YOLFTbeta
Surf Air Mobility Inc.

Surf Air Mobility Inc.

SRFM · NYSE · Industrials / Airlines

0.5541USD-0.03 (-4.81%)

Price History

Full chart

Market Stats

Previous Close0.5821
Open0.649
Day Range0.5242 – 0.649
52-Week Range0.456 – 6.17
Volume2.06M
Market Cap147.14M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.33
Dividend Yield0.00%
Beta2.82
50-Day Avg0.7345
200-Day Avg1.37

About

Surf Air Mobility Inc. engages in the air mobility business in the United States and internationally. Its air mobility platform provides scheduled commercial air service flights; and on-demand flights created for customers on an ad-hoc, by request basis. Surf Air Mobility Inc. was founded in 2011 and is headquartered in Hawthorne, California.

Company Details

  • SectorIndustrials
  • IndustryAirlines
  • CEOMs. Deanna White
  • Employees506
  • Headquarters12111 South Crenshaw Boulevard, Hawthorne, CA, United States, 90250, USA
  • Websitehttps://www.surfair.com

Leadership

  • Ms. Deanna WhiteChief Executive Officer · b. 1966
  • Mr. Sudhin Raju ShahaniCo-Founder & Director · b. 1983
  • Mr. Oliver W. ReevesChief Financial Officer · b. 1980
  • Mr. Liam FayedCo-Founder and Chief Brand & Experience Officer
  • Bryce VanChief Accounting Officer
  • Mr. Louis D. Saint-CyrPresident of Hawaii Operations
  • Mr. Jim SullivanPresident of Air Mobility

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.50M11.80M20.27M60.51M119.42M106.56M
Growth (%)-+57.31%+71.84%+198.44%+97.38%-10.77%
Cost of Revenue11.03M15.55M25.85M65.68M109.93M102.38M
Gross Profit-3.53M-3.75M-5.58M-5.17M9.49M4.18M
Gross Margin-47.03%-31.78%-27.51%-8.55%7.95%3.92%
Operating Expense17.23M29.60M45.33M191.59M69.75M81.06M
Operating Income-20.76M-33.35M-50.90M-196.77M-60.26M-76.87M
Operating Margin-276.77%-282.68%-251.08%-325.21%-50.46%-72.14%
EBITDA-19.04M-32.59M-72.74M-247.27M-58.24M-88.44M
EBITDA Margin-253.92%-276.25%-358.78%-408.68%-48.76%-83.00%
Net Income-23.44M-35.78M-74.36M-250.70M-74.91M-110.56M
Net Income Margin-312.49%-303.31%-366.79%-414.34%-62.72%-103.75%
R&D2.18M2.96M3.29M20.85M24.04M10.30M
R&D as % of Total Revenue29.01%25.12%16.22%34.46%20.13%9.67%
Interest Expense1.56M2.14M596.00K2.97M8.62M13.21M
Interest Expense % of Total Revenue20.87%18.14%2.94%4.91%7.22%12.39%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.71M7.56M13.70M110.99M124.06M131.68M
Total Liabilities153.25M180.58M235.79M188.47M244.06M186.54M
Total Equity-141.54M-173.03M-222.09M-77.48M-120.00M-54.86M
Cash7.40M719.00K6.00K1.72M21.11M12.67M
Total Debt20.39M23.47M30.25M47.45M92.49M83.47M
Net Debt12.99M22.75M30.24M45.73M71.38M70.79M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-8.73M-23.93M-28.04M-64.37M-54.32M-64.16M
Investing Cash Flow302.00K-261.00K-298.00K-7.10M-3.61M-5.71M
Financing Cash Flow14.18M18.25M27.67M72.99M77.17M70.96M
Capital Expenditure297.00K261.00K99.00K7.78M14.10M8.39M
Free Cash Flow-9.03M-24.19M-28.14M-72.15M-68.43M-72.55M
FCF to OCF103.40%101.09%100.35%112.08%125.96%113.08%

Earnings

Report DateMay 31, 2023Aug 29, 2023Nov 14, 2023Mar 28, 2024May 14, 2024Aug 14, 2024Nov 14, 2024Mar 18, 2025May 13, 2025Aug 12, 2025Nov 12, 2025Mar 26, 2026May 11, 2026Aug 10, 2026Nov 11, 2026
EPS Estimate0.00--1.12-0.28-1.33-3.08-1.05-0.18-1.44-1.09-0.60-0.35-0.34-0.18-0.13
EPS Actual-1.68-3.14-9.56-0.60-3.36-1.98-0.940.81-1.09-1.34-0.64-0.41-0.26-0.20-
Surprise---753.57%-114.29%-152.63%35.71%10.48%550.00%24.31%-22.94%-6.67%-17.14%23.53%-11.11%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap147.14M
Enterprise Value177.08M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.33
Price / Book2.41
EPS-1.33
Book Value-0.356
Revenue (TTM)110.74M
Gross Profit (TTM)1.74M
EBITDA-64.82M
Profit Margin-101.58%
Operating Margin-63.70%
Return on Equity0.00%
Return on Assets-34.54%
Shares Outstanding123.64M
Shares Float100.53M
Beta2.82
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 4.93
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
15.76%
Insiders
17.60%
Retail / Other
66.64%

Top Institutional Holders

  • Citadel Advisors Llc
    7.38M5.97%
  • Vanguard Capital Management, LLC
    2.49M2.01%
  • UBS Group AG
    1.02M0.83%
  • BlackRock Inc
    596.82K0.48%
  • Geode Capital Management, LLC
    562.10K0.45%
  • Marshall Wace Asset Management Ltd
    441.96K0.36%
  • LPL Financial Corp
    325.53K0.26%
  • VisionPoint Advisory Group, LLC
    324.33K0.26%
  • Rathbone Brothers PLC
    319.83K0.26%
  • Vanguard Fiduciary Trust Co
    301.94K0.24%
  • State Street Corp
    274.20K0.22%
  • 683 Capital Management LLC
    202.97K0.16%
  • DnB NOR Asset Management (Asia)
    161.61K0.13%
  • The Goldman Sachs Group Inc
    134.67K0.11%
  • United Bank
    125.00K0.10%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.34M2.70%
  • iShares Micro-Cap ETF
    267.06K0.22%
  • DNB Fund Future Waves A EUR Acc
    161.61K0.13%
  • Fidelity Total Market Index
    157.01K0.13%
  • Fidelity Series Total Market Index
    127.74K0.10%

Stock Splits

  • Aug 19, 20241:7