NYSE$SRFM

Surf Air Mobility Inc · Q3 2024 earnings

Q3 2024 earnings ·

Briefing

SRFM Q3 2024 — $6.4M revenue, 12.00 EPS

All statements other than statements of historical facts contained in this Quarterly Report on Form 10-Q are forward-looking statements, including statements regarding the Company’s future results of . Surf Air Mobility Inc reported Q3 2024 results. Diluted EPS came in at $12.00. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $6.4M.
  • Diluted EPS: $12.00.
  • Operating income: $9K.

Headline financials

Total Revenue

$28.4M

Previous: $22M+29.2%
EPS

-$0.94

Previous: -$1.36+30.9%
Capital Expenditures

-$2.67M

Previous: -$11.7M+77.1%
Free Cash Flow

-$14.9M

Previous: -$86.3M+82.7%
Net Income

-$12.2M

Previous: -$74.6M+83.6%
Operating Income

-$8.64M

Previous: -$63M+86.3%
Gross Profit

-$27.5M

Previous: -$20.6M-33.4%
Cash & Equivalents

$506K

Previous: $5.92M-91.4%
Total Assets

$97.9M

Previous: $185M-47.2%

Revenue & EPS history

Surf Air Mobility Inc · Revenue · Quarterly

$28.4M

Q3 2024+29.2%vs Q3 2023
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-4.0%

Avg return

Earnings day

-8.4%

Avg return

5 days after

-4.4%

Avg return

30 days after

38%

3 / 8 earnings

Positive

+4.7%

Q1 2025

Best reaction

-13.6%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-8.8%-12.4%-19.0%
Q3 2025-8.5%-19.0%-28.6%
Q1 2025+4.7%-4.7%-18.6%
Q3 2024-6.0%+19.7%+118.6%
Q2 2024+3.7%-21.0%-39.4%
Q1 2024-13.6%-18.2%-39.7%
Q3 2023-4.6%-32.3%-23.9%
Q2 2023+0.7%+20.6%+15.6%

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