GlobalX posts audited 2025 results, net loss narrows to USD 2.62 million
- Global Crossing Airlines Group published audited financial results for fiscal 2025 in a Form 10-K/A filing dated June 10, 2026.
- Net loss USD 2.62 million, versus USD 11.39 million a year earlier; revenue USD 246.35 million, up from USD 223.75 million.
- Operating income USD 8.91 million, versus an operating loss of USD 1.13 million; interest expense rose to USD 11.51 million from USD 8.96 million.
- Unrestricted cash USD 16.69 million at Dec. 31, 2025; working capital deficit USD 60.5 million; retained deficit USD 73.6 million.
- No cash dividends declared on common stock; subsidiary distributions to a noncontrolling interest totaled USD 468,000, up from USD 225,000.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Crossing Airlines Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-265739), on June 10, 2026, and is solely responsible for the information contained therein.
