Sky Harbour Announces Record Q4 and 2024 Results, New Hangar Campus Lease at King County International Airport – Boeing Field, Opening of New Campus in Phoenix and Other Business Updates; Reiterates Prior Guidance for 2025

About this update from Sky Harbour Group Corporation

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":258,"url":"https://media.zenfs.com/en/business-wire.com/5f53e3ef7c2c3cf019b0b27e2bca0626"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Ie97WnEYTdEeEHP5Vfo1Tg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUxNjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/5f53e3ef7c2c3cf019b0b27e2bca0626","width":480,"height":258}},"lazy":false},{"type":"text","content":"WEST HARRISON, N.Y., March 27, 2025--(BUSINESS WIRE)--Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) ("SHG" or the "Company"), an aviation infrastructure company building the first nationwide network of Home-Basing campuses for business aircraft, announced the release of its audited financial results for the year ended December 31, 2024 on Form 10-K. The Company also announced the filing of its unaudited financial results for the year ended December 31, 2024 for Sky Harbour Capital (Obligated Group) with MSRB/EMMA. Please see the following links to access the filings:","length":599,"tagName":"p"},{"type":"text","content":"SEC 10-K:","length":9,"tagName":"p"},{"type":"text","content":"https://www.sec.gov/ix?doc=/Archives/edgar/data/0001823587/000143774925009606/ysac20241231_10k.htm","length":98,"tagName":"p"},{"type":"text","content":"MSRB/EMMA:","length":10,"tagName":"p"},{"type":"text","content":"https://emma.msrb.org/P21904883-P21456792-P21905289.pdf","length":55,"tagName":"p"},{"type":"text","content":"Financial Highlights on a Consolidated Basis include:","length":53,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Constructed Assets or In-Construction exceeded $250 million at year end.","length":72,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"2024 Full-year consolidated revenues increased 95% as compared to 2023.","length":71,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net cash used in operating activities was reported at $9.1 million for the year.","length":80,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Strong liquidity and capital resources as of December 31st, 2024, with consolidated cash and US Treasuries totaling $127 million, after the use of $32 million for the acquisition and payment of certain liabilities of the ...

More updates from Sky Harbour Group Corporation