This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsFly Play hf (PLAY) 주식 개요아이슬란드에서 항공사를 운영하고 있습니다. 자세히 보기PLAY 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성3/6배당0/6위험 분석지난 5년간 매년 수익이 35.8% 감소했습니다.지난 3개월 동안 주가 변동성이 IS 시장과 비교했을 때 매우 높았습니다.마이너스 주주 지분의미 있는 시가총액이 없습니다(ISK844M)모든 위험 점검 보기PLAY Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueISK Current PriceISK 0.4552.0% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-71m309m2016201920222025202620282031Revenue US$277.9mEarnings US$13.3mAdvancedSet Fair ValueView all narrativesFly Play hf. 경쟁사Icelandair Group hfSymbol: ICSE:ICEAIRMarket cap: ISK 28.0bJaya TrishindoSymbol: IDX:HELIMarket cap: Rp140.8bSpirit Aviation HoldingsSymbol: OTCPK:FLYY.QMarket cap: US$566.4kVolato GroupSymbol: NYSEAM:SOARMarket cap: US$6.2m가격 이력 및 성과Fly Play hf 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가ISK 0.4552주 최고가ISK 2.0052주 최저가ISK 0.37베타0.481개월 변동-0.89%3개월 변동-51.26%1년 변동-76.53%3년 변동-97.25%5년 변동n/aIPO 이후 변동-98.19%최근 뉴스 및 업데이트공시 • Oct 01+ 1 more updateFly Play hf.(ICSE:PLAY) dropped from OMX Nordic All-Share IndexFly Play hf has been dropped from the OMX Nordic All-Share Index공시 • Sep 30Fly Play Hf. Decides to Cease OperationsThe Board of Fly Play hf. has decided to cease operations. All of the company's flights have been canceled. The company will work closely with authorities and employees to implement necessary measures to wind down operations. There are several reasons for this decision, including: the company's performance has long been weaker than expected, ticket sales have been poor in recent weeks and months following negative media coverage of its operations, and there has been discontent among some employees due to changes in the company's strategy. Great hopes had been pin on the revised business model introduced last fall, which at the time was considered a source of considerable optimism. Unfortunately, it has now become clear that these changes cannot deliver results sufficient to overcome the company's deep-rooted challenges that have built up over time. Insight, the new business plan should have been implemented earlier. In light of the above, PLAY is ceasing operations today. Thousands of passengers will need to reorganize their return journeys, around 400 people will lose their jobs, and the company's partners will suffer losses. On this occasion, the Board and management of PLAY emphasize that every effort was made to reach a different outcome. This decision is the most painful one imaginable in this situation and has only been taken because all other options were deemed exhausted. The Board sincerely apologizes to everyone negatively affected by this outcome.Reported Earnings • Aug 08Second quarter 2025 earnings released: US$0.80 loss per share (vs US$0.70 loss in 2Q 2024)Second quarter 2025 results: US$0.80 loss per share (further deteriorated from US$0.70 loss in 2Q 2024). Revenue: US$72.1m (down 7.9% from 2Q 2024). Net loss: US$15.3m (loss widened 90% from 2Q 2024).New Risk • Jul 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Kr1.17b (US$9.57m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-US$60m). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (Kr1.17b market cap, or US$9.57m).공시 • Jul 09Fly Play hf. announced that it expects to receive ISK 2.4 billion in fundingFly Play hf announced that it has secured binding, conditional subscription commitments from investors for the purchase of a convertible bond totaling ISK 2.4 billion, or approximately $20 million on July 9, 2025. Among the participants in this financing round are the company’s largest shareholders as well as new Icelandic investors. The financing will take the form of a two-year convertible bond issuance.공시 • Jun 11Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction.Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction on June 10, 2025. The consideration consists of common equity of the buyer at a ratio of 1 per common equity of Fly Play hf. A cash consideration valued at ISK 1 per share will be paid by the buyer. Obtained financing of ISK 880 million ($7 million) in the form of equity as well as borrowings. Purchasers need to secure further financing of ISK 1.6 billion ($13 million) to make the offer and support the continued operations and growth of PLAY. Following the completion of the Offer, if submitted, the Offeror intends to seek a delisting of shares, issued by PLAY, on Nasdaq Iceland. The transaction is subject to approval by regulatory board / committee and controlling more than 90% of shares and votes in Play accepting the offer. Arctica Finance hf. acted as financial advisor to Einar Örn Ólafsson and Elías Skúli Skúlason.더 많은 업데이트 보기Recent updates공시 • Oct 01+ 1 more updateFly Play hf.(ICSE:PLAY) dropped from OMX Nordic All-Share IndexFly Play hf has been dropped from the OMX Nordic All-Share Index공시 • Sep 30Fly Play Hf. Decides to Cease OperationsThe Board of Fly Play hf. has decided to cease operations. All of the company's flights have been canceled. The company will work closely with authorities and employees to implement necessary measures to wind down operations. There are several reasons for this decision, including: the company's performance has long been weaker than expected, ticket sales have been poor in recent weeks and months following negative media coverage of its operations, and there has been discontent among some employees due to changes in the company's strategy. Great hopes had been pin on the revised business model introduced last fall, which at the time was considered a source of considerable optimism. Unfortunately, it has now become clear that these changes cannot deliver results sufficient to overcome the company's deep-rooted challenges that have built up over time. Insight, the new business plan should have been implemented earlier. In light of the above, PLAY is ceasing operations today. Thousands of passengers will need to reorganize their return journeys, around 400 people will lose their jobs, and the company's partners will suffer losses. On this occasion, the Board and management of PLAY emphasize that every effort was made to reach a different outcome. This decision is the most painful one imaginable in this situation and has only been taken because all other options were deemed exhausted. The Board sincerely apologizes to everyone negatively affected by this outcome.Reported Earnings • Aug 08Second quarter 2025 earnings released: US$0.80 loss per share (vs US$0.70 loss in 2Q 2024)Second quarter 2025 results: US$0.80 loss per share (further deteriorated from US$0.70 loss in 2Q 2024). Revenue: US$72.1m (down 7.9% from 2Q 2024). Net loss: US$15.3m (loss widened 90% from 2Q 2024).New Risk • Jul 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Kr1.17b (US$9.57m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-US$60m). