Manages the Downtown Manhattan Heliport, a key urban aviation facility. Operates a Fixed-Base Operation (FBO) at Garden City Regional Airport, providing ground services. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
An average decline of 30% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
Executives buying with their own money is usually read as confidence in the company’s future.
angles, checked one by one.
The 4 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Revenue Growth: Sales are going backwards, not just slowing.
The stock trades 48% below its peak. The market has trimmed its expectations for the company.
There is $8.3M in the vault; even if every debt were paid off, $8.3M would remain.
Over the last 12 months, company executives reported 27 buys and 23 sells. Management buying with its own money is usually read as a good sign.
A loss of $1.1M against $1.3M in annual sales. And on top of that, sales fell from the year before.
Sales are going backwards, not just slowing. Council score: 2/10.
Since the drop from its peak, buyer appetite hasn’t come back. Council score: 2/10.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
One-line summary: few numbers, an untested story. Keep watching.
Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.