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Saker Aviation Services
Saker Aviation Services (SKAS) investor relations material
Saker Aviation Services Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary15 May, 2026
Executive summary
Transitioned from heliport operations to strategic financial advisory services after March 2025, following loss of the Downtown Manhattan Heliport concession.
Revenue dropped sharply year-over-year due to cessation of heliport operations.
Net loss narrowed significantly compared to the prior year, reflecting lower operating expenses.
Financial highlights
Revenue for Q1 2026 was $15,000, down from $1,260,756 in Q1 2025, due to business model change.
Net loss for Q1 2026 was $223,227, compared to $514,765 in Q1 2025.
Gross margin for Q1 2026 was (45.8)%, compared to 40.6% in Q1 2025.
Cash and cash equivalents as of March 31, 2026 were $4,539,940.
Working capital surplus as of March 31, 2026 was $8,509,684.
Outlook and guidance
No explicit forward guidance provided; ongoing litigation may impact future operations.
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Latest events from Saker Aviation Services
- Loss of heliport concession drove an 86% revenue drop and a $1.09M net loss in 2025.SKAS
Q4 202531 Mar 2026 - Loss of the heliport contract led to zero Q3 revenue and a sharp year-to-date net loss.SKASQ3 20253 Nov 2025
- Net income fell 58% as higher costs and litigation offset modest revenue growth.SKASQ3 202410 Oct 2025
- Loss of heliport contract led to zero Q2 revenue and a $780,939 net loss for H1 2025.SKASQ2 202514 Aug 2025
- Net income dropped sharply as a $1.05M litigation expense offset revenue growth.SKASQ2 202413 Jun 2025
- Saker Aviation ended all operations after losing its sole revenue source, the NYC heliport concession.SKASQ4 20249 Jun 2025
- Loss of heliport concession led to a $514K net loss and uncertain future revenue.SKASQ1 20256 Jun 2025
Next Saker Aviation Services earnings date
Q2 202614 Aug, 2026
Saker Aviation Services
Next Saker Aviation Services earnings date
Q2 202614 Aug, 2026
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Amina0781App Store
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@theshortbearx.com
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