Company profile
Ticker
JETBF, JETMF
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Global Crossing Airlines Holdings, Inc. • Global Crossing Airlines, Inc. • GlobalX Travel Technologies, Inc. • UrbanX Air Mobility, Inc. • Global Crossing Airlines Operations, LLC • GlobalX Colombia S.A.S. • GlobalX Air Tours, LLC • Charter Air Solutions, LLC ...
IRS number
981350261
Latest filings (excl ownership)
S-1/A
IPO registration (amended)
12 Apr 24
8-K/A
Departure of Directors or Certain Officers
13 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Global Crossing Airlines, the Nation’s Fastest Growing Charter Airline, Achieves Record Annual Revenues
6 Mar 24
8-K
Nation’s fastest-growing passenger charter airline announces changes to its Board and Management Team
7 Feb 24
8-K/A
Entry into a Material Definitive Agreement
26 Dec 23
S-1
IPO registration
21 Dec 23
8-K
Submission of Matters to a Vote of Security Holders
15 Dec 23
8-K
Global Crossing Airlines Achieves Record Third Quarter Revenues and EBITDAR
9 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
Latest ownership filings
4
Change in insider ownership
16 Apr 24
3
Initial statement of insider ownership
16 Apr 24
SC 13G/A
Red Oak Partners, LLC
16 Apr 24
SC 13G/A
Red Oak Partners, LLC
15 Feb 24
5
Joseph Jr. DaGrosa
15 Feb 24
5
Joseph Jr. DaGrosa
15 Feb 24
SC 13G/A
DaGrosa Joseph Jr.
14 Feb 24
4
Cordia Harrington
25 Jan 24
SC 13D/A
AXAR CAPITAL MANAGEMENT L.P.
26 Dec 23
4
Andrew Axelrod
26 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 17.30 mm | 17.30 mm | 17.30 mm | 17.30 mm | 17.30 mm | 17.30 mm |
Cash burn (monthly) | (no burn) | (no burn) | 776.66 k | 1.59 mm | 3.46 mm | 987.03 k |
Cash used (since last report) | n/a | n/a | 5.19 mm | 10.62 mm | 23.08 mm | 6.59 mm |
Cash remaining | n/a | n/a | 12.11 mm | 6.68 mm | -5.78 mm | 10.71 mm |
Runway (months of cash) | n/a | n/a | 15.6 | 4.2 | -1.7 | 10.8 |
Institutional ownership, Q3 2023
79.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 2.64 mm |
Total shares | 10.25 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Axar Capital Management | 5.00 mm | $0.00 |
Red Oak Partners | 2.18 mm | $2.64 mm |
Alterna Capital Partners | 2.02 mm | $0.00 |
Joseph Jr. DaGrosa | 1.05 mm | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Red Oak Partners | Common Stock | Buy | Acquire P | Yes | No | 0.38 | 273,872 | 104.07 k | 1,706,300 |
11 Apr 24 | Red Oak Partners | Common Stock | Buy | Acquire P | Yes | No | 0.38 | 448,709 | 170.51 k | 2,799,237 |
23 Jan 24 | Cordia Harrington | Class A Non-Voting Common Stock | Sell | Dispose S | Yes | No | 1.34 | 5,537,313 | 7.42 mm | 0 |
23 Jan 24 | Cordia Harrington | Common Stock | Sell | Dispose S | Yes | No | 1.29 | 800,000 | 1.03 mm | 0 |
29 Dec 23 | Joseph Jr. DaGrosa | Common Stock | Sell | Dispose S | No | No | 0.79 | 4,000 | 3.16 k | 690,347 |
28 Dec 23 | Joseph Jr. DaGrosa | Common Stock | Sell | Dispose S | No | No | 0.81 | 61,500 | 49.82 k | 694,347 |
21 Dec 23 | Joseph Jr. DaGrosa | Common Stock | Sell | Dispose S | No | No | 0.82 | 9,000 | 7.38 k | 755,847 |
18 Dec 23 | Joseph Jr. DaGrosa | Common Stock | Sell | Dispose S | No | No | 0.81 | 5,500 | 4.46 k | 764,847 |
17 Dec 23 | Joseph Jr. DaGrosa | Common Stock | Sell | Dispose S | No | No | 0.45 | 1,500,000 | 675.00 k | 770,347 |
15 Dec 23 | Joseph Jr. DaGrosa | Common Stock | Sell | Dispose S | No | No | 0.85 | 1,000 | 850.00 | 2,270,347 |