Page 35 - C:\Users\Chris Patches\My ShareSync\Virtual Events\2024 - TMT Consumer\Book\Flip Output\

Global Crossing Airlines Group Inc.

SELECTED FINANCIAL ITEMS JET
(in millions of USD)
CQ2 '23 CQ3 '23 CQ4 '23 CQ1 '24 LTM
Income Statement Key Items
Total Revenue 31.48 42.58 53.92 53.84 181.81
Gross Profit (0.55) 4.72 8.62 6.26 19.05
Gross Margin -2% 11% 16% 12% 10%
EBIT (6.78) (2.33) (1.23) (4.62) (14.96)
EBIT Margin -22% -5% -2% -9% -8%
Net Income to Common Shareholders (7.47) (4.89) (2.35) (6.38) (21.09)
Net Margin -24% -11% -4% -12% -12%

Balance Sheet Key Items
Total Assets 95.11 107.74 131.33 150.46 150.46
Cash & Short Term Investments 4.16 13.04 11.60 8.30 8.30
% of Assets 4% 12% 9% 6% 6%
Current Assets -Total 17.54 28.61 30.59 21.00 21.00
% of Assets 18% 27% 23% 14% 14%
Total Liabilities 113.20 126.33 151.20 176.37 176.37
% of Assets 119% 117% 115% 117% 117%
Current Liabilities - Total 54.83 42.61 53.03 52.20 52.20
% of Assets 58% 40% 40% 35% 35%
Long Term Debt 0.60 28.81 29.17 29.33 29.33
% of Assets 1% 27% 22% 19% 19%
Total Equity (18.10) (18.59) (19.87) (25.90) (25.90)
% of Assets -19% -17% -15% -17% -17%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 4.31 (10.37) 5.38 (2.13) (2.82)
Net Cash Flow - Investing (2.91) (3.74) (5.41) (3.25) (15.30)
Net Cash Flow - Financing (0.20) 22.98 0.41 (0.23) 22.96

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets Emerging Growth Consumer / Entertainment / Media Conference