<span item_type="fundamental" item_id="677f2ab19047ea4b4f95a32144dd9525" counter_id="ST/US/JETBF" env="prod"></span><span item_type="announcement" item_id="549805687974724993" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 61.4 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.01.</p><p>EBIT: As of FY2025 Q2, the actual value is USD 5.9 M.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Segment Revenue</h4><ul><li><strong>Total Revenue</strong>: Increased 7% year-over-year to $61.4 million, driven by higher block hours flown, aircraft fleet expansion, and increased contribution from the passenger ACMI business.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li><li><strong>ACMI Revenue</strong>: Increased 40% year-over-year to $44.5 million, accounting for 73% of total revenue compared to 55% in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li><li><strong>Charter Revenue</strong>: Decreased to $15.3 million from $24.6 million in the same quarter last year, now representing 25% of total revenue compared to 43% in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li><strong>Net Income</strong>: Improved to $0.6 million compared to $0.3 million in the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li><li><strong>EBITDA</strong>: Increased 48% to $5.9 million compared to $4 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li><li><strong>EBITDAR</strong>: Increased 6% to $19.8 million compared to $18.7 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li><li><strong>Operating Expenses</strong>: Total operating expenses were $58.1 million compared to $55 million, primarily due to higher maintenance and personnel costs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li></ul><h4>Cash Flow</h4><ul><li><strong>Operating Cash Flow</strong>: Increased to $8.8 million compared to $0.9 million, driven by improved profitability and disciplined cost management.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li><li><strong>Cash and Restricted Cash</strong>: Ended the second quarter with approximately $14.1 million, compared to $10.2 million at March 31, 2025, and $14 million at December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li><strong>Block Hours Flown</strong>: A record 8,065 block hours, a 13% increase over the prior year’s quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li><li><strong>Average Revenue per Block Hour</strong>: $6,580 for ACMI and $13,272 for Charter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>The company plans to continue focusing on improving core operations, expanding customer partnerships, and enhancing its reputation for excellence, consistency, and reliability. It aims to become the largest, most reliable, narrow-body charter airline in North America. The strategic shift to a hybrid ownership model with the acquisition of an Airbus A320 is expected to enhance operational flexibility and support improved financial performance. The company anticipates a more pronounced improvement in profitability driven by the favorable margin profile of its expanding ACMI portfolio.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025109392/jetmf-ex99_2.htm"></span></li></ul>

Global Crossing Airlines Group Inc. | 8-K: FY2025 Q2 Revenue: USD 61.4 M