earnings
confidence high
sentiment positive
materiality 0.60
Sky Harbour Q1 revenue up 133% YoY; reiterates 2025 breakeven guidance
Sky Harbour Group Corp
2025-Q1 EPS
reported -$0.19
vs consensus -$0.20
▲ beat
(+4.5%)
- Consolidated revenue increased 133% YoY (Q1 2025 vs Q1 2024); constructed assets and CIP >$275M.
- Net cash used in operating activities $5.1M for Q1; cash and US Treasuries $97.4M.
- New ground leases at Seattle's Boeing Field (BFI), Hillsboro (HIO), Stewart (SWF) executed.
- DVT opened; ADS and APA expected to open in coming weeks; Phase 2 at OPF started.
- Reiterates guidance of run rate breakeven operating cash flow/adjusted EBITDA by year end 2025.