Sky Harbour reports 78% Q3 revenue growth, JV for $30.75M at Miami OPF, reaffirms breakeven guidance

Sky Harbour Group Corp

2025-Q3 EPS reported $0.01 revenue$19,483,000

Q3 consolidated revenues up 78.2% YoY; net cash used in ops improved to ~$0.9M from $1.2M.
Reiterated guidance for operating cash-flow breakeven on run-rate basis by year-end 2025.
Entered binding LOI for JV Partner to invest $30.75M for 75% stake in SPV leasing a hangar at Miami OPF Phase 2.
Secured $200M JPM construction warehouse facility (5-year, floating-to-fixed swap at 4.73%); no draws yet.
Construction progress: Dallas Addison fully operational, Denver Centennial nearly done, BDL broke ground, SLC site work commenced.

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