Post by
mjh9413 on Mar 24, 2023 2:45pm
NUMBERS
Been watching this since it started and nain wonder was if it could make significant profits.
Good to see rev numbers with Cuba deal and amkes me wonder what $145MM proj reveune would entail, Well, if they make ~$25k per flight for that $30MM deal and extraploate that to 12/5 plane numbers, that wud mean each plane has to do 6.53 flights a week, though this assumes 5 freighters make same money per flight.as charters. That's full throttle to me but what says more to me is the operating COSTS from their Edgar filing. Not sure everything is relative but that $97MM rev had $93MM in visible direct operating costs(out of $108MM total operating costs not to mention another $.5MM in non-operating cash costs including interest). with negative cash flow of $6MM from oper activities. Can they be free cash flow positive?
I need to see when growth to 12/5 is closer. Just MO
Comment by
t898an on Mar 26, 2023 1:30am
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