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (Kr1.17b market cap, or US$9.57m).공시 • Jul 09Fly Play hf. announced that it expects to receive ISK 2.4 billion in fundingFly Play hf announced that it has secured binding, conditional subscription commitments from investors for the purchase of a convertible bond totaling ISK 2.4 billion, or approximately $20 million on July 9, 2025. Among the participants in this financing round are the company’s largest shareholders as well as new Icelandic investors. The financing will take the form of a two-year convertible bond issuance.공시 • Jun 11Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction.Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction on June 10, 2025. The consideration consists of common equity of the buyer at a ratio of 1 per common equity of Fly Play hf. A cash consideration valued at ISK 1 per share will be paid by the buyer. Obtained financing of ISK 880 million ($7 million) in the form of equity as well as borrowings. Purchasers need to secure further financing of ISK 1.6 billion ($13 million) to make the offer and support the continued operations and growth of PLAY. Following the completion of the Offer, if submitted, the Offeror intends to seek a delisting of shares, issued by PLAY, on Nasdaq Iceland. The transaction is subject to approval by regulatory board / committee and controlling more than 90% of shares and votes in Play accepting the offer. Arctica Finance hf. acted as financial advisor to Einar Örn Ólafsson and Elías Skúli Skúlason.Reported Earnings • May 02First quarter 2025 earnings released: US$1.90 loss per share (vs US$4.00 loss in 1Q 2024)First quarter 2025 results: US$1.90 loss per share (improved from US$4.00 loss in 1Q 2024). Revenue: US$46.4m (down 15% from 1Q 2024). Net loss: US$26.8m (loss narrowed 1.4% from 1Q 2024).공시 • Apr 11Fly Play Hf. Announces Committee ChangesFly Play hf. at its AGM held on April 9, 2025, announced that the proposal of the Board of Directors to appoint Jón G. Hjálmarsson, the current chair of the Company's Audit Committee, to act as an independent member of the Company's Audit Committee was approved.공시 • Mar 28Play Europe Receives Air Operator Certificate in MaltaPlay Europe, a subsidiary of Fly Play hf., has been granted an Air Operator Certificate (AOC) from the Civil Aviation Directorate in Malta. The certificate was presented at a formal ceremony held in Malta this morning. Fly Play hf. currently operates a fleet of ten aircraft. Play has already reached an agreement with an airline operator in Eastern Europe, which includes the lease of three aircraft under the new Maltese Air Operator Certificate (AOC). These aircraft will operate exclusively outside of Iceland and not under the Play brand. In other words, they will not fly to or from Iceland, but rather between cities on the European mainland. Pilots and senior cabin crew will be employees of Play Europe and will be hired and based in the country from which the lessee operates. Fly Play hf. will continue to operate as an Icelandic low-cost airline, with the majority of its aircraft based in Keflavík. The first aircraft registered under the Maltese AOC is an Airbus A321-NEO, manufactured in 2018, bearing the registration 9H-PEA.New Risk • Mar 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Kr1.31b (US$9.49m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Negative equity (-US$33m). Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Market cap is less than US$10m (Kr1.31b market cap, or US$9.49m).New Risk • Feb 21New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$33m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Negative equity (-US$33m). Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Minor Risk Market cap is less than US$100m (Kr1.46b market cap, or US$10.5m).공시 • Jan 02+ 2 more updatesFly Play hf. to Report Q2, 2025 Results on Aug 07, 2025Fly Play hf. announced that they will report Q2, 2025 results on Aug 07, 2025Reported Earnings • Oct 27Third quarter 2024 earnings released: EPS: US$0.20 (vs US$0.70 in 3Q 2023)Third quarter 2024 results: EPS: US$0.20 (down from US$0.70 in 3Q 2023). Revenue: US$100.5m (down 8.8% from 3Q 2023). Net income: US$3.49m (down 25% from 3Q 2023). Profit margin: 3.5% (down from 4.2% in 3Q 2023). The decrease in margin was driven by lower revenue.공시 • Oct 18Fly Play Hf. Announces Earnings Guidance for 2024Fly Play hf. announced earnings guidance for 2024. The company EBIT for the full year 2024 is now expected to fall below last year's results, which is a change from previous statements. The increase in capacity across the Atlantic in spring and summer 2024 had a greater negative impact than initially anticipated.분석 기사 • Sep 14We're Not Very Worried About Fly Play hf's (ICE:PLAY) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...공시 • Jul 30PLAY Announces Changes in Management and DirectorsPLAY has made changes to its executive management and directors, effective by the end of July. These changes are a part of PLAY's ongoing efforts to strengthen and enhance its operations. Andri Geir Eyjólfsson has been appointed Chief Operations Officer (COO) of PLAY, succeeding Arnar Már Magnússon. Andri has been with PLAY since 2019 as the Technical Director and has served as Deputy COO for the past year. With 18 years of experience in the aviation industry, Andri has held positions such as Deputy Technical Director at WOW air and various other roles at Air Atlanta, Icelandair and WOW. He studied aircraft maintenance mechanics at TEC Aviation in Denmark. Sigurður Örn Ágústsson, currently Chief of Business Development, will assume the role of Chief Development Officer (CDO) at PLAY, replacing Georg Haraldsson. Georg will continue to serve as an advisor for the company over the coming months. Sigurður brings extensive experience in the aviation industry, having served as CEO and Chairman of the Board at Bluebird and as a board member at Avion Express. He holds an MBA degree from the Katz Graduate School of Business at the University of Pittsburgh. Additionally, PLAY has appointed Ramunas Kurkutis as the Director of Information Technology. Based in PLAY's Vilnius, Lithuania office, Ramunas brings over two decades of managerial experience in information technology with international companies. He has extensive expertise in the aviation, energy, and finance sectors. PLAY has established a new office reporting to the CEO, which includes two divisions: The Legal and Human Resources division, managed by Jóhann Pétur Harðarson. Jóhann has been PLAY's General Counsel since 2021 and has extensive business experience. He holds a cand. jur. degree in law from the University of Iceland and an MBA from NYU Stern School of Business. The Communications and Marketing division, managed by Nadine Guðrún Yaghi. Nadine Guðrún has been Director of Communications and Service at PLAY since 2021 and has a background as a journalist. She holds a cand. jur. degree in law from the University of Iceland. The executive team at PLAY will now comprise six members: Einar Örn Ólafsson, CEO, Ruta Dabašinskaite-Vitke, Chief Financial Officer, Andri Geir Eyjólfsson, Chief Operations Officer, Daníel Snæbjörnsson, Chief Network Officer, Sonja Arnórsdóttir, Chief Commercial Officer, and Sigurður Örn Ágústsson, Chief Development Officer.