Stonegate Capital Partners Updates Coverage on Sky Harbour Group Corporation (SKYH) Q1 2025
Rhea-AI Summary
Sky Harbour Group Corp. (NYSE: SKYH) demonstrated strong growth in Q1 2025, with total revenue reaching $5.6M, up 133% year-over-year and 20% sequentially. The company expanded its aviation infrastructure footprint by initiating operations at Phoenix Deer Valley campus and preparing for openings at Dallas Addison and Denver Centennial in Q2 2025.
SKYH added a significant facility at Seattle's Boeing Field with ~90,000 sq ft of rentable space and secured new ground leases at Hillsboro and Stewart International. The company's portfolio now includes eight operational campuses, one under construction, and ten in pre-development. Sky Harbour ended Q1 with total assets of $553.7M and maintained strong liquidity of $97.5M.
Positive
- Revenue grew 133% YoY to $5.6M and 20% sequentially
- Portfolio expansion with 8 operational campuses, 1 under construction, and 10 in pre-development
- Addition of ~90,000 sq ft facility at Seattle's Boeing Field
- Strong liquidity position of $97.5M
- Secured new ground leases at Hillsboro and Stewart International
Negative
- None.
News Market Reaction – SKYH
On the day this news was published, SKYH declined 2.54%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Dallas, Texas--(Newsfile Corp. - May 29, 2025) - Sky Harbour Group Corp. (NYSE: SKYH): Stonegate Capital Partners updates their coverage on Sky Harbour Group Corp. (NYSE: SKYH). Sky Harbour continued to demonstrate strong momentum in 1Q25, driven by expanding its aviation infrastructure footprint and ramping operational capacity. During the quarter, the Company initiated operations at its Phoenix Deer Valley (DVT) campus and prepared for openings at Dallas Addison (ADS) and Denver Centennial (APA), scheduled for 2Q25. SKYH added a key facility at Seattle's Boeing Field (BFI), with ~90,000 sq ft of rentable space, and signed new ground leases at Hillsboro (HIO) and