Significant Revenue Growth
Revenues experienced an increase of 133% over a year ago and 20% sequentially, driven by the acquisition of the Camarillo campus.
Asset Expansion
Assets under construction and completed construction reached over $275 million, with new campuses in Phoenix, Dallas, and Denver.
Strong Liquidity Position
The company holds approximately $97.5 million in cash and U.S. treasuries, ensuring strong liquidity.
Increase in Leasing Premiums
Leases in Miami, Nashville, and Houston are at a 38% premium over initial estimates, reflecting strong market demand.
Successful Integration and Vertical Expansion
Sky Harbour has successfully integrated construction services in-house, improving efficiency and reducing costs.