Jet.AI Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	14.19	12.21	21.86	1.11
Revenue Growth (YoY)	-38.33%	-44.13%	1865.73%	-
Cost of Revenue	14.42	12.39	19.8	1.38
Gross Profit	-0.23	-0.18	2.06	-0.27
Selling, General & Admin	12.56	12.17	9.66	15.58
Research & Development	0.16	0.16	0.14	0.12
Operating Expenses	12.71	12.33	9.79	15.7
Operating Income	-12.94	-12.51	-7.74	-15.97
Interest Expense / Income	0.18	0.1	0	0
Other Expense / Income	-0	-0	-0	-0.21
Pretax Income	-13.12	-12.61	-7.74	-15.77
Income Tax	0	0	0	0
Net Income	-13.13	-12.62	-7.74	-15.77
Preferred Dividends	0.08	0.05	0	0
Net Income Common	-13.2	-12.66	-7.74	-15.77
Shares Outstanding (Basic)	11	6	4	119
Shares Outstanding (Diluted)	11	6	4	119
Shares Change	193.18%	43.48%	-96.28%	-
EPS (Basic)	-1.14	-2.00	-1.75	-0.13
EPS (Diluted)	-1.14	-2.00	-1.75	-0.13
Free Cash Flow	-5.11	-3.79	1	-2.62
Free Cash Flow Per Share	-0.45	-0.60	0.23	-0.02
Gross Margin	-1.61%	-1.46%	9.42%	-24.36%
Operating Margin	-91.21%	-102.42%	-35.38%	-1436.13%
Profit Margin	-93.05%	-103.67%	-35.39%	-1417.49%
Free Cash Flow Margin	-36.03%	-31.01%	4.56%	-235.66%
EBITDA	-12.29	-11.87	-7.11	-15.63
EBITDA Margin	-86.64%	-97.15%	-32.51%	-1405.48%
Depreciation & Amortization	0.65	0.64	0.63	0.13
EBIT	-12.94	-12.51	-7.74	-15.77
EBIT Margin	-91.21%	-102.42%	-35.38%	-1417.49%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).