MESA: Mesa Air Group Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Mesa Air Group Inc (MESA).
$49.82M Market Cap.
MESA Market Cap. (MRY)
MESA Shares Outstanding (MRY)
MESA Assets (MRY)
Total Assets
$596.86M
Total Liabilities
$486.62M
Total Investments
$0
MESA Income (MRY)
Revenue
$476.41M
Net Income
-$91.02M
Operating Expense
$165.24M
MESA Cash Flow (MRY)
CF Operations
$34.24M
CF Investing
$148.79M
CF Financing
-$200.47M
MESA Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $596,858,000 (-33.57%) | $898,467,000 (-19.46%) | $1,115,602,000 (-23.41%) | $1,456,597,000 (-3.02%) |
Assets Current | $61,277,000 (-55.78%) | $138,586,000 (40.93%) | $98,334,000 (-37.91%) | $158,386,000 (1.80%) |
Assets Non-Current | $535,581,000 (-29.52%) | $759,881,000 (-25.30%) | $1,017,268,000 (-21.64%) | $1,298,211,000 (-3.57%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $3,842,000 (-43.43%) | $6,792,000 (-15.44%) |
Shareholders Equity | $110,242,000 (-44.89%) | $200,036,000 (-35.09%) | $308,174,000 (-36.86%) | $488,047,000 (6.59%) |
Property Plant & Equipment Net | $433,582,000 (-38.74%) | $707,731,000 (-22.09%) | $908,344,000 (-27.04%) | $1,244,991,000 (-6.79%) |
Cash & Equivalents | $18,630,000 (-48.35%) | $36,072,000 (-40.89%) | $61,025,000 (-50.73%) | $123,867,000 (20.45%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $12,659,000 (-50.67%) | $25,664,000 (-5.47%) | $27,149,000 (-29.36%) | $38,434,000 (30.45%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $28,272,000 (-3.33%) | $29,245,000 (9.47%) | $26,715,000 (9.19%) | $24,467,000 (6.51%) |
Trade & Non-Trade Receivables | $5,263,000 (-36.23%) | $8,253,000 (107.47%) | $3,978,000 (25.61%) | $3,167,000 (-76.90%) |
Trade & Non-Trade Payables | $72,096,000 (22.29%) | $58,957,000 (-0.72%) | $59,386,000 (-3.40%) | $61,476,000 (15.49%) |
Accumulated Retained Earnings (Deficit) | -$162,134,000 (-127.98%) | -$71,119,000 (-245.15%) | $48,997,000 (-78.85%) | $231,675,000 (7.71%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $8,173,000 (-2.86%) | $8,414,000 (-52.51%) | $17,719,000 (-74.67%) | $69,940,000 (8.81%) |
Total Debt | $318,815,000 (-40.95%) | $539,865,000 (-14.81%) | $633,700,000 (-11.75%) | $718,053,000 (-14.33%) |
Debt Current | $52,136,000 (-68.79%) | $167,060,000 (45.97%) | $114,451,000 (-20.72%) | $144,362,000 (-38.10%) |
Debt Non-Current | $266,679,000 (-28.47%) | $372,805,000 (-28.20%) | $519,249,000 (-9.49%) | $573,691,000 (-5.17%) |
Total Liabilities | $486,616,000 (-30.33%) | $698,431,000 (-13.50%) | $807,428,000 (-16.64%) | $968,550,000 (-7.23%) |
Liabilities Current | $174,458,000 (-34.88%) | $267,906,000 (24.91%) | $214,477,000 (-16.93%) | $258,192,000 (-26.93%) |
Liabilities Non-Current | $312,158,000 (-27.49%) | $430,525,000 (-27.39%) | $592,951,000 (-16.53%) | $710,358,000 (2.84%) |
MESA Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $476,409,000 (-4.35%) | $498,065,000 (-6.20%) | $531,001,000 (5.44%) | $503,591,000 (-7.61%) |
Cost of Revenue | $376,994,000 (-10.79%) | $422,596,000 (1.60%) | $415,957,000 (-0.76%) | $419,128,000 (2.18%) |
