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-K - Q4 2024 - Mar 21, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 14 %
Debt-to-equity -189 %
Return On Equity 61.2 % -65.2%
Return On Assets -68.7 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.9M shares -79%
Common Stock, Shares, Outstanding 16.9M shares +55.7%
Entity Public Float 31.7M USD -84%
Common Stock, Value, Issued 2K USD +100%
Weighted Average Number of Shares Outstanding, Basic 12.9M shares +129%
Weighted Average Number of Shares Outstanding, Diluted 12.9M shares +129%

Income Statement

Label TTM Value / Value Unit Change %
Selling and Marketing Expense 7.51M USD -25.1%
General and Administrative Expense 29.9M USD -70.3%
Costs and Expenses 180M USD -30.2%
Operating Income (Loss) -60.3M USD +69.4%
Nonoperating Income (Expense) -14.9M USD +73.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -75.2M USD +70.4%
Income Tax Expense (Benefit) -287K USD +91.3%
Net Income (Loss) Attributable to Parent -74.9M USD +70.1%
Earnings Per Share, Basic -5.8 USD/shares +87%
Earnings Per Share, Diluted -5.8 USD/shares +87%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 21.1M USD +1127%
Accounts Receivable, after Allowance for Credit Loss, Current 4.26M USD -14.3%
Assets, Current 33.9M USD +91%
Property, Plant and Equipment, Net 42.2M USD -8.22%
Operating Lease, Right-of-Use Asset 17M USD +33%
Intangible Assets, Net (Excluding Goodwill) 23.1M USD -13.3%
Goodwill 0 USD
Other Assets, Noncurrent 6.12M USD +6.92%
Assets 124M USD +11.8%
Accounts Payable, Current 18M USD -4.66%
Employee-related Liabilities, Current 5.94M USD -77.8%
Accrued Liabilities, Current 300K USD
Liabilities, Current 89.6M USD -36%
Operating Lease, Liability, Noncurrent 11.5M USD +110%
Other Liabilities, Noncurrent 24.3M USD +24.9%
Liabilities 244M USD +29.5%
Retained Earnings (Accumulated Deficit) -677M USD -12.4%
Stockholders' Equity Attributable to Parent -120M USD -54.9%
Liabilities and Equity 124M USD +11.8%

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 16.9M shares +55.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 21.7M USD +792%
Deferred Tax Assets, Valuation Allowance 57.5M USD +27.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 71.7M USD +23.4%
Operating Lease, Liability 17.3M USD +33.6%
Payments to Acquire Property, Plant, and Equipment 715K USD +761%
Lessee, Operating Lease, Liability, to be Paid 20.7M USD +43.8%
Property, Plant and Equipment, Gross 48.5M USD +0.24%
Operating Lease, Liability, Current 4.12M USD +0.39%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.6M USD +2.65%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.56M USD -0.15%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +12.6%
Deferred Income Tax Expense (Benefit) -46K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.36M USD +136%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.16M USD +31.7%
Deferred Tax Assets, Operating Loss Carryforwards 54.2M USD +20.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 39M USD +4.94%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.22M USD +136%
Operating Lease, Payments 1.43M USD +258%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3.5M USD +94.4%
Deferred Tax Assets, Net of Valuation Allowance 14.1M USD +8.43%
Share-based Payment Arrangement, Expense -5.98M USD -112%
Interest Expense 5.86M USD +264%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares