flyExclusive(FLYX) - 2025 Q4 - Annual Results
flyExclusiveflyExclusive(US:FLYX)2026-02-09 13:03

Revenue Expectations - Record fourth quarter 2025 revenue is expected to be between $103.0 million and $106.0 million, representing an approximate 13% increase compared to $91.4 million in Q4 2024[6] - Full year 2025 revenue is expected to range between $374.0 million and $378.0 million, an increase of approximately 15% compared to full year 2024, achieved with approximately 14% fewer aircraft[6] Net Loss Projections - Net loss for Q4 2025 is expected to range between $(13.0) million and $(10.0) million, an improvement compared to a net loss of $(16.5) million in Q4 2024[6] - Full year 2025 net loss is expected to range between $(73.0) million and $(70.0) million, an improvement of approximately 30% compared to a $(101.5) million loss in 2024[6] Adjusted EBITDA - Fourth quarter 2025 Adjusted EBITDA is expected to range between $5.5 million and $8.0 million, marking the Company's first quarter of positive Adjusted EBITDA[6] - Full year 2025 Adjusted EBITDA is expected to range between $(8.5) million and $(5.0) million, representing an improvement of approximately $50 million from full year 2024[6] Financial Management - The Company reduced total long-term notes payable by more than $80 million compared to 2024 while maintaining cash position year-over-year[4] Strategic Investments - The investment in high-performing Challenger aircraft and improved fleet optimization contributed to historic top-line growth and significantly improved profitability[5] Customer Experience Enhancements - The Company has a Starlink dealership agreement, with installation in aircraft expected to begin in Q1 2026, enhancing customer experience[5] Upcoming Events - The Company plans to host a conference call on March 5, 2026, to discuss its financial results for Q4 and full year 2025[8]