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Global Crossing Airlines Group Inc. (JETMF) Financial Statements | Global Financial Data

Global Crossing Airlines Group Inc.

JETMFSEC EDGAR

Air Transportation, Scheduled(DE)CIK: 1846084

Concept	FY2025	FY2024	FY2023	FY2022
Revenue from Contract with Customer, Excluding Assessed Tax	$223.8M	$160.1M	$97.1M	$14.3M
Operating Expenses	$224.9M	$176.0M	$108.3M	$31.5M
Operating Income (Loss)	-$1.1M	-$15.9M	-$11.2M	-$17.2M
Interest Expense	—	—	$1.6M	$31.0K
Nonoperating Income (Expense)	-$10.3M	-$4.9M	-$4.6M	-$2.8M
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	—	—	—	-$20.0M
Income Tax Expense (Benefit)	$2.0K	$2.0K	$0.00	$0.00
Net Income (Loss) Attributable to Parent	-$11.5M	-$21.0M	-$15.8M	-$19.8M

Concept	FY2025	FY2024	FY2023	FY2022
Assets	$166.7M	$131.3M	$51.2M	$39.1M
Assets, Current	$23.4M	$30.6M	$11.7M	$9.7M
Cash and Cash Equivalents, at Carrying Value	$12.3M	$11.6M	$1.9M	$5.2M
Accounts Receivable, after Allowance for Credit Loss, Current	$6.7M	$10.2M	$2.7M	$745.6K
Liabilities	$196.2M	$151.2M	$58.4M	$34.8M
Liabilities, Current	$65.9M	$53.0M	$27.9M	$14.7M
Long-term Debt	—	—	—	$6.9M
Accounts Payable, Current	$12.6M	$7.5M	$5.0M	$2.1M
Stockholders' Equity Attributable to Parent

Concept	FY2025	FY2024	FY2023	FY2022
Net Cash Provided by (Used in) Operating Activities	$8.1M	-$1.4M	-$3.6M	-$10.8M
Net Cash Provided by (Used in) Investing Activities	-$10.0M	-$13.2M	-$5.2M	-$652.8K
Net Cash Provided by (Used in) Financing Activities	-$1.7M	$26.8M	$6.2M	$18.9M
Payments to Acquire Property, Plant, and Equipment	$7.2M	$4.0M	$1.9M	$652.8K
Payments of Dividends	$225.0K	—	—	—

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