Surf Air Mobility Inc

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Surf Air Mobility exceeds Q3 expectations, eyes profitable growth

Surf Air Mobility's Q3 performance exceeded expectations, driven by strategic initiatives and financial restructuring.
While challenges in achieving sustained profitability persist, the company's focus on operational optimization and revenue diversification presents growth opportunities.
With a strong balance sheet and ongoing transformation efforts, Surf Air Mobility is poised for profitable growth and market expansion in the coming years.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Surf Air Mobility, Inc. operates as an electric aviation and air travel company. The company was founded by Sudhin Shahani and Liam Fayed in 2021 and is headquartered in Hawthorne, CA.

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (the “Registrant”) (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced that it has filed its previously announced post-effective amendment to shorten the Form S-1 registration period (the “Post-Effective Amendment”). This filing comes after the company announced last week that it would take this action in order to facilitate investor outreach and effectively lock up affiliate s.

Surf Air Mobility Has Filed to Shorten Its Form S-1 Registration Period

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced that members of its senior management will host one-on-one and small group investor meetings at the following investor conference: Event: Piper Sandler Growth Frontiers Conference Dates: Wednesday, September 13, 2023 Location: Virgin Hotels, Nashville ABOUT SURF AIR MOBILITY Surf Air Mobility is a Los Angeles-based regional ai.

Surf Air Mobility to Present to the Investment Community at Upcoming Investor Conference

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), a regional air mobility platform aiming to sustainably connect the world's communities, today announced its second quarter results and outlook for full year 2023. Please visit the Surf Air Mobility investor relations website at investors.surfair.com to view the accompanying letter to its shareholders. “For over a decade, we have been committed to changing how people fly by providing our passengers convenien.

Surf Air Mobility Reports Second Quarter Results and Provides Guidance Following Recent Direct Listing on NYSE

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced that it intends to shorten the Form S-1 registration period for resales to September 1, 2023, in order for: Management to present at institutional investor conferences and host non-deal roadshows, in addition to other institutional investor engagements Financial advisors to engage with institutional investors on Surf Air's beh.

Surf Air to Shorten Form S-1 Registration Period, Enabling Broader Investor Outreach and Effectively Locking Up Affiliate Shares

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM), a regional air mobility platform aiming to sustainably connect the world's communities, today announced that it will release financial results for the second quarter ended June 30, 2023, as well as its outlook for the full year 2023, via press release after the market closes on Wednesday, August 16, 2023. ABOUT SURF AIR MOBILITY Surf Air Mobility is a Los Angeles-based regional air mobility platform expanding the category of reg.

Surf Air Mobility to Provide Second Quarter 2023 Financial Results and Full Year 2023 Outlook on August 16, 2023

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “SAM”), a regional air mobility platform aiming to sustainably connect the world's communities, announced today that the transaction between Surf Air Mobility and Southern Airways (“Southern”) closed immediately prior to the listing of Surf Air Mobility on the New York Stock Exchange under the ticker symbol “SRFM” on July 27, 2023. The combination of Surf Air Mobility and Southern will provide the basis for SAM's antic.

Surf Air Mobility Announces the Successful Completion of its Acquisition of Southern Airways

Earlyworks Co Ltd

Fitell Corp

Structure Therapeutics Inc

Inno Holdings Inc

Janover Inc

Keen Vision Acquisition Corp

Neuraxis Inc

ParaZero Technologies Ltd

Pixie Dust Technologies Inc

Warrantee Inc

A handful of small IPOs and one direct listing closed out the last full week of July. Aviation company Surf Air Mobility completed the first direct listing of 2023, opening 75% below its reference price to begin trading at $5.

U.S. IPO Weekly Recap: July Closes Out With 2023's First Direct Listing And A Wave Of Small IPOs

Surf Air Mobility (NYSE: SRFM ), which is trying to build and fly electric commuter planes, fell hard on its debut. After the direct listing was given a reference price of $20, shares of SRFM stock wound up being offered at $5.

SRFM Stock: Surf Air Mobility Rebounds After Huge Debut Plunge

Better late than never, as the shares of Surf Air Mobility Inc. SRFM, began trading with only about an hour left in Thursday's session, and dropped sharply since then. The electric aviation and air travel company went public through a direct listing, rather than the book-building process of traditional initial public offerings, meaning it didn't raise any money through the IPO.

Surf Air Mobility stock debuts at $5, then tumbles

Electric vehicles (EVs) are already changing the ways we drive, but in the skies, things are also shifting toward a greener future. Surf Air Mobility is working to bring electrification to the air, reducing both costs and emissions in the process.

SRFM Stock: 7 Things to Know as Surf Air Mobility Starts Trading

The startup is one of a growing number of players in the regional air mobility, or RAM, space. It hopes to make short-range air travel more convenient.

Surf Air Mobility stock priced, trading today on NYSE in direct listing instead of IPO

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “SAM”), a regional air travel company aiming to sustainably connect the world's communities, today announced that a reference price of $20.00 per share of Common Stock has been established by the New York Stock Exchange (the “NYSE”) for the expected listing of SAM's Common Stock on the NYSE on Thursday, July 27, 2023. The number of shares of SAM's Common Stock outstanding upon listing will depend on the actual opening.

