Company Analysis

Surf Air Mobility Inc. (SRFM)

NYSE: SRFM · Air Transportation, Nonscheduled · Hawthorne, CA · filing with the SEC since 2022
Grade4.0
◀ Past 4.1● Present 3.2▶ Future 4.7
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022
Report filedMar 12, 2026Mar 21, 2025Mar 29, 2024·
Revenue106,557119,42560,50520,274
Cost of revenue102,376109,93461,91824,824
Sales and marketing8,1777,51410,0285,214
General and administrative53,28529,851100,66936,824
Total costs and expenses183,431179,681257,27271,178
Operating income-76,874-60,256-196,767-50,904
Interest expense13,2058,6172,969596
Other income (expense), net-8,37912-3,708-1,102
Total non-operating income (expense)-34,062-14,939-57,233-23,458
Income before income taxes-110,936-75,195-254,000-74,362
Income tax expense-380-287-3,304·
Net income-110,556-74,908-250,696-74,362
Earnings per share, basic-3.15-5.80-44.46r-38.57b
Earnings per share, diluted-3.15-5.80-44.46r-38.57b
Weighted average shares, basic35,101,79212,910,3415,638,128r1,927,546b
Weighted average shares, diluted35,101,79212,910,3415,638,128r1,927,546b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-7 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton SRFM · research, not advice