Saker Aviation Services, Inc. - Understand $skas stock

$SKAS Market Cap: $8.039 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$8.986M

TTM

Gross Margin

55.9%

TTM

Net Earnings

$1.419M

TTM

Current Assets

$9.894M

Q3 2024

Current Liabilities

$802.0K

Q3 2024

Current Ratio

1233.71%

Q3 2024

Total Assets

$9.934M

Q3 2024

Total Liabilities

$802.0K

Q3 2024

Book Value

$9.132M

Q3 2024

Cash

$5.078M

Q3 2024

P/E

5.665

Nov 27, 2024 EST

Free Cash Flow

$722.7K

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$8.838M	$7.599M	$5.383M	$3.506M	$11.57M	$11.12M	$12.02M	$14.69M	$15.97M	$16.42M	$14.76M	$12.46M	$16.09M	$12.08M	$8.710M	$8.600M	$47.11M	$39.21M	$13.81M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	16.31%	41.17%	53.51%	-69.69%	4.04%	-7.47%	-18.21%	-8.04%	-2.69%	11.21%	18.46%	-22.55%	33.2%	38.69%	1.28%	-81.74%	20.15%	183.92%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$8.838M	$7.599M	$5.383M	$3.506M	$11.57M	$11.12M	$12.02M	$14.69M	$15.97M	$16.42M	$14.76M	$12.46M	$16.09M	$12.08M	$8.710M	$8.600M	$47.11M	$39.21M	$13.81M	$0.00	$0.00	$0.00	$0.00	$0.00
Cost Of Revenue	$2.556M	$2.985M	$2.829M	$2.525M	$5.851M	$6.067M	$5.612M	$6.592M	$7.263M	$8.649M	$8.111M	$6.803M	$8.820M	$5.640M	$4.880M	$6.130M	$39.46M	$32.72M	$10.30M	$0.00
Gross Profit	$6.281M	$4.613M	$2.554M	$980.9K	$5.717M	$5.052M	$6.404M	$8.099M	$8.712M	$7.767M	$6.651M	$5.659M	$7.270M	$6.440M	$3.830M	$2.460M	$7.650M	$6.490M	$3.510M	$0.00
Gross Profit Margin	71.07%	60.71%	47.44%	27.98%	49.42%	45.44%	53.3%	55.13%	54.54%	47.31%	45.06%	45.41%	45.18%	53.31%	43.97%	28.6%	16.24%	16.55%	25.42%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2001	2000
Selling, General & Admin	$2.768M	$3.881M	$1.909M	$2.472M	$4.669M	$4.560M	$5.311M	$6.304M	$6.669M	$6.007M	$5.605M	$4.575M	$6.090M	$5.340M	$4.220M	$3.460M	$7.450M	$8.870M	$4.990M	$560.0K	$370.0K
YoY Change	-28.67%	103.28%	-22.78%	-47.05%	2.4%	-14.15%	-15.75%	-5.47%	11.02%	7.16%	22.51%	-24.88%	14.04%	26.54%	21.97%	-53.56%	-16.01%	77.76%	791.07%
% of Gross Profit	44.07%	84.12%	74.76%	252.03%	81.68%	90.26%	82.93%	77.84%	76.55%	77.34%	84.27%	80.84%	83.77%	82.92%	110.18%	140.65%	97.39%	136.67%	142.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$16.00K	$100.1K	$129.0K	$119.0K	$124.0K	$472.0K	$537.0K	$505.0K	$569.0K	$549.0K	$488.0K	$398.0K	$360.0K	$190.0K	$150.0K	$350.0K	$390.0K	$410.0K	$150.0K
YoY Change	-84.01%	-22.41%	8.4%	-4.03%	-73.73%	-12.1%	6.34%	-11.25%	3.64%	12.5%	22.61%	10.56%	89.47%	26.67%	-57.14%	-10.26%	-4.88%	173.33%
