JETMF
Global Crossing Airlines Group Inc.
Price Chart
Latest Quote
$0.65
| Previous Close | $0.66 |
| Open | $0.67 |
| Day High | $0.68 |
| Day Low | $0.67 |
| Volume | 26,900 |
Stock Information
| Shares Outstanding | 52.19M |
| Total Debt | $168.04M |
| Cash Equivalents | $16.91M |
| Revenue | $256.31M |
| Net Income | $-514K |
| Sector | Industrials |
| Industry | Airlines |
| Market Cap | $43.57M |
| EPS (TTM) | $-0.01 |
| Exchange | OQB |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $194.86M |
| Sales | $256.31M |
| Income | $-514K |
| Book/sh | $-0.40 |
| Cash/sh | $0.32 |
| Employees | 661 |
Financial Ratios
| Quick Ratio | 0.23 |
| Current Ratio | 0.31 |
| EPS Growth TTM | 1647.40% |
Returns & Margins
| ROA | 4.01% |
| Gross Margin | 23.84% |
| Operating Margin | 7.97% |
| Profit Margin | -0.20% |
Ownership
| Insider Ownership | 24.13% |
| Institutional Ownership | 28.00% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| PEG | 0.95 |
| P/S | 0.17 |
| P/B | -1.65 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.76 |
| SMA50 | $0.73 |
| SMA200 | $0.64 |
| RSI | 30.82 |
| ATR | 0.0506 |
| Shares Float | 45.04M |
| Short Float | 0.28% |
| Short Ratio | 0.58 |
| Volatility | 0.84 |
| Rel Volume | 0.87 |
Performance History
| Week | -9.44% |
| Month | -14.66% |
| Quarter | +45.21% |
| 6 Months | +8.49% |
| YTD | +7.24% |
| Year | +11.45% |
| 3 Years | -35.12% |
| 5 Years | -68.04% |
| 10 Years | -11.53% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-25 | $0.65 | 58,100 |
| 2026-06-24 | $0.66 | 186,200 |
| 2026-06-23 | $0.62 | 102,000 |
| 2026-06-22 | $0.67 | 27,800 |
| 2026-06-18 | $0.73 | 59,100 |
| 2026-06-17 | $0.72 | 32,700 |
| 2026-06-16 | $0.79 | 120,700 |
| 2026-06-15 | $0.72 | 55,100 |
| 2026-06-12 | $0.76 | 21,100 |
| 2026-06-11 | $0.80 | 46,900 |
| 2026-06-10 | $0.79 | 17,600 |
| 2026-06-09 | $0.77 | 2,400 |
| 2026-06-08 | $0.81 | 3,100 |
| 2026-06-05 | $0.81 | 14,700 |
| 2026-06-04 | $0.83 | 68,300 |
| 2026-06-03 | $0.86 | 181,100 |
| 2026-06-02 | $0.80 | 51,000 |
| 2026-06-01 | $0.80 | 158,100 |
| 2026-05-29 | $0.82 | 24,300 |
| 2026-05-28 | $0.80 | 98,300 |
| 2026-05-27 | $0.75 | 37,100 |
| 2026-05-26 | $0.76 | 65,800 |
About Global Crossing Airlines Group Inc.
Global Crossing Airlines Group Inc. provides air transport services in the United States, Europe, Canada, the Caribbean Islands, and Central and South America. It operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. The company is involved in the provision of aircraft, crew, maintenance, and insurance services using wet lease contracts to airlines and non-airlines; and cargo and passenger aircraft charter services. It also leases office space; operates its ticket counters; and maintains a maintenance office for its maintenance staff and for storage of aircraft records, spare parts, and consumables. As of December 31, 2025, its fleet consisted of sixteen passenger aircraft and four cargo aircraft. Global Crossing Airlines Group Inc. is headquartered in Miami, Florida.
đ° Latest News
GlobalX Airlines accuses shareholder of undermining cargo business
FreightWaves âĸ 2026-06-02T14:31:35ZJETMF vs. FLYX: Which Aviation Services Stock Is the Better Buy Now?
Zacks âĸ 2026-06-01T15:16:00ZZacks Initiates Coverage of GlobalX With Neutral Recommendation
Zacks âĸ 2026-05-28T12:27:00ZGlobal Crossing Airlines Group Inc (JETMF) Q4 2025 Earnings Call Highlights: Achieving First ...
