Surf Air Mobility Inc. (SRFM)

Surf Air Mobility Statistics

Total Valuation

SRFM has a market cap or net worth of $41.81 million. The enterprise value is $72.73 million.

Market Cap	41.81M
Enterprise Value	72.73M

Important Dates

The next estimated earnings date is Tuesday, November 12, 2024, after market close.

Earnings Date	Nov 12, 2024
Ex-Dividend Date	n/a

Share Statistics

SRFM has 12.83 million shares outstanding. The number of shares has increased by 409.07% in one year.

Shares Outstanding	12.83M
Shares Change (YoY)	+409.07%
Shares Change (QoQ)	+5.93%
Owned by Insiders (%)	11.69%
Owned by Institutions (%)	12.91%
Float	7.80M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.21
Forward PS	0.20
PB Ratio	n/a
P/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.65
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.08

Current Ratio	0.08
Quick Ratio	0.03
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-29.25

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	-177.90%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$134,205
Profits Per Employee	-$299,581
Employee Count	833
Asset Turnover	1.86
Inventory Turnover	n/a

Taxes

Income Tax	-3.39M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -58.14% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-58.14%
50-Day Moving Average	1.63
200-Day Moving Average	4.25
Relative Strength Index (RSI)	76.65
Average Volume (20 Days)	1,667,003

Short Selling Information

The latest short interest is 495,595, so 3.86% of the outstanding shares have been sold short.

Short Interest	495,595
Short Previous Month	446,309
Short % of Shares Out	3.86%
Short % of Float	6.35%
Short Ratio (days to cover)	3.08

Income Statement

In the last 12 months, SRFM had revenue of $111.79 million and -$249.55 million in losses. Loss per share was -$24.20.

Revenue	111.79M
Gross Profit	7.36M
Operating Income	-171.25M
Pretax Income	-270.44M
Net Income	-249.55M
EBITDA	-163.96M
EBIT	-171.25M
Loss Per Share	-$24.20

Balance Sheet

The company has $1.46 million in cash and $44.30 million in debt, giving a net cash position of -$42.84 million or -$3.34 per share.

Cash & Cash Equivalents	1.46M
Total Debt	44.30M
Net Cash	-42.84M
Net Cash Per Share	-$3.34
Equity (Book Value)	-128.09M
Book Value Per Share	-10.30
Working Capital	-170.97M

Cash Flow

In the last 12 months, operating cash flow was -$62.18 million and capital expenditures -$8.81 million, giving a free cash flow of -$70.99 million.

Operating Cash Flow	-62.18M
Capital Expenditures	-8.81M
Free Cash Flow	-70.99M
FCF Per Share	-$5.53

Margins

Gross margin is 6.58%, with operating and profit margins of -153.18% and -223.23%.

Gross Margin	6.58%
Operating Margin	-153.18%
Pretax Margin	-226.25%
Profit Margin	-223.23%
EBITDA Margin	-146.67%
EBIT Margin	-153.18%
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	-409.07%
Shareholder Yield	-409.07%
Earnings Yield	-835.01%
FCF Yield	-237.52%

Analyst Forecast

The average price target for SRFM is $2.50, which is -23.31% lower than the current price. The consensus rating is "Hold".

Price Target	$2.50
Price Target Difference	-23.31%
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

SRFM has an Altman Z-Score of -14.88 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-14.88
Piotroski F-Score	4