공시 • Jul 23Fly Play Hf. Updates Financial Outlook for 2024Fly Play hf. updated financial outlook for 2024. The preparation of interim financial report and updated financial outlook for 2024 indicates that EBIT results will not be around zero as previously stated but will be negative. However, EBIT is projected to be much better than last year.공시 • Jul 10Fly Play hf. Announces Resignation of Jónína Guðmundsdóttir as Chief People OfficerJónína Guðmundsdóttir has decided to resign as Chief People Officer of PLAY Airlines. She will remain in the position until the end of July. Jóna Björk Sigurjónsdóttir, Director of HR, will take over Jónína’s duties until further notice.공시 • Jul 04PLAY Airlines Appoints Ruta Dabašinskaite-Vitke as Chief Financial Officer, Effective from AugustPLAY airlines has appointed Ruta Dabašinskaite-Vitke as its new Chief Financial Officer. With 15 years of experience in finance and 10 years in general management, Ruta will join the company in August. Ruta holds an MBA degree and has served as the CFO for Bluebird Nordic from 2021 to 2024. Prior to that, she was the CEO of TD Baltic UAB.공시 • Jun 02Fly Play hf. Announces CFO ChangesFly Play hf. announced appointment Einar Örn Ólafsson, CEO of PLAY as interim CFO. The measure is temporary until a new CFO has been appointed. At the same time, Ólafur Þór Jóhannesson, the outgoing CFO, will step down as of May 31, 2024, having resigned at his own request last month.분석 기사 • May 30Positive Sentiment Still Eludes Fly Play hf. (ICE:PLAY) Following 26% Share Price SlumpThe Fly Play hf. ( ICE:PLAY ) share price has fared very poorly over the last month, falling by a substantial 26%. The...New Risk • May 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 120% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Minor Risk Market cap is less than US$100m (Kr7.91b market cap, or US$56.5m).공시 • May 03PLAY airlines Appoints Arnar Már Magnússon as Deputy CEOArnar Már Magnússon has been appointed as the Deputy CEO of PLAY airlines. Arnar Már has served as the Chief Operations Officer of PLAY and will retain that position alongside his new role.공시 • Apr 26Fly Play hf. has filed a Follow-on Equity Offering.Fly Play hf. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 1,023,155,559 Transaction Features: Subsequent Direct ListingReported Earnings • Apr 25First quarter 2024 earnings releasedFirst quarter 2024 results: US$0.025 loss per share. Revenue: US$54.5m (up 67% from 1Q 2023). Net loss: US$21.7m (loss widened 26% from 1Q 2023).공시 • Apr 16Sigurður Örn Joins Fly Play hf. as Chief of Business DevelopmentFly Play hf. announced that Sigurður Örn has joined PLAY Airlines as Chief of Business Development. This is a new position within the company where Sigurður will oversee the expansion of the company’s business ventures across all departments. Sigurður Örn holds an MBA degree from the Katz Graduate School of Business at the University of Pittsburgh and has an extensive background in aviation. Sigurður previously served as CEO and chairman of Bluebird Nordic and was board member of Avion Express. He also played a key role in negotiating major acquisitions for Avia Solutions Group (AGS), including Avion Express, SmartLynx, and Bluebird Nordic.공시 • Apr 12Fly Play hf. has completed a Follow-on Equity Offering in the amount of ISK 500.000004 million.Fly Play hf. has completed a Follow-on Equity Offering in the amount of ISK 500.000004 million. Security Name: Shares Security Type: Common Stock Securities Offered: 111,111,112 Price\Range: ISK 4.5New Risk • Feb 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Icelandic stocks, typically moving 7.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.1% average weekly change). Minor Risk Market cap is less than US$100m (Kr4.69b market cap, or US$34.1m).분석 기사 • Feb 07Fly Play hf. (ICE:PLAY) Investors Are Less Pessimistic Than ExpectedWith a median price-to-sales (or "P/S") ratio of close to 0.4x in the Airlines industry in Iceland, you could be...공시 • Jan 12+ 3 more updatesFly Play hf. to Report Q4, 2024 Results on Feb 07, 2025Fly Play hf. announced that they will report Q4, 2024 results on Feb 07, 2025Reported Earnings • Oct 27Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: US$0.80. Revenue: US$110.2m (up 84% from 3Q 2022). Net income: US$5.19m (up US$8.05m from 3Q 2022). Profit margin: 4.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue.공시 • Sep 29Fly Play hf. Provides Earnings Guidance for the Third Quarter 2023 and Operating and Earnings Guidance for the Year 2023 and 2024Fly Play hf. provided earnings guidance for the third quarter 2023 and operating and earnings guidance for the year 2023 and 2024. The company estimate of the third quarter result shows that operating profit will be approximately USD 10 million compared to USD 1.3 million in the third quarter of 2022. The company expects to turn a profit of USD 4 million in the third quarter.The company expects to carry around 1.5 million passengers in 2023. The cost per seat kilometer excluding fuel (CASK Ex Fuel) is estimated at around USD 3.7 cents for the full fiscal year 2023.The company expects operating loss for the year 2023 will be around USD 10 million. Furthermore, the company expects revenue of approximately USD 280 million this year.The company plans to carry around 1.8 million passengers in 2024. CASK Ex Fuel is estimated to increase in line with inflation, which includes a 1% increase in cost in 2024 due to recently announced changes to Pilot’s Collective Bargaining Agreements. Estimated revenue for 2024 will be around USD 340 million. The company plans to post an operating profit in 2024.공시 • Aug 10Fly Play Hf. Launches Ticket Sales to Frankfurt in Germany in JulyFly Play hf. launched ticket sales to Frankfurt in Germany in July. PLAY´s first flight to Frankfurt will be on December 14, 2023, operating four to five flights a week over the winter period. Frankfurt will have direct connectivity to PLAY’s destinations in North America and is PLAY´s fourth destination in Germany along with Berlin, Düsseldorf and Hamburg.