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Saker Aviation Services
Saker Aviation Services (SKAS) investor relations material
Saker Aviation Services Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Transitioned from heliport operations to providing strategic financial advisory services after ceasing Downtown Manhattan Heliport operations in March 2025.
Revenue for the six months ended June 30, 2026, was $30,000, all from advisory services, compared to $1,260,756 in the prior year from heliport operations.
Net loss for the six months ended June 30, 2026, was $244,510, a significant improvement from a net loss of $780,939 in the prior year.
Financial highlights
Revenue decreased to $30,000 for the six months ended June 30, 2026, from $1,260,756 year-over-year.
Gross loss of $18,750 for the six months ended June 30, 2026, versus gross profit of $511,360 in the prior year.
Operating loss improved to $401,935 from $865,004 year-over-year.
Interest income was $156,616 for the six months ended June 30, 2026.
Cash and cash equivalents were $4,249,563 as of June 30, 2026.
Outlook and guidance
Results for 2026 reflect only financial advisory services, with no expectation of heliport-related revenue.
Ongoing litigation may impact future operations and financial position.
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Latest events from Saker Aviation Services
- Transition to advisory services after heliport concession loss led to lower revenue but reduced net loss.SKAS
Q1 2026 - Loss of heliport concession drove an 86% revenue drop and a $1.09M net loss in 2025.SKASQ4 2025
- Loss of the heliport contract led to zero Q3 revenue and a sharp year-to-date net loss.SKASQ3 2025
- Loss of heliport contract led to zero Q2 revenue and a $780,939 net loss for H1 2025.SKASQ2 2025
- Net income fell 58% as higher costs and litigation offset modest revenue growth.SKASQ3 2024
- Net income dropped sharply as a $1.05M litigation expense offset revenue growth.SKASQ2 2024
- Saker Aviation ended all operations after losing its sole revenue source, the NYC heliport concession.SKASQ4 2024
- Loss of heliport concession led to a $514K net loss and uncertain future revenue.SKASQ1 2025
Next Saker Aviation Services earnings date
Q3 20262 Nov, 2026
Saker Aviation Services
Next Saker Aviation Services earnings date
Q3 20262 Nov, 2026
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Eferix Drawings Google Play
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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