flyExclusive Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	347.75	327.27	315.36	320.04	208.28	121.04
Revenue Growth (YoY)	17.09%	3.78%	-1.46%	53.66%	72.07%	-
Cost of Revenue	297.66	290.21	264.18	255.44	159.24	85.81
Gross Profit	50.09	37.06	51.19	64.6	49.04	35.23
Selling, General & Admin	85.95	91.34	75.43	53.79	34.39	19.86
Operating Expenses	110.51	117.05	102.41	76.91	51.74	35.97
Operating Income	-60.42	-79.98	-51.23	-12.31	-2.7	-0.74
Interest Expense	-20.68	-21.18	-22.22	-8.29	-4.22	-5.34
Interest & Investment Income	2.81	4.31	4.63	0.78	-	-
Other Non Operating Income (Expenses)	3.16	-1.75	-14.77	0.59	0.3	0.14
EBT Excluding Unusual Items	-75.13	-98.6	-83.59	-19.23	-6.63	-5.94
Gain (Loss) on Sale of Investments	-0.31	-0.06	-0.24	-0.4	0.01	-
Gain (Loss) on Sale of Assets	-0.19	-2.8	13.91	15.48	-2.3	-3.17
Other Unusual Items	-4.16	-	15.18	-	11.15	12.43
Pretax Income	-79.79	-101.45	-54.74	-4.15	2.24	3.32
Income Tax Expense	0.04	0.04	-	-	-	-
Earnings From Continuing Operations	-79.83	-101.5	-54.74	-4.15	2.24	3.32
Minority Interest in Earnings	59.53	80.42	7.9	10.2	5.84	3.72
Net Income	-20.29	-21.07	-46.84	6.05	8.09	7.03
Preferred Dividends & Other Adjustments	7.57	4.49	-	-	-	-
Net Income to Common	-27.86	-25.57	-46.84	6.05	8.09	7.03
Net Income Growth	-	-	-	-25.20%	14.97%	-
Shares Outstanding (Basic)	28	24	17	-	-	-
Shares Outstanding (Diluted)	28	24	17	-	-	-
Shares Change (YoY)	56.02%	43.02%	-	-	-	-
EPS (Basic)	-1.00	-1.07	-2.81	-	-	-
EPS (Diluted)	-1.00	-1.07	-2.81	-	-	-
Free Cash Flow	-35.84	-92.1	-95.76	-121.44	-21.44	-17.98
Free Cash Flow Per Share	-1.28	-3.87	-5.75	-	-	-
Gross Margin	14.40%	11.32%	16.23%	20.18%	23.54%	29.10%
Operating Margin	-17.38%	-24.44%	-16.24%	-3.84%	-1.30%	-0.61%
Profit Margin	-8.01%	-7.81%	-14.85%	1.89%	3.88%	5.81%
Free Cash Flow Margin	-10.31%	-28.14%	-30.37%	-37.94%	-10.29%	-14.85%
EBITDA	-38.13	-56.14	-25.25	10.81	14.65	15.37
EBITDA Margin	-10.97%	-17.16%	-8.01%	3.38%	7.03%	12.70%
D&A For EBITDA	22.29	23.84	25.98	23.11	17.35	16.11
EBIT	-60.42	-79.98	-51.23	-12.31	-2.7	-0.74
EBIT Margin	-17.38%	-24.44%	-16.24%	-3.84%	-1.30%	-0.61%
Advertising Expenses	-	8.71	6.01	3.24	1.28	1.04

Updated Aug 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q