공시 • Jul 29Fly Play Hf. Provides Earnings Guidance for the Full Year 2023Fly Play hf. provided earnings guidance for the full year 2023. For the year, the company anticipated carrying 1.5 million to 1.7 million passengers while achieving a positive EBIT for the full year. The airline is projected to generate a total revenue of USD 280 to USD 310 million in 2023. The guidance is in line with the guidance published in the First Quarter results.분석 기사 • Jun 23We're Not Worried About Fly Play hf's (ICE:PLAY) Cash BurnThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...Reported Earnings • Apr 30First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: US$32.7m (up 55% from 1Q 2022). Net loss: US$17.2m (loss widened 35% from 1Q 2022).분석 기사 • Feb 21We're Keeping An Eye On Fly Play hf's (ICE:PLAY) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although...Reported Earnings • Feb 20Full year 2022 earnings releasedFull year 2022 results: Revenue: US$139.8m (up US$123.4m from FY 2021). Net loss: US$45.5m (loss widened 102% from FY 2021).공시 • Feb 16+ 4 more updatesFly Play hf. to Report Q1, 2023 Results on Apr 27, 2023Fly Play hf. announced that they will report Q1, 2023 results on Apr 27, 2023공시 • Feb 08Fly Play hf. Adds Four New Destinations to NetworkFly Play hf. announced four new destinations were added to the network on January 5, 2023: Danish cities Aarhus, Aalborg and Billund, as well as the great business and fashion city Düsseldorf in Germany. These destinations fit perfectly with PLAY's transatlantic routes to North America. The inaugural flights to these destinations are all in early June 2023. On January 10, 2023, PLAY launched ticket sales for daily flights to Toronto Hamilton Airport in Canada, with the first flight scheduled on June 22, 2023. This new route is PLAY's fifth destination in North America and will offer connections to 15 destinations in Europe. Ticket sales for the new route have exceeded all expectations and it is safe to say that the addition of Toronto to the network was the natural next step for PLAY.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: US$59.9m (up US$53.1m from 3Q 2021). Net loss: US$2.87m (loss narrowed 74% from 3Q 2021).공시 • Nov 04Fly Play hf. Provides Earnings Guidance for the Year 2022 and 2023Fly Play hf. provided earnings guidance for the year 2022 and 2023. The company's guidance for 2022 has been updated and the company forecasts an annual turnover of approx. $140 million this year.The company expects the annual turnover for 2023 to be $310 million to $330 million and the company forecasts a positive operating profit (EBIT) for the full year.공시 • Sep 08Fly Play hf. Launches Ticket Sales to Washington Dulles with Daily Operations Starting on April 26, 2023Fly Play hf. announced that in August 2022, It launched ticket sales to Washington Dulles (IAD) with daily operations starting on April 26, 2023. This new connection is the company’s fourth destination in the U.S., complementing its operations to Baltimore (BWI), Boston (BOS) and New York (SWF). The company will be the only low-cost carrier to connect Dulles International Airport to Europe.Reported Earnings • Aug 23Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: US$32.5m (up US$32.5m from 2Q 2021). Net loss: US$14.3m (loss widened US$13.4m from 2Q 2021).공시 • Aug 23+ 1 more updateFly Play hf. to Report Nine Months, 2022 Results on Nov 03, 2022Fly Play hf. announced that they will report nine months, 2022 results on Nov 03, 2022Reported Earnings • May 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: US$9.64m (up US$9.62m from 1Q 2021). Net loss: US$11.2m (loss widened US$10.3m from 1Q 2021).Reported Earnings • May 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: US$9.64m (up US$9.62m from 1Q 2021). Net loss: US$11.2m (loss widened US$10.3m from 1Q 2021).분석 기사 • May 25We Think Fly Play hf (ICE:PLAY) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Feb 24Play Airlines Launches Its Ticket Sales to Orlando, Florida in the U.SPLAY airlines has launched its ticket sales to Orlando, Florida in the U.S. PLAY´s first flight to Orlando will be September 30. PLAY will operate flights to Orlando International Airport three times a week, Mondays, Wednesdays and Fridays, and from Orlando International Tuesdays, Thursdays and Saturdays. Orlando will be PLAY´s fourth destination in the U.S. The other three destinations are Boston, Baltimore/Washington DC and New York, all starting in Spring/Summer 2022. PLAY will be adding Airbus A321neo Long Range (LR) aircraft to its fleet, making it possible to operate flights to Orlando. PLAY uses the standard model of the Airbus A321neo, but the Airbus A321neo LR is the same aircraft with more fuel capacity and, therefore, capable of flying further than PLAY’s existing Airbus A321s. The city of Orlando, centrally located in the state of Florida, is a destination characterized by adventure, entertainment, fairytales and endless fun in a sunny setting of a modern and happening city. Orlando has more theme parks and attractions than any other destination in the world, including Walt Disney World, Universal Studios, and Legoland Florida. Florida has a tropical climate, an immense shoreline and incredibly diverse wildlife, making it the perfect destination for any outdoor activity and recreation. From Orlando International Airport, travelers can soon travel around Florida with the Brightline high-speed rail. The expansion of the Brightline rail is well underway, and the route from Orlando International to Miami is expected to open in early 2023.공시 • Feb 08PLAY Launches New Low-Cost Route Between Europe and New YorkPLAY on February 1, launched ticket sales to New York. PLAY´s first flight to New York will be on June 9, and flights will be operated daily. PLAY will fly to New York Stewart International Airport and will be the first airline to operate international flights from the airport for a number of years. This will be a major benefit for the millions of people living in the area and the local tourism industry. This is PLAY´s third destination in the United States as flights to Baltimore/Washington, D.C. will begin in April, and to Boston in May. The cost of operating at New York Stewart Airport is significantly lower than other airports in New York, making it possible for PLAY to offer the lowest fares between New York and Europe. Because of less traffic at the airport, PLAY´s aircraft will spend less time in holding patterns and taxiing on the ground, saving fuel, operating expenses, and reducing carbon emissions. This aligns well with PLAY´s strategy of offering the lowest prices and comfortable and relaxed services in an environmentally-friendly manner. The reception after the launch was very good, and immediately saw a healthy flow of bookings coming from the U.S., Europe and Iceland.주주 수익률PLAYIS AirlinesIS 시장7D-4.7%-2.0%-0.4%1Y-76.5%2.0%5.0%전체 주주 수익률 보기수익률 대 산업: PLAY은 지난 1년 동안 2%의 수익을 기록한 IS Airlines 산업보다 저조한 성과를 냈습니다.수익률 대 시장: PLAY은 지난 1년 동안 5%를 기록한 IS 시장보다 저조한 성과를 냈습니다.