SRFM: Surf Air Mobility Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Surf Air Mobility Inc (SRFM).
$83.59M Market Cap.
SRFM Market Cap. (MRY)
SRFM Shares Outstanding (MRY)
SRFM Assets (MRY)
Total Assets
$124.06M
Total Liabilities
$244.06M
Total Investments
$0
SRFM Income (MRY)
Revenue
$119.42M
Net Income
-$74.91M
Operating Expense
$69.75M
SRFM Cash Flow (MRY)
CF Operations
-$54.32M
CF Investing
-$3.61M
CF Financing
$77.17M
SRFM Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $124,058,000 (11.78%) | $110,989,000 (710.32%) | $13,697,000 (-52.41%) | $28,779,000 |
Assets Current | $33,875,000 (91.00%) | $17,736,000 (123.88%) | $7,922,000 (-30.47%) | $11,393,000 |
Assets Non-Current | $90,183,000 (-3.29%) | $93,253,000 (1514.77%) | $5,775,000 (-66.78%) | $17,386,000 |
Goodwill & Intangible Assets | $23,118,000 (-13.30%) | $26,663,000 (1973.33%) | $1,286,000 (0%) | $0 |
Shareholders Equity | -$119,997,000 (-54.86%) | -$77,485,000 (65.11%) | -$222,089,000 (-9510.55%) | $2,360,000 |
Property Plant & Equipment Net | $60,374,000 (0.37%) | $60,152,000 (3304.19%) | $1,767,000 (-87.64%) | $14,295,000 |
Cash & Equivalents | $21,675,000 (791.61%) | $2,431,000 (166.56%) | $912,000 (-84.03%) | $5,710,000 |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Deferred Revenue | $17,393,000 (-8.51%) | $19,011,000 (143.11%) | $7,820,000 (73.28%) | $4,513,000 |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Trade & Non-Trade Receivables | $4,257,000 (-14.26%) | $4,965,000 (2983.85%) | $161,000 (-94.93%) | $3,174,000 |
Trade & Non-Trade Payables | $70,237,000 (52.83%) | $45,958,000 (157.64%) | $17,838,000 (139.15%) | $7,459,000 |
Accumulated Retained Earnings (Deficit) | -$677,443,000 (-12.43%) | -$602,535,000 (-71.25%) | -$351,839,000 (-5660.30%) | -$6,108,000 |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Debt | $86,659,000 (94.75%) | $44,497,000 (-19.04%) | $54,959,000 (805.72%) | $6,068,000 |
Debt Current | $6,941,000 (-59.73%) | $17,236,000 (1.39%) | $17,000,000 (2615.65%) | $626,000 |
Debt Non-Current | $79,718,000 (192.43%) | $27,261,000 (-28.18%) | $37,959,000 (597.52%) | $5,442,000 |
Total Liabilities | $244,055,000 (29.49%) | $188,474,000 (79.30%) | $105,119,000 (361.15%) | $22,795,000 |
Liabilities Current | $89,610,000 (-36.04%) | $140,114,000 (144.11%) | $57,398,000 (381.65%) | $11,917,000 |
Liabilities Non-Current | $154,445,000 (219.37%) | $48,360,000 (1.34%) | $47,721,000 (338.69%) | $10,878,000 |
SRFM Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $119,425,000 (97.38%) | $60,505,000 (198.44%) | $20,274,000 (-64.85%) | $57,679,000 |
Cost of Revenue | $109,934,000 (77.55%) | $61,918,000 (149.43%) | $24,824,000 (14.20%) | $21,738,000 |
Selling General & Administrative Expense | $37,365,000 (-66.25%) | $110,697,000 (163.33%) | $42,038,000 (98.27%) | $21,202,000 |
Research & Development Expense | $24,041,000 (15.30%) | $20,850,000 (533.93%) | $3,289,000 (0%) | $0 |
Operating Expenses | $69,747,000 (-64.30%) | $195,354,000 (321.44%) | $46,354,000 (91.70%) | $24,181,000 |
Interest Expense | $8,617,000 (190.23%) | $2,969,000 (398.15%) | $596,000 (-19.89%) | $744,000 |
Income Tax Expense | -$287,000 (91.31%) | -$3,304,000 (0%) | $0 (0%) | $440,000 |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Consolidated Income | -$74,908,000 (70.12%) | -$250,696,000 (-237.13%) | -$74,362,000 (-797.58%) | $10,660,000 |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income | -$74,908,000 (70.12%) | -$250,696,000 (-237.13%) | -$74,362,000 (-797.58%) | $10,660,000 |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income Common Stock | -$74,908,000 (70.12%) | -$250,696,000 (-237.13%) | -$74,362,000 (-797.58%) | $10,660,000 |
Weighted Average Shares | $12,910,341 (128.98%) | $5,638,128 (192.50%) | $1,927,546 (-92.99%) | $27,481,814 |
Weighted Average Shares Diluted | $12,910,341 (128.98%) | $5,638,128 (192.50%) | $1,927,546 (-92.99%) | $27,481,814 |
Earning Before Interest & Taxes (EBIT) | -$66,578,000 (73.48%) | -$251,031,000 (-240.31%) | -$73,766,000 (-722.81%) | $11,844,000 |
Gross Profit | $9,491,000 (771.69%) | -$1,413,000 (68.95%) | -$4,550,000 (-112.66%) | $35,941,000 |
Operating Income | -$60,256,000 (69.38%) | -$196,767,000 (-286.55%) | -$50,904,000 (-532.86%) | $11,760,000 |