% of Gross Profit	0.25%	2.17%	5.05%	12.13%	2.17%	9.34%	8.38%	6.24%	6.53%	7.07%	7.34%	7.03%	4.95%	2.95%	3.92%	14.23%	5.1%	6.32%	4.27%
Operating Expenses	$2.768M	$3.881M	$1.909M	$2.472M	$4.669M	$4.560M	$5.311M	$6.304M	$6.669M	$6.007M	$5.605M	$4.575M	$6.090M	$5.340M	$4.220M	$3.460M	$7.440M	$8.870M	$4.990M	$560.0K	$420.0K	$0.00
YoY Change	-28.67%	103.28%	-22.78%	-47.05%	2.4%	-14.15%	-15.75%	-5.47%	11.02%	7.16%	22.51%	-24.88%	14.04%	26.54%	21.97%	-53.49%	-16.12%	77.76%	791.07%
Operating Profit	$3.513M	$732.4K	$644.5K	-$1.491M	$1.048M	$492.2K	$1.093M	$1.795M	$2.043M	$1.760M	$1.046M	$1.084M	$1.180M	$1.100M	-$390.0K	-$1.000M	$210.0K	-$2.380M	-$1.480M	-$560.0K
YoY Change	379.63%	13.64%	-143.22%	-242.36%	112.84%	-54.98%	-39.09%	-12.16%	16.07%	68.29%	-3.53%	-8.11%	7.27%	-382.05%	-61.0%	-576.19%	-108.82%	60.81%	164.29%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2001
Interest Expense	$228.6K	$3.300K	$24.82K	$24.03K	$7.987K	$17.12K	$21.40K	$27.30K	$25.02K	$47.33K	$121.5K	-$120.0K	-$100.0K	-$130.0K	-$120.0K	-$10.00K	$20.00K	-$1.120M	-$430.0K	-$10.00K	-$40.00K
YoY Change	6826.67%	-86.71%	3.32%	200.8%	-53.35%	-20.01%	-21.59%	9.08%	-47.12%	-61.04%	-201.23%	20.0%	-23.08%	8.33%	1100.0%	-150.0%	-101.79%	160.47%	4200.0%
% of Operating Profit	6.51%	0.45%	3.85%		0.76%	3.48%	1.96%	1.52%	1.22%	2.69%	11.61%	-11.07%	-8.47%	-11.82%			9.52%
Other Income/Expense, Net	$440.6K	$628.3K	$283.8K	-$688.6K	$19.08K	$16.35K	-$31.62K	-$27.30K	-$124.4K	-$19.44K	-$218.5K	$40.00K	$20.00K	-$150.0K	$180.0K	-$20.00K	-$100.0K	$160.0K
YoY Change	-29.88%	121.4%	-141.21%	-3708.7%	16.69%	-151.73%	15.82%	-78.06%	539.99%	-91.1%	-646.23%	100.0%	-113.33%	-183.33%	-1000.0%	-80.0%	-162.5%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Pretax Income	$3.953M	$1.361M	$928.3K	-$2.180M	$1.067M	$508.5K	$1.062M	$1.767M	$1.919M	$1.741M	$827.5K	$1.004M	$1.100M	$820.0K	-$330.0K	-$1.020M	$190.0K	-$3.340M	-$1.910M	-$570.0K			-$460.0K	$0.00
YoY Change	190.54%	46.58%	-142.58%	-304.37%	109.75%	-52.1%	-39.93%	-7.88%	10.22%	110.37%	-17.57%	-8.74%	34.15%	-348.48%	-67.65%	-636.84%	-105.69%	74.87%	235.09%
Income Tax	$1.507M	$300.0K	$202.1K	-$431.0K	$399.0K	$197.0K	$584.0K	$887.0K	$1.032M	$910.0K	$463.0K	$582.0K	$700.0K	-$660.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	38.12%	22.05%	21.77%		37.41%	38.74%	55.01%	50.19%	53.79%	52.27%	55.95%	57.97%	63.64%	-80.49%			0.0%
Net Earnings	$2.446M	$1.247M	$726.2K	-$1.749M	$667.6K	$311.5K	$477.6K	$880.4K	$695.2K	$133.7K	-$1.823M	$549.5K	$400.0K	$1.470M	-$410.0K	-$4.910M	$190.0K	-$3.340M	-$1.910M	-$570.0K	-$7.510M	-$7.510M	-$460.0K	$0.00
