कंपनी का अवलोकन
Surf Air Mobility Inc. operates within the United States and international markets, providing a comprehensive air mobility platform that encompasses both scheduled commercial air service flights and on-demand flights executed on an ad-hoc, by-request basis for specific customers. The enterprise functions within the Industrials sector, specifically categorized under the Airlines industry, which positions it as a provider of essential transportation infrastructure and passenger logistics services. This entity maintains a market capitalization of $94.70M and employs a workforce of 467 individuals to execute its operational model. The combination of a market cap under $100 million and annual revenue of $106.56M indicates that Surf Air Mobility Inc. operates as a small-cap entity, suggesting it is in a phase of development where operational scale is being established but has not yet achieved the massive valuation multiples typically associated with mature, large-cap airline conglomerates.
वित्तीय स्वास्थ्य
The company reported trailing twelve-month revenue of $106.56M alongside a net income of $-110,556,000 and an EBITDA of $-67,580,000, highlighting a significant structural cost burden where operating expenses substantially exceed gross revenue generation. This wide divergence between revenue and net income reveals a cost structure characterized by high fixed costs or substantial one-time charges that are not fully covered by the $106.56M in sales. Furthermore, the free cash flow stands at $-42,716,376, indicating a negative cash conversion that severely limits the company's financial flexibility and its ability to fund operations or capital expenditures without external financing. Profitability analysis shows a gross margin of 3.9%, an operating margin of -97.8%, and a profit margin of -103.8%, demonstrating that for every dollar of revenue, the company loses significantly more than a dollar in operating costs before taxes and interest. On the balance sheet, total cash holdings of $12.67M are far outweighed by total debt of $100.58M, while the debt-to-equity ratio is listed as N/A, pointing to a highly leveraged position where liabilities significantly exceed equity. The current ratio is reported at 0.23, a figure that indicates a severe liquidity constraint, as current assets are less than one-quarter of current liabilities, creating a precarious short-term solvency position. Additionally, the Return on Equity is N/A and the Return on Assets is -37.6%, metrics that collectively reveal that management effectiveness is currently negative, as the company destroys shareholder value and utilizes assets inefficiently to generate returns.
मूल्यांकन आकलन
The trailing P/E ratio is listed as N/A due to negative earnings, while the forward P/E is -0.21, a metric that implies the market is pricing in future earnings recovery or is using a non-standard multiple given the current loss-making status. The price-to-book ratio stands at -1.64, which indicates a valuation below the book value of assets and suggests the market is pricing the company at a discount that reflects significant underlying risks or intangible liabilities. Alternative valuation metrics such as the price-to-sales ratio of 0.89 and an EV/EBITDA of -2.70 suggest that investors are valuing the company primarily on its revenue generation potential rather than current profitability or earnings power. Regarding price momentum, the stock has traded between a 52-week high of $9.91 and a 52-week low of $1.04, placing the current trading price at a level that reflects extreme volatility within this specific annual range. The beta value of 3.37 indicates that the stock's price volatility is more than three times that of the broader market, signifying that price movements are highly sensitive to market swings and systemic risk factors.
Growth & Income
The revenue growth year-over-year is -5.7%, while earnings growth is N/A, implying that the company is currently contracting in terms of top-line sales rather than expanding its revenue base. Since the company does not pay dividends, the dividend yield is N/A and the payout ratio is 0.0%, meaning the company retains all its cash flow to attempt to fund operations or pay down debt rather than distributing income to shareholders. The absence of a dividend payout reflects a capital allocation strategy focused on survival and operational restructuring in the face of negative net income and negative free cash flow. Overall, the growth and income profile is defined by revenue contraction, negative returns on capital, and a complete lack of income distribution, painting a picture of a company navigating significant financial challenges in its current fiscal cycle.