GuruFocus.com âĸ 2026-03-05T21:02:13ZGlobalX Airlines shelves 2 Airbus cargo aircraft amid thin demand
FreightWaves âĸ 2026-03-05T18:04:49ZDHL extends short-term cargo contract with Global Crossing Airlines
FreightWaves âĸ 2025-08-22T13:01:13ZIncome Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $188,372,000 | $148,568,000 | $89,873,683 | $21,280,721 |
| Cost Of Revenue | $188,372,000 | $148,568,000 | $89,873,683 | $21,280,721 |
| Total Revenue | $223,751,000 | $160,122,000 | $97,110,205 | $14,292,472 |
| Operating Revenue | $223,751,000 | $160,122,000 | $97,110,205 | $14,292,472 |
| Expenses | ||||
| Interest Expense | $8,955,000 | $4,916,000 | $1,621,932 | $31,043 |
| Total Expenses | $224,879,000 | $175,990,000 | $108,346,747 | $31,452,756 |
| Rent Expense Supplemental | $57,677,000 | $33,632,000 | $15,614,081 | $4,149,871 |
| Other Income Expense | $-1,300,000 | - | $-2,962,523 | $-2,804,892 |
| Net Non Operating Interest Income Expense | $-8,955,000 | $-4,916,000 | $-1,621,932 | $-31,043 |
| Interest Expense Non Operating | $8,955,000 | $4,916,000 | $1,621,932 | $31,043 |
| Operating Expense | $36,507,000 | $27,422,000 | $18,473,064 | $10,172,035 |
| Other Operating Expenses | $30,318,000 | $22,413,000 | $14,892,687 | $8,458,279 |
| General And Administrative Expense | $6,189,000 | $5,009,000 | $3,580,377 | $1,713,756 |
| Other Non Operating Income Expenses | - | - | $-3,058,938 | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-11,472,000 | $-21,011,000 | $-15,820,997 | $-19,996,219 |
| Net Interest Income | $-8,955,000 | $-4,916,000 | $-1,621,932 | $-31,043 |
| Normalized Income | $-10,445,000 | $-21,011,000 | $-15,917,412 | $-17,191,327 |
| Net Income From Continuing And Discontinued Operation | $-11,472,000 | $-21,011,000 | $-15,820,997 | $-19,818,513 |
| Total Operating Income As Reported | $-1,128,000 | $-15,868,000 | $-11,236,542 | $-17,160,284 |
| Net Income Common Stockholders | $-11,472,000 | $-21,011,000 | $-15,820,997 | $-19,818,513 |
| Net Income | $-11,472,000 | $-21,011,000 | $-15,820,997 | $-19,818,513 |
| Net Income Including Noncontrolling Interests | $-11,385,000 | $-20,786,000 | $-15,820,997 | $-19,818,513 |
| Net Income Continuous Operations | $-11,385,000 | $-20,786,000 | $-15,820,997 | $-19,996,219 |
| Pretax Income | $-11,383,000 | $-20,784,000 | $-15,820,997 | $-19,996,219 |
| Special Income Charges | $-1,300,000 | $0 | $0 | $177,706 |
| Operating Income | $-1,128,000 | $-15,868,000 | $-11,236,542 | $-17,160,284 |
| Gross Profit | $35,379,000 | $11,554,000 | $7,236,522 | $-6,988,249 |
| Net Income Discontinuous Operations | - | - | $0 | $177,706 |
| Interest Income | - | - | - | $515 |
| Interest Income Non Operating | - | - | - | $515 |
| Per Share | ||||
| Diluted EPS | $-0.19 | $-0.37 | $-0.30 | $-0.43 |
| Basic EPS | $-0.19 | $-0.37 | $-0.30 | $-0.43 |
| Other | ||||
| Tax Effect Of Unusual Items | $-273,000 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $19,443,000 | $-5,402,000 | $-8,888,935 | $-15,971,518 |
| Total Unusual Items | $-1,300,000 | $0 | $96,415 | $-2,804,892 |
| Total Unusual Items Excluding Goodwill | $-1,300,000 | $0 | $96,415 | $-2,804,892 |
| Reconciled Depreciation | $20,571,000 | $10,466,000 | $5,406,545 | $1,188,766 |
| EBITDA (Bullshit earnings) | $18,143,000 | $-5,402,000 | $-8,792,520 | $-18,776,410 |
