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Global Crossing Airlines Inc (JETMF)
:JETMF
US Market

Global Crossing Airlines (JETMF) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 19, 2025
TBA Not Confirmed
Period Ending
2025 (Q2)
Consensus EPS Forecast
-0.01
Last Year’s EPS
0
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Earnings Call Date:May 07, 2025
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% Change Since: 0.00%
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Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance for Global Crossing Airlines, with significant revenue growth and improved profitability driven by the expansion of the ACMI business. However, challenges remain in the charter and cargo markets, and operating expenses have increased. Despite the lowlights, the call reflects an optimistic outlook with plans for further fleet expansion and strategic growth, indicating a generally positive sentiment.
Company Guidance
In the first quarter of 2025, Global Crossing Airlines reported record revenue of $66.6 million, marking a 24% year-over-year increase. This growth was driven by a significant 84% increase in ACMI revenue, which rose to $34.3 million and now constitutes 52% of total revenue, up from 35% the previous year. Conversely, charter revenue decreased by 10% to $30.5 million. The company flew 7,546 block hours, a 29% increase from the prior year, with ACMI block hours rising by 67% to 5,091. Average revenue per block hour for ACMI increased by 10% to $6,740, while charter revenue per block hour rose 7% to $13,588. The fleet saw expansion with the addition of one A321 passenger aircraft, bringing the total to 19, and the company plans to grow its fleet by over 20% in the latter half of 2025. Operating expenses were $63.5 million, and the quarter ended with a net income of $0.2 million, a significant improvement from a $6.4 million loss in the previous year. Cash flow from operations improved to $0.1 million, down from cash used of $2.1 million last year, with the company holding $10.2 million in cash and restricted cash by quarter-end.
Record Revenue Growth
Global Crossing Airlines reported a record revenue of $66.6 million in Q1 2025, representing a 24% increase year-over-year.
ACMI Business Expansion
The ACMI business grew 84% to $34.3 million and now accounts for 52% of total revenue compared to 35% in the previous year.
Improved Profitability
Net income improved to $0.2 million compared to a loss of $6.4 million in the previous year, with EBITDA increasing to $5.4 million from a loss of $3.5 million.
Fleet Expansion
The company expanded its fleet to a total of 19 aircraft and plans to increase its fleet by more than 20% in the second half of 2025.
Sports Charter Program Growth
The sports charter program transported twice as many college teams for the 2025 basketball season, showcasing growth in this segment.

Global Crossing Airlines (JETMF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

JETMF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 19, 2025
2025 (Q2)
-0.01 / -
0
May 07, 2025
2025 (Q1)
0.00 / 0.00
-0.108
Mar 05, 2025
2024 (Q4)
-0.02 / 0.02
-0.043146.67% (+0.06)
Nov 06, 2024
2024 (Q3)
0.01 / -0.08
-0.0822.63% (<+0.01)
Aug 13, 2024
2024 (Q2)
-0.06 / 0.00
-0.126
May 07, 2024
2024 (Q1)
- / -0.11
-0.1080.00% (0.00)
Mar 06, 2024
2023 (Q4)
- / -0.04
-0.08247.37% (+0.04)
Nov 08, 2023
2023 (Q3)
- / -0.08
0.003-2950.00% (-0.08)
Aug 09, 2023
2023 (Q2)
- / -0.13
-0.12-4.76% (>-0.01)
May 10, 2023
2023 (Q1)
- / -0.11
-0.084-27.97% (-0.02)
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

JETMF Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 07, 2025
$0.61$0.610.00%
Mar 05, 2025
$0.71$0.62-12.68%
Nov 06, 2024
$0.64$0.56-12.50%
Aug 13, 2024
$0.62$0.59-4.84%
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 Global Crossing Airlines Inc (JETMF) report earnings?
Global Crossing Airlines Inc (JETMF) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
    What is Global Crossing Airlines Inc (JETMF) earnings time?
    Global Crossing Airlines Inc (JETMF) earnings time is at Aug 19, 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 JETMF EPS forecast?
          JETMF EPS forecast for the fiscal quarter 2025 (Q2) is -0.01.
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