Financial Snapshot

Revenue
$15.03M
TTM
Gross Margin
-4.71%
TTM
Net Earnings
-$12.54M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
17.95%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$5.028M
Q3 2024
Cash
Q3 2024
P/E
-0.2539
Nov 29, 2024 EST
Free Cash Flow
-$5.766M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $12.21M $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $12.21M $0.00 $0.00
Cost Of Revenue $12.39M $19.80M
Gross Profit -$178.5K $2.059M
Gross Profit Margin -1.46%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $12.17M $487.1K
YoY Change 2398.83%
% of Gross Profit 23.66%
Research & Development $160.9K $137.3K
YoY Change 17.18%
% of Gross Profit 6.67%
Depreciation & Amortization $135.3K $134.4K
YoY Change 0.65%
% of Gross Profit 6.53%
Operating Expenses $12.33M $487.1K $85.52K
YoY Change 2431.86% 469.54%
Operating Profit -$12.51M -$487.1K
YoY Change 2468.5%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $103.6K $7.663M $440.00
YoY Change -98.65% 1741502.27%
% of Operating Profit
Other Income/Expense, Net -$103.5K $3.00 -$3.457M
YoY Change -3450066.67% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$12.61M $7.176M -$3.542M
YoY Change -275.78% -302.6%
Income Tax $2.464K $2.400K
% Of Pretax Income 0.03%
Net Earnings -$12.62M $7.176M -$3.542M
YoY Change -275.81% -302.6%
Net Earnings / Revenue -103.29%
Basic Earnings Per Share -$2.00 $0.55
Diluted Earnings Per Share -$2.00 $0.55 -$244.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $2.101M $211.7K $614.4K
YoY Change 892.13% -65.54%
Cash & Equivalents $2.101M
Short-Term Investments
Other Short-Term Assets $990.1K $3.590K $80.00
YoY Change 27478.55% 4387.5%
Inventory
Prepaid Expenses
Receivables $96.54K $80.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.187M $215.3K $614.5K
YoY Change 1380.26% -64.96%
Property, Plant & Equipment $1.580M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $208.4K
YoY Change
Other Assets $689.8K $12.83M $116.7M
YoY Change -94.63% -89.0%
Total Long-Term Assets $2.552M $12.83M $116.7M
YoY Change -80.12% -89.0%
Total Assets $5.739M $13.05M $117.3M
YoY Change
Accounts Payable $1.657M
YoY Change
Accrued Expenses $2.927M $97.98K $18.00K
YoY Change 2887.5% 444.33%
Deferred Revenue
YoY Change
Short-Term Debt $588.0K $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.952M $101.8K $18.00K
YoY Change 6726.3% 465.78%
Long-Term Debt $1.702M $575.0K $0.00
YoY Change 196.0%
Other Long-Term Liabilities $1.021M $4.395M $11.09M
YoY Change -76.76% -60.39%
Total Long-Term Liabilities $2.723M $4.970M $11.09M
YoY Change -45.2% -55.2%
Total Liabilities $9.675M $5.072M $11.11M
YoY Change 90.77% -54.36%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 6.327M shares 13.13M shares
Diluted Shares Outstanding 6.327M shares 13.13M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.1826 Million

About Jet.AI Inc.

Jet.AI Inc is a US-based company operating in Passenger Airlines industry. The company is headquartered in Las Vegas, Nevada and currently employs 9 full-time employees. The company went IPO on 2021-08-12. Jet.AI Inc., through its subsidiaries, is principally involved in the sale of fractional and whole interests in aircraft; the sale of jet cards, and operation of a proprietary booking platform, which functions as a prospecting and quoting platform to arrange private jet travel with third party carriers as well as via the Company’s leased and managed aircraft; direct chartering of its HondaJet aircraft by Cirrus; aircraft brokerage and services. Its booking CharterGPT platform displays a variety of options across private aircraft types in addition to the pricing of its own aircraft, with a range of prices drawn from a list of thousands of aircraft for hire. Its Jet.AI Operator Platform provides and continues to develop a business to business (B2B) software platform for a suite of software as a service (SaaS) product termed Jet.AI Operator Platform which consists of Reroute AI, DynoFlight, and FlightClub-Cirrus Specific.

Industry: Air Transportation, Nonscheduled Peers: Wheels Up Experience Inc. DELTA AIR LINES, INC. HARBOR DIVERSIFIED, INC. MESA AIR GROUP INC