Global Crossing Airlines Group Inc.

Growing US narrow-body ACMI/charter airline with positive operating cash flow but weak liquidity and cargo drag.

Strengths

• Positive operating margin (73rd pct), OCF margin (64th pct) and double-digit revenue growth (58th pct)
• Generated positive FCF ($16M) and high ROE percentile (77th)

Risks

• Current/quick ratios of 0.34 (8th pct) and low cash (8th pct) signal liquidity strain
• Net income down 73% (19th pct), slim negative net margin, and persistent cargo-segment losses

Notable findings

• Net lossNet loss (net margin -1.2%)
• Weak liquidityCurrent ratio 0.34 (<1)
• Chronic dilutionShare count +9%/yr over 3y (dilution)