Executive Summary
Premier Air Charter Holdings Inc (PREM) reported a negative net income of -$43.343 thousand for QQ1 2025 amid an otherwise limited discloseable revenue footprint in this quarter. Operating loss came in at -$34.785 thousand, with EBITDA also recorded at -$34.785 thousand, signaling persistent profitability headwinds despite QoQ improvement metrics referenced in the accompanying data. The company exhibits severe liquidity constraints, evidenced by a current ratio of 0.0525 and cash of $7,211 at period end against $170.609 thousand of short-term debt, contributing to a highly leveraged and fragile balance sheet. Management commentary for QQ1 2025 is not present in the provided transcript data, limiting direct interpretation of strategic actions. The quarter shows a modest net cash inflow from financing activities ($26.4k) offsetting an operating cash burn of ($23.487k), with net cash rising by $2.913k to $7,211. While YoY improvements in operating income and net income are reported in the metrics (operating income YoY +14.97%, QoQ +34.22%; net income YoY +74.65%, QoQ +84.18%), the company remains cash-flow negative and equity negative, underscoring elevated financial risk. The following analysis integrates these quantitative signals with qualitative assessment where available and highlights implications for investors under current operating conditions.
Key Performance Indicators
Key Insights
Revenue: Not disclosed for QQ1 2025 in the provided data set. Gross profit and gross profit margin: not reported. Profitability: Operating income -$34,785; EBITDA -$34,785; Net income -$43,343; EPS -$0.0014 on 31.378 million diluted shares. YoY and QoQ deltas (where provided) show operating income YoY +14.97% and QoQ +34.22%, and net income YoY +74.65% and QoQ +84.18%, but all in negative territory....
Financial Highlights
Revenue: Not disclosed for QQ1 2025 in the provided data set. Gross profit and gross profit margin: not reported. Profitability: Operating income -$34,785; EBITDA -$34,785; Net income -$43,343; EPS -$0.0014 on 31.378 million diluted shares. YoY and QoQ deltas (where provided) show operating income YoY +14.97% and QoQ +34.22%, and net income YoY +74.65% and QoQ +84.18%, but all in negative territory.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Operating Income |
-34.79K |
14.97% |
34.22% |
| Net Income |
-43.34K |
74.65% |
84.18% |
| EPS |
0.00 |
79.71% |
86.67% |
Key Financial Ratios
operatingCashFlowPerShare
$-0
Management Commentary
Note: No earnings call transcript is available in the provided data. As such, management commentary, strategic rationale, and qualitative guidance from QQ1 2025 are not captured here.
Forward Guidance
There is no formal forward guidance in the supplied materials. Given the quarter’s negative profitability and strained liquidity, investors should monitor (1) liquidity trajectory and runway (operating cash flow, cash burn rate, and reliance on financing), (2) working capital dynamics and any fleet utilization improvements that could enable revenue stabilization, and (3) near-term refinancing or equity/debt issuance plans. In absence of explicit management targets, a scenario-based view suggests that a durable improvement would require revenue realization or cost-to-serve reductions and an orderly capital-structure optimization (refinancing or capital raises) to restore financial flexibility.