| EBIT | $-2,428,000 | $-15,868,000 | $-14,199,065 | $-19,965,176 |
| Diluted Average Shares | $60,359,587 | $56,763,879 | $52,074,647 | $46,185,089 |
| Basic Average Shares | $60,359,587 | $56,763,879 | $52,074,647 | $46,185,089 |
| Diluted NI Availto Com Stockholders | $-11,472,000 | $-21,011,000 | $-15,820,997 | $-19,818,513 |
| Minority Interests | $-87,000 | $-225,000 | $0 | - |
| Tax Provision | $2,000 | $2,000 | $0 | $0 |
| Gain On Sale Of Business | $-1,300,000 | $0 | $0 | $177,706 |
| Selling General And Administration | $6,189,000 | $5,009,000 | $3,580,377 | $1,713,756 |
| Insurance And Claims | $6,189,000 | $5,009,000 | $3,580,377 | $1,713,756 |
| Gain On Sale Of Security | - | - | $96,415 | $-2,804,892 |
| Other Gand A | - | - | - | $961,258 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-29,555,000 | $-20,092,000 | $-7,255,667 | $4,245,830 |
| Total Assets | $166,739,000 | $131,330,000 | $51,163,973 | $39,073,666 |
| Total Non Current Assets | $143,387,000 | $100,737,000 | $39,439,675 | $29,402,753 |
| Other Non Current Assets | $4,229,000 | $1,717,000 | $632,790 | $6,115,562 |
| Non Current Prepaid Assets | $11,552,000 | $12,506,000 | $5,702,089 | $6,115,562 |
| Non Current Accounts Receivable | $27,489,000 | $4,108,000 | $2,710,899 | - |
| Current Assets | $23,352,000 | $30,593,000 | $11,724,298 | $9,670,913 |
| Other Current Assets | $2,142,000 | $2,552,000 | $2,193,449 | $931,266 |
| Assets Held For Sale Current | $489,000 | $184,000 | $1,405,741 | $0 |
| Restricted Cash | $1,698,000 | $6,080,000 | $3,585,261 | $2,752,285 |
| Receivables | $6,678,000 | $10,181,000 | $2,664,174 | $745,646 |
| Accounts Receivable | $6,678,000 | $10,181,000 | $2,664,174 | $745,646 |
| Allowance For Doubtful Accounts Receivable | $-600,000 | $-100,000 | $-104,406 | $0 |
| Gross Accounts Receivable | $7,278,000 | $10,281,000 | $2,768,580 | $745,646 |
| Cash Cash Equivalents And Short Term Investments | $12,345,000 | $11,596,000 | $1,875,673 | $5,241,716 |
| Cash And Cash Equivalents | $12,345,000 | $11,596,000 | $1,875,673 | $5,241,716 |
| Non Current Deferred Assets | - | - | - | $6,198,338 |
| Prepaid Assets | - | - | - | $848,490 |
| Debt | ||||
| Net Debt | $17,384,000 | $17,579,000 | $5,016,089 | - |
| Total Debt | $149,952,000 | $111,874,000 | $36,863,039 | $25,092,331 |
| Long Term Debt And Capital Lease Obligation | $130,039,000 | $97,625,000 | $28,271,129 | $20,125,834 |
| Long Term Debt | $29,729,000 | $29,175,000 | $5,081,294 | - |
| Current Debt And Capital Lease Obligation | $19,913,000 | $14,249,000 | $8,591,910 | $4,966,497 |
| Current Debt | - | - | $1,810,468 | $1,573,000 |
| Other Current Borrowings | - | - | $1,810,468 | $1,573,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $196,207,000 | $151,197,000 | $58,419,640 | $34,827,836 |
| Total Non Current Liabilities Net Minority Interest | $130,325,000 | $98,171,000 | $30,554,020 | $20,125,834 |
| Other Non Current Liabilities | $286,000 | $546,000 | $2,282,891 | $83,491 |
| Current Liabilities | $65,882,000 | $53,026,000 | $27,865,620 | $14,702,002 |
| Current Deferred Liabilities | $12,983,000 | $13,831,000 | $4,818,001 | $3,259,592 |
| Payables And Accrued Expenses | $32,986,000 | $24,946,000 | $14,455,709 | $6,475,913 |
