Surf Air Mobility Inc
NYSE:SRFM
Income Statement
Earnings Waterfall
Surf Air Mobility Inc
Income Statement
Surf Air Mobility Inc
| Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Interest Expense |
1
|
2
|
3
|
4
|
6
|
7
|
9
|
11
|
13
|
14
|
|
| Revenue |
12
N/A
|
34
+188%
|
61
+80%
|
86
+42%
|
112
+31%
|
118
+6%
|
119
+1%
|
112
-6%
|
107
-4%
|
108
+1%
|
|
| Gross Profit | |||||||||||
| Cost of Revenue |
(14)
|
(32)
|
(55)
|
(77)
|
(98)
|
(108)
|
(94)
|
(106)
|
(102)
|
(103)
|
|
| Gross Profit |
(2)
N/A
|
2
N/A
|
6
+162%
|
8
+47%
|
14
+67%
|
10
-24%
|
25
+143%
|
6
-76%
|
5
-21%
|
6
+13%
|
|
| Operating Income | |||||||||||
| Operating Expenses |
(23)
|
(90)
|
(142)
|
(228)
|
(185)
|
(187)
|
(86)
|
(51)
|
(40)
|
(48)
|
|
| Selling, General & Administrative |
(21)
|
(84)
|
(118)
|
(135)
|
(146)
|
(85)
|
(53)
|
(22)
|
(14)
|
(26)
|
|
| Research & Development |
(2)
|
(5)
|
(21)
|
(27)
|
(32)
|
(35)
|
(24)
|
(20)
|
(17)
|
(13)
|
|
| Depreciation & Amortization |
(1)
|
(2)
|
(4)
|
(5)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
(60)
|
0
|
(60)
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(25)
N/A
|
(88)
-250%
|
(137)
-55%
|
(220)
-61%
|
(171)
+22%
|
(177)
-3%
|
(60)
+66%
|
(44)
+26%
|
(35)
+21%
|
(43)
-22%
|
|
| Pre-Tax Income | |||||||||||
| Interest Income Expense |
(39)
|
(51)
|
(53)
|
(47)
|
(18)
|
(10)
|
(20)
|
(17)
|
(26)
|
(33)
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
(60)
|
0
|
(60)
|
0
|
5
|
5
|
5
|
5
|
|
| Total Other Income |
(0)
|
(4)
|
(4)
|
(4)
|
(3)
|
(0)
|
0
|
(1)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
(65)
N/A
|
(143)
-120%
|
(254)
-77%
|
(270)
-6%
|
(253)
+6%
|
(187)
+26%
|
(75)
+60%
|
(57)
+25%
|
(58)
-2%
|
(73)
-26%
|
|
| Net Income | |||||||||||
| Tax Provision |
0
|
4
|
3
|
3
|
3
|
(0)
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(65)
|
(140)
|
(251)
|
(267)
|
(250)
|
(187)
|
(75)
|
(56)
|
(57)
|
(72)
|
|
| Net Income (Common) |
(65)
N/A
|
(140)
-115%
|
(251)
-79%
|
(267)
-7%
|
(250)
+7%
|
(187)
+25%
|
(75)
+60%
|
(56)
+25%
|
(57)
-2%
|
(72)
-26%
|
|
| EPS (Diluted) |
-1.46
N/A
|
-17.87
-1 124%
|
-44.46
-149%
|
-24.18
+46%
|
-21.33
+12%
|
-14.42
+32%
|
-5.8
+60%
|
-3.33
+43%
|
-2.74
+18%
|
-1.7
+38%
|
|