Surf Air Mobility Q1 revenue $23.5M atop guidance; net loss improves to $18.5M

SURF AIR MOBILITY INC.

2025-Q1 EPS reported -$1.09 revenue$23,506,000

Q1 revenue $23.5M (high end of $21-24M guidance); net loss $18.5M vs $37.0M prior year.
Adjusted EBITDA loss $14.4M (within $12-15M guidance), improved from $16.5M loss YoY.
Q2 guidance: revenue $23.5-26.5M, Adj. EBITDA loss $10-13M; reaffirms FY revenue >$100M and airline profitability in 2025.
Secured $5M funding via registered direct offering; entered interline agreement with Japan Airlines; launched Jet Card and SurfOS beta.

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