Mismanagement

ACHRArcher Aviation Inc.

Aircraft

Revenue
$300KFY2023: $0FY2024: $0FY2025: $300K
Operating margin
-243100.0%
EBITDA
−$709MFY2021: −$357MFY2022: −$344MFY2023: −$440MFY2024: −$498MFY2025: −$709M
42% YoY
Market cap
—
Employees
—
Net debt / EBITDA
—
−$773M net debt
AI in 10-K
—

Red flags 1 of 9

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue——$0$0$300KFY2023: $0FY2024: $0FY2025: $300K
Operating income−$358M−$347M−$447M−$510M−$729M 43% FY2021: −$358MFY2022: −$347MFY2023: −$447MFY2024: −$510MFY2025: −$729M
Net income−$348M−$317M−$458M−$537M−$618M 15% FY2021: −$348MFY2022: −$317MFY2023: −$458MFY2024: −$537MFY2025: −$618M
Operating cash flow−$108M−$200M−$272M−$369M−$433M 17% FY2021: −$108MFY2022: −$200MFY2023: −$272MFY2024: −$369MFY2025: −$433M
Capex$4M$7M$44M$82M$79M 3.9% FY2021: $4MFY2022: $7MFY2023: $44MFY2024: $82MFY2025: $79M
Stock-based comp$124M$103M$45M$109M$224M 105% FY2021: $124MFY2022: $103MFY2023: $45MFY2024: $109MFY2025: $224M

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo
$0 · 0
Open-market sells, 12 mo
$488K · 2
Net
−$488K

Pay vs performance

YearCEO total compComp actually paidTSR (indexed)Peer TSR
FY2025$11M−$31M——