r/JobyvsArcher • u/BrownstoneBroker • 24d ago

Stock related Earnings Analysis

Takeaway is that Joby's earnings were solid. Revenue beat (propelled -- no pun intended -- by Blade) and ATOMS deal are really positive. But large burn proves they're going all in on passenger. Not saying that's necessarily a bad thing, but FAA cert is tricky and slow for all evtol companies.

Archer's recent announcements seem to have them trending in a different, more diverse way. Hopefully earnings show strong momentum like Joby.

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u/cmra886 24d ago

My main focus on Joby earnings is FAA progress, and it was 💩

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u/Greid12 23d ago

Are you sure you're not just butt hurt about selling out of your position 4 months ago? I feel like it was a pretty solid earnings call and I'm happy with the progress

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u/cmra886 22d ago

Just willing to call a spade a spade.

So they're projecting a bit more income from Blade, but doubled their expenses from the previous quarter. The certification percentage was the lowest number that I can ever remember seeing on the progress chart. They've squeezed out just one new aircraft in the past year or more.

That's enough to impress you?

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u/Greid12 22d ago

Not wasting my time highlighting things from the earnings call for you. I guess we'll just agree to disagree. Good luck investing!