SRFM Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$3,609,000 (49.17%) | -$7,100,000 (-2282.55%) | -$298,000 (95.24%) | -$6,267,000 |
Net Cash Flow from Financing | $77,175,000 (5.73%) | $72,990,000 (163.76%) | $27,673,000 (2568.60%) | -$1,121,000 |
Net Cash Flow from Operations | -$54,322,000 (15.61%) | -$64,371,000 (-129.59%) | -$28,037,000 (-354.30%) | $11,025,000 |
Net Cash Flow / Change in Cash & Cash Equivalents | $19,244,000 (1166.89%) | $1,519,000 (329.46%) | -$662,000 (-118.20%) | $3,637,000 |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $678,000 (0%) | $0 (0%) | $0 |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Capital Expenditure | -$3,609,000 (53.60%) | -$7,778,000 (-2510.07%) | -$298,000 (95.24%) | -$6,267,000 |
Issuance (Repayment) of Debt Securities | $73,261,000 (124.94%) | $32,569,000 (24.30%) | $26,201,000 (2437.29%) | -$1,121,000 |
Issuance (Purchase) of Equity Shares | $3,914,000 (-89.54%) | $37,421,000 (51873.61%) | $72,000 (0%) | $0 |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Share Based Compensation | -$5,976,000 (-112.38%) | $48,252,000 (287.50%) | $12,452,000 (5560.00%) | $220,000 |
Depreciation Amortization & Accretion | $14,031,000 (137.45%) | $5,909,000 (475.37%) | $1,027,000 (-35.97%) | $1,604,000 |
SRFM Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 7.90% (443.48%) | -2.30% (89.73%) | -22.40% (-135.96%) | 62.30% |
Profit Margin | -62.70% (84.87%) | -414.30% (-12.95%) | -366.80% (-2082.70%) | 18.50% |
EBITDA Margin | -44.00% (89.14%) | -405.10% (-12.90%) | -358.80% (-1639.91%) | 23.30% |
Return on Average Equity (ROAE) | 61.10% (-65.26%) | 175.90% (159.82%) | 67.70% | - |
Return on Average Assets (ROAA) | -68.70% (77.76%) | -308.90% (11.77%) | -350.10% | - |
Return on Sales (ROS) | -55.70% (86.58%) | -414.90% (-14.05%) | -363.80% (-1874.63%) | 20.50% |
Return on Invested Capital (ROIC) | 499.60% (-92.83%) | 6972.60% (1342.00%) | -561.40% | - |
Dividend Yield | 0% (0%) | 0% | - | - |
Price to Earnings Ratio (P/E) | -0.93 (-280.74%) | -0.24 | - | - |
Price to Sales Ratio (P/S) | 0.58 (-42.33%) | 1.01 | - | - |
Price to Book Ratio (P/B) | -0.7 (52.68%) | -1.47 | - | - |
Debt to Equity Ratio (D/E) | -2.03 (16.37%) | -2.43 (-414.16%) | -0.47 (-104.90%) | 9.66 |
Earnings Per Share (EPS) | -5.8 (86.95%) | -44.46 (-15.27%) | -38.57 (-2800.00%) | -1.33 |
Sales Per Share (SPS) | 9.25 (-13.80%) | 10.73 (2.03%) | 10.52 (401.10%) | 2.1 |
Free Cash Flow Per Share (FCFPS) | -4.49 (64.94%) | -12.8 (12.95%) | -14.7 (-8597.11%) | 0.17 |
Book Value Per Share (BVPS) | -9.29 (32.37%) | -13.74 (88.07%) | -115.22 (-134075.58%) | 0.09 |
Tangible Assets Book Value Per Share (TABVPS) | 7.82 (-47.72%) | 14.96 (132.27%) | 6.44 (515.00%) | 1.05 |
Enterprise Value Over EBIT (EV/EBIT) | -2 (-100.00%) | -1 | - | - |
Enterprise Value Over EBITDA (EV/EBITDA) | -2.31 (-268.53%) | -0.63 | - | - |
Asset Turnover | 1.09 (46.78%) | 0.75 (-21.88%) | 0.95 | - |
Current Ratio | 0.38 (197.64%) | 0.13 (-7.97%) | 0.14 (-85.56%) | 0.96 |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Free Cash Flow (FCF) | -$57,931,000 (19.71%) | -$72,149,000 (-154.63%) | -$28,335,000 (-695.52%) | $4,758,000 |
Enterprise Value (EV) | $121,249,227 (-20.96%) | $153,402,793 | - | - |
Earnings Before Tax (EBT) | -$75,195,000 (70.40%) | -$254,000,000 (-241.57%) | -$74,362,000 (-769.93%) | $11,100,000 |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$52,547,000 (78.56%) | -$245,122,000 (-236.99%) | -$72,739,000 (-640.89%) | $13,448,000 |
Invested Capital | $76,314,000 (656.14%) | -$13,722,000 (-251.46%) | $9,060,000 (-47.39%) | $17,220,000 |
Working Capital | -$55,735,000 (54.46%) | -$122,378,000 (-147.35%) | -$49,476,000 (-9341.98%) | -$524,000 |
Tangible Asset Value | $100,940,000 (19.70%) | $84,326,000 (579.45%) | $12,411,000 (-56.87%) | $28,779,000 |
Market Capitalization | $83,590,227 (-26.75%) | $114,121,793 | - | - |
Average Equity | -$122,499,500 (14.04%) | -$142,509,750 (-29.71%) | -$109,864,500 | - |
Average Assets | $109,067,500 (34.41%) | $81,147,000 (282.08%) | $21,238,000 | - |
Invested Capital Average | -$13,325,500 (-270.13%) | -$3,600,250 (-127.40%) | $13,140,000 | - |
Shares | 15,508,391 (47.44%) | 10,518,138 (49.90%) | 7,016,655 | - |