Selling General & Administrative Expense | $44,248,000 (-9.26%) | $48,765,000 (10.92%) | $43,966,000 (-11.81%) | $49,855,000 (-4.58%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $165,235,000 (3.39%) | $159,815,000 (-46.74%) | $300,046,000 (1310.85%) | $21,267,000 (-61.15%) |
Interest Expense | $38,455,000 (-22.97%) | $49,921,000 (41.46%) | $35,289,000 (1.61%) | $34,730,000 (-21.28%) |
Income Tax Expense | $519,000 (105.93%) | -$8,745,000 (83.18%) | -$51,990,000 (-992.07%) | $5,828,000 (-38.85%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$91,015,000 (24.23%) | -$120,116,000 (34.25%) | -$182,678,000 (-1201.27%) | $16,588,000 (-39.60%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$91,015,000 (24.23%) | -$120,116,000 (34.25%) | -$182,678,000 (-1201.27%) | $16,588,000 (-39.60%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$91,015,000 (24.23%) | -$120,116,000 (34.25%) | -$182,678,000 (-1201.27%) | $16,588,000 (-39.60%) |
Weighted Average Shares | $41,137,000 (4.24%) | $39,465,000 (9.22%) | $36,133,000 (1.18%) | $35,713,000 (1.35%) |
Weighted Average Shares Diluted | $41,137,000 (4.24%) | $39,465,000 (9.22%) | $36,133,000 (-6.98%) | $38,843,000 (10.01%) |
Earning Before Interest & Taxes (EBIT) | -$52,041,000 (34.08%) | -$78,940,000 (60.41%) | -$199,379,000 (-448.89%) | $57,146,000 (-29.55%) |
Gross Profit | $99,415,000 (31.73%) | $75,469,000 (-34.40%) | $115,044,000 (36.21%) | $84,463,000 (-37.39%) |
Operating Income | -$65,820,000 (21.96%) | -$84,346,000 (54.41%) | -$185,002,000 (-392.74%) | $63,196,000 (-21.17%) |
MESA Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | $148,788,000 (4.57%) | $142,285,000 (10323.81%) | $1,365,000 (104.08%) | -$33,471,000 (-25.51%) |
Net Cash Flow from Financing | -$200,474,000 (-40.05%) | -$143,147,000 (-84.54%) | -$77,569,000 (1.03%) | -$78,374,000 (33.39%) |
Net Cash Flow from Operations | $34,244,000 (242.14%) | -$24,091,000 (-280.29%) | $13,362,000 (-89.94%) | $132,871,000 (-23.93%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$17,442,000 (30.10%) | -$24,953,000 (60.29%) | -$62,842,000 (-398.88%) | $21,026,000 (-30.70%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $9,237,000 (0%) | $0 (0%) | -$200,000 (98.00%) | -$10,000,000 (0%) |
Capital Expenditure | $139,551,000 (-1.92%) | $142,285,000 (8991.69%) | $1,565,000 (106.67%) | -$23,471,000 (11.98%) |
Issuance (Repayment) of Debt Securities | -$200,366,000 (-40.05%) | -$143,068,000 (-84.57%) | -$77,513,000 (-0.20%) | -$77,359,000 (33.92%) |
Issuance (Purchase) of Equity Shares | $30,000 (-89.44%) | $284,000 (-28.82%) | $399,000 (-15.29%) | $471,000 (180.38%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $1,329,000 (-41.58%) | $2,275,000 (-17.60%) | $2,761,000 (-11.68%) | $3,126,000 (-29.18%) |
Depreciation Amortization & Accretion | $40,041,000 (-33.66%) | $60,359,000 (-25.95%) | $81,508,000 (-1.62%) | $82,847,000 (0.67%) |
MESA Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 20.90% (37.50%) | 15.20% (-29.95%) | 21.70% (29.17%) | 16.80% (-31.98%) |
Profit Margin | -19.10% (20.75%) | -24.10% (29.94%) | -34.40% (-1142.42%) | 3.30% (-34.00%) |
EBITDA Margin | -2.50% (32.43%) | -3.70% (83.33%) | -22.20% (-179.86%) | 27.80% (-7.33%) |
