Ascendance Flight Technologies is a company focused on developing technological solutions for sustainable aviation, particularly in the area of hybrid electric propulsion for long-haul flights.

Benoit FERRAN

Clément DINEL

Thibault BALDIVIA

Jean-Christophe LAMBERT

Ascendance Flight Technologies

Avioneo 23.45 develops personal smart eVTOL (electric vertical takeoff and landing) jets focusing on efficient mobility solutions.

Avioneo 23.45

FlytBase offers an enterprise software platform that provides autonomy solutions for commercial drones. It enables users to build and deploy fully automated drone applications, manage fleets remotely, and integrate with third-party systems, self-described as enhancing efficiency in drone operations.

FlytBase

Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. It offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties; and air cargo services. The company is headquartered in Hawthorne, California.

Metric
Company Name	Ascendance Flight Technologies	Avioneo 23.45	FlytBase	Surf Air Mobility Inc.
Symbol				SRFM
MSH ID	COM:ASCENDANCE-FT	COM:AVIONEO	COM:FLYTBASE	COM:SURFAIR
Market	PRIVATE	PRIVATE	PRIVATE	STOCKS
Sector	Transportation	Transportation	Technology	Industrials
Industry	Aerospace and Energy	Aviation & Aerospace	Software & Automation	Airlines, Airports & Air Services
Country		FR	IN	US
Stage			Seed	Post-IPO Debt
Employee Count	11			815
Website	ascendance-ft.com	avioneo.com	flytbase.com	surfair.com
LinkedIn		avioneo
Founders

Metric
Market Cap		30.76M
Enterprise Value
Monthly Web Traffic	24.73K	8.55K
Web Traffic Growth	0.51	-0.85
Valuation
Raised Capital		50M

Metric
Revenue				60.51M
Revenue (LTM)
Revenue (NTM)
Gross Profit				-5.17M
EBITDA				-132.96M
Operating Income				-136.72M
Net Income				-250.70M
EPS				-3.29
Diluted EPS				-3.29
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin				0.07
Operating Profit Margin				-1.17
EBITDA Margin				-2.20
Net Profit Margin				-1.42
Return on Equity				7.98
Return on Assets				-1.09
Return on Capital Employed				4.78

ASCE

COM:ASCENDANCE-FT

Ascendance Flight Technologies

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio				-0.33
P/B Ratio				2.38
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio				1.54
EV Multiple				0.45

Metric
Days Sales Outstanding				10.04
Days Payables Outstanding				55.18
Days Inventory Outstanding				0.85
Operating Cycle				21.84
Cash Conversion Cycle				-45.15
Asset Turnover				1.06

Metric
Operating Cash Flow				-64.37M
Free Cash Flow				-72.15M
Cash Flow to Debt				-0.72
Operating Cash Flow/Sales				-0.36
Free Cash Flow Yield				-0.69

Metric
Cash & Equivalents				1.72M
Accounts Receivable				-262K
Inventory
Goodwill
Debt to Capitalization				0.62
Debt to Assets				0.25
Current Ratio				0.27
Quick Ratio				0.10

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue				0.26
R&D to Revenue				0.06
SG&A to Revenue				1.00