secwatch.observer — SEC 8-K summary
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Issuer:     SURF AIR MOBILITY INC. (SRFM)
CIK:        0001936224
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0000950170-23-063719
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Surf Air Mobility Q3 pro forma revenue $28.9M (+6.2% YoY); GAAP net loss $74.6M
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- GAAP revenue $21.9M; pro forma revenue $28.9M, up 6.2% YoY on a pro forma basis.
- GAAP net loss widened to $74.6M from $21.1M in Q3 2022; pro forma net loss $50.8M.
- Pro forma adjusted EBITDA loss of $14.7M vs $10.2M loss a year ago.
- Full-year 2023 guidance maintained: pro forma revenue $107.5M-$112.5M; pro forma adjusted EBITDA loss $46.3M-$56.3M.
- Order confirmed for 100 Cessna Grand Caravan EX aircraft; 11 deliveries expected in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936224/000095017023063719/0000950170-23-063719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936224/000095017023063719/srfm-20231114.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-063719

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer