<span item_type="fundamental" item_id="9b8b47f305067c9b10068b14a24d537e" counter_id="ST/US/JETBF" env="prod"></span><span item_type="announcement" item_id="549387998526834049" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 61.38 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 3.278 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Charter Revenue</strong>: Decreased by $9.3 million or 37.8% from $24.6 million in 2024 to $15.3 million in 2025, primarily due to a decrease in charter block hours by 37.2%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li><li><strong>ACMI Revenue</strong>: Increased by $12.6 million or 39.6% from $31.9 million in 2024 to $44.5 million in 2025, driven by an increase in block hours by 32.2%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: Increased by $0.3 million from $0.3 million in 2024 to $0.6 million in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li><li><strong>Operating Income</strong>: Increased by $0.7 million from $2.5 million in 2024 to $3.2 million in 2025, with operating income as a percentage of revenue improving from 4.4% to 5.3%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li><li><strong>Total Operating Expenses</strong>: Increased by $3.1 million or 5.6% from $55.0 million in 2024 to $58.1 million in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: Increased to $8.9 million for the six months ended June 30, 2025, from a net cash used of $1.2 million in the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Block Hours</strong>: Total block hours increased by 22.4% from 6,591 in 2024 to 8,065 in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: GlobalX aims to become the best-in-class U.S. narrow-body ACMI charter airline, focusing on expanding its fleet and improving operational efficiency. The company plans to prioritize passenger aircraft deliveries over cargo to meet the high demand in the passenger charter market.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li><li><strong>Non-Core Business</strong>: The company is taking steps to reduce financial exposure in the cargo market by canceling or deferring freighter orders while expanding its customer base for existing aircraft.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1846084/000095017025108630/jetmf-20250630.htm"></span></li></ul>

Global Crossing Airlines Group Inc. | 10-Q: FY2025 Q2 Revenue: USD 61.38 M