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Global Crossing Airlines Group Inc
XTSX:JET

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Global Crossing Airlines Group Inc Logo
Global Crossing Airlines Group Inc
XTSX:JET
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Price: 1.36 CAD -4.9% Market Closed
Market Cap: CA$63.3m

Gross Margin

62.4%
Current
No historical data
Comparison unavailable

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
62.4%
=
Gross Profit
$19.1m
/
Revenue
$30.7m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
62.4%
=
Gross Profit
CA$19.1m
/
Revenue
$30.7m

Peer Comparison

Market Distribution

Higher than 72% of companies in the United States of America
Percentile
72st
Based on 12 729 companies
72st percentile
62.4%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Global Crossing Airlines Group Inc
Glance View

Market Cap
63.3m CAD
Industry
Airlines

Global Crossing Airlines Group Inc is a US-based company operating in Airlines industry. The company is headquartered in Miami, Florida. Global Crossing Airlines Group Inc., doing business as Global X, is an airline company.GlobalX is a United States 121 domestic flag and supplemental airline flying the Airbus A320 family of aircraft. GlobalX flies as an air combat maneuvering instrumentation (ACMI) and wet-lease charter airline serving the United States, Caribbean and Latin American markets. The firm delivers unparalleled value and service, accommodating its services to groups like resorts and destinations, meetings and incentive groups, casinos, collegiate football, basketball and baseball, entertainment industry, dignitaries and celebrities, government and academic, and very important person (VIP) Travel.

JET Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
62.4%
=
Gross Profit
$19.1m
/
Revenue
$30.7m
How has Gross Margin changed over time?

Over the last 4 months, Global Crossing Airlines Group Inc’s Gross Margin has increased from 50.3% to 62.4%. During this period, it reached a low of 50.3% on Dec 31, 2021 and a high of 62.4% on May 1, 2022.

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