Surf Air Mobility Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021
Revenue	60.51	20.27	57.68
Revenue Growth (YoY)	198.44%	-64.85%	-
Cost of Revenue	61.92	24.82	21.74
Gross Profit	-1.41	-4.55	35.94
Selling, General & Admin	110.7	42.04	21.2
Research & Development	20.85	3.29	0
Other Operating Expenses	63.81	1.03	2.98
Operating Expenses	195.35	46.35	24.18
Operating Income	-196.77	-50.9	11.76
Interest Expense / Income	2.97	0.6	0.74
Other Expense / Income	54.26	22.86	-0.08
Pretax Income	-254	-74.36	11.1
Income Tax	-3.3	0	0.44
Net Income	-250.7	-74.36	10.66
Shares Outstanding (Basic)	39	13	192
Shares Outstanding (Diluted)	39	13	192
Shares Change	192.50%	-92.99%	-
EPS (Basic)	-6.35	-5.51	-0.19
EPS (Diluted)	-6.35	-5.51	-0.19
Free Cash Flow	-72.15	-28.34	4.76
Free Cash Flow Per Share	-1.83	-2.10	0.03
Gross Margin	-2.34%	-22.44%	62.31%
Operating Margin	-325.21%	-251.08%	20.39%
Profit Margin	-414.34%	-366.79%	18.48%
Free Cash Flow Margin	-119.24%	-139.76%	8.25%
Effective Tax Rate	-	-	3.96%
EBITDA	-245.12	-72.74	13.45
EBITDA Margin	-405.13%	-358.78%	23.32%
Depreciation & Amortization	5.91	1.03	1.6
EBIT	-251.03	-73.77	11.84
EBIT Margin	-414.89%	-363.85%	20.53%

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).