flyExclusive Inc WT (FLYX-WT)

Name: flyExclusive Inc WT Financial Statements
Creator: Quarter Results

Industrials | Airlines Airports Air Services

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$88.1M

Net Income

-$5.4M

Operating Margin

-16.7%

Free Cash Flow

-$24.3M

Debt / Assets

119.2%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for flyExclusive Inc WT (FLYX-WT).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	88,125,000	91,366,000	76,923,000	79,013,000
Cost of Revenue	76,825,000	81,411,000	68,238,000	72,755,000
Gross Profit	11,300,000	9,955,000	8,685,000	-424,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	20,990,000	24,663,000	20,001,000	21,490,000
Operating Expenses	26,036,000	22,561,000	29,591,000	28,100,000
Operating Income	-14,736,000	-12,606,000	-20,906,000	-21,842,000
Interest Expense	-5,388,000	5,243,000	5,619,000	5,666,000
Income Before Tax	-23,047,000	-16,474,000	-24,136,000	-27,854,000
Income Tax Expense	-17,598,000	41,000	0	0
Net Income	-5,449,000	-3,806,000	-6,274,000	-5,153,000
Per Share
EPS	-0.30	0.84	-0.32	-0.32
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for flyExclusive Inc WT (FLYX-WT).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31
Revenue	375,877,000	327,274,000	315,362,000
Cost of Revenue	343,212,000	290,212,000	291,158,000
Gross Profit	32,665,000	37,062,000	24,204,000
Operating Expenses
R&D Expenses	0	0	0
SG&A Expenses	82,586,000	91,337,000	75,430,000
Operating Expenses	82,586,000	119,841,000	61,525,000
Operating Income	-49,921,000	-82,779,000	-51,226,000
Interest Expense	21,395,000	21,183,000	22,223,000
Income Before Tax	-67,077,000	-101,454,000	-54,738,000
Income Tax Expense	37,000	41,000	0
Net Income	-17,592,000	-21,074,000	-46,835,000
Per Share
EPS	-1.01	-1.07	-2.81
EPS Diluted	0.00	0.00	0.00

Balance sheet quarterly history for flyExclusive Inc WT (FLYX-WT).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31
Assets
Cash and Cash Equivalents	29,340,000	31,694,000	11,626,000
Short Term Investments	0	65,541,000	71,230,000
Net Receivables	10,590,000	12,135,000	3,341,000
Inventory	5,068,000	5,658,000	5,142,000
Total Current Assets	74,372,000	143,969,000	116,279,000
Property Plant Equipment	310,819,000	330,359,000	338,625,000
Goodwill and Intangibles	0	1,600,000	2,234,000
Total Assets	439,996,000	538,290,000	521,030,000
Liabilities
Account Payables	30,674,000	20,295,000	30,172,000
Short Term Debt	66,866,000	114,421,000	77,713,000
Total Current Liabilities	269,950,000	294,753,000	221,536,000
Long Term Debt	176,304,000	201,241,000	234,918,000
Total Liabilities	524,266,000	549,962,000	485,700,000
Shareholders Equity
Retained Earnings	-440,385,000	-244,177,000	-80,456,000
Total Shareholders Equity	-298,786,000	-195,735,000	46,461,000

Balance sheet annual history for flyExclusive Inc WT (FLYX-WT).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31
Assets
Cash and Cash Equivalents	29,340,000	31,694,000	11,626,000
Short Term Investments	0	65,541,000	71,230,000
Net Receivables	10,590,000	12,135,000	3,341,000
Inventory	5,068,000	5,658,000	5,142,000
Total Current Assets	74,372,000	143,969,000	116,279,000
Property Plant Equipment	310,819,000	330,359,000	338,625,000
Goodwill and Intangibles	0	1,600,000	2,234,000
Total Assets	439,996,000	538,290,000	521,030,000
Liabilities
Account Payables	30,674,000	20,295,000	30,172,000
Short Term Debt	66,866,000	114,421,000	77,713,000
Total Current Liabilities	269,950,000	294,753,000	221,536,000
Long Term Debt	176,304,000	201,241,000	234,918,000
Total Liabilities	524,266,000	549,962,000	485,700,000
Shareholders Equity
Retained Earnings	-440,385,000	-244,177,000	-80,456,000
Total Shareholders Equity	-298,786,000	-195,735,000	46,461,000

Cash flow quarterly history for flyExclusive Inc WT (FLYX-WT).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31
Operating Activities
Net Income	-67,114,000	-101,495,000	-46,835,000
Depreciation & Amortization	23,587,000	25,709,000	26,982,000
Stock Based Compensation	4,480,000	753,000	882,000
Change in Working Capital	16,903,000	36,626,000	20,866,000
Operating Cash Flow	6,688,000	-10,929,000	8,665,000
Investing Activities
Capital Expenditure	-30,941,000	-57,158,000	-105,229,000
Investments	-30,941,000	-56,666,000	-105,229,000
Investing Cash Flow	115,549,000	-7,869,000	-48,531,000
Financing Activities
Debt Repayment	-113,301,000	4,622,000	-70,823,000
Common Stock Issued/Repurchased	5,800,000	48,379,000	0
Dividends Paid	-1,000,000	0	-33,662,000
Financing Cash Flow	-124,591,000	38,866,000	28,313,000
Summary
Free Cash Flow	-24,253,000	-68,087,000	-96,564,000
Net Change in Cash	-2,354,000	20,068,000	-11,553,000

Cash flow annual history for flyExclusive Inc WT (FLYX-WT).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31
Operating Activities
Net Income	-67,114,000	-101,495,000	-46,835,000
Depreciation & Amortization	23,587,000	25,709,000	26,982,000
Stock Based Compensation	4,480,000	753,000	882,000
Change in Working Capital	16,903,000	36,626,000	20,866,000
Operating Cash Flow	6,688,000	-10,929,000	8,665,000
Investing Activities
Capital Expenditure	-30,941,000	-57,158,000	-105,229,000
Investments	-30,941,000	-56,666,000	-105,229,000
Investing Cash Flow	115,549,000	-7,869,000	-48,531,000
Financing Activities
Debt Repayment	-113,301,000	4,622,000	-70,823,000
Common Stock Issued/Repurchased	5,800,000	48,379,000	0
Dividends Paid	-1,000,000	0	-33,662,000
Financing Cash Flow	-124,591,000	38,866,000	28,313,000
Summary
Free Cash Flow	-24,253,000	-68,087,000	-96,564,000
Net Change in Cash	-2,354,000	20,068,000	-11,553,000