Global Crossing Airlines Group Past Earnings Performance
Past criteria checks 0/6
Global Crossing Airlines Group's earnings have been declining at an average annual rate of -32.1%, while the Airlines industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 70.6% per year.
Key information
-32.1%
Earnings growth rate
-17.3%
EPS growth rate
Airlines Industry Growth
0.5%
Revenue growth rate
70.6%
Return on equity
n/a
Net Margin
-6.2%
Last Earnings Update
30 Sep 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Global Crossing Airlines Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NEOE:JET Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Sep 24
218
-14
19
0
30 Jun 24
208
-14
18
0
31 Mar 24
182
-21
16
0
31 Dec 23
160
-21
13
0
30 Sep 23
139
-23
11
0
30 Jun 23
127
-18
11
0
31 Mar 23
113
-17
10
0
31 Dec 22
97
-16
9
0
30 Sep 22
76
-16
7
0
30 Jun 22
48
-21
6
0
31 Mar 22
31
-19
4
0
31 Dec 21
14
-20
3
0
30 Sep 21
3
-17
0
0
30 Jun 21
0
-12
0
0
31 Mar 21
0
-8
0
0
31 Dec 20
0
-2
0
0
30 Sep 20
0
-1
1
0
30 Jun 20
0
-1
1
0
31 Mar 20
0
-1
0
0
31 Dec 19
0
0
0
0
Quality Earnings: JET is currently unprofitable.
Growing Profit Margin: JET is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JET is unprofitable, and losses have increased over the past 5 years at a rate of 32.1% per year.
Accelerating Growth: Unable to compare JET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JET is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (1.5%).
Return on Equity
High ROE: JET's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.