| Payables | $18,822,000 | $9,798,000 | $6,644,399 | $2,773,443 |
| Total Tax Payable | $6,254,000 | $2,317,000 | $1,647,319 | $517,021 |
| Accounts Payable | $12,568,000 | $7,481,000 | $4,997,080 | $2,058,864 |
| Other Current Liabilities | - | - | $1 | - |
| Liabilities Heldfor Sale Non Current | - | - | - | $0 |
| Non Current Deferred Liabilities | - | - | - | $0 |
| Non Current Deferred Taxes Liabilities | - | - | - | $0 |
| Equity | ||||
| Common Stock Equity | $-29,555,000 | $-20,092,000 | $-7,255,667 | $4,245,830 |
| Total Equity Gross Minority Interest | $-29,468,000 | $-19,867,000 | $-7,255,667 | $4,245,830 |
| Stockholders Equity | $-29,555,000 | $-20,092,000 | $-7,255,667 | $4,245,830 |
| Retained Earnings | $-70,566,000 | $-59,094,000 | $-38,083,304 | $-22,262,307 |
| Other | ||||
| Ordinary Shares Number | $61,758,727 | $58,925,871 | $53,440,482 | $51,237,876 |
| Share Issued | $61,758,727 | $58,925,871 | $53,440,482 | $51,237,876 |
| Tangible Book Value | $-29,555,000 | $-20,092,000 | $-7,255,667 | $4,245,830 |
| Invested Capital | $174,000 | $9,083,000 | $-363,905 | $5,818,830 |
| Working Capital | $-42,530,000 | $-22,433,000 | $-16,141,322 | $-5,031,089 |
| Capital Lease Obligations | $120,223,000 | $82,699,000 | $29,971,277 | $23,519,331 |
| Total Capitalization | $174,000 | $9,083,000 | $-2,174,373 | $4,245,830 |
| Minority Interest | $87,000 | $225,000 | $0 | - |
| Additional Paid In Capital | $40,951,000 | $38,943,000 | $30,774,197 | $26,456,900 |
| Capital Stock | $60,000 | $59,000 | $53,440 | $51,237 |
| Common Stock | $60,000 | $59,000 | $53,440 | $51,237 |
| Long Term Capital Lease Obligation | $100,310,000 | $68,450,000 | $23,189,835 | $20,125,834 |
| Current Deferred Revenue | $12,983,000 | $13,831,000 | $4,818,001 | $3,259,592 |
| Current Capital Lease Obligation | $19,913,000 | $14,249,000 | $6,781,442 | $3,393,497 |
| Current Accrued Expenses | $14,164,000 | $15,148,000 | $7,811,310 | $3,702,470 |
| Net PPE | $100,117,000 | $82,406,000 | $30,393,897 | $23,287,191 |
| Accumulated Depreciation | $-1,821,000 | $-627,000 | $-209,758 | - |
| Gross PPE | $101,938,000 | $83,033,000 | $30,603,655 | $23,287,191 |
| Leases | $2,880,000 | $972,000 | $168,588 | - |
| Other Properties | $96,466,000 | $79,950,000 | $28,971,251 | $23,287,191 |
| Machinery Furniture Equipment | $2,592,000 | $2,111,000 | $1,463,816 | $22,668,308 |
| Treasury Shares Number | - | $0 | - | - |
| Dueto Related Parties Current | - | - | $0 | $197,558 |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $853,000 | $-5,421,000 | $-5,512,717 | $-11,451,008 |
| Operating Activities | ||||
| Operating Cash Flow | $8,071,000 | $-1,379,000 | $-3,601,048 | $-10,798,258 |
| Cash Flow From Continuing Operating Activities | $8,071,000 | $-1,379,000 | $-3,601,048 | $-10,975,964 |
| Operating Gains Losses | $173,000 | $-297,000 | $-287,945 | $2,804,892 |
| Cash From Discontinued Operating Activities | - | - | $0 | $177,706 |
| Investing Activities | ||||
| Capital Expenditure | $-7,218,000 | $-4,042,000 | $-1,911,669 | $-652,750 |
| Investing Cash Flow | $-9,993,000 | $-13,186,000 | $-5,158,704 | $-652,750 |
| Cash Flow From Continuing Investing Activities | $-9,993,000 | $-13,186,000 | $-5,158,704 | $-652,750 |
| Net Other Investing Changes | $-2,775,000 | $-9,144,000 | $-3,247,035 | - |
