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Surf Air Mobility Inc provides a regional air mobility platform to connect communities sustainably. The company is an electric aviation and air travel company expanding the category of regional air travel and reinventing flying through electrification. The company is building a regional air mobility ecosystem to sustainably connect the world's communities. It generates revenue through air mobility services.
2021
703
LTM Revenue $115M
LTM EBITDA -$41.5M
$118M
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Surf Air has a last 12-month revenue of $115M and a last 12-month EBITDA of -$41.5M.
In the most recent fiscal year, Surf Air achieved revenue of $119M and an EBITDA of -$58.2M.
Surf Air expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Surf Air valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $60.5M | $119M | XXX | XXX | XXX |
| Gross Profit | $6.2M | -$5.2M | XXX | XXX | XXX |
| Gross Margin | 10% | -4% | XXX | XXX | XXX |
| EBITDA | -$247M | -$58.2M | XXX | XXX | XXX |
| EBITDA Margin | -409% | -49% | XXX | XXX | XXX |
| Net Profit | -$118M | -$251M | XXX | XXX | XXX |
| Net Margin | -195% | -210% | XXX | XXX | XXX |
| Net Debt | $29.1M | $34.8M | XXX | XXX | XXX |
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As of April 15, 2025, Surf Air's stock price is $2.
Surf Air has current market cap of $46.3M, and EV of $118M.
See Surf Air trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $118M | $46.3M | XXX | XXX | XXX | XXX | $-5.23 |
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Sign UpAs of April 15, 2025, Surf Air has market cap of $46.3M and EV of $118M.
Surf Air's trades at 1.0x LTM EV/Revenue multiple, and -2.8x LTM EBITDA.
Analysts estimate Surf Air's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Surf Air and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $118M | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | XXX | XXX |
| EV/EBITDA | -2.0x | XXX | XXX | XXX |
| P/E | -0.6x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -1.7x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpSurf Air's NTM/LTM revenue growth is 3%
Surf Air's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Surf Air's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Surf Air's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Surf Air and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 97% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -49% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -76% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -46% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 6% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 25% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 20% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 51% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| flyExclusive | XXX | XXX | XXX | XXX | XXX | XXX |
| Qantas Airways | XXX | XXX | XXX | XXX | XXX | XXX |
| Aegean Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Asia Aviation | XXX | XXX | XXX | XXX | XXX | XXX |
| Bangkok Airways | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Surf Air acquired XXX companies to date.
Last acquisition by Surf Air was XXXXXXXX, XXXXX XXXXX XXXXXX . Surf Air acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Surf Air founded? | Surf Air was founded in 2021. |
| Where is Surf Air headquartered? | Surf Air is headquartered in United States of America. |
| How many employees does Surf Air have? | As of today, Surf Air has 703 employees. |
| Who is the CEO of Surf Air? | Surf Air's CEO is Ms. Deanna White. |
| Is Surf Air publicy listed? | Yes, Surf Air is a public company listed on NYS. |
| What is the stock symbol of Surf Air? | Surf Air trades under SRFM ticker. |
| When did Surf Air go public? | Surf Air went public in 2023. |
| Who are competitors of Surf Air? | Similar companies to Surf Air include e.g. flyExclusive, Qantas Airways, Aegean Airlines, Asia Aviation. |
| What is the current market cap of Surf Air? | Surf Air's current market cap is $46.3M |
| What is the current revenue of Surf Air? | Surf Air's last 12-month revenue is $115M. |
| What is the current EBITDA of Surf Air? | Surf Air's last 12-month EBITDA is -$41.5M. |
| What is the current EV/Revenue multiple of Surf Air? | Current revenue multiple of Surf Air is 1.0x. |
| What is the current EV/EBITDA multiple of Surf Air? | Current EBITDA multiple of Surf Air is -2.8x. |
| What is the current revenue growth of Surf Air? | Surf Air revenue growth between 2023 and 2024 was 97%. |
| Is Surf Air profitable? | Yes, Surf Air is EBITDA-positive (as of the last 12 months). |
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