Surf Air Mobility Inc. financial data

Symbol
SRFM on NYSE
Industry
Air Transportation, Nonscheduled
Location
12111 S. Crenshaw Blvd., Hawthorne, California
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 13.4 %
Debt-to-equity -166 %
Return On Equity 246 %
Return On Assets -254 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 80.8M shares
Common Stock, Shares, Outstanding 81.9M shares
Entity Public Float 198M USD
Common Stock, Value, Issued 8K USD
Weighted Average Number of Shares Outstanding, Basic 77.3M shares +448%
Weighted Average Number of Shares Outstanding, Diluted 77.3M shares +448%

Income Statement

Label TTM Value / Value Unit Change %
Selling and Marketing Expense 11.6M USD +116%
General and Administrative Expense 117M USD +192%
Costs and Expenses 305M USD +271%
Operating Income (Loss) -219M USD -186%
Nonoperating Income (Expense) -51.2M USD +70.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -270M USD -79.9%
Income Tax Expense (Benefit) -46K USD
Net Income (Loss) Attributable to Parent -267M USD -79.7%
Earnings Per Share, Basic -5.37 USD/shares +67.1%
Earnings Per Share, Diluted -5.37 USD/shares +67.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.28M USD
Accounts Receivable, after Allowance for Credit Loss, Current 4.71M USD
Assets, Current 16.7M USD
Property, Plant and Equipment, Net 46.7M USD
Operating Lease, Right-of-Use Asset 12.3M USD
Intangible Assets, Net (Excluding Goodwill) 25.8M USD
Goodwill 0 USD
Other Assets, Noncurrent 5.26M USD
Assets 109M USD
Accounts Payable, Current 20.6M USD
Employee-related Liabilities, Current 39M USD
Accrued Liabilities, Current 300K USD
Liabilities, Current 165M USD
Operating Lease, Liability, Noncurrent 4.67M USD
Other Liabilities, Noncurrent 22.5M USD
Liabilities 215M USD
Retained Earnings (Accumulated Deficit) -640M USD
Stockholders' Equity Attributable to Parent -106M USD +56%
Liabilities and Equity 109M USD

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
Common Stock, Shares, Issued 81.9M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.99M USD +73.4%
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 50.1M USD
Operating Lease, Liability, Current 4.84M USD
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
Deferred Federal Income Tax Expense (Benefit) -2.62M USD -52340%
Current Income Tax Expense (Benefit) 17K USD +240%
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 3.04M USD +718%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 17K USD +240%
Amortization of Intangible Assets 886K USD +495%
Deferred Tax Assets, Net of Valuation Allowance 13M USD +2034%
Share-based Payment Arrangement, Expense 12.6M USD +1004%
Deferred State and Local Income Tax Expense (Benefit) -699K USD -13880%
Interest Expense 4.47M USD +877%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%