I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q4, the actual value is USD 90.68 M.
EPS: As of FY2025 Q4, the actual value is USD -0.34.
EBIT: As of FY2025 Q4, the actual value is USD -6.417 M.
Segment Revenue
- Contract Revenue: $204.3 million for the nine months ended September 30, 2025, a decrease of 32.6% from $303.2 million in the same period in 2024.
- Pass-through and Other Revenue: $73.9 million for the nine months ended September 30, 2025, an increase of 35.8% from $54.4 million in the same period in 2024.
Operational Metrics
- Net Loss: $51.9 million for the nine months ended September 30, 2025, compared to a net loss of $33.2 million in the same period in 2024.
- Operating Loss: $66.6 million for the nine months ended September 30, 2025, compared to $14.4 million in the same period in 2024.
- Depreciation and Amortization: $11.6 million for the nine months ended September 30, 2025, a decrease of 56.7% from $26.7 million in the same period in 2024.
Cash Flow
- Net Cash Used in Operating Activities: - $34.6 million for the nine months ended September 30, 2025, compared to $42.1 million provided in the same period in 2024.
- Net Cash Provided by Investing Activities: $95.5 million for the nine months ended September 30, 2025, compared to $102.2 million in the same period in 2024.
- Net Cash Used in Financing Activities: - $62.0 million for the nine months ended September 30, 2025, compared to - $144.8 million in the same period in 2024.
Unique Metrics
- Asset Impairment: $53.4 million for the nine months ended September 30, 2025, related to held-for-sale assets.
Future Outlook and Strategy
- Core Business Focus: The company is undergoing a merger with Republic Airways Holdings, Inc., which is expected to close on November 25, 2025. This merger is anticipated to alleviate financial distress and improve the company’s financial position.
- Non-Core Business: The company plans to dispose of certain non-core assets, including CRJ-related assets, as part of the merger agreement with Republic Airways Holdings, Inc.