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Global Crossing Airlines Group NEOE:JET Stock Report

Last Price

CA$0.72

Market Cap

CA$40.6m

7D

-1.4%

1Y

-40.0%

Updated

24 Apr, 2024

Data

Company Financials

Global Crossing Airlines Group Inc.

NEOE:JET Stock Report

Market Cap: CA$40.6m

JET Stock Overview

Global Crossing Airlines Group Inc. operates in the airline business in the United States, Europe, Canada, and Central and South America.

JET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Global Crossing Airlines Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Global Crossing Airlines Group
Historical stock prices
Current Share PriceCA$0.72
52 Week HighCA$1.40
52 Week LowCA$0.62
Beta0.58
1 Month Change10.77%
3 Month Change10.77%
1 Year Change-40.00%
3 Year Change-68.42%
5 Year Changen/a
Change since IPO20.00%

Recent News & Updates

Recent updates

Shareholder Returns

JETCA AirlinesCA Market
7D-1.4%1.5%0.7%
1Y-40.0%12.7%5.5%

Return vs Industry: JET underperformed the Canadian Airlines industry which returned 15.2% over the past year.

Return vs Market: JET underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is JET's price volatile compared to industry and market?
JET volatility
JET Average Weekly Movement9.4%
Airlines Industry Average Movement6.9%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.0%

Stable Share Price: JET has not had significant price volatility in the past 3 months.

Volatility Over Time: JET's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a625n/awww.globalairlinesgroup.com

Global Crossing Airlines Group Inc. operates in the airline business in the United States, Europe, Canada, and Central and South America. The company operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. It offers aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and passenger aircraft charter services.

Global Crossing Airlines Group Inc. Fundamentals Summary

How do Global Crossing Airlines Group's earnings and revenue compare to its market cap?
JET fundamental statistics
Market capCA$40.62m
Earnings (TTM)-CA$28.79m
Revenue (TTM)CA$219.38m

0.2x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JET income statement (TTM)
RevenueUS$160.12m
Cost of RevenueUS$146.27m
Gross ProfitUS$13.85m
Other ExpensesUS$34.86m
Earnings-US$21.01m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)-0.35
Gross Margin8.65%
Net Profit Margin-13.12%
Debt/Equity Ratio-146.8%

How did JET perform over the long term?

See historical performance and comparison
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