Mesa Air Group, Inc. (fka MESAQ)

[stockmarketmadness]

Jan, Feb, Mar MOR Summaries:

January MOR Docket# 354 Summary:

Total Revenue: $61,869,000
Total Operating Expenses: $59,714,000
Total Non-Operating Income (Expense): ($1,344,000)
Income (Loss) Before Reorganization Items and Income Taxes: $811,000
Loss (Gain) on reorganization items: $1,060,000
Income (Loss) Before Discontinued Operations: ($162,000)
Net Income (Loss): $542,000

Total Assets: $958,191,000
Total Liabilities: $852,196,000
Stockholder's Equity: 105,995,000

Cash and Cash Equivalents at End of Period: $67,471,000
Cash and Cash Equivalents at Beginning of Period: $29,233,000
Increase in Cash and Cash Equivalents: $38,238,000

Stockholders Equity: $105,995,000
Outstanding Shares: $175,217,249
Equity Value per share = $.60

Cash and Cash Equivalents at End of Period: $67,471,000
Outstanding Shares: $175,217,249
Cash Value per Share: $.385

http://www.epiq11.com/


February MOR Docket# 605 Summary by SULLIVOT Post# 11064

Total Revenue: $65,921,000
Total Operating Expenses: $64,556,000
Total Non-Operating Income (Expense): ($887,000)
Income (Loss) Before Reorganization Items and Income Taxes: $478,000
Loss (Gain) on reorganization items: $854,000
Income (Loss) Before Discontinued Operations: ($244,000)
Net Income (Loss): ($246,000)

Total Assets: $955,683,000
Total Liabilities: $849,882,000
Stockholders Equity: $105,801,000

Cash and Cash Equivalents at End of Period: $78,707,000
Cash and Cash Equivalents at Beginning of Period: $67,471,000
Increase in Cash and Cash Equivalents: $11,263,000

Stockholders Equity: $105,801,000
Outstanding Shares: $175,217,249
Equity Value per share: $.60

Cash and Cash Equivalents at End of Period: $78,707,000
Outstanding Shares: $175,217,249
Cash Value per Share: $.45

Appears BK expenses were the main reason for the (loss). Not to mention February is one of the slowest months for airline travel. That was of less interest to me than cash + or -. An increase of 11M is an unexpected positive.

According to some pilots at the APC board, the MAG director of flight operations scheduling will announce 45 fewer pilot furloughs than originally planned, so things are apparently picking up. Things are looking up, guys.


March MOR Docket# 693 Summary:

Total Revenue: $72,143,000
Total Operating Expenses: $71,551,000
Total Non-Operating Income (Expense): ($767,000)
Income (Loss) Before Reorganization Items and Income Taxes: $824,000
Loss (Gain) on reorganization items: $4,525,000
Income (Loss) Before Discontinued Operations: ($2,328,000)
Net Income (Loss): ($2,328,000)

Total Assets: $946,387,000
Total Liabilities: $843,126,000
Stockholder's Equity: 103,261,000

Cash and Cash Equivalents at End of Period: $54,109,000
Cash and Cash Equivalents at Beginning of Period: $78,707,000
Decrease in Cash and Cash Equivalents: ($24,598,000)

Stockholders Equity: $103,261,000
Outstanding Shares: $175,217,249
Equity Value per share = $.59

Cash and Cash Equivalents at End of Period: $54,109,000
Outstanding Shares: $175,217,249
Cash Value per Share: $.31

http://www.epiq11.com/