---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-041261"
form_type: "8-K"
ticker: "SRFM"
cik: "0001936224"
company_name: "SURF AIR MOBILITY INC."
filed_at: "2025-03-18T23:59:59+00:00"
generated_at: "2026-05-24T14:40:10.334513+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Surf Air Mobility Q4 revenue $28.05M beats guidance; FY Adj EBITDA loss narrows 13%

## Summary
- Q4 revenue $28.05M (+5% YoY) exceeded $25-28M guidance; net income of $1.3M vs ($111M) loss YoY.
- Q4 Adj EBITDA loss $6.9M improved 63% YoY, within guidance of $5-8M loss.
- FY 2024 revenue $119.4M (+6% vs pro-forma $112.9M); Adj EBITDA loss $44.1M (-13% vs pro-forma).
- Secured $50M term loan from Comvest Partners; extended debt maturity to Dec 2028; cut liabilities >$42M.
- Q1 2025 guidance: revenue $21-24M, Adj EBITDA loss $12-15M; reaffirms 2025 airline profitability target.

## SEC filing metadata
- accession: 0000950170-25-041261
- form_type: 8-K
- ticker: SRFM
- cik: 0001936224
- company_name: SURF AIR MOBILITY INC.
- filed_at: 2025-03-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1936224/000095017025041261/0000950170-25-041261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1936224/000095017025041261/srfm-20250318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-041261
- JSON: https://secwatch.observer/filing/0000950170-25-041261.json
- Plain text: https://secwatch.observer/filing/0000950170-25-041261.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.