Return on Average Equity (ROAE) | -67.10% (-40.08%) | -47.90% (-7.40%) | -44.60% (-1411.76%) | 3.40% (-45.16%) |
Return on Average Assets (ROAA) | -13.30% (-12.71%) | -11.80% (15.71%) | -14.00% (-1372.73%) | 1.10% (-38.89%) |
Return on Sales (ROS) | -10.90% (31.01%) | -15.80% (57.87%) | -37.50% (-431.86%) | 11.30% (-24.16%) |
Return on Invested Capital (ROIC) | -6.10% (-5.17%) | -5.80% (51.67%) | -12.00% (-487.10%) | 3.10% (-22.50%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.55 (-93.64%) | -0.28 (13.19%) | -0.33 (-101.96%) | 16.65 (340.30%) |
Price to Sales Ratio (P/S) | 0.1 (52.94%) | 0.07 (-39.29%) | 0.11 (-79.37%) | 0.54 (184.29%) |
Price to Book Ratio (P/B) | 0.45 (158.29%) | 0.17 (-9.79%) | 0.19 (-65.54%) | 0.56 (146.93%) |
Debt to Equity Ratio (D/E) | 4.41 (26.40%) | 3.49 (33.28%) | 2.62 (31.99%) | 1.99 (-12.94%) |
Earnings Per Share (EPS) | -2.21 (27.30%) | -3.04 (39.92%) | -5.06 (-1200.00%) | 0.46 (-41.03%) |
Sales Per Share (SPS) | 11.58 (-8.23%) | 12.62 (-14.13%) | 14.7 (4.22%) | 14.1 (-8.84%) |
Free Cash Flow Per Share (FCFPS) | 4.22 (41.07%) | 3 (625.18%) | 0.41 (-86.52%) | 3.06 (-27.07%) |
Book Value Per Share (BVPS) | 2.68 (-47.13%) | 5.07 (-40.57%) | 8.53 (-37.59%) | 13.67 (5.17%) |
Tangible Assets Book Value Per Share (TABVPS) | 14.51 (-36.27%) | 22.77 (-26.01%) | 30.77 (-24.21%) | 40.6 (-4.25%) |
Enterprise Value Over EBIT (EV/EBIT) | -8 (-14.29%) | -7 (-133.33%) | -3 (-120.00%) | 15 (36.36%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -35.95 (-18.59%) | -30.31 (-428.90%) | -5.73 (-193.64%) | 6.12 (9.40%) |
Asset Turnover | 0.69 (42.13%) | 0.49 (20.15%) | 0.41 (22.22%) | 0.33 (-7.50%) |
Current Ratio | 0.35 (-32.11%) | 0.52 (12.88%) | 0.46 (-25.29%) | 0.61 (39.32%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $173,795,000 (47.04%) | $118,194,000 (691.81%) | $14,927,000 (-86.36%) | $109,400,000 (-26.08%) |
Enterprise Value (EV) | $431,361,384 (-23.41%) | $563,206,480 (-16.63%) | $675,537,082 (-21.15%) | $856,729,282 (-6.28%) |
Earnings Before Tax (EBT) | -$90,496,000 (29.77%) | -$128,861,000 (45.09%) | -$234,668,000 (-1146.88%) | $22,416,000 (-39.41%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$12,000,000 (35.42%) | -$18,581,000 (84.24%) | -$117,871,000 (-184.20%) | $139,993,000 (-14.33%) |
Invested Capital | $722,585,000 (-36.30%) | $1,134,354,000 (-22.83%) | $1,469,958,000 (-17.69%) | $1,785,799,000 (-4.80%) |
Working Capital | -$113,181,000 (12.48%) | -$129,320,000 (-11.35%) | -$116,143,000 (-16.37%) | -$99,806,000 (49.53%) |
Tangible Asset Value | $596,858,000 (-33.57%) | $898,467,000 (-19.19%) | $1,111,760,000 (-23.32%) | $1,449,805,000 (-2.95%) |
Market Capitalization | $49,818,384 (42.04%) | $35,073,480 (-41.43%) | $59,887,082 (-78.22%) | $274,925,282 (163.16%) |
Average Equity | $135,603,250 (-45.92%) | $250,730,500 (-38.78%) | $409,556,250 (-16.33%) | $489,463,750 (9.81%) |
Average Assets | $685,782,250 (-32.69%) | $1,018,835,000 (-21.98%) | $1,305,909,500 (-13.74%) | $1,514,004,500 (0.08%) |
Invested Capital Average | $856,515,500 (-36.54%) | $1,349,777,250 (-18.80%) | $1,662,331,750 (-10.05%) | $1,847,982,000 (-8.04%) |
Shares | 41,172,218 (0.84%) | 40,830,594 (12.50%) | 36,295,201 (1.13%) | 35,891,029 (1.35%) |