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Starfighters Space Inc

FJET AMEX Categories PDF
Industrials · Aerospace & Defense
Cape Canaveral, FL 32920, United States IPO 2025 starfightersspace.com Updated Jun 27, 4:19am
Price
$4.38
Market Cap
$122.4M
Employees
0
Beta
1.01
Avg Volume
9,414,621
CEO
Michael Smith
Business Description

Starfighters Space Inc. specializes in operating a privately owned fleet of operational Lockheed F-104 supersonic jets, primarily providing services to the United States Armed Forces. The company also offers specialized training programs for pilots and astronauts, along with comprehensive in-flight testing capabilities. They deliver tailored solutions across diverse sectors, including defense, civil, academic, and commercial industries, serving both private entities and public organizations. Additionally, Starfighters Space Inc. facilitates launch services and "Access to Space" capabilities for a broad clientele encompassing commercial enterprises, academic institutions, civil agencies, and government entities. The company further furnishes an advanced airborne testbed, essential for accelerating hypersonic research, development, and rigorous test and evaluation activities. Established in 2022, the company is headquartered in Cape Canaveral, Florida.

Business History
Price Overview
Last updated: Jun 27, 2026 10:06am (just now)
$4.38
+0.20 (+4.78%)
Day Range
$4.22 – $4.78
52-Week Range
$4.12 – $28.74
50-Day MA
$8.50
200-Day MA
$8.50
Volume
1,471,059.00
Share Structure
Outstanding 27,953,717.00
Float 18,436,458.00
Free Float 66.0%
Normal free float — 66.0% of shares trade freely, ~34% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Last updated: Jun 27, 2026 4:19am (5h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 24, 2026 8:46am (3d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-5.76
Stock Price: $4.38
EPS (Diluted): -0.76
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
10.13
Stock Price: $4.38
Total Equity: $24.90M
Shares: 21,659,714
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-6.41
Market Cap: $122.44M
Total Debt: $1.53M
Cash: $4.58M
EBITDA: -$15.34M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$249.8M
Market Cap: $122.44M
Total Debt: $1.53M
Cash: $4.58M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
0.00
Stock Price: $4.38
Revenue: $0.00
Shares: 21,659,714
EV/Sales (Total value vs revenue — works when P/E can't)
API
0.00
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
0.0%
Gross Profit: $0.00
Revenue: $0.00
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
0.0%
Operating Income: -$15.12M
Revenue: $0.00
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
0.0%
Net Income: -$16.54M
Revenue: $0.00
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-217.5%
Net Income: -$16.54M
Total Equity: $24.90M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-77.9%
Operating Income: -$15.12M
Tax Rate: 0.0%
Equity: $24.90M
Total Debt: $1.53M
Cash: $4.58M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
6.60
Current Assets: $20.14M
Current Liabilities: $3.05M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.06
Short-Term Debt: $1.53M
Long-Term Debt: $0.00
Total Debt: $1.53M
Total Equity: $24.90M
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
—
Revenue: $0.00
Shares: 21,659,714
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$1.15
Total Equity: $24.90M
Shares: 21,659,714
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-0.39
Operating CF: -$8.23M
CapEx: -$150,763
Shares: 21,659,714
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $4.38
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$16.54M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FJET against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 8:46am (3d ago)
Metric 2025
Revenue $0
Cost of Revenue $0
Gross Profit $0
Operating Expenses $15.1M
Operating Income -$15.1M
Net Income -$16.5M
EBITDA -$15.3M
EPS $-0.76
EPS (Diluted) —
Balance Sheet (Annual)
Last updated: Jun 24, 2026 8:46am (3d ago)
Metric 2025
Cash & Equivalents $4.6M
Total Current Assets $20.1M
Total Assets $28.4M
Current Liabilities $3.1M
Long-Term Debt $0
Total Liabilities $3.5M
Total Equity $24.9M
Retained Earnings -$33.4M
Cash Flow (Annual)
Last updated: Jun 24, 2026 8:46am (3d ago)
Metric 2025
Operating Cash Flow -$8.2M
Capital Expenditure $-150,763
Free Cash Flow -$8.4M
Acquisitions (net) $0
Debt Repayment —
Dividends Paid —
Stock Buybacks $0
Net Change in Cash -$2.5M
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for FJET — it's generated by the pipeline (market-narrative step).
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30