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JTAI (Jet AI) Owner Earnings per Share (TTM) : (As of Dec. 2024)


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What is Jet AI Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Jet AI does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Jet AI's Owner Earnings per Share (TTM) or its related term are showing as below:



JTAI's Price-to-Owner-Earnings is not ranked *
in the Software industry.
Industry Median: 22.24
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Jet AI's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-2.23. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was $-165.30. It's PE Ratio (TTM) ratio for today is At Loss.

Jet AI's EPS without NRI for the three months ended in Dec. 2024 was $-2.23. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2024 was $-165.30. It's PE Ratio without NRI ratio for today is At Loss.


Jet AI Owner Earnings per Share (TTM) Historical Data

The historical data trend for Jet AI's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jet AI Owner Earnings per Share (TTM) Chart

Jet AI Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Owner Earnings per Share (TTM)
- - - -

Jet AI Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Jet AI's Owner Earnings per Share (TTM)

For the Software - Application subindustry, Jet AI's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jet AI's Price-to-Owner-Earnings Distribution in the Software Industry

For the Software industry and Technology sector, Jet AI's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Jet AI's Price-to-Owner-Earnings falls into.


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Jet AI Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Jet AI does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Jet AI Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Jet AI's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Jet AI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Jet AI Inc (NAS:JTAI) » Definitions » Owner Earnings per Share (TTM)
Traded in Other Exchanges
N/A
Address
10845 Griffith Peak Drive, Suite 200, Las Vegas, NV, USA, 89135
Jet AI Inc is principally involved in the sale of jet cards, which enable holders to use certain aircraft owned, leased by, arranged, and/or managed by Jet Token and others at agreed-upon rates, as well as the sale of fractional interests in aircraft; and the operation of a proprietary booking platform, which functions as a prospecting and quoting platform to arrange private jet travel with third party carriers as well as via Jet Token's leased and managed aircraft.
Executives
Patrick Mcnulty officer: Chief Operating Officer 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
George Iii Murnane director, officer: INTERIM CFO 1945 AIRPORT ROAD SUIRE 200, ATLANTA GA 30341
Ehud Talmor director 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Ran David director 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Michael D. Winston director, officer: EXEC. CHAIRMAN & INTERIM CEO 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Donald Jeffrey Woods director 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
William L Yankus director 10 PHEASANT HILL, FARMINGTON CT 06032
Allan S. Martin director 401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Sanjay Madhu director, officer: CEO, President and Chairman 425 EAST DAVIS BLVD., TAMPA FL 33606
Wrendon Timothy director, officer: CFO, Treas., Sec'y & Director P.O. BOX 469, CAMANA BAY E9 KY1-9006
Oac Sponsor Ltd. 10 percent owner SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Jason Tk Butcher director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006