(Oslo, Norway - 26 March 2025) On 26 March 2025, the Board of Directors of
Airthings ASA (AIRX) approved the financial statements for 2024 for issuance,
subject to approval by the Annual General Meeting on 28 May 2025.
Airthings reported revenue of USD 38.5 million for 2024, up 5% from 2023, with a
gross profit margin of 56%. The loss before tax was USD 12.0 million, compared
to a loss of USD 8.0 million in 2023. Annual recurring revenues (ARR) ended at
USD 4.4 million at the end of the year, an increase of 6% from 2023.
Note that the annual report contains no changes from the preliminary annual
accounts released on 6 February 2025.
The annual report is attached and available on
www.airthings.com/investors/reports.
For questions please contact:
Helge Øien, CFO
ir@airthings.com
Emma Tryti, CEO
emma.tryti@airthings.com
About Airthings
Airthings is a leading global technology company specializing in award-winning
radon detectors and indoor air quality (IAQ) monitors for homes, workplaces, and
schools. With a mission to empower people worldwide to understand and improve
the air they breathe, Airthings offers accessible, accurate, and user-friendly
solutions designed to enhance health and well-being through simple and
affordable technology.
Airthings has sold over 1 million devices worldwide. The company and its
products have received the TIME Best Inventions Award and CES Innovation Award
Honor. Headquartered in Oslo, Norway, with additional offices in the United
States, Airthings continues to innovate and educate on the importance of
continuous indoor air quality monitoring. For more information on Airthings'
comprehensive range of IAQ solutions and the benefits of healthy indoor air,
please visit airthings.com.