Added to YB: 2026-08-03
Pitch date: 2026-07-30
JETMF [neutral]
Global Crossing Airlines Group Inc.
+0.96%
current return
Author Info
Alessandro Vittoria is a deep value investor. Sign up for the newsletter.
Company Info
Global Crossing Airlines Group Inc. provides air transport services in the United States, Europe, Canada, the Caribbean Islands, and Central and South America.
Market Cap
CAD 41.7M
Pitch Price
CAD 0.62
Price Target
6.44 (+900%)
Dividend
N/A
EV/EBITDA
2.31
P/E
-78.96
EV/Sales
0.75
Sector
Passenger Airlines
Category
value
A Look at My Portfolio - Global Crossing Airlines Group
JETMF (holding update): US gov ICE deportation flight airline (39% rev via CSI Aviation broker). Rev $14M(2021)→$246M(FY25), net loss -$20M→-$3M; Q1'26 first clean profit $2.8M vs $37M mkt cap. Trades 2.5x EV/EBITDAR vs Sun Country deal 6x. Risks: -$26M equity, going concern, gov concentration, -$10M cargo EBIT. ICE funded thru 2029. Aligned mgmt, Red Oak 18%, Galloway 8%. Potential 10-bagger, 8% position.
Read full article (4 min)