Core Insights - Stonegate Capital Partners has initiated coverage on Surf Air Mobility Inc. (NYSE: SRFM) [1] - Surf Air Mobility reported revenue of $28.0 million, adjusted EBITDA of ($6.9) million, and adjusted EPS of $1.27 for the quarter and full year [1] - The company exceeded both revenue and EBITDA guidance, driven by a 39% increase in On Demand service revenue over 4Q23 and a 28% increase for FY24 compared to FY23 [1][5] - Surf Air Mobility is transitioning from the Transformation Phase to the Optimization Phase, with expectations of improved profitability through strategic cost reductions and optimizations, particularly in the latter half of FY25 [1] Financial Performance - Revenue for the quarter and full year stood at $28.0 million [1] - Adjusted EBITDA was reported at ($6.9) million [1] - Adjusted EPS was $1.27 [1] Growth Indicators - On Demand service revenue increased by 39% compared to 4Q23 and 28% for FY24 compared to FY23 [1][5] - The company signed MOUs with seven customers to upgrade approximately 100 aircraft [5] - In 4Q24, Surf Air Mobility secured a $50.0 million term loan in addition to extending the maturity of its secured debt [5]

Sally Beauty Holdings (SBH) Q1 2025 Earnings Call February 13, 2025 08:30 AM ET Company Participants Jeff Harkins - Vice President of Investor Relations & Strategic PlanningDenise Paulonis - President and CEOMarlo Cormier - Senior VP & CFOOliver Chen - Managing Director - Retail, Luxury, New Platforms Sector HeadAlec Legg - Vice President , Equity ResearchAshley Helgans - Senior Vice PresidentOlivia Tong - Managing Director Conference Call Participants Korinne Wolfmeyer - Vice President & Senior Equity Rese ...