Surf Air Mobility Inc. (SRFM)

Surf Air Mobility Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-187.17	-250.7	-74.36	-35.78	-23.44
Depreciation & Amortization	8.05	3.76	1.03	1.05	2.83
Other Amortization	0.19	0.1	0.05	-	-
Loss (Gain) From Sale of Assets	-0.19	-	-	0.12	-
Asset Writedown & Restructuring Costs	60.05	60.05	-	-	-
Stock-Based Compensation	27.51	48.25	12.45	3.19	6.19
Other Operating Activities	8.45	49.38	21.76	-0.61	0.95
Change in Accounts Receivable	-0.06	-0.26	-0.15	0.29	0.14
Change in Accounts Payable	14.74	2.66	1.34	2.95	2.82
Change in Unearned Revenue	-3.06	2.88	3.95	2.08	-0.34
Change in Other Net Operating Assets	21.45	19.51	5.9	2.79	2.12
Operating Cash Flow	-50.04	-64.37	-28.04	-23.93	-8.73
Capital Expenditures	1.39	-7.59	-0.1	-0.14	-0.18
Cash Acquisitions	-	-	-	-	0.6
Divestitures	-	0.68	-	-	-
Sale (Purchase) of Intangibles	-1.83	-0.19	-0.2	-0.12	-0.12
Investing Cash Flow	-0.44	-7.1	-0.3	-0.26	0.3
Long-Term Debt Issued	-	34.22	26.21	3.5	1.02
Short-Term Debt Repaid	-	-	-	-	-0.2
Long-Term Debt Repaid	-	-1.65	-0.01	-	-
Total Debt Repaid	-3.35	-1.65	-0.01	-	-0.2
Net Debt Issued (Repaid)	35.18	32.57	26.2	3.5	0.82
Issuance of Common Stock	-	25.32	0.07	0	-
Repurchase of Common Stock	-3.17	-1.27	-	-	-
Other Financing Activities	12.77	13.38	-	-	-
Financing Cash Flow	44.78	72.99	27.67	18.25	14.18
Net Cash Flow	-5.7	1.52	-0.66	-5.94	5.75
Free Cash Flow	-48.65	-71.96	-28.14	-24.07	-8.91
Free Cash Flow Margin	-41.15%	-118.93%	-138.78%	-203.99%	-118.81%
Free Cash Flow Per Share	-4.20	-12.76	-14.60	-0.88	-0.60
Levered Free Cash Flow	0.96	26.74	-17.67	-9.46	-
Unlevered Free Cash Flow	5.15	28.5	-17.34	-8.12	-
Change in Net Working Capital	-43.08	-69.72	-1.3	-8.74	-

Source: S&P Capital IQ. Standard template. Financial Sources.