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Financial Results | Jet.AI 2025 Q1 Revenue USD 3.47 Million Net Loss USD 3.17 Million
ByAinvest
Friday, May 16, 2025 2:00 am ET1min read
Jet.AI(JTAI) posted the Q1 of its 2025 financial results on 5/15/2025, reporting total revenue of USD 3.47 million in the first quarter, down 9.72% from USD 3.85 million year over year, reporting net loss of USD 3.17 million in the first quarter, narrowing 1.83% from USD -3.23 million year over year. The EPS is USD -1.85 in the frist quater, compare with USD -64.08 last period.
[Detailed Data]
| Million USD | Q1 2025 | Q4 2024 | Q3 2024 | Q4 2024 |
|---|---|---|---|---|
| Total Revenue | 3.47 | 3.17 | 3.92 | 3.17 |
| Cost of Sales | 3.59 | 3.58 | 3.93 | 3.58 |
| Gross Profit | -0.12 | -0.41 | -0.01 | -0.41 |
| Total Operating Expenses | 3.06 | 2.99 | 2.87 | 2.99 |
| Operating Income | -3.17 | -3.40 | -2.88 | -3.40 |
| Net Income | -3.17 | -3.40 | -2.88 | -3.40 |
| Net Income Attributable to Common Shareholders | -3.17 | -3.43 | -3.44 | -3.43 |
| EPS(USD) | -1.85 | -2.1064 | -43.82 | -2.1064 |
[Company Profile]
Jet.AI Inc. was formed on June 4, 2018 on Delaware. Jet.AI operates in two segments, Software and Aviation, respectively. The Software segment features the B2C CharterGPT app and the B2B Jet.AI Operator platform. The CharterGPT app uses natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of stand-alone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet card, on-fleet charter, management, and buyer's brokerage. Jet.AI is an official partner of the Las Vegas Golden Knights, 2023 NHL Stanley Cup champions.
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