📊 SRFM Key Takeaways
Is Surf Air Mobility Inc.. (SRFM) a Good Investment?
SRFM exhibits severe financial distress with negative stockholders' equity (-$54.9M), critical liquidity crisis (0.23x current ratio, only $12.7M cash), and unsustainable annual cash burn of $70.1M. Declining revenue (-10.8% YoY), deeply negative operating margin (-72.1%), and liabilities exceeding assets by $54.9M indicate fundamental business model failure with imminent bankruptcy risk.
Why Buy Surf Air Mobility Inc.. Stock? SRFM Key Strengths
- Company maintains operational revenue base of $106.6M demonstrating some market demand
- Modest long-term debt of $17.1M limits creditor obligations relative to asset base
- Company has not yet ceased operations or filed for bankruptcy protection
SRFM Stock Risks: Surf Air Mobility Inc.. Investment Risks
- Negative stockholders' equity of -$54.9M indicates technical insolvency on balance sheet
- Critical liquidity crisis with 0.23x current ratio and only $12.7M cash remaining against $186.5M total liabilities; less than 3 months of runway at current burn rate
- Annual free cash flow burn of -$70.1M is unsustainable and accelerating financial deterioration
- Declining revenue (-10.8% YoY) combined with -103.8% net margin indicates fundamental business model failure
- Operating margin of -72.1% shows costs are nearly 1.75x revenue; no clear cost reduction path evident
- Operating cash flow of -$64.2M reflects inability to generate cash from core business
Key Metrics to Watch
- Monthly cash burn rate and remaining cash runway to bankruptcy threshold
- Quarterly revenue trends and customer retention/churn rates
- Cost structure reduction initiatives and timeline to operating profitability
- Capital raising ability and debt refinancing options in distressed position
- Balance sheet restructuring or bankruptcy filing announcement risk
Surf Air Mobility Inc.. (SRFM) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
SRFM Profit Margin, ROE & Profitability Analysis
SRFM vs Transportation Sector: How Surf Air Mobility Inc.. Compares
How Surf Air Mobility Inc.. compares to Transportation sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Surf Air Mobility Inc.. Stock Overvalued? SRFM Valuation Analysis 2026
Based on fundamental analysis, Surf Air Mobility Inc.. has mixed fundamental signals relative to the Transportation sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Surf Air Mobility Inc.. Balance Sheet: SRFM Debt, Cash & Liquidity
SRFM Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Surf Air Mobility Inc..'s revenue has grown significantly by 97% over the 5-year period, indicating strong business expansion. The most recent EPS of $-5.80 indicates the company is currently unprofitable.
SRFM Revenue Growth, EPS Growth & YoY Performance
SRFM Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $28.4M | -$12.2M | $-0.64 |
| Q2 2025 | $27.4M | -$27.0M | $-1.34 |
| Q1 2025 | $23.5M | -$18.5M | $-1.09 |
| Q3 2024 | $22.0M | -$12.2M | $-0.94 |
| Q2 2024 | $6.2M | -$27.0M | $-0.33 |
| Q1 2024 | $5.5M | -$20.6M | $-0.48 |
| Q3 2023 | $5.1M | -$21.1M | $-1.36 |
| Q2 2023 | $4.5M | -$18.8M | $-1.40 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Surf Air Mobility Inc.. Dividends, Buybacks & Capital Allocation
SRFM SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Surf Air Mobility Inc.. (CIK: 0001936224)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SRFM
What is the AI rating for SRFM?
Surf Air Mobility Inc.. (SRFM) has an AI rating of STRONG SELL with 98% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SRFM's key strengths?
Claude: Company maintains operational revenue base of $106.6M demonstrating some market demand. Modest long-term debt of $17.1M limits creditor obligations relative to asset base.
What are the risks of investing in SRFM?
Claude: Negative stockholders' equity of -$54.9M indicates technical insolvency on balance sheet. Critical liquidity crisis with 0.23x current ratio and only $12.7M cash remaining against $186.5M total liabilities; less than 3 months of runway at current burn rate.
What is SRFM's revenue and growth?
Surf Air Mobility Inc.. reported revenue of $106.6M.
Does SRFM pay dividends?
Surf Air Mobility Inc.. does not currently pay dividends.
Where can I find SRFM SEC filings?
Official SEC filings for Surf Air Mobility Inc.. (CIK: 0001936224) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SRFM's EPS?
Surf Air Mobility Inc.. has a diluted EPS of $-3.15.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SRFM a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Surf Air Mobility Inc.. has a STRONG SELL rating with 98% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SRFM stock overvalued or undervalued?
Valuation metrics for SRFM: ROE of N/A (sector avg: 18%), net margin of -103.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy SRFM stock in 2026?
Our dual AI analysis gives Surf Air Mobility Inc.. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SRFM's free cash flow?
Surf Air Mobility Inc..'s operating cash flow is $-64.2M, with capital expenditures of $5.9M. FCF margin is -65.8%.
How does SRFM compare to other Transportation stocks?
Vs Transportation sector averages: Net margin -103.8% (avg: 10%), ROE N/A (avg: 18%), current ratio 0.23 (avg: 1).