Global Crossing Airlines Inc

Company Profile

Global Crossing Airlines Inc had its IPO on under the ticker symbol JETMF.

The company operates in the Industrials sector and Airlines industry. Global Crossing Airlines Inc has a staff strength of 400 employees.

Stock update

Shares of Global Crossing Airlines Inc opened at $0.8 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.77 - $0.86, and closed at $0.8.

This is a 0% increase from the previous day's closing price.

A total volume of 63,800 shares were traded at the close of the day’s session.

In the last one week, shares of Global Crossing Airlines Inc have increased by +8.11%.

Global Crossing Airlines Inc's Key Ratios

Global Crossing Airlines Inc has a market cap of $31.10 million, indicating a price to book ratio of 15.3298 and a price to sales ratio of 0.2611.

In the last 12-months Global Crossing Airlines Inc’s revenue was $126.91 million with a gross profit of $7.85 million and an EBITDA of $-10965670. The EBITDA ratio measures Global Crossing Airlines Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Global Crossing Airlines Inc’s operating margin was -9.74% while its return on assets stood at -11.14% with a return of equity of -787.91%.

In Q2, Global Crossing Airlines Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 80.5%.

Global Crossing Airlines Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.3 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Global Crossing Airlines Inc’s profitability.

Global Crossing Airlines Inc stock is trading at a EV to sales ratio of 0.8566 and a EV to EBITDA ratio of -4.4841. Its price to sales ratio in the trailing 12-months stood at 0.2611.

Global Crossing Airlines Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$95.11 million

Total Liabilities

$54.83 million

Operating Cash Flow

$0

Capital Expenditure

$762221

Dividend Payout Ratio

0%

Global Crossing Airlines Inc ended 2024 with $95.11 million in total assets and $0 in total liabilities. Its intangible assets were valued at $95.11 million while shareholder equity stood at $-18095502.00.

Global Crossing Airlines Inc ended 2024 with $0 in deferred long-term liabilities, $54.83 million in other current liabilities, in common stock, $-51626030.00 in retained earnings and $0 in goodwill. Its cash balance stood at $4.16 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $596572.00.

Global Crossing Airlines Inc’s total current assets stands at $17.54 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $5.50 million compared to accounts payable of $9.91 million and inventory worth $0.

In 2024, Global Crossing Airlines Inc's operating cash flow was $0 while its capital expenditure stood at $762221.

Comparatively, Global Crossing Airlines Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.8

52-Week High

$1.63

52-Week Low

$0.53

Analyst Target Price

$

Global Crossing Airlines Inc stock is currently trading at $0.8 per share. It touched a 52-week high of $1.63 and a 52-week low of $1.63. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.89 and 200-day moving average was $0.93 The short ratio stood at 0.58 indicating a short percent outstanding of 0%.

Around 2629.7% of the company’s stock are held by insiders while 745.8% are held by institutions.