 |
| Market value | $76.1m | $110m |
| Price vs our value range | — | — |
| Moat score | 24 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |