Jet.AI Inc. JTAI

Industrials SIC 4522 - Air Transportation, Nonscheduled NAICS Transportation and Warehousing › Air Transportation › Nonscheduled Air Transportation › Other Nonscheduled Air Transportation derived Nasdaq

business strategy combines concepts from fractional jet and charter jet programs with innovations in artificial intelligence, also referred

formed our company on June 4, 2018. We developed and, in September 2019, launched our booking platform represented by our iOS app Jet

Token, which originally functioned as a prospecting and quoting platform to arrange private jet travel with third party carriers. Following

our acquisition of HondaJets, we began selling jet cards and fractional ownership interests in our aircraft. In 2023, we launched an

Last close 1.01 2026-10-26
Market cap $3.6M 2026-06-30 share count
52-week range 1.00 - 536.00

Valuation FY2025 figures against the last close

P/S0.4x
P/E3.1x
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS0.33

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021
Revenue $9.2M$14.0M$12.2M$21.9M—
Cost of revenue $9.5M$15.0M$12.4M$19.8M—
Gross profit -$300.0K-$964.6K-$178.5K$2.1M—
R&D $244.2K$162.2K$160.9K$137.3K—
SG&A $8.7M$10.8M$11.6M$9.2M—
Total operating expenses $9.8M$11.6M$12.3M$9.8M—
Operating income -$10.1M-$12.6M-$12.5M-$7.7M—
Interest expense —$167.1K$103.6K——
Pre-tax income $4.6M-$12.7M-$12.6M-$7.7M—
Income tax ——$2.5K$2.4K—
Net income $4.6M-$12.7M-$12.6M-$7.7M—
EPS, basic 1.52-47.93-450.34-1.75—
EPS, diluted 0.33-47.93-450.34-1.75—
Shares, diluted (wtd. avg.) 13.8M279,20128,1194.4M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021
Cash and equivalents $1.8M$5.9M$2.1M$1.5M$614.4K
Receivables $97.3K$132.2K$96.5K——
Total current assets $2.2M$6.4M$3.2M$1.9M$614.5K
Property, plant and equipment $2.5K$5.1K$7.6K$5.8K—
Other intangibles $86.7K$86.7K$73.8K$155.0K—
Total assets $25.7M$10.8M$5.7M$4.9M$117.3M
Accounts payable $1.6M$280.4K$1.7M$242.9K—
Total current liabilities $3.7M$3.8M$7.0M$2.6M$18.0K
Total liabilities $3.7M$4.3M$9.7M$4.2M$11.1M
Retained earnings -$48.0M-$52.5M-$39.3M-$26.7M-$10.5M
Total equity $22.0M$6.5M-$3.9M$736.3K$897.5K

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021
Operating cash flow -$8.2M-$8.2M-$3.8M-$96.0K—
Depreciation and amortisation ——$135.3K$134.4K—
Stock-based compensation $1.6M$4.3M$6.6M$6.5M—
Capital expenditure —$12.9K$4.3K——
Investing cash flow -$5.1M-$2.4M-$191.0K$290.5K—
Financing cash flow $9.2M$14.4M$4.5M$689.5K—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-009165.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -20M -10M 0 10M 20M 30M Revenue, FY2022: 21.9M Gross profit, FY2022: 2.1M Net income, FY2022: -7.7M Revenue, FY2023: 12.2M Gross profit, FY2023: -178.5K Net income, FY2023: -12.6M Revenue, FY2024: 14M Gross profit, FY2024: -964.6K Net income, FY2024: -12.7M Revenue, FY2025: 9.2M Gross profit, FY2025: -300K Net income, FY2025: 4.6M FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2021FY2022FY2023FY2024FY2025
Revenue — $21.9M $12.2M $14.0M $9.2M
Gross profit — $2.1M -$178.5K -$964.6K -$300.0K
Net income — -$7.7M -$12.6M -$12.7M $4.6M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Other event Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Item 5.02
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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