주가 변동성Is PLAY's price volatile compared to industry and market?PLAY volatilityPLAY Average Weekly Movement13.2%Airlines Industry Average Movement7.0%Market Average Movement3.1%10% most volatile stocks in IS Market5.9%10% least volatile stocks in IS Market2.6%안정적인 주가: PLAY의 주가는 지난 3개월 동안 IS 시장보다 변동성이 컸습니다.시간에 따른 변동성: PLAY의 주간 변동성(13%)은 지난 1년 동안 안정적이었지만 IS 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트2019529Einar Olafssonflyplay.com아이슬란드에서 항공사를 운영하고 있습니다. 유럽과 북미 간 항공편을 운항합니다. 이 회사는 2019년에 설립되었으며 아이슬란드 레이캬비크에 본사를 두고 있습니다.더 보기Fly Play hf. 기초 지표 요약Fly Play hf의 순이익과 매출은 시가총액과 어떻게 비교됩니까?PLAY 기초 통계시가총액ISK 843.65m순이익 (TTM)-ISK 8.61b매출 (TTM)ISK 33.78b0.0x주가매출비율(P/S)-0.1x주가수익비율(P/E)PLAY는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표PLAY 손익계산서 (TTM)매출US$277.90m매출원가US$247.48m총이익US$30.42m기타 비용US$101.25m순이익-US$70.83m최근 보고된 실적Jun 30, 2025다음 실적 발표일Nov 04, 2025주당순이익(EPS)-0.037총이익률10.95%순이익률-25.49%부채/자본 비율0%PLAY의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/10/02 08:23종가2025/09/29 00:00수익2025/06/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Fly Play hf.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Oct 01+ 1 more updateFly Play hf.(ICSE:PLAY) dropped from OMX Nordic All-Share IndexFly Play hf has been dropped from the OMX Nordic All-Share Index
공시 • Sep 30Fly Play Hf. Decides to Cease OperationsThe Board of Fly Play hf. has decided to cease operations. All of the company's flights have been canceled. The company will work closely with authorities and employees to implement necessary measures to wind down operations. There are several reasons for this decision, including: the company's performance has long been weaker than expected, ticket sales have been poor in recent weeks and months following negative media coverage of its operations, and there has been discontent among some employees due to changes in the company's strategy. Great hopes had been pin on the revised business model introduced last fall, which at the time was considered a source of considerable optimism. Unfortunately, it has now become clear that these changes cannot deliver results sufficient to overcome the company's deep-rooted challenges that have built up over time. Insight, the new business plan should have been implemented earlier. In light of the above, PLAY is ceasing operations today. Thousands of passengers will need to reorganize their return journeys, around 400 people will lose their jobs, and the company's partners will suffer losses. On this occasion, the Board and management of PLAY emphasize that every effort was made to reach a different outcome. This decision is the most painful one imaginable in this situation and has only been taken because all other options were deemed exhausted. The Board sincerely apologizes to everyone negatively affected by this outcome.
Reported Earnings • Aug 08Second quarter 2025 earnings released: US$0.80 loss per share (vs US$0.70 loss in 2Q 2024)Second quarter 2025 results: US$0.80 loss per share (further deteriorated from US$0.70 loss in 2Q 2024). Revenue: US$72.1m (down 7.9% from 2Q 2024). Net loss: US$15.3m (loss widened 90% from 2Q 2024).
New Risk • Jul 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Kr1.17b (US$9.57m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-US$60m). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (Kr1.17b market cap, or US$9.57m).
공시 • Jul 09Fly Play hf. announced that it expects to receive ISK 2.4 billion in fundingFly Play hf announced that it has secured binding, conditional subscription commitments from investors for the purchase of a convertible bond totaling ISK 2.4 billion, or approximately $20 million on July 9, 2025. Among the participants in this financing round are the company’s largest shareholders as well as new Icelandic investors. The financing will take the form of a two-year convertible bond issuance.
공시 • Jun 11Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction.Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction on June 10, 2025. The consideration consists of common equity of the buyer at a ratio of 1 per common equity of Fly Play hf. A cash consideration valued at ISK 1 per share will be paid by the buyer. Obtained financing of ISK 880 million ($7 million) in the form of equity as well as borrowings. Purchasers need to secure further financing of ISK 1.6 billion ($13 million) to make the offer and support the continued operations and growth of PLAY. Following the completion of the Offer, if submitted, the Offeror intends to seek a delisting of shares, issued by PLAY, on Nasdaq Iceland. The transaction is subject to approval by regulatory board / committee and controlling more than 90% of shares and votes in Play accepting the offer. Arctica Finance hf. acted as financial advisor to Einar Örn Ólafsson and Elías Skúli Skúlason.
공시 • Oct 01+ 1 more updateFly Play hf.(ICSE:PLAY) dropped from OMX Nordic All-Share IndexFly Play hf has been dropped from the OMX Nordic All-Share Index
공시 • Sep 30Fly Play Hf. Decides to Cease OperationsThe Board of Fly Play hf. has decided to cease operations. All of the company's flights have been canceled. The company will work closely with authorities and employees to implement necessary measures to wind down operations. There are several reasons for this decision, including: the company's performance has long been weaker than expected, ticket sales have been poor in recent weeks and months following negative media coverage of its operations, and there has been discontent among some employees due to changes in the company's strategy. Great hopes had been pin on the revised business model introduced last fall, which at the time was considered a source of considerable optimism. Unfortunately, it has now become clear that these changes cannot deliver results sufficient to overcome the company's deep-rooted challenges that have built up over time. Insight, the new business plan should have been implemented earlier. In light of the above, PLAY is ceasing operations today. Thousands of passengers will need to reorganize their return journeys, around 400 people will lose their jobs, and the company's partners will suffer losses. On this occasion, the Board and management of PLAY emphasize that every effort was made to reach a different outcome. This decision is the most painful one imaginable in this situation and has only been taken because all other options were deemed exhausted. The Board sincerely apologizes to everyone negatively affected by this outcome.
Reported Earnings • Aug 08Second quarter 2025 earnings released: US$0.80 loss per share (vs US$0.70 loss in 2Q 2024)Second quarter 2025 results: US$0.80 loss per share (further deteriorated from US$0.70 loss in 2Q 2024). Revenue: US$72.1m (down 7.9% from 2Q 2024). Net loss: US$15.3m (loss widened 90% from 2Q 2024).