Surf Air Mobility Announces Update Regarding NYSE Reference Price and Common Stock Outstanding

Surf Air Mobility, an electric airplane company, will go public tomorrow, June 27, and trade under the ticker symbol SRFM. The company wants to develop powertrain technology for electric planes that work with existing fleets.

SRFM Stock IPO: When Does Surf Air Go Public? What Is the Surf Air IPO Price Range?

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced that its registration statement on Forms S-1 and S-4 was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on July 25, 2023. Surf Air Mobility anticipates that its Common Stock will begin trading on the New York Stock Exchange under the ticker symbol “SRFM” on July 27, 2023. A co.

Surf Air Mobility Announces Effectiveness of Registration Statement for Proposed Direct Listing of Its Common Stock

Apogee Therapeutics Inc

Nabors Energy Transition Corp II

Oddity Tech Ltd

Sagimet Biosciences Inc

Turbo Energy SA

Following the Independence Day lull, the July IPO market warmed up with two sizable biotechs, joined by two blank check companies. Surf Air Mobility delayed its direct listing until later this month. In its second IPO attempt, Sagimet Biosciences priced a slightly upsized deal at the midpoint to raise $85 million at a $386 million market cap.

U.S. IPO Weekly Recap: July IPO Market Kicks Off With Sizable Biotechs

Surf Air Mobility Inc. SRFM, , the Hawthorne, Calif.-based company that's seeking FAA approval of hybrid-electric and fully electric Cessna Grand Caravan EX STCs airplanes, said in a filing it plans to list its stock for trading under the symbol SRFM on the New York Stock Exchange on or about July 27.

Surf Air Mobility delays direct listing by 16 days

Electric aviation and regional air travel company Surf Air Mobility has delayed the direct listing of its common shares on the New York Stock Exchange, the company said on Monday, and now expects the trading in its stock to begin during the week of July 24.

Surf Air Mobility pushes its NYSE debut to the week of July 24

Surf Air Mobility Inc. SRFM, , the California-based electric aviation and air travel company pursuing an initial public offering (IPO) without the traditional book-building process, said it expects its stock to start trading on the New York Stock Exchange, under the ticker symbol “SRFM,” on July 24. The company had disclosed last week the registration for sale of of 114.39 million shares, up from the registration of 38.14 million shares that was disclosed on June 22.

Surf Air Mobility expects to go public on the NYSE on July 24, with a potential valuation of more than $1 billion

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced that it anticipates its common stock will begin trading on the New York Stock Exchange under the ticker symbol “SRFM” during the week of July 24, 2023. A copy of the prospectus related to the registration statement may be obtained by visiting the SEC website, by visiting the investor relations page on Surf.

Surf Air Mobility Announces Anticipated Date for Proposed Direct Listing of its Common Stock

Alliance Entertainment Holding Corp

Fidelis Insurance Holdings Ltd

GEN Restaurant Group Inc

Intensity Therapeutics Inc

Kodiak Gas Services Inc

Savers Value Village Inc

Corp Inmobiliaria Vesta SAB de CV

Seven issuers began trading in the final week of June, six of which are eligible for inclusion in our IPO stats and four of which raised $100+ million. The largest for-profit thrift store chain in North America, Savers Value Village upsized and priced above the range to raise $401 million at a $3.1 billion market cap. No IPOs are currently scheduled to list in the week ahead, as markets take a break to celebrate the Fourth of July, although some small issuers may join the calendar during the week.

U.S. IPO Weekly Recap: Sizable Deals Close Out The Q2 IPO Market, Led By Thrift Store Savers

Surf Air Mobility Inc Friday announced an updated investment commitment from the Luxembourg-based investor Gem Global Yield LLC SCS (GGY), to purchase up to US$400 million of Surf Air Mobility common stock over a specified term. The Surf Air parent also said it may request advances under the share subscription facility of up to US$100 million, consisting of four incremental advances of up to US$25 million each.

Surf Air Mobility secures more funding ahead of go-pubic transaction

Electric aviation and regional air travel company Surf Air Mobility said on Thursday it expects the company's shares to start trading on July 11, setting the stage for the first major direct listing in the United States in months.

Surf Air Mobility expects NYSE debut on July 11

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced they have updated their investment commitment from Luxembourg-based Gem Global Yield LLC SCS (“GGY”) pursuant to a share subscription facility and entered into an additional 1,000,000 share purchase agreement with GGY at $25 per share to be funded upon Surf Air Mobility becoming a public company. Pursuant t.

Surf Air Mobility Announces Updated Funding From Gem Global Yield LLC SCS

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (“Surf Air Mobility” or “Surf Air”), a regional air travel company aiming to sustainably connect the world's communities, today announced that David Anderman will join the company as their Chief Legal Officer. Mr. Anderman brings extensive experience across corporate legal strategy and operations, particularly in the aerospace field. Mr. Anderman's leadership will help Surf Air Mobility further its mission to advance the future of flight. Add.

Surf Air Mobility Adds David Anderman as Chief Legal Officer; Appoints Bruce Hack to Board of Directors

David Anderman, who recently served as SpaceX general counsel, is joining soon-to-be-public company Surf Air Mobility, CNBC has learned.

News for Surf Air Mobility Inc Stock (SRFM)