secwatch.observer — SEC 8-K summary
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Issuer:     Global Crossing Airlines Group Inc. (JETMF)
CIK:        0001846084
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001193125-22-276854
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GlobalX reports Q3 net income of $163,631; revenue $30.8M, up 886%
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- Net income of $163,631 ($0.002 diluted EPS); adjusted net income of $233,346 ($0.003).
- Revenue of $30.8M, up 886% YoY; sold 3,951 block hours (+85% QoQ).
- EBITDAR of $5M and EBITDA of $1M, marking first profitable quarter.
- Cash and restricted cash $7.8M, up $2.4M from Q2; reaffirms FY2022 revenue guidance >$90M.
- Plan to add one A321 passenger and two A321 freighters in Q4, subject to FAA/DOT approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846084/000119312522276854/0001193125-22-276854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846084/000119312522276854/d418442d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-276854

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