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flyExclusive (FLYX)
:FLYX
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.32Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -7.07%
|Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong overall performance with significant improvements in fleet modernization, revenue growth, and membership expansion. The company is successfully executing its strategic initiatives, resulting in better financial metrics and operational efficiency. Despite a continued adjusted EBITDA loss, the positive developments outweigh the negatives.Company Guidance
During the first quarter of fiscal year 2025, flyExclusive showcased significant improvements across its operations, primarily driven by a modernized fleet and streamlined cost structure. The company reported a 10% year-over-year increase in revenue, reaching $88 million, despite a roughly 20% reduction in fleet size. Flight hours rose by 6%, with improved aircraft availability contributing to this growth. The addition of new Challenger aircraft has been pivotal, with each expected to generate $8 to $10 million annually, representing up to 30% of overall revenue by year-end. Active membership increased by 38%, and fractional program activity doubled compared to Q1 2024. Notably, SG&A expenses were cut by 17%, leading to a 70% reduction in adjusted EBITDA loss to $6.3 million. The company anticipates further growth and efficiency, bolstered by strong demand in its Jet Club and fractional programs, and expects to achieve positive free cash flow and continued EBITDA improvements throughout 2025.Fleet Modernization and Improved Dispatch Availability
The company reduced non-performing aircraft from 37 to 5, improving dispatch availability from 30% to over 60%. The transition to newer aircraft like Challengers is expected to further improve availability to around 80%.
Revenue and Flight Hours Growth
Despite a reduction of nearly 20% in the number of aircraft, revenue increased by 10% year-over-year to $88 million, and flight hours increased by 6% from the previous year.
Growth in Membership and Utilization
Active membership grew by 38%, and utilization per member increased by 13%. The member-to-aircraft ratio is now 12.8, the lowest among major industry players.
Jet Club and Fractional Program Success
Jet Club sales increased by 25% year-over-year, and fractional program activity doubled to $16.2 million compared to Q1 2024.
Improved Financial Performance
Adjusted EBITDA loss reduced by 67% to $6.3 million, and SG&A costs decreased by 17%, saving over $6 million in Q1.
FLYX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLYX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $2.97 | $2.82 | -5.05% |
Mar 24, 2025 | $3.42 | $3.19 | -6.73% |
Nov 14, 2024 | $2.23 | $2.24 | +0.45% |
Aug 14, 2024 | $3.97 | $3.97 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does flyExclusive (FLYX) report earnings?
flyExclusive (FLYX) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is flyExclusive (FLYX) earnings time?
flyExclusive (FLYX) earnings time is at Aug 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLYX EPS forecast?
FLYX EPS forecast for the fiscal quarter 2025 (Q2) is -0.06.