Surf Air Mobility Past Earnings Performance
Past criteria checks 0/6
Surf Air Mobility's earnings have been declining at an average annual rate of -59.5%, while the Airlines industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 86.2% per year.
Key information
-59.5%
Earnings growth rate
-51.2%
EPS growth rate
| Airlines Industry Growth | 0.09% |
| Revenue growth rate | 86.2% |
| Return on equity | n/a |
| Net Margin | -158.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Surf Air Mobility makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 118 | -187 | 81 | 35 |
| 30 Jun 24 | 112 | -250 | 139 | 32 |
| 31 Mar 24 | 86 | -267 | 128 | 27 |
| 31 Dec 23 | 61 | -251 | 111 | 21 |
| 30 Sep 23 | 40 | -164 | 96 | 6 |
| 30 Jun 23 | 23 | -110 | 43 | 3 |
| 31 Mar 23 | 21 | -84 | 42 | 3 |
| 31 Dec 22 | 20 | -74 | 42 | 3 |
| 30 Sep 22 | 19 | -60 | 34 | 3 |
| 30 Jun 22 | 18 | -48 | 33 | 3 |
| 31 Mar 22 | 15 | -38 | 29 | 3 |
| 31 Dec 21 | 12 | -36 | 27 | 3 |
| 31 Dec 20 | 8 | -23 | 15 | 2 |
Quality Earnings: SRFM is currently unprofitable.
Growing Profit Margin: SRFM is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SRFM is unprofitable, and losses have increased over the past 5 years at a rate of 59.5% per year.
Accelerating Growth: Unable to compare SRFM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SRFM is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (10.5%).
Return on Equity
High ROE: SRFM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.