Surf Air Mobility Inc. financial data

Symbol
SRFM on NYSE
Industry
Air Transportation, Nonscheduled
Location
12111 S. Crenshaw Blvd., Hawthorne, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 10.3 %
Debt-to-equity -195 %
Return On Equity 167 %
Return On Assets -177 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 15.5M shares -77.8%
Common Stock, Shares, Outstanding 13.5M shares -81.6%
Entity Public Float 198M USD
Common Stock, Value, Issued 1K USD -85.7%
Weighted Average Number of Shares Outstanding, Basic 13M shares +66%
Weighted Average Number of Shares Outstanding, Diluted 13M shares +66%

Income Statement

Label TTM Value / Value Unit Change %
Selling and Marketing Expense 9.05M USD -71.7%
General and Administrative Expense 71.9M USD -99.3%
Costs and Expenses 295M USD -56.4%
Operating Income (Loss) -177M USD +86.3%
Nonoperating Income (Expense) -10.1M USD +76.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -187M USD +84.3%
Income Tax Expense (Benefit) 172K USD +99.6%
Net Income (Loss) Attributable to Parent -187M USD +83.6%
Earnings Per Share, Basic 6.05 USD/shares +90.2%
Earnings Per Share, Diluted 6.05 USD/shares +90.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 506K USD -91.4%
Accounts Receivable, after Allowance for Credit Loss, Current 4.36M USD +11.3%
Assets, Current 14.2M USD -49.4%
Property, Plant and Equipment, Net 44M USD -10.6%
Operating Lease, Right-of-Use Asset 8.77M USD -33.4%
Intangible Assets, Net (Excluding Goodwill) 24M USD -30.6%
Goodwill 0 USD
Other Assets, Noncurrent 5.12M USD
Assets 97.9M USD -47.2%
Accounts Payable, Current 26.8M USD +34%
Employee-related Liabilities, Current 33M USD +118%
Accrued Liabilities, Current 300K USD
Liabilities, Current 133M USD +27.4%
Operating Lease, Liability, Noncurrent 3.22M USD -48.9%
Other Liabilities, Noncurrent 21.4M USD +73%
Liabilities 233M USD +48.6%
Retained Earnings (Accumulated Deficit) -679M USD -38.1%
Stockholders' Equity Attributable to Parent -136M USD -579%
Liabilities and Equity 97.9M USD -47.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -12.8M USD -42%
Net Cash Provided by (Used in) Financing Activities 13.1M USD +39.7%
Net Cash Provided by (Used in) Investing Activities -743K USD -463%
Common Stock, Shares Authorized 800M shares 0%
Common Stock, Shares, Issued 13.5M shares -81.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.12M USD -83.6%
Deferred Tax Assets, Valuation Allowance 45.1M USD -26.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 58.1M USD -5.77%
Operating Lease, Liability 13M USD +1029%
Payments to Acquire Property, Plant, and Equipment 715K USD +761%
Lessee, Operating Lease, Liability, to be Paid 14.4M USD
Property, Plant and Equipment, Gross 49.4M USD -2.61%
Operating Lease, Liability, Current 3.71M USD -13.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.48M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 6.57M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +13.7%
Deferred Income Tax Expense (Benefit) -46K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.42M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.4M USD
Deferred Tax Assets, Operating Loss Carryforwards 44.9M USD -22.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 37.1M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 939K USD
Operating Lease, Payments 1.43M USD +258%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3.63M USD +50.6%
Deferred Tax Assets, Net of Valuation Allowance 13M USD +2034%
Share-based Payment Arrangement, Expense 27.5M USD -116%
Interest Expense 5.86M USD +264%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%