FLYY Stock Overview

Engages in providing passenger air transportation services. More details

FLYY fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Has less than 1 year of cash runway

Earnings have declined by 33.7% per year over past 5 years

Negative shareholders equity

+ 1 more risk

Community vs My Fair Value

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Spirit Aviation Holdings, Inc. Competitors

Flewber Global

NYSEAM:FLAI

US$55.5m

Mesa Air Group

NasdaqCM:MESA

US$44.0m

Harbor Diversified

OTCPK:HRBR

US$29.8m

flyExclusive

NYSEAM:FLYX

US$238.0m

Price History & Performance

Summary of share price highs, lows and changes for Spirit Aviation Holdings
Historical stock prices
Current Share Price	US$7.19
52 Week High	US$13.00
52 Week Low	US$7.00
Beta	0
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-19.21%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	FLYY	US Airlines	US Market
7D	n/a	8.9%	2.2%
1Y	n/a	4.0%	8.2%

Return vs Industry: Insufficient data to determine how FLYY performed against the US Airlines industry.

Return vs Market: Insufficient data to determine how FLYY performed against the US Market.

Price Volatility

Is FLYY's price volatile compared to industry and market?
FLYY volatility
FLYY Average Weekly Movement	n/a
Airlines Industry Average Movement	10.9%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	4.1%

Stable Share Price: FLYY's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine FLYY's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1964	11,331	Dave Davis	www.spirit.com

Spirit Aviation Holdings, Inc. engages in providing passenger air transportation services. The company serves destinations throughout the United States, Latin America and the Caribbean with its all-Airbus Fit Fleet. The company was founded in 1964 and is based in Dania Beach, Florida.

Spirit Aviation Holdings, Inc. Fundamentals Summary

How do Spirit Aviation Holdings's earnings and revenue compare to its market cap?
FLYY fundamental statistics
Market cap	US$50.93m
Earnings (TTM)	-US$1.23b
Revenue (TTM)	US$4.91b

0.2x

P/S Ratio

-0.6x

P/E Ratio

Is FLYY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLYY income statement (TTM)
Revenue	US$4.91b
Cost of Revenue	US$4.49b
Gross Profit	US$420.96m
Other Expenses	US$1.65b
Earnings	-US$1.23b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-11.23
Gross Margin	8.57%
Net Profit Margin	-25.02%
Debt/Equity Ratio	-2,742.0%

How did FLYY perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/05 01:19
End of Day Share Price	2025/05/05 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spirit Aviation Holdings, Inc. is covered by 18 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Bob McAdoo	Avondale Partners
Garrett Chase	Barclays
Daniel McKenzie	Buckingham Research Group Inc.