Technology -
Software - Application - NASDAQ - US
$ 3.82
2.37 %
$ 9.75 M
Market Cap
0.27
P/E
1. INTRINSIC VALUE
2. FUNDAMENTAL
ANALYSIS
Price Chart JTAI
FINANCIALS
Balance Sheet
Jet.AI Inc.
| Current Assets | 6.36 M |
| Cash & Short-Term Investments | 5.87 M |
| Receivables | 132 K |
| Other Current Assets | 358 K |
| Non-Current Assets | 4.43 M |
| Long-Term Investments | 100 K |
| PP&E | 1.05 M |
| Other Non-Current Assets | 3.28 M |
| Current Liabilities | 3.79 M |
| Accounts Payable | 280 K |
| Short-Term Debt | 526 K |
| Other Current Liabilities | 2.98 M |
| Non-Current Liabilities | 496 K |
| Long-Term Debt | 496 K |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Jet.AI Inc.
| Revenue | 14 M |
| Cost Of Revenue | 15 M |
| Gross Profit | -965 K |
| Operating Expenses | 11.6 M |
| Operating Income | -12.6 M |
| Other Expenses | 166 K |
| Net Income | -12.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Jet.AI Inc.
| Net Income | -12.7 M |
| Depreciation & Amortization | 2.56 K |
| Capital Expenditures | -12.9 K |
| Stock-Based Compensation | 4.29 M |
| Change in Working Capital | -387 K |
| Others | 605 K |
| Free Cash Flow | -8.24 M |
Wall Street Analysts Price Targets
Jet.AI Inc.
JTAI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
JTAI does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Jet.AI Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
413 USD 3
9-12 MONTHS
7. News
Jet.AI and Consensus Core Execute Definitive Agreement for Phased Execution of Canadian Hyperscale Data Center
LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (Nasdaq: JTAI) and Consensus Core Technologies Inc. ("Consensus Core"), a provider of high-performance GPU infrastructure and AI cloud services, announced the execution of a definitive agreement to jointly develop a phased hyperscale data center campus in Midwestern Canada (the "Midwestern Project" or "Project"). The initiative positions Jet.AI as a pure-play AI data center enterprise targeting critical infrastructure shortages in the rapidly expanding artificial intelligence market.
globenewswire.com
- 4 weeks ago
Jet.AI Inc. Reports First Quarter 2025 Financial Results
LAS VEGAS, May 15, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the “Company”) (Nasdaq: JTAI), a pure-play artificial intelligence (“AI”) data center company operating aviation-specific AI software, today announced financial results for the first quarter ended March 31, 2025. Recent Operational Highlights Signed Letter of Intent (“LOI”) to form a joint venture with Consensus Core Technologies Inc. (“Consensus Core”) to pursue the development of two hyperscale data-center campuses in Midwestern Canada and Maritime Canada, respectively.
globenewswire.com
- 2 months ago
Jet.AI and Consensus Core Announce Plans for Multi-Billion Dollar (1.5 GW) AI Data Center Joint Venture in Canada
LAS VEGAS, April 30, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (Nasdaq: JTAI), a company transitioning to a pure-play artificial-intelligence (“AI”) data-center enterprise, announced the signing of a Letter of Intent (“LOI”) to form a joint venture (the “Joint Venture” or “JV”) with Consensus Core Technologies Inc. (“Consensus Core”), a Vancouver-based provider of high-performance GPU infrastructure and AI cloud services. The JV will pursue development of two hyperscale data-center campuses-one in Midwestern Canada (the “Midwestern Project”) and another in Maritime Canada (the “Maritime Project”)-expected to deliver up approximately 1.5 gigawatts of power capacity as demand for AI compute grows.
globenewswire.com
- 2 months ago
Jet.AI Inc. Reports Full Year 2024 Financial Results
LAS VEGAS, March 27, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the “Company”) (Nasdaq: JTAI), a pure-play artificial intelligence (“AI”) data center company operating aviation-specific AI software, today announced financial results for the full year ended December 31, 2024. As of March 25th, 2025, the Company had a cash balance of $12.5 million and no debt. In addition, it held $4.2 million in aircraft-related deposits. Together, these amounts - totaling $16.7 million - are expected to be sufficient to satisfy the minimum cash condition of the proposed transaction with flyExclusive, Inc. (“flyExclusive”).