New Risk • Jul 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Kr1.17b (US$9.57m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-US$60m). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (Kr1.17b market cap, or US$9.57m).
공시 • Jul 09Fly Play hf. announced that it expects to receive ISK 2.4 billion in fundingFly Play hf announced that it has secured binding, conditional subscription commitments from investors for the purchase of a convertible bond totaling ISK 2.4 billion, or approximately $20 million on July 9, 2025. Among the participants in this financing round are the company’s largest shareholders as well as new Icelandic investors. The financing will take the form of a two-year convertible bond issuance.
공시 • Jun 11Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction.Einar Örn Ólafsson and Elías Skúli Skúlason proposed to acquire an unknown majority stake in Fly Play hf. (ICSE:PLAY) from a group of shareholders in a management buyout transaction on June 10, 2025. The consideration consists of common equity of the buyer at a ratio of 1 per common equity of Fly Play hf. A cash consideration valued at ISK 1 per share will be paid by the buyer. Obtained financing of ISK 880 million ($7 million) in the form of equity as well as borrowings. Purchasers need to secure further financing of ISK 1.6 billion ($13 million) to make the offer and support the continued operations and growth of PLAY. Following the completion of the Offer, if submitted, the Offeror intends to seek a delisting of shares, issued by PLAY, on Nasdaq Iceland. The transaction is subject to approval by regulatory board / committee and controlling more than 90% of shares and votes in Play accepting the offer. Arctica Finance hf. acted as financial advisor to Einar Örn Ólafsson and Elías Skúli Skúlason.
Reported Earnings • May 02First quarter 2025 earnings released: US$1.90 loss per share (vs US$4.00 loss in 1Q 2024)First quarter 2025 results: US$1.90 loss per share (improved from US$4.00 loss in 1Q 2024). Revenue: US$46.4m (down 15% from 1Q 2024). Net loss: US$26.8m (loss narrowed 1.4% from 1Q 2024).
공시 • Apr 11Fly Play Hf. Announces Committee ChangesFly Play hf. at its AGM held on April 9, 2025, announced that the proposal of the Board of Directors to appoint Jón G. Hjálmarsson, the current chair of the Company's Audit Committee, to act as an independent member of the Company's Audit Committee was approved.
공시 • Mar 28Play Europe Receives Air Operator Certificate in MaltaPlay Europe, a subsidiary of Fly Play hf., has been granted an Air Operator Certificate (AOC) from the Civil Aviation Directorate in Malta. The certificate was presented at a formal ceremony held in Malta this morning. Fly Play hf. currently operates a fleet of ten aircraft. Play has already reached an agreement with an airline operator in Eastern Europe, which includes the lease of three aircraft under the new Maltese Air Operator Certificate (AOC). These aircraft will operate exclusively outside of Iceland and not under the Play brand. In other words, they will not fly to or from Iceland, but rather between cities on the European mainland. Pilots and senior cabin crew will be employees of Play Europe and will be hired and based in the country from which the lessee operates. Fly Play hf. will continue to operate as an Icelandic low-cost airline, with the majority of its aircraft based in Keflavík. The first aircraft registered under the Maltese AOC is an Airbus A321-NEO, manufactured in 2018, bearing the registration 9H-PEA.
New Risk • Mar 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Kr1.31b (US$9.49m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Negative equity (-US$33m). Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Market cap is less than US$10m (Kr1.31b market cap, or US$9.49m).
New Risk • Feb 21New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$33m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Negative equity (-US$33m). Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Minor Risk Market cap is less than US$100m (Kr1.46b market cap, or US$10.5m).
공시 • Jan 02+ 2 more updatesFly Play hf. to Report Q2, 2025 Results on Aug 07, 2025Fly Play hf. announced that they will report Q2, 2025 results on Aug 07, 2025
Reported Earnings • Oct 27Third quarter 2024 earnings released: EPS: US$0.20 (vs US$0.70 in 3Q 2023)Third quarter 2024 results: EPS: US$0.20 (down from US$0.70 in 3Q 2023). Revenue: US$100.5m (down 8.8% from 3Q 2023). Net income: US$3.49m (down 25% from 3Q 2023). Profit margin: 3.5% (down from 4.2% in 3Q 2023). The decrease in margin was driven by lower revenue.
공시 • Oct 18Fly Play Hf. Announces Earnings Guidance for 2024Fly Play hf. announced earnings guidance for 2024. The company EBIT for the full year 2024 is now expected to fall below last year's results, which is a change from previous statements. The increase in capacity across the Atlantic in spring and summer 2024 had a greater negative impact than initially anticipated.
분석 기사 • Sep 14We're Not Very Worried About Fly Play hf's (ICE:PLAY) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
공시 • Jul 30PLAY Announces Changes in Management and DirectorsPLAY has made changes to its executive management and directors, effective by the end of July. These changes are a part of PLAY's ongoing efforts to strengthen and enhance its operations. Andri Geir Eyjólfsson has been appointed Chief Operations Officer (COO) of PLAY, succeeding Arnar Már Magnússon. Andri has been with PLAY since 2019 as the Technical Director and has served as Deputy COO for the past year. With 18 years of experience in the aviation industry, Andri has held positions such as Deputy Technical Director at WOW air and various other roles at Air Atlanta, Icelandair and WOW. He studied aircraft maintenance mechanics at TEC Aviation in Denmark. Sigurður Örn Ágústsson, currently Chief of Business Development, will assume the role of Chief Development Officer (CDO) at PLAY, replacing Georg Haraldsson. Georg will continue to serve as an advisor for the company over the coming months. Sigurður brings extensive experience in the aviation industry, having served as CEO and Chairman of the Board at Bluebird and as a board member at Avion Express. He holds an MBA degree from the Katz Graduate School of Business at the University of Pittsburgh. Additionally, PLAY has appointed Ramunas Kurkutis as the Director of Information Technology. Based in PLAY's Vilnius, Lithuania office, Ramunas brings over two decades of managerial experience in information technology with international companies. He has extensive expertise in the aviation, energy, and finance sectors. PLAY has established a new office reporting to the CEO, which includes two divisions: The Legal and Human Resources division, managed by Jóhann Pétur Harðarson. Jóhann has been PLAY's General Counsel since 2021 and has extensive business experience. He holds a cand. jur. degree in law from the University of Iceland and an MBA from NYU Stern School of Business. The Communications and Marketing division, managed by Nadine Guðrún Yaghi. Nadine Guðrún has been Director of Communications and Service at PLAY since 2021 and has a background as a journalist. She holds a cand. jur. degree in law from the University of Iceland. The executive team at PLAY will now comprise six members: Einar Örn Ólafsson, CEO, Ruta Dabašinskaite-Vitke, Chief Financial Officer, Andri Geir Eyjólfsson, Chief Operations Officer, Daníel Snæbjörnsson, Chief Network Officer, Sonja Arnórsdóttir, Chief Commercial Officer, and Sigurður Örn Ágústsson, Chief Development Officer.