| Financing Activities | ||||
| Issuance Of Capital Stock | $329,000 | $1,872,000 | $802,325 | $19,032,172 |
| Financing Cash Flow | $-1,711,000 | $26,780,000 | $6,226,685 | $18,896,319 |
| Cash Flow From Continuing Financing Activities | $-1,711,000 | $26,780,000 | $6,226,685 | $18,927,735 |
| Net Other Financing Charges | $-225,000 | - | - | $-104,437 |
| Net Common Stock Issuance | $329,000 | $1,872,000 | $802,325 | $19,032,172 |
| Common Stock Issuance | $329,000 | $1,872,000 | $802,325 | $19,032,172 |
| Cash From Discontinued Financing Activities | - | - | $0 | $-31,416 |
| Other | ||||
| Repayment Of Debt | $-1,815,000 | $-10,382,000 | $-501,169 | $0 |
| Issuance Of Debt | $0 | $35,290,000 | $5,925,529 | $0 |
| Interest Paid Supplemental Data | $8,137,000 | $753,000 | $622,439 | $31,558 |
| End Cash Position | $14,043,000 | $17,676,000 | $5,460,934 | $7,994,001 |
| Beginning Cash Position | $17,676,000 | $5,461,000 | $7,994,001 | $548,690 |
| Changes In Cash | $-3,633,000 | $12,215,000 | $-2,533,067 | $7,445,311 |
| Net Issuance Payments Of Debt | $-1,815,000 | $24,908,000 | $5,424,360 | $0 |
| Net Long Term Debt Issuance | $-1,815,000 | $24,908,000 | $5,424,360 | $0 |
| Long Term Debt Payments | $-1,815,000 | $-10,382,000 | $-501,169 | $0 |
| Long Term Debt Issuance | $0 | $35,290,000 | $5,925,529 | $0 |
| Net PPE Purchase And Sale | $-7,218,000 | $-4,042,000 | $-1,911,669 | $-652,750 |
| Purchase Of PPE | $-7,218,000 | $-4,042,000 | $-1,911,669 | $-652,750 |
| Change In Working Capital | $-7,142,000 | $5,430,000 | $1,953,175 | $3,772,184 |
| Change In Other Current Liabilities | $-17,809,000 | $-7,686,000 | $-3,788,847 | $-312,859 |
| Change In Other Current Assets | $-364,000 | $1,666,000 | $-340,561 | $0 |
| Change In Payables And Accrued Expense | $7,380,000 | $19,518,000 | $9,291,523 | $8,001,666 |
| Change In Accrued Expense | $2,104,000 | $17,153,000 | $6,353,307 | $5,929,292 |
| Change In Payable | $5,276,000 | $2,365,000 | $2,938,216 | $2,072,374 |
| Change In Account Payable | $5,276,000 | $2,365,000 | $2,938,216 | $2,072,374 |
| Change In Prepaid Assets | $410,000 | $-322,000 | $-1,262,183 | $-3,170,977 |
| Change In Receivables | $3,241,000 | $-7,746,000 | $-1,946,757 | $-745,646 |
| Changes In Account Receivables | $3,241,000 | $-7,746,000 | $-1,946,757 | $-745,646 |
| Other Non Cash Items | $3,692,000 | $1,337,000 | $3,541,882 | $1,154,477 |
| Stock Based Compensation | $1,680,000 | $2,465,000 | $1,386,533 | $1,254,413 |
| Asset Impairment Charge | $482,000 | $6,000 | $219,759 | $0 |
| Depreciation Amortization Depletion | $20,571,000 | $10,466,000 | $5,406,545 | $1,188,766 |
| Depreciation And Amortization | $20,571,000 | $10,466,000 | $5,406,545 | $1,188,766 |
| Depreciation | $20,571,000 | $10,466,000 | $5,406,545 | $1,188,766 |
| Gain Loss On Sale Of PPE | $0 | $136,000 | $0 | - |
| Net Income From Continuing Operations | $-11,385,000 | $-20,786,000 | $-15,820,997 | $-19,996,219 |
| Net Foreign Currency Exchange Gain Loss | - | $0 | $-96,415 | $154,120 |
| Income Tax Paid Supplemental Data | - | - | - | $0 |
| Net Investment Purchase And Sale | - | - | - | $-2,684,307 |
| Purchase Of Investment | - | - | - | $-2,684,307 |
| Gain Loss On Investment Securities | - | - | - | $2,650,772 |