Surf Air Mobility Inc. (SRFM)

Surf Air Mobility Statistics

Total Valuation

SRFM has a market cap or net worth of $51.33 million. The enterprise value is $144.79 million.

Market Cap	51.33M
Enterprise Value	144.79M

Important Dates

The last earnings date was Thursday, November 14, 2024, after market close.

Earnings Date	Nov 14, 2024
Ex-Dividend Date	n/a

Share Statistics

SRFM has 15.51 million shares outstanding. The number of shares has increased by 231.60% in one year.

Current Share Class	15.51M
Shares Outstanding	15.51M
Shares Change (YoY)	+231.60%
Shares Change (QoQ)	+10.87%
Owned by Insiders (%)	9.67%
Owned by Institutions (%)	12.81%
Float	10.04M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.32
Forward PS	0.32
PB Ratio	n/a
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.22
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.11

Current Ratio	0.11
Quick Ratio	0.04
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-16.68

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-51.55%
Return on Capital (ROIC)	-304.52%
Revenue Per Employee	$141,911
Profits Per Employee	-$224,690
Employee Count	833
Asset Turnover	0.83
Inventory Turnover	n/a

Taxes

In the past 12 months, SRFM has paid $172,000 in taxes.

Income Tax	172,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -53.64% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-53.64%
50-Day Moving Average	2.64
200-Day Moving Average	2.83
Relative Strength Index (RSI)	50.75
Average Volume (20 Days)	607,110

Short Selling Information

The latest short interest is 641,577, so 4.14% of the outstanding shares have been sold short.

Short Interest	641,577
Short Previous Month	495,595
Short % of Shares Out	4.14%
Short % of Float	6.39%
Short Ratio (days to cover)	0.35

Income Statement

In the last 12 months, SRFM had revenue of $118.21 million and -$187.17 million in losses. Loss per share was -$16.14.

Revenue	118.21M
Gross Profit	6.89M
Operating Income	-116.86M
Pretax Income	-270.44M
Net Income	-187.17M
EBITDA	-108.81M
EBIT	-116.86M
Loss Per Share	-$16.14

Balance Sheet

The company has $506,000 in cash and $93.97 million in debt, giving a net cash position of -$93.46 million or -$6.03 per share.

Cash & Cash Equivalents	506,000
Total Debt	93.97M
Net Cash	-93.46M
Net Cash Per Share	-$6.03
Equity (Book Value)	-135.61M
Book Value Per Share	-10.05
Working Capital	-118.93M

Cash Flow

In the last 12 months, operating cash flow was -$50.04 million and capital expenditures $1.39 million, giving a free cash flow of -$48.65 million.

Operating Cash Flow	-50.04M
Capital Expenditures	1.39M
Free Cash Flow	-48.65M
FCF Per Share	-$3.14

Margins

Gross margin is 5.83%, with operating and profit margins of -98.86% and -158.33%.

Gross Margin	5.83%
Operating Margin	-98.86%
Pretax Margin	-158.19%
Profit Margin	-158.33%
EBITDA Margin	-92.05%
EBIT Margin	-98.86%
FCF Margin	n/a

Dividends & Yields

SRFM does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-231.60%
Shareholder Yield	-231.60%
Earnings Yield	-364.62%
FCF Yield	-94.77%

Analyst Forecast

The average price target for SRFM is $3.40, which is 2.72% higher than the current price. The consensus rating is "Hold".

Price Target	$3.40
Price Target Difference	2.72%
Analyst Consensus	Hold
Analyst Count	2
Revenue Growth Forecast (5Y)	50.02%
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on August 19, 2024. It was a reverse split with a ratio of 0.142857143:1.

Last Split Date	Aug 19, 2024
Split Type	Reverse
Split Ratio	0.142857143:1

Scores

SRFM has an Altman Z-Score of -13.75 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-13.75
Piotroski F-Score	3