Soar AI vs Surf AIR Mobility
Surf AIR Mobility is the larger business, with $107m of revenue in fiscal 2025 against $78.6m for Soar AI (1.4 times as much). Soar AI grew faster (101.1% against -10.8%). Soar AI kept more of each dollar of sales as profit: a net margin of 6.6% against -103.8%.
| Latest fiscal year | Soar AISOAR, 2025 | Surf AIR MobilitySRFM, 2025 |
|---|---|---|
| Revenue | $78.6m | $107m |
| Revenue growth | 101.1% | -10.8% |
| Net income | $5.2m | −$111m |
| Operating margin | 5.0% | -72.1% |
| Net margin | 6.6% | -103.8% |
| Return on equity | — | — |
| Free cash flow | $3.3m | −$70.1m |
| Cash | $0 | $12.7m |
| Total debt | — | $17.1m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 13 | 573 |
| Market value | $12.3m | $89.2m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 4 sales |