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Stock impact report

Surf Air Mobility Inc (SRFM) Q3 2025 Earnings Call Highlights: Strategic Financing and Revenue ... [Yahoo! Finance]

Surf Air Mobility Inc. (SRFM) 
Company Research Source: Yahoo! Finance
For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Surf Air Mobility Inc ( NYSE:SRFM ) has improved its capital structure and deleveraged its balance sheet by reducing debt by $52 million through paydowns and conversions to equity. The company secured a $100 million strategic financing, including $26 million for the development and commercialization of Surf OS, and a $74 million zero coupon convertible note to refinance debt. Surf Air Mobility Inc ( NYSE:SRFM ) achieved its seventh consecutive quarter of meeting or exceeding revenue and adjusted EBITDA guidance, with third-quarter revenue of $29.2 million exceeding expectations. The on-demand business saw a 40% increase in revenue compared to the previous year, driven by a shift to larger aircraft and international flights, resulting in a 14% increase in revenue per flight. The company has entered a five-year exclusive partnership with Palantir to develop AI Show less Read more
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