globenewswire.com
- 3 months ago
Annual Letter to Shareholders: From Aviation Divestiture to AI Data Center Investment
LAS VEGAS, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, today issued a letter to its shareholders highlighting key milestones and recent operational developments reached and its 2025 strategic priorities.
globenewswire.com
- 5 months ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Jet.AI Inc. - JTAI
NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Jet.AI Inc. (Nasdaq: JTAI ), relating to the proposed merger with flyExclusive Inc. Under the terms of the agreement, Jet.AI shareholders will retain their Jet.AI stock and receive new Class A common shares in flyExclusive as part of the transaction.
prnewswire.com
- 5 months ago
flyExclusive Reaches Definitive Agreement to Acquire Jet.AI Aviation Business in an All-Stock Transaction
KINSTON, N.C. & LAS VEGAS--(BUSINESS WIRE)--flyExclusive Inc. (NYSE American: FLYX), a publicly traded provider of premium jet charter experiences, has entered a definitive agreement to acquire the aviation business of Jet.AI Inc. (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company. flyExclusive will acquire the business in conjunction with Jet.AI's focus on being a pure-play AI solutions company. The transaction will occur following Jet.AI's spin of the business.
businesswire.com
- 5 months ago
flyExclusive Reaches Definitive Agreement to Acquire Jet.AI Aviation Business in an All-Stock Transaction
Proposed transaction provides flyExclusive with additional growth capital and will add trading liquidity through incremental equity ownership
globenewswire.com
- 5 months ago
Jet.AI Launches "Ava" Agentic AI Model for Private Jet Booking
Text or Call “Ava” at +1-888-492-4538 LAS VEGAS, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced the launch of its cutting-edge agentic AI model, “Ava,” who books private jets. Customers can now conveniently book private jets by calling or texting +1-888-492-4538, where the AI provides real-time aircraft availability, transparent pricing, and expert guidance to help users select the perfect jet for their journey.
globenewswire.com
- 7 months ago
Jet.AI Formally Regains Compliance with Nasdaq Stockholders' Equity Requirement and Minimum Bid Price Requirement
LAS VEGAS, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced it has officially received notice from the Nasdaq Stock Market LLC (“Nasdaq”) confirming it has regained compliance with both the $2.5 million minimum stockholders' equity requirement as set forth in Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”) and the minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), as required by the Nasdaq Hearing Panel's (“Panel”) decision dated August 14, 2024. No further deficiencies remain outstanding.
globenewswire.com
- 7 months ago
Jet.AI Signs Agreement on Cessna Citation CJ4 Gen2 Fleet Order from Textron Aviation for Fractional Program
LAS VEGAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc., an innovative private aviation and artificial intelligence company, announced a fleet purchase agreement with Textron Aviation Inc. for the purchase of three Cessna Citation CJ4 Gen2 aircraft.
globenewswire.com
- 8 months ago
Jet.AI Reports Third Quarter 2024 Financial Results
LAS VEGAS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Jet.AI (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced financial results for the third quarter ended September 30, 2024.
globenewswire.com
- 8 months ago
8. Profile
Summary
Jet.AI Inc. JTAI
COUNTRY
US
INDUSTRY
Software - Application
MARKET CAP
$ 9.75 M
Dividend Yield
0.00%
Description
Jet.AI Inc. primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Flight Club API, an aviation software, that enables FAA Part 135 operators to function simultaneously under FAA Part 380 which permits sale of private jet service by the seat instead of by whole aircraft. In addition, the company offers Reroute software, that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances. Further, it is involved in the aircraft charter, management, and brokerage services. The company was founded in 2018 and is headquartered in Las Vegas, Nevada.
Contact
10845 Griffith Peak Drive, Las Vegas, NV, 89135
https://jet.ai
IPO
Date
Oct. 1, 2021
Employees
8
Officers
Mr. Kienan Franklin
Vice President of Sales
Mr. Michael D. Winston C.F.A., CFA
Founder, Executive Chairman & Interim Chief Executive Officer
Mr. George Murnane III
Interim Chief Financial Officer & Director
Mr. Patrick McNulty
Chief Operating Officer
Mr. Jake Vale
Chief Marketing Officer