공시 • Jul 23Fly Play Hf. Updates Financial Outlook for 2024Fly Play hf. updated financial outlook for 2024. The preparation of interim financial report and updated financial outlook for 2024 indicates that EBIT results will not be around zero as previously stated but will be negative. However, EBIT is projected to be much better than last year.
공시 • Jul 10Fly Play hf. Announces Resignation of Jónína Guðmundsdóttir as Chief People OfficerJónína Guðmundsdóttir has decided to resign as Chief People Officer of PLAY Airlines. She will remain in the position until the end of July. Jóna Björk Sigurjónsdóttir, Director of HR, will take over Jónína’s duties until further notice.
공시 • Jul 04PLAY Airlines Appoints Ruta Dabašinskaite-Vitke as Chief Financial Officer, Effective from AugustPLAY airlines has appointed Ruta Dabašinskaite-Vitke as its new Chief Financial Officer. With 15 years of experience in finance and 10 years in general management, Ruta will join the company in August. Ruta holds an MBA degree and has served as the CFO for Bluebird Nordic from 2021 to 2024. Prior to that, she was the CEO of TD Baltic UAB.
공시 • Jun 02Fly Play hf. Announces CFO ChangesFly Play hf. announced appointment Einar Örn Ólafsson, CEO of PLAY as interim CFO. The measure is temporary until a new CFO has been appointed. At the same time, Ólafur Þór Jóhannesson, the outgoing CFO, will step down as of May 31, 2024, having resigned at his own request last month.
분석 기사 • May 30Positive Sentiment Still Eludes Fly Play hf. (ICE:PLAY) Following 26% Share Price SlumpThe Fly Play hf. ( ICE:PLAY ) share price has fared very poorly over the last month, falling by a substantial 26%. The...
New Risk • May 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 120% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (120% increase in shares outstanding). Minor Risk Market cap is less than US$100m (Kr7.91b market cap, or US$56.5m).
공시 • May 03PLAY airlines Appoints Arnar Már Magnússon as Deputy CEOArnar Már Magnússon has been appointed as the Deputy CEO of PLAY airlines. Arnar Már has served as the Chief Operations Officer of PLAY and will retain that position alongside his new role.
공시 • Apr 26Fly Play hf. has filed a Follow-on Equity Offering.Fly Play hf. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 1,023,155,559 Transaction Features: Subsequent Direct Listing
Reported Earnings • Apr 25First quarter 2024 earnings releasedFirst quarter 2024 results: US$0.025 loss per share. Revenue: US$54.5m (up 67% from 1Q 2023). Net loss: US$21.7m (loss widened 26% from 1Q 2023).
공시 • Apr 16Sigurður Örn Joins Fly Play hf. as Chief of Business DevelopmentFly Play hf. announced that Sigurður Örn has joined PLAY Airlines as Chief of Business Development. This is a new position within the company where Sigurður will oversee the expansion of the company’s business ventures across all departments. Sigurður Örn holds an MBA degree from the Katz Graduate School of Business at the University of Pittsburgh and has an extensive background in aviation. Sigurður previously served as CEO and chairman of Bluebird Nordic and was board member of Avion Express. He also played a key role in negotiating major acquisitions for Avia Solutions Group (AGS), including Avion Express, SmartLynx, and Bluebird Nordic.
공시 • Apr 12Fly Play hf. has completed a Follow-on Equity Offering in the amount of ISK 500.000004 million.Fly Play hf. has completed a Follow-on Equity Offering in the amount of ISK 500.000004 million. Security Name: Shares Security Type: Common Stock Securities Offered: 111,111,112 Price\Range: ISK 4.5
New Risk • Feb 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Icelandic stocks, typically moving 7.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.1% average weekly change). Minor Risk Market cap is less than US$100m (Kr4.69b market cap, or US$34.1m).
분석 기사 • Feb 07Fly Play hf. (ICE:PLAY) Investors Are Less Pessimistic Than ExpectedWith a median price-to-sales (or "P/S") ratio of close to 0.4x in the Airlines industry in Iceland, you could be...
공시 • Jan 12+ 3 more updatesFly Play hf. to Report Q4, 2024 Results on Feb 07, 2025Fly Play hf. announced that they will report Q4, 2024 results on Feb 07, 2025
Reported Earnings • Oct 27Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: US$0.80. Revenue: US$110.2m (up 84% from 3Q 2022). Net income: US$5.19m (up US$8.05m from 3Q 2022). Profit margin: 4.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue.
공시 • Sep 29Fly Play hf. Provides Earnings Guidance for the Third Quarter 2023 and Operating and Earnings Guidance for the Year 2023 and 2024Fly Play hf. provided earnings guidance for the third quarter 2023 and operating and earnings guidance for the year 2023 and 2024. The company estimate of the third quarter result shows that operating profit will be approximately USD 10 million compared to USD 1.3 million in the third quarter of 2022. The company expects to turn a profit of USD 4 million in the third quarter.The company expects to carry around 1.5 million passengers in 2023. The cost per seat kilometer excluding fuel (CASK Ex Fuel) is estimated at around USD 3.7 cents for the full fiscal year 2023.The company expects operating loss for the year 2023 will be around USD 10 million. Furthermore, the company expects revenue of approximately USD 280 million this year.The company plans to carry around 1.8 million passengers in 2024. CASK Ex Fuel is estimated to increase in line with inflation, which includes a 1% increase in cost in 2024 due to recently announced changes to Pilot’s Collective Bargaining Agreements. Estimated revenue for 2024 will be around USD 340 million. The company plans to post an operating profit in 2024.
공시 • Aug 10Fly Play Hf. Launches Ticket Sales to Frankfurt in Germany in JulyFly Play hf. launched ticket sales to Frankfurt in Germany in July. PLAY´s first flight to Frankfurt will be on December 14, 2023, operating four to five flights a week over the winter period. Frankfurt will have direct connectivity to PLAY’s destinations in North America and is PLAY´s fourth destination in Germany along with Berlin, Düsseldorf and Hamburg.
