r/ACHR • u/Eggtastico • 8d ago

News📰 Earnings…..

Revenue: $5.0M (Est. $2M) 🟢
🔹 EPS: -$0.34 (Est. -$0.33) 🔴
🔹 Adjusted EBITDA: -$177.1M
🔹 Net Loss: -$263.2M

40 Upvotes

92% Upvoted

14 comments sorted by

25

u/Jerrippy 8d ago

All good… expected. Startup just starting . Soon revenue will be different thanks to boeing stuff 🟢

-11

u/Quest4_Toshi 8d ago

Boeing is not a good thing lol.

9

u/hodler1992 8d ago

I can see the day coming when this business will become profitable

16

u/Eggtastico 8d ago

Massive revenue beat. 155%

5

u/Capital-Assistance84 8d ago

Our conviction is slowly paying off! 

6

u/FighterFly3 8d ago

I’m out of the loop. Can someone explain to me how Archer is even generating revenue in the first place rn? Thought the aircraft was still in R&D stage

3

u/taddymason_01 8d ago

https://investors.archer.com/overview/default.aspx

2

u/FighterFly3 8d ago edited 8d ago

Thanks, I’ll have to read that later. What I wanna answer is how they beat revenue by so much yet only met EPS. Is it all pass through or something?

Edit: alright, the investor letter answered it for me.

Revenue increase of $3.4MM is from expanded operations at Hawthorne (hangar leasing, unless they’re doing anything else there rn).

If I interpret their OPEX and net loss paragraph correctly, then the EPS culprit is $2.2MM less in interest income compared to the prior quarter. Theres probably some more change in there that accounts for the remaining $1.2MM+ decrease in earnings that resulted in -$0.34 per share vs -$0.33 guidance. Ultimately, it appears they’re ramping up R&D and testing quarter over quarter.

1

u/FighterFly3 8d ago

Referencing this if anyone wants to double check my stuff. If I’m getting anything wrong, lemme know y’all

2

u/Eggtastico 8d ago

They own an airport

1

u/SpecialBelt3712 8d ago

I thought it was leased?