YoY Change	96.25%	71.67%	-141.52%	-361.96%	114.31%	-34.77%	-45.75%	26.64%	419.79%	-107.34%	-431.77%	37.38%	-72.79%	-458.54%	-91.65%	-2684.21%	-105.69%	74.87%	235.09%	-92.41%	0.0%	1532.61%
Net Earnings / Revenue	27.68%	16.41%	13.49%	-49.88%	5.77%	2.8%	3.97%	5.99%	4.35%	0.81%	-12.35%	4.41%	2.49%	12.17%	-4.71%	-57.09%	0.4%	-8.52%	-13.83%
Basic Earnings Per Share	$2.50	$1.28	$0.71	-$1.71	$0.66	$0.30	$0.43	$0.03	$0.02	$0.00	-$0.06	$0.02
Diluted Earnings Per Share	$2.47	$1.26	$707.3K	-$1.71	$0.65	$0.30	$0.42	$0.03	$0.02	$0.00	-$0.06	$0.02	$341.9K	$1.312M	-$359.6K	-$4.025M	$155.7K	-$4.395M	-$5.788M	-$4.071M	-$53.64M	-$57.77M	-$11.50M	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Cash & Short-Term Investments	$9.475M	$5.977M	$2.447M	$1.899M	$3.597M	$2.839M	$1.725M	$2.192M	$414.7K	$531.0K	$150.0K	$250.0K	$450.0K	$1.540M	$570.0K	$320.0K	$2.400M	$1.180M	$1.330M	$10.00K	$0.00	$0.00	$0.00	$0.00
YoY Change	58.52%	144.27%	28.85%	-47.21%	26.73%	64.61%	-21.33%	428.64%	-21.91%	254.0%	-40.0%	-44.44%	-70.78%	170.18%	78.13%	-86.67%	103.39%	-11.28%	13200.0%
Cash & Equivalents															$570.0K	$320.0K	$2.400M	$1.180M	$1.330M
Short-Term Investments	$2.543M
Other Short-Term Assets	$745.6K	$354.9K	$505.7K	$257.6K	$564.6K	$566.5K	$531.7K	$437.6K	$354.5K	$524.9K	$1.000M	$640.0K	$570.0K	$640.0K	$170.0K	$5.020M	$470.0K	$280.0K	$220.0K	$0.00
YoY Change	110.08%	-29.82%	96.3%	-54.37%	-0.32%	6.54%	21.5%	23.44%	-32.47%	-47.51%	56.25%	12.28%	-10.94%	276.47%	-96.61%	968.09%	67.86%	27.27%
Inventory	$1.140K	$13.55K	$243.1K	$163.6K	$181.2K	$170.9K	$163.1K	$113.1K	$67.86K	$299.3K	$340.0K	$300.0K	$290.0K	$210.0K	$280.0K	$230.0K	$320.0K	$190.0K	$190.0K
Prepaid Expenses
Receivables	$294.5K	$244.5K	$305.4K	$262.1K	$678.1K	$847.8K	$1.839M	$1.474M	$2.521M	$2.050M	$1.630M	$2.070M	$1.530M	$1.360M	$810.0K	$610.0K	$5.230M	$5.080M	$3.420M	$20.00K
Other Receivables	$44.90K	$279.9K	$693.6K	$955.5K	$188.8K	$270.0K	$370.0K	$270.0K	$300.0K	$0.00	$110.0K	$110.0K	$100.0K	$90.00K	$110.0K	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$10.56M	$6.870M	$4.195M	$3.538M	$5.210M	$4.694M	$4.628M	$4.487M	$3.658M	$3.405M	$3.230M	$3.380M	$2.950M	$3.850M	$1.940M	$6.180M	$8.420M	$6.740M	$5.160M	$30.00K	$0.00	$0.00	$0.00	$0.00
YoY Change	53.73%	63.78%	18.56%	-32.1%	11.0%	1.42%	3.14%	22.67%	7.42%	5.42%	-4.44%	14.58%	-23.38%	98.45%	-68.61%	-26.6%	24.93%	30.62%	17100.0%
Property, Plant & Equipment	$49.44K	$42.86K	$657.1K	$704.6K	$818.7K	$388.1K	$670.0K	$1.074M	$1.497M	$2.087M	$2.440M	$2.180M	$2.540M	$1.920M	$1.090M	$750.0K	$1.170M	$1.290M	$1.150M				$1.110M	$1.050M
