Premier Air Charter Holdings Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Premier Air Charter Holdings Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2024
FY2024
FY2025
Revenue
20.2
20.8
31.9
Cost of revenue
17
18.4
28.5
Gross profit
3.16
2.39
3.39
Selling, general and administrative
1.64
1.99
4.38
General and administrative
0
0.07
0
0.17
0.17
0.1
0.1
Operating expenses
0
11.1
2.03
0.46
3.42
0.18
3.55
6.09
Operating income
-0
-11.1
-2.03
-0.46
-0.26
-0.18
-1.15
-2.7
Interest expense
0.14
0
0
0.17
0.57
0.2
0.08
0.13
0.85
1.36
Other non-operating income
-0.88
-0.44
-1.29
0.11
-0.22
-1.04
-1.17
Pre-tax income
0.17
-0.07
-0.01
-12
-2.47
-1.75
-0.4
Income tax
0
0
0
Net income
0.17
-0.07
-0.01
-12
-2.47
-1.75
-0.14
-0.4
-2.19
-3.87
EBITDA
-0.24
-0.93
-1.95
EPS, basic
-0.00
0.00
0.00
-0.02
0.00
-0.01
-0.01
EPS, diluted
-0.00
0.00
0.00
-0.02
0.00
-0.01
-0.01
Shares, basic (weighted)
39.4
288
497
527
238
238
272
Shares, diluted (weighted)
39.4
288
497
527
238
238
272
Balance sheet
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2024
FY2024
FY2025
Cash and equivalents
0
0
0
0.12
0.02
0.03
0.01
0
0
0.21
Receivables
0.31
0.35
2.9
Other current assets
0
0.01
0.12
0.01
0.01
0.33
Total current assets
0
0
0
0.13
0.29
0.04
0.92
0.01
1
3.73
Property, plant and equipment
0.09
6.44
8.41
Lease right-of-use assets
0
5.43
9.45
Total assets
0
0
0
0.23
0.29
0.04
6.94
0.01
27.8
36.1
Accounts payable
0.02
0.01
0.01
0.07
0
0.39
2.01
4.84
Accrued liabilities
0
0
0
0.06
Short-term debt
0.01
0.17
4.04
Total current liabilities
0.08
0.05
0.06
0.29
0.28
0.18
2.15
0.19
5.36
16.3
Long-term debt
0.08
3.67
0
Lease liabilities
0
4.14
7.48
Total liabilities
0.08
0.05
0.06
0.61
0.28
0.18
5.46
0.19
29.3
32.1
Total debt
0.09
3.84
0.49
Paid-in capital
0.43
0.35
0.35
11.4
15.4
16.9
0
17.2
0.04
0.08
Retained earnings
-0.83
-0.9
-0.9
-12.9
-15.4
-17.1
1.25
-17.5
-1.84
-5.75
Shareholders' equity
-0.08
-0.05
-0.05
-0.38
0.02
-0.15
1.48
1.54
-1.56
3.97
Total equity
-0.08
-0.05
-0.05
-0.38
0.02
-0.15
1.48
1.54
-1.56
3.97
Total liabilities and equity
0
0
0
0.23
0.29
0.04
6.94
0.01
27.8
36.1
Shares outstanding
47.7
497
497
550
23.8
24.7
238
30.2
238
281
Cash flow statement
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2024
FY2024
FY2025
Net income
0.17
-0.07
-0.01
-12
-2.47
-1.75
-0.14
-0.4
-2.19
-3.87
Depreciation and amortization
0.02
0.22
0.74
Stock-based compensation
10.7
1.54
0
0.04
Deferred income tax
0
-0.58
-1.05
Change in receivables
-0.18
-0.04
-4.28
Change in payables
0
0.01
-0
-0.06
0
-0.01
-0.39
0
1.65
3.24
Cash from operations
-0.01
-0.08
-0
-0.34
-0.4
-0.14
0.26
-0.12
3.09
1.15
Capital expenditures
-0.05
-1.49
-2.55
Cash from investing
-0.08
-0.05
-0.93
-2.82
Debt issued
0
0.12
0.59
Debt repaid
-0
-1.16
-1.05
Stock issued
0.1
Cash from financing
0.09
0.54
0.3
0.15
-0.75
0.09
-2.07
1.65
Net change in cash
-0.01
0
-0
0.12
-0.1
0.01
-0.54
-0.02
0.1
-0.01
Free cash flow
0.21
1.6
-1.4
Interest paid
0.05
0.25
1.36
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.03 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
11.2%
Gross profit / revenue.
Operating margin
-8.4%
Operating income / revenue.
EBITDA margin
-1.5%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-12.9%
Net income / revenue.
FCF margin
-5.9%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
0.5%
Cash from operations / revenue.
Return on equity (ROE)
-267.4%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-10.4%
Net income / average total assets.
Return on invested capital (ROIC)
-36.6%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue
14.5%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
0.1%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
6.4%
Capital expenditures / revenue.
D&A / revenue
6.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
53.6%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
41.6%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-62.7%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-187.7%
Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
29.9%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
14.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.25x
Current assets / current liabilities.
Quick ratio
0.20x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Debt / equity
2.86x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
11.2%
Total debt / total assets.
Liabilities / assets
96.1%
Total liabilities / total assets.
Net debt
$4.2M
Total debt - cash - short-term investments. Negative means more cash than debt.
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.01
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.11
Revenue / diluted weighted shares.
FCF per share
-$0.01
Free cash flow / diluted weighted shares.
Operating cash flow per share
$0.00
Cash from operations / diluted weighted shares.
Book value per share
$0.01
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.30x
Market cap / revenue.
P/B
6.25x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
6.25x
Market cap / tangible book value, when positive.
P/OCF
60.7x
Market cap / cash from operations, when positive.
EV/Sales
0.44x
Enterprise value / revenue.
FCF yield
-19.5%
Free cash flow / market cap.
Earnings yield
-42.8%
Net income / market cap (the inverse of P/E).
What was Premier Air Charter Holdings Inc.'s revenue in fiscal 2025?
Premier Air Charter Holdings Inc. reported revenue of $31.9M for fiscal 2025, 53.6% higher than the year before.
Was Premier Air Charter Holdings Inc. profitable in fiscal 2025?
No. It reported a net loss of $3.9M.
How much free cash flow did Premier Air Charter Holdings Inc. generate in fiscal 2025?
Cash from operations of $1.2M minus capital expenditures of $2.6M left free cash flow of -$1.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.