Stonegate Capital Partners Updates Coverage on Sky Harbour Group Corporation (SKYH) Q4 2024
Sky Harbour Group Corp. (NYSE: SKYH) demonstrated strong performance in FY24, achieving significant growth despite challenging economic conditions. The company reported consolidated revenues of $14.8M, marking a substantial 95% year-over-year increase from FY23.
Key operational highlights include the introduction of the SH-37 hangar product, a proprietary large-hangar model designed for modern business jets. The company's infrastructure portfolio expanded significantly, with total leasable space reaching approximately 580,000 square feet, while maintaining solid occupancy rates across operational campuses. Additionally, SKYH has over 2.1 million square feet currently under construction or development.
Sky Harbour Group Corp. (NYSE: SKYH) ha dimostrato una forte performance nell'anno fiscale 2024, registrando una crescita significativa nonostante le sfide economiche. L'azienda ha riportato ricavi consolidati di 14,8 milioni di dollari, segnando un notevole aumento del 95% rispetto all'anno fiscale 2023.
I principali punti operativi includono l'introduzione del prodotto hangar SH-37, un modello di hangar di grandi dimensioni progettato per jet aziendali moderni. Il portafoglio infrastrutturale dell'azienda è cresciuto significativamente, con uno spazio totale affittabile che ha raggiunto circa 580.000 piedi quadrati, mantenendo tassi di occupazione solidi nei campus operativi. Inoltre, SKYH ha oltre 2,1 milioni di piedi quadrati attualmente in costruzione o sviluppo.
Sky Harbour Group Corp. (NYSE: SKYH) demostró un fuerte desempeño en el año fiscal 2024, logrando un crecimiento significativo a pesar de las difíciles condiciones económicas. La compañía reportó ingresos consolidados de 14.8 millones de dólares, marcando un aumento del 95% en comparación con el año fiscal 2023.
Los aspectos operativos clave incluyen la introducción del producto hangar SH-37, un modelo de hangar grande diseñado para jets de negocios modernos. El portafolio de infraestructura de la compañía se expandió significativamente, con un espacio total arrendable que alcanzó aproximadamente 580,000 pies cuadrados, manteniendo tasas de ocupación sólidas en los campus operativos. Además, SKYH tiene más de 2.1 millones de pies cuadrados actualmente en construcción o desarrollo.
Sky Harbour Group Corp. (NYSE: SKYH)는 2024 회계연도에 강력한 성과를 보여주었으며, 어려운 경제 상황에도 불구하고 상당한 성장을 이루었습니다. 회사는 14.8 백만 달러의 통합 수익을 보고하였으며, 이는 2023 회계연도 대비 95%의 연간 증가를 나타냅니다.
주요 운영 하이라이트에는 현대 비즈니스 제트를 위해 설계된 SH-37 행거 제품의 도입이 포함됩니다. 회사의 인프라 포트폴리오는 크게 확장되었으며, 총 임대 가능 공간이 약 580,000 제곱피트에 도달하였고, 운영 캠퍼스 전반에 걸쳐 견고한 점유율을 유지하고 있습니다. 또한, SKYH는 현재 210만 제곱피트 이상이 건설 중이거나 개발 중입니다.
Sky Harbour Group Corp. (NYSE: SKYH) a démontré une forte performance au cours de l'exercice 2024, réalisant une croissance significative malgré des conditions économiques difficiles. L'entreprise a annoncé des revenus consolidés de 14,8 millions de dollars, marquant une augmentation de 95% par rapport à l'exercice 2023.
Les points opérationnels clés incluent l'introduction du produit hangar SH-37, un modèle de grand hangar conçu pour les jets d'affaires modernes. Le portefeuille d'infrastructure de l'entreprise s'est considérablement élargi, avec une surface totale louable atteignant environ 580 000 pieds carrés, tout en maintenant des taux d'occupation solides dans les campus opérationnels. De plus, SKYH a plus de 2,1 millions de pieds carrés actuellement en construction ou en développement.
Sky Harbour Group Corp. (NYSE: SKYH) hat im Geschäftsjahr 2024 eine starke Leistung gezeigt und trotz herausfordernder wirtschaftlicher Bedingungen ein signifikantes Wachstum erzielt. Das Unternehmen berichtete von konsolidierten Einnahmen in Höhe von 14,8 Millionen Dollar, was einen 95%igen Anstieg im Vergleich zum Geschäftsjahr 2023 darstellt.
Wichtige betriebliche Höhepunkte sind die Einführung des SH-37 Hangarprodukts, eines proprietären Großhangar-Modells, das für moderne Geschäftsflugzeuge konzipiert wurde. Das Infrastrukturportfolio des Unternehmens hat sich erheblich erweitert, mit einer insgesamt vermietbaren Fläche von etwa 580.000 Quadratfuß, während die Belegungsraten in den Betriebsstandorten stabil geblieben sind. Darüber hinaus hat SKYH über 2,1 Millionen Quadratfuß derzeit im Bau oder in der Entwicklung.
- 95% year-over-year revenue growth to $14.8M in FY24
- Expansion of leasable space to 580,000 sq ft
- 2.1 million sq ft under construction or development
- Launch of new SH-37 proprietary large-hangar product
- Maintained solid occupancy rates across operational campuses
- Operating in challenging economic conditions with high inflation and interest rates
Dallas, Texas--(Newsfile Corp. - March 31, 2025) - Sky Harbour Group Corp. (NYSE: SKYH): Stonegate Capital Partners updates their coverage on Sky Harbour Group Corp. (NYSE: SKYH). Sky Harbour demonstrated robust growth and resilience throughout FY24, successfully navigating economic conditions such as inflation and elevated interest rates while significantly expanding its aviation infrastructure portfolio. Key milestones include the completion of major construction initiatives, the acquisition of existing facilities, maintaining solid occupancy rates across its operational campuses, and announcing the SH-37 hangar product--a proprietary large-hangar model catering to modern business jets--strengthening its competitive position in premium aviation infrastructure.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- SKYH delivered consolidated revenues of
$14.8M , a95% year-over-year increase from FY23. - Announced the SH-37 hangar product--a proprietary large-hangar model.
- Total leasable space reached ~580,000 sq ft, with over 2.1 million sq ft currently under construction or development.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246717
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