The company states: “Adjusted EBITDA loss (for FY26 seen) in the range of $50 million to $40 million. Our adjusted EBITDA loss guidance reflects significant investment in strategic initiatives, including the continued development and commercial roll out of SurfOS, partially offset by continued efforts to improve the profitability of our scheduled service and On Demand charter businesses. We expect Adjusted EBITDA loss and margins to improve each quarter of 2026, driven by revenue growth and a continued focus on cost management.”
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