YoY Change	15.35%	-93.48%	-6.73%	-13.94%	110.96%	-42.08%	-37.64%	-28.21%	-28.28%	-14.48%	11.93%	-14.17%	32.29%	76.15%	45.33%	-35.9%	-9.3%	12.17%					5.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$0.00	$0.00	$2.510K	$478.5K	$509.5K	$500.7K	$420.3K	$323.3K	$541.5K	$180.0K	$180.0K	$180.0K	$810.0K	$540.0K	$930.0K	$40.00K	$30.00K	$30.00K	$10.00K				$370.0K
YoY Change			-100.0%	-99.48%	-6.08%	1.76%	19.15%	29.99%	-40.3%	200.84%	0.0%	0.0%	-77.78%	50.0%	-41.94%	2225.0%	33.33%	0.0%	200.0%
Total Long-Term Assets	$49.44K	$42.87K	$1.407M	$1.457M	$2.047M	$1.648M	$1.921M	$2.480M	$2.585M	$3.301M	$4.140M	$5.060M	$5.520M	$5.600M	$4.610M	$4.150M	$5.970M	$6.440M	$6.730M	$20.00K	$0.00	$0.00	$1.110M	$1.420M
YoY Change	15.33%	-96.95%	-3.43%	-28.83%	24.25%	-14.22%	-22.54%	-4.07%	-21.69%	-20.27%	-18.18%	-8.33%	-1.43%	21.48%	11.08%	-30.49%	-7.3%	-4.31%	33550.0%			-100.0%	-21.83%
Total Assets	$10.61M	$6.913M	$5.602M	$4.995M	$7.257M	$6.341M	$6.549M	$6.967M	$6.243M	$6.706M	$7.370M	$8.440M	$8.470M	$9.450M	$6.550M	$10.33M	$14.39M	$13.18M	$11.89M	$50.00K	$0.00	$0.00	$1.110M	$1.420M
YoY Change
Accounts Payable	$705.1K	$328.5K	$212.2K	$62.02K	$397.3K	$348.3K	$495.2K	$842.4K	$682.9K	$996.4K	$870.0K	$980.0K	$780.0K	$440.0K	$430.0K	$280.0K	$6.250M	$5.630M	$4.150M	$200.0K	$170.0K	$170.0K	$150.0K	$70.00K
YoY Change	114.64%	54.8%	242.18%	-84.39%	14.08%	-29.67%	-41.22%	23.35%	-31.46%	14.53%	-11.22%	25.64%	77.27%	2.33%	53.57%	-95.52%	11.01%	35.66%	1975.0%	17.65%	0.0%	13.33%	114.29%
Accrued Expenses	$1.333M	$597.3K	$450.3K	$262.6K	$380.2K	$288.6K	$292.3K	$361.4K	$589.4K	$505.1K	$560.0K	$640.0K	$390.0K	$1.410M	$740.0K	$290.0K	$550.0K	$530.0K	$1.170M				$40.00K
YoY Change	123.2%	32.64%	71.46%	-30.93%	31.74%	-1.27%	-19.12%	-38.68%	16.7%	-9.81%	-12.5%	64.1%	-72.34%	90.54%	155.17%	-47.27%	3.77%	-54.7%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$550.0K	$380.0K	$0.00	$650.0K	$500.0K	$1.000M	$1.000M	$0.00	$0.00	$1.490M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change									-100.0%	44.74%		-100.0%	30.0%	-50.0%	0.0%			-100.0%
Long-Term Debt Due			$9.320K	$304.8K	$0.00	$57.72K	$345.0K	$345.0K	$272.4K	$372.5K	$990.0K	$710.0K	$490.0K	$250.0K	$170.0K	$130.0K	$130.0K	$200.0K	$300.0K				$210.0K
YoY Change			-96.94%		-100.0%	-83.27%	0.0%	26.67%	-26.87%	-62.38%	39.44%	44.9%	96.0%	47.06%	30.77%	0.0%	-35.0%	-33.33%
