Surf Air Mobility's Q4 revenue beats estimates, net income improves, and forecasts profitability

From StockTwits: 2025-03-19 04:36:17

Surf Air Mobility (SRFM) saw a 39% increase in on-demand service revenue, leading to a fourth-quarter revenue of $28.05 million, beating Wall Street estimates. The company reported a net income of $1.3 million, a significant improvement from the previous year’s net loss of $111 million. CEO Deanna White highlighted the successful merger with Southern Airways and cost-cutting measures. The company forecasts first-quarter revenue between $21 million and $24 million, with expectations to exceed $100 million in 2025 revenue and achieve profitability. Retail sentiment on Stocktwits is neutral, with users expressing confidence in the company’s profitability plan. Surf Air Mobility shares have fallen 28.8% year-to-date.



Read more at StockTwits: Surf Air Mobility Stock Rises On Upbeat Q4 Revenue