Event-Driven Stocks

Global Crossing Airlines Group Inc.

JETMFOTC

Industrials · Air Transportation, Scheduled · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 4 good● 2 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21
Revenue$246.3M$223.8M$160.1M$97.1M$14.3M
Operating income$8.9M−$1.1M−$15.9M−$11.2M−$17.2M
Net income−$3.1M−$11.5M−$21.0M−$15.8M−$19.8M
Total assets$203.1M$166.7M$131.3M$51.2M$39.1M
Total liabilities$232.5M$196.2M$151.2M$58.4M$34.8M
Equity−$29.5M−$29.6M−$20.1M−$7.3M$4.2M
EPS (diluted)$-0.05$-0.19$-0.37$-0.30$-0.43
Shares out.64.1M61.8M58.9M53.4M51.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
3.6%
Net margin
−1.2%
Return on equity
10.3%
Return on assets
−1.5%
Return on capital (ROCE)
8.0%
Liabilities / assets
114.5%
Debt / equity
—
Book value / share
$-0.46
Revenue growth (YoY)
10.1%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-2.97distress
Accruals / assets
−15.3%clean
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
65
/ 100
Profitability 60Growth 100Catalyst 67Earnings quality 100Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 2 severe● 2 warning● 4 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202637,7481.0+3.5%
Apr 30, 202636,4801.0-89.5%
Apr 15, 2026347,2531.3+4.9%
Mar 31, 2026331,0021.9+20.1%
Mar 13, 2026275,6732.6+45.8%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.