Surf Air Mobility Inc. (SRFM)

Surf Air Mobility Statistics

Total Valuation

SRFM has a market cap or net worth of $28.90 million. The enterprise value is $67.17 million.

Market Cap	28.90M
Enterprise Value	67.17M

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

Current Share Class	14.10M
Shares Outstanding	14.10M
Shares Change (YoY)	+231.60%
Shares Change (QoQ)	+10.87%
Owned by Insiders (%)	10.63%
Owned by Institutions (%)	14.21%
Float	9.08M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.20
Forward PS	0.17
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	0.57
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)	n/a
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 -66.72% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-66.72%
50-Day Moving Average	1.75
200-Day Moving Average	3.23
Relative Strength Index (RSI)	54.49
Average Volume (20 Days)	240,236

Short Selling Information

The latest short interest is 641,577, so 4.55% of the outstanding shares have been sold short.

Short Interest	641,577
Short Previous Month	495,595
Short % of Shares Out	4.55%
Short % of Float	7.07%
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 -$16.15.

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	-$16.15

Balance Sheet

The company has $506,000 in cash and $38.78 million in debt, giving a net cash position of -$38.28 million or -$2.72 per share.

Cash & Cash Equivalents	506,000
Total Debt	38.78M
Net Cash	-38.28M
Net Cash Per Share	-$2.72
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	-$3.45

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	-89.40%

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	-647.64%
FCF Yield	-168.33%

Analyst Forecast

The average price target for SRFM is $2.50, which is 21.95% higher than the current price. The consensus rating is "Hold".

Price Target	$2.50
Price Target Difference	21.95%
Analyst Consensus	Hold
Analyst Count	2
Revenue Growth Forecast (5Y)	50.73%
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

Altman Z-Score	n/a
Piotroski F-Score	3