공시 • Jul 29Fly Play Hf. Provides Earnings Guidance for the Full Year 2023Fly Play hf. provided earnings guidance for the full year 2023. For the year, the company anticipated carrying 1.5 million to 1.7 million passengers while achieving a positive EBIT for the full year. The airline is projected to generate a total revenue of USD 280 to USD 310 million in 2023. The guidance is in line with the guidance published in the First Quarter results.
분석 기사 • Jun 23We're Not Worried About Fly Play hf's (ICE:PLAY) Cash BurnThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Reported Earnings • Apr 30First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: US$32.7m (up 55% from 1Q 2022). Net loss: US$17.2m (loss widened 35% from 1Q 2022).
분석 기사 • Feb 21We're Keeping An Eye On Fly Play hf's (ICE:PLAY) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although...
Reported Earnings • Feb 20Full year 2022 earnings releasedFull year 2022 results: Revenue: US$139.8m (up US$123.4m from FY 2021). Net loss: US$45.5m (loss widened 102% from FY 2021).
공시 • Feb 16+ 4 more updatesFly Play hf. to Report Q1, 2023 Results on Apr 27, 2023Fly Play hf. announced that they will report Q1, 2023 results on Apr 27, 2023
공시 • Feb 08Fly Play hf. Adds Four New Destinations to NetworkFly Play hf. announced four new destinations were added to the network on January 5, 2023: Danish cities Aarhus, Aalborg and Billund, as well as the great business and fashion city Düsseldorf in Germany. These destinations fit perfectly with PLAY's transatlantic routes to North America. The inaugural flights to these destinations are all in early June 2023. On January 10, 2023, PLAY launched ticket sales for daily flights to Toronto Hamilton Airport in Canada, with the first flight scheduled on June 22, 2023. This new route is PLAY's fifth destination in North America and will offer connections to 15 destinations in Europe. Ticket sales for the new route have exceeded all expectations and it is safe to say that the addition of Toronto to the network was the natural next step for PLAY.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: US$59.9m (up US$53.1m from 3Q 2021). Net loss: US$2.87m (loss narrowed 74% from 3Q 2021).
공시 • Nov 04Fly Play hf. Provides Earnings Guidance for the Year 2022 and 2023Fly Play hf. provided earnings guidance for the year 2022 and 2023. The company's guidance for 2022 has been updated and the company forecasts an annual turnover of approx. $140 million this year.The company expects the annual turnover for 2023 to be $310 million to $330 million and the company forecasts a positive operating profit (EBIT) for the full year.
공시 • Sep 08Fly Play hf. Launches Ticket Sales to Washington Dulles with Daily Operations Starting on April 26, 2023Fly Play hf. announced that in August 2022, It launched ticket sales to Washington Dulles (IAD) with daily operations starting on April 26, 2023. This new connection is the company’s fourth destination in the U.S., complementing its operations to Baltimore (BWI), Boston (BOS) and New York (SWF). The company will be the only low-cost carrier to connect Dulles International Airport to Europe.
Reported Earnings • Aug 23Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: US$32.5m (up US$32.5m from 2Q 2021). Net loss: US$14.3m (loss widened US$13.4m from 2Q 2021).
공시 • Aug 23+ 1 more updateFly Play hf. to Report Nine Months, 2022 Results on Nov 03, 2022Fly Play hf. announced that they will report nine months, 2022 results on Nov 03, 2022
Reported Earnings • May 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: US$9.64m (up US$9.62m from 1Q 2021). Net loss: US$11.2m (loss widened US$10.3m from 1Q 2021).
Reported Earnings • May 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: US$9.64m (up US$9.62m from 1Q 2021). Net loss: US$11.2m (loss widened US$10.3m from 1Q 2021).
분석 기사 • May 25We Think Fly Play hf (ICE:PLAY) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Feb 24Play Airlines Launches Its Ticket Sales to Orlando, Florida in the U.SPLAY airlines has launched its ticket sales to Orlando, Florida in the U.S. PLAY´s first flight to Orlando will be September 30. PLAY will operate flights to Orlando International Airport three times a week, Mondays, Wednesdays and Fridays, and from Orlando International Tuesdays, Thursdays and Saturdays. Orlando will be PLAY´s fourth destination in the U.S. The other three destinations are Boston, Baltimore/Washington DC and New York, all starting in Spring/Summer 2022. PLAY will be adding Airbus A321neo Long Range (LR) aircraft to its fleet, making it possible to operate flights to Orlando. PLAY uses the standard model of the Airbus A321neo, but the Airbus A321neo LR is the same aircraft with more fuel capacity and, therefore, capable of flying further than PLAY’s existing Airbus A321s. The city of Orlando, centrally located in the state of Florida, is a destination characterized by adventure, entertainment, fairytales and endless fun in a sunny setting of a modern and happening city. Orlando has more theme parks and attractions than any other destination in the world, including Walt Disney World, Universal Studios, and Legoland Florida. Florida has a tropical climate, an immense shoreline and incredibly diverse wildlife, making it the perfect destination for any outdoor activity and recreation. From Orlando International Airport, travelers can soon travel around Florida with the Brightline high-speed rail. The expansion of the Brightline rail is well underway, and the route from Orlando International to Miami is expected to open in early 2023.
공시 • Feb 08PLAY Launches New Low-Cost Route Between Europe and New YorkPLAY on February 1, launched ticket sales to New York. PLAY´s first flight to New York will be on June 9, and flights will be operated daily. PLAY will fly to New York Stewart International Airport and will be the first airline to operate international flights from the airport for a number of years. This will be a major benefit for the millions of people living in the area and the local tourism industry. This is PLAY´s third destination in the United States as flights to Baltimore/Washington, D.C. will begin in April, and to Boston in May. The cost of operating at New York Stewart Airport is significantly lower than other airports in New York, making it possible for PLAY to offer the lowest fares between New York and Europe. Because of less traffic at the airport, PLAY´s aircraft will spend less time in holding patterns and taxiing on the ground, saving fuel, operating expenses, and reducing carbon emissions. This aligns well with PLAY´s strategy of offering the lowest prices and comfortable and relaxed services in an environmentally-friendly manner. The reception after the launch was very good, and immediately saw a healthy flow of bookings coming from the U.S., Europe and Iceland.
