Flyte Aviation, Inc.

Flyte Aviation, Inc.

VJET · NYSE MKT · Industrials / Airports & Air Services

0.49USD-0.04 (-6.67%)

Price History

Full chart

Market Stats

Previous Close0.525
Open0.57
Day Range0.49 – 0.57
52-Week Range0.50 – 30.60
Volume213.90K
Market Cap1.10M
P/E (TTM)0.00
Forward P/E0.00
EPS-68.40
Dividend Yield0.00%
Beta0.71
50-Day Avg1.28
200-Day Avg7.97

About

Flyte Aviation, Inc. provides on-demand private aviation charter services. The company operates two service lines, Hops and Luxe, for private air travel. Through Hops, the company offers short-haul private charter services using company-managed aircraft on regional routes across the New York Metro Area, Long Island, New England, and the Eastern seaboard. The company also enables customers to bid on available empty-leg flights in real time through Hops. Through Luxe, the company offers a brokerage service that matches passengers seeking larger or longer-range aircraft with vetted third-party aircraft operators and crews for on-demand charters and bespoke travel coordination. The company also operates a direct-to-consumer mobile application and website that handles flight booking, scheduling, pricing, payment, and dispatch. It serves private aviation travelers across the Northeast, Southeast, and select other regional markets in the United States. It also manufactures health care equipment. Flyte Aviation, Inc. was formerly known as Catheter Precision, Inc. and changed its name to Flyte Aviation, Inc. in October 2026. Flyte Aviation, Inc. was founded in 2002 and is based in Fort Mill, South Carolina.

Company Details

  • SectorIndustrials
  • IndustryAirports & Air Services
  • CEOMr. David A. Jenkins
  • Employees17
  • Headquarters1670 Highway 160 West, Fort Mill, SC, United States, 29708, USA
  • Websitehttps://www.flyflyte.com

Leadership

  • Mr. David A. JenkinsCEO, Chief Commercial Officer & Executive Chairman · b. 1958
  • Mr. Philip J. AndersonChief Financial Officer & Secretary · b. 1968

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.98M5.87M6.26M7.20M259.00K22.00K14.00K442.00K420.00K819.00K
Growth (%)--1.77%+6.59%+15.06%-96.40%-91.51%-36.36%+3057.14%-4.98%+95.00%
Cost of Revenue3.14M4.17M4.21M8.85M2.17M1.56M161.00K30.00K42.00K63.00K
Gross Profit2.84M1.71M2.05M-1.65M-1.91M-1.54M-147.00K412.00K378.00K756.00K
Gross Margin47.49%29.05%32.78%-22.93%-738.61%-6990.91%-1050.00%93.21%90.00%92.31%
Operating Expense7.04M19.46M33.21M56.08M33.49M27.73M26.81M78.53M11.62M12.94M
Operating Income-4.20M-17.76M-31.16M-57.73M-35.40M-29.27M-26.96M-78.12M-11.24M-12.18M
Operating Margin-70.25%-302.56%-498.00%-801.92%-13668.34%-133027.27%-192578.57%-17673.98%-2676.90%-1487.30%
EBITDA-4.10M-17.54M-30.18M-54.94M-33.04M-25.68M-22.37M-15.11M-11.30M-17.11M
EBITDA Margin-68.66%-298.84%-482.40%-763.19%-12755.21%-116736.36%-159771.43%-3418.55%-2690.95%-2089.01%
Net Income-4.20M-17.77M-30.83M-56.96M-36.05M-25.07M-26.86M-70.57M-16.64M-17.18M
Net Income Margin-70.31%-302.64%-492.76%-791.18%-13916.99%-113954.55%-191892.86%-15966.52%-3962.62%-2098.05%
R&D1.72M4.52M2.78M4.53M8.96M12.25M6.39M475.00K272.00K862.00K
R&D as % of Total Revenue28.70%76.97%44.37%62.93%3457.53%55695.45%45657.14%107.47%64.76%105.25%
Interest Expense3.00K4.00K14.00K250.00K108.00K10.00K-091.00K281.00K
Interest Expense % of Total Revenue0.05%0.07%0.22%3.47%41.70%45.45%-0.00%21.67%34.31%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets5.84M11.27M74.03M44.08M33.44M21.04M16.84M30.74M27.77M15.86M
Total Liabilities6.22M18.88M7.33M10.93M12.29M7.37M7.58M9.54M16.01M9.21M
Total Equity-380.00K-7.62M66.70M33.15M21.15M13.67M9.26M21.19M11.76M7.05M
Cash3.92M8.24M64.31M14.58M23.91M15.04M15.86M3.56M2.87M88.00K
Total Debt107.00K63.00K850.00K3.50M4.88M2.26M-372.00K1.79M3.85M
Net Debt-3.81M-8.17M-63.47M-11.09M-19.02M-12.78M-15.86M-3.19M-1.08M3.76M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.89M-5.52M-18.51M-33.17M-28.30M-27.63M-22.57M-20.62M-9.27M-8.30M
Investing Cash Flow-210.00K-547.00K-582.00K-16.03M15.93M3.80M21.00K-61.00K-67.00K167.00K
Financing Cash Flow5.37M10.39M75.17M-526.00K21.69M14.96M23.36M8.39M8.65M5.34M
Capital Expenditure210.00K547.00K582.00K268.00K67.00K265.00K17.00K76.00K67.00K17.00K
Free Cash Flow-2.10M-6.07M-19.09M-33.44M-28.37M-27.89M-22.59M-20.70M-9.34M-8.31M
FCF to OCF111.13%109.90%103.14%100.81%100.24%100.96%100.08%100.37%100.72%100.20%

Earnings

Report DateNov 14, 2018Mar 15, 2019May 14, 2019Aug 28, 2019Nov 29, 2019Mar 11, 2020May 14, 2020Aug 12, 2020Nov 13, 2020Mar 17, 2021May 12, 2021Aug 17, 2021Nov 16, 2021Mar 24, 2022May 17, 2022Aug 16, 2022Nov 15, 2022Mar 14, 2023Jun 5, 2023Aug 14, 2023Nov 13, 2023Apr 1, 2024Aug 19, 2024Nov 13, 2024Mar 28, 2025May 15, 2025Aug 29, 2025Nov 14, 2025May 18, 2026Aug 31, 2026Nov 12, 2026
EPS Estimate----------------------79.80-49.40--38.00------
EPS Actual-899708.77-1000000.00-1000000.00-1000000.00-1000000.00-1000000.00-1000000.00-1000000.00-309787.76-342721.98-235659.95-121950.37-63649.26-116770.25-26053.05-24953.67-8287.27-7173.58-46830.26-558.20-537.96-684.02-1058.33-381.68-256.02-68.11-72.79-17.05-13.87-9.23-
Surprise----------------------757.14%-2042.31%--573.72%------
Timing-------------------------------

Key Statistics & Ratios

Market Cap1.10M
Enterprise Value12.91M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.57
Price / Book0.07
EPS-68.40
Book Value48.65
Revenue (TTM)1.92M
Gross Profit (TTM)914.00K
EBITDA-10.17M
Profit Margin0.00%
Operating Margin-388.13%
Return on Equity-111.35%
Return on Assets-24.15%
Shares Outstanding2.10M
Shares Float1.18M
Beta0.71
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%