archer technologies delivers enterprise governance, risk and compliance (grc) solutions. with more than six million licensed users and a client list that includes one in four of the fortune 100, archer enables highly regulated companies to reduce enterprise risks, manage and demonstrate compliance, automate business processes, and gain visibility into corporate risk and security controls. archer’s solutions, including policy, asset, threat, risk, business continuity, incident, loss event, vendor, audit and compliance management, are built on the highly flexible archer smartsuite framework™, allowing clients to tailor the solutions according to their unique requirements. whether deployed traditionally at the client site or via a saas model, the framework has become a go-to grc platform for many global organizations. archer is the only vendor that delivers the archer e-grc ecosystem™ comprised of out-of-the-box solutions, a flexible framework, a robust user community, and an application
Company profile
Ticker
ACHR
Exchange
Website
CEO
Adam D. Goldstein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Atlas Crest Investment Corp.
SEC CIK
Corporate docs
Subsidiaries
Archer Aviation Inc. • Archer Aviation Operating Corp. • Archer Air LLC • San Francisco Helicopters, LLC • Archer Aviation Brasil LTDA ...
IRS number
852730902
ACHR stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
17 May 24
424B5
Prospectus supplement for primary offering
16 May 24
S-3
Shelf registration
9 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Results of Operations and Financial Condition
9 May 24
ARS
2023 FY
Annual report to shareholders
29 Apr 24
DEFA14A
Additional proxy soliciting materials
29 Apr 24
DEF 14A
Definitive proxy
29 Apr 24
PRE 14A
Preliminary proxy
15 Apr 24
8-K
Departure of Directors or Certain Officers
29 Mar 24
Transcripts
ACHR
Earnings call transcript
2024 Q1
9 May 24
ACHR
Earnings call transcript
2023 Q4
26 Feb 24
ACHR
Earnings call transcript
2023 Q3
9 Nov 23
ACHR
Earnings call transcript
2023 Q2
10 Aug 23
ACHR
Earnings call transcript
2023 Q2
10 Aug 23
ACHR
Earnings call transcript
2023 Q1
11 May 23
ACHR
Earnings call transcript
2022 Q4
9 Mar 23
ACHR
Earnings call transcript
2022 Q3
11 Nov 22
ACHR
Earnings call transcript
2022 Q2
11 Aug 22
ACHR
Earnings call transcript
2022 Q1
12 May 22
Latest ownership filings
4
Thomas Paul Muniz
17 May 24
4
Tosha Perkins
17 May 24
4
Mark Mesler
17 May 24
4
Eric Lentell
17 May 24
144
Notice of proposed sale of securities
17 May 24
144
Notice of proposed sale of securities
17 May 24
144
Notice of proposed sale of securities
17 May 24
144
Notice of proposed sale of securities
17 May 24
3
Eric Lentell
5 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 412.50 mm | 412.50 mm | 412.50 mm | 412.50 mm | 412.50 mm | 412.50 mm |
Cash burn (monthly) | 19.67 mm | (no burn) | 47.40 mm | 40.54 mm | 28.83 mm | 24.53 mm |
Cash used (since last report) | 31.20 mm | n/a | 75.20 mm | 64.32 mm | 45.74 mm | 38.92 mm |
Cash remaining | 381.30 mm | n/a | 337.30 mm | 348.18 mm | 366.76 mm | 373.58 mm |
Runway (months of cash) | 19.4 | n/a | 7.1 | 8.6 | 12.7 | 15.2 |
Institutional ownership, Q4 2023
61.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 176 |
Opened positions | 37 |
Closed positions | 75 |
Increased positions | 61 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 554.63 bn |
Total shares | 174.19 mm |
Total puts | 565.40 k |
Total calls | 187.50 k |
Total put/call ratio | 3.0 |
Largest owners | Shares | Value |
---|---|---|
STLA Stellantis | 33.80 mm | $175.74 mm |
Adam D Goldstein | 27.86 mm | $113.38 mm |
ARK Investment Management | 24.91 mm | $152.93 bn |
STT State Street | 14.80 mm | $90.85 bn |
CMTDF Sumitomo Mitsui Trust | 11.38 mm | $69.86 bn |
Nikko Asset Management Americas | 11.38 mm | $69.75 bn |
Vanguard | 10.06 mm | $61.77 bn |
United Airlines | 9.08 mm | $90.03 mm |
Brett Adcock | 6.67 mm | $34.73 mm |
UAL United Airlines | 3.05 mm | $18.41 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 May 24 | Eric Lentell | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.6588 | 26,693 | 97.66 k | 43,665 |
17 May 24 | Mark Mesler | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.6588 | 57,408 | 210.04 k | 482,477 |
17 May 24 | Tosha Perkins | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.6588 | 47,498 | 173.79 k | 280,305 |
17 May 24 | Thomas Paul Muniz | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.6588 | 343,545 | 1.26 mm | 1,446,225 |
15 May 24 | Eric Lentell | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 8,946 | 0.00 | 70,358 |
15 May 24 | Eric Lentell | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 19,796 | 0.00 | 61,412 |
15 May 24 | Eric Lentell | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 22,866 | 0.00 | 41,616 |
15 May 24 | Eric Lentell | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 18,750 | 0.00 | 18,750 |
15 May 24 | Eric Lentell | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 8,946 | 0.00 | 134,184 |
15 May 24 | Eric Lentell | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 19,796 | 0.00 | 217,761 |
News
Barclays Maintains Equal-Weight on Archer Aviation, Lowers Price Target to $4.5
17 May 24
What's Going On With Archer Aviation Stock After Q1 Earnings?
10 May 24
Archer Aviation Q1 2024 GAAP EPS $(0.36) Misses $(0.35) Estimate
9 May 24
JP Morgan Maintains Overweight on Archer Aviation, Lowers Price Target to $5
3 May 24
Archer Signs Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE
25 Apr 24
Press releases
Archer Aviation Inc. to Present at Upcoming Investor Conferences
7 May 24
Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE
25 Apr 24
Archer Successfully Completes Multiple Battery Pack Drop Tests; One of the Most Challenging Tests It Is Set to Face as Part of the FAA's Type Certification Program
28 Mar 24
Thinking about buying stock in Archer Aviation, Lantern Pharma, Taysha Gene Therapies, Pagaya Technologies, or Blink Charging?
20 Mar 24
Thinking about buying stock in Mind Medicine, Ocean Biomedical, Archer Aviation, Outlook Therapeutics, or Cardiff Oncology?
15 Mar 24