Airthings ASA

ARTGFOTCIndustrials

$0.04

$-0.44(-91.82%)

Market Cap$8102660

P/E Ratio—

52W High$0.48

52W Low$0.03926

Avg Volume572

Open$0.23

Beta0.44

Free Cash Flow Financials Revenue

Airthings ASA (ARTGF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ARTGF · free cash flow · updated Jun 9, 2026

Core FCF metrics

ARTGF · FCF · TTM · margin & CAGR

Free cash flow was −$3.2M for FY2024 (fiscal year ending 2024-12-31), up 37.5% year-over-year The FCF margin was -8.4%.

FY2024 Free Cash Flow−$3.2M▲ +37.5% YoY

Trailing 12M (TTM)−$7.8Mtrailing 4 quarters sum

FCF Margin-8.4%−$3.2M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ARTGF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2024Latest−$2.0M(1M)−$3.2M▲ +37.5%-8.4%

FY2023−$3.4M(2M)−$5.2M▲ +79.0%-14.1%

FY2022−$22.2M(2M)−$24.7M▼ 45.5%-69.6%

FY2021−$15.9M(1M)−$16.9M▼ 125.9%-50.3%

FY2020−$6.8M(1M)−$7.5M▼ 71.9%-29.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ARTGF · P/FCF · FCF yield · FCF per share

Airthings ASA (ARTGF) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2024 · 2024-12-31

Cash flow statement summary

ARTGF · cash flow statement · operating / investing / financing

For FY2024, Airthings ASA generated −$2.0M in operating cash flow and spent 1M in capital expenditures, yielding −$3.2M in free cash flow.

Operating Activities

−$2.0M

Cash from core business operations

2024-12-31

Investing Activities

−$0.9M

CapEx, acquisitions & investments

2024-12-31

Financing Activities

−$1.0M

Buybacks, dividends & debt

2024-12-31

FCF FormulaOperating CF (−$2.0M) − |CapEx| (1M) = FCF (−$3.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ARTGF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Airthings ASAYOU

ARTGF

−$3.2M+37.5%-8.4%

Loss

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Airthings ASA (ARTGF) reported free cash flow of −$3.2M for FY2024 (fiscal year ending 2024-12-31), up 37.5% year-over-year. The FCF margin was -8.4%.

Airthings ASA has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 8 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ARTGF free cash flow · 8 questions

Airthings ASA free cash flow was −$3.2M for FY2024, up 37.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$7.8M.

ARTGF free cash flowARTGF FCFARTGF FCF 2024ARTGF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Airthings ASA · Airthings ASA SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026