Stocktoria
SURF AIR MOBILITY INC. SRFM
NYSE · XNYS · stock · Air Transportation, Nonscheduled · website · IPO 2023-07-27
Chart by TradingView
2/9
Piotroski F — financial health
-28.86
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Financials | ||||
| Revenue | $106.6M | $119.4M | $60.5M | $20.3M |
| Operating income | -$76.9M | -$60.3M | -$196.8M | -$50.9M |
| Net income | -$110.6M | -$74.9M | -$250.7M | -$74.4M |
| Operating cash flow | -$64.2M | -$54.3M | -$64.4M | -$28.0M |
| Free cash flow | -$70.1M | -$66.1M | -$72.0M | -$28.1M |
| Total assets | $131.7M | $124.1M | $111.0M | $13.7M |
| Total liabilities | $186.5M | $244.1M | $188.5M | $105.1M |
| Shareholders' equity | -$54.9M | -$120.0M | -$77.5M | -$222.1M |
| Ratios | ||||
| Operating margin | -72.1% | -50.5% | -325.2% | -251.1% |
| Net margin | -103.8% | -62.7% | -414.3% | -366.8% |
| FCF margin | -65.8% | -55.3% | -118.9% | -138.8% |
| Return on assets | -84.0% | -60.4% | -225.9% | -542.9% |
| Return on equity | 201.5% | 62.4% | 323.5% | 33.5% |
| Debt / equity | -0.26× | -0.52× | -0.27× | — |
| Current ratio | 0.23 | 0.38 | 0.13 | 0.14 |
| Revenue growth | -10.8% | 97.4% | 198.4% | — |
Why these scores methodology →
Piotroski F-score: 2/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -28.86 (distress)
- Working capital / assets -0.78
- Retained earnings / assets -5.984
- EBIT / assets -0.584
- Equity / liabilities -0.294
Sector peers
VZ · T · CCZ · UPS · TMUS · FDX · all Transportation & Utilities →
Source: SEC EDGAR filings · CIK 0001936224 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.