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 - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 13.1 %
Debt-to-equity -280 %
Return On Equity 352 %
Return On Assets -195 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 89.8M shares
Common Stock, Shares, Outstanding 87M shares +549%
Entity Public Float 198M USD
Common Stock, Value, Issued 8K USD +700%
Weighted Average Number of Shares Outstanding, Basic 81.9M shares +478%
Weighted Average Number of Shares Outstanding, Diluted 81.9M shares +478%

Income Statement

Label TTM Value / Value Unit Change %
Selling and Marketing Expense 12.3M USD +33.8%
General and Administrative Expense 127M USD +111%
Costs and Expenses 343M USD +198%
Operating Income (Loss) -231M USD -92%
Nonoperating Income (Expense) -21.6M USD +94.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -253M USD +39.3%
Income Tax Expense (Benefit) -3.39M USD
Net Income (Loss) Attributable to Parent -250M USD +39.4%
Earnings Per Share, Basic -2.56 USD/shares +89.5%
Earnings Per Share, Diluted -2.56 USD/shares +89.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.46M USD -35.7%
Accounts Receivable, after Allowance for Credit Loss, Current 4.49M USD +6597%
Assets, Current 15.9M USD +57.7%
Property, Plant and Equipment, Net 47M USD +6611%
Operating Lease, Right-of-Use Asset 10.5M USD +2259%
Intangible Assets, Net (Excluding Goodwill) 24.9M USD +836%
Goodwill 0 USD
Other Assets, Noncurrent 5.33M USD
Assets 106M USD +614%
Accounts Payable, Current 26M USD +98.3%
Employee-related Liabilities, Current 45M USD +2602%
Accrued Liabilities, Current 300K USD -98%
Liabilities, Current 187M USD +41.8%
Operating Lease, Liability, Noncurrent 3.89M USD +2784%
Other Liabilities, Noncurrent 22.5M USD +21.3%
Liabilities 234M USD +45.6%
Retained Earnings (Accumulated Deficit) -666M USD -59.9%
Stockholders' Equity Attributable to Parent -128M USD +54.1%
Liabilities and Equity 106M USD +614%

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 +2134%
Common Stock, Shares, Issued 87M shares +549%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.07M USD -34.7%
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 51.3M USD
Operating Lease, Liability, Current 4.32M USD +1263%
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 3.29M USD +508%
Deferred Tax Assets, Net of Valuation Allowance 13M USD +2034%
Share-based Payment Arrangement, Expense 7.35M USD +345%
Interest Expense 5.86M USD +264%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%