Total Short-Term Liabilities	$2.292M	$1.130M	$752.7K	$710.4K	$1.281M	$821.5K	$1.259M	$1.675M	$1.671M	$2.559M	$2.920M	$2.460M	$2.450M	$2.840M	$2.410M	$6.930M	$7.460M	$6.760M	$7.550M	$200.0K	$170.0K	$170.0K	$400.0K	$70.00K
YoY Change	102.73%	50.18%	5.96%	-44.56%	55.98%	-34.77%	-24.83%	0.27%	-34.7%	-12.37%	18.7%	0.41%	-13.73%	17.84%	-65.22%	-7.1%	10.36%	-10.46%	3675.0%	17.65%	0.0%	-57.5%	471.43%
Long-Term Debt	$0.00	$0.00	$57.73K	$0.00	$0.00	$173.4K	$112.5K	$457.5K	$652.5K	$957.0K	$1.280M	$960.0K	$1.810M	$1.110M	$950.0K	$140.0K	$300.0K	$390.0K	$1.030M	$380.0K	$0.00	$0.00	$150.0K	$300.0K
YoY Change		-100.0%			-100.0%	54.13%	-75.41%	-29.89%	-31.82%	-25.24%	33.33%	-46.96%	63.06%	16.84%	578.57%	-53.33%	-23.08%	-62.14%	171.05%			-100.0%	-50.0%
Other Long-Term Liabilities			$327.5K	$376.9K	$399.7K										$100.0K	$0.00
YoY Change			-13.11%	-5.7%
Total Long-Term Liabilities	$0.00	$0.00	$385.2K	$376.9K	$399.7K	$173.4K	$112.5K	$457.5K	$652.5K	$957.0K	$1.280M	$960.0K	$1.810M	$1.110M	$1.050M	$140.0K	$300.0K	$390.0K	$1.030M	$380.0K	$0.00	$0.00	$150.0K	$300.0K
YoY Change		-100.0%	2.2%	-5.7%	130.52%	54.13%	-75.41%	-29.89%	-31.82%	-25.24%	33.33%	-46.96%	63.06%	5.71%	650.0%	-53.33%	-23.08%	-62.14%	171.05%			-100.0%	-50.0%
Total Liabilities	$2.292M	$1.130M	$1.138M	$1.087M	$1.681M	$994.9K	$1.372M	$2.133M	$2.323M	$3.516M	$4.350M	$3.630M	$4.260M	$5.830M	$4.420M	$7.820M	$7.760M	$7.160M	$8.580M	$580.0K	$170.0K	$170.0K	$550.0K	$370.0K
YoY Change	102.73%	-0.66%	4.66%	-35.32%	68.97%	-27.48%	-35.68%	-8.2%	-33.91%	-19.18%	19.83%	-14.79%	-26.93%	31.9%	-43.48%	0.77%	8.38%	-16.55%	1379.31%	241.18%	0.0%	-69.09%	48.65%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	976.8K	976.0K	1.024M	1.025M	1.009M	1.029M	1.109M	33.16M	33.11M shares	33.11M shares	33.05M shares	33.04M shares	33.04M shares
Diluted Shares Outstanding	989.7K	987.1K	1.027M	1.025M	1.022M	1.040M	1.138M	33.32M	33.60M shares	33.33M shares	33.05M shares	34.37M shares	35.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $8.0388 Million

About Saker Aviation Services, Inc.

Saker Aviation Services, Inc. engages in the operation of New York Heliport. The company is headquartered in New York City, New York and currently employs 11 full-time employees. The company went IPO on 2012-07-23. The Company’s business activities are carried out as the operator of the Downtown Manhattan (New York) Heliport. Its business activities are carried out by FirstFlight Heliports, LLC, its wholly owned subsidiary. Its other subsidiary is FBO Air Garden City, Inc.

Industry: Airports, Flying Fields & Airport Terminal Services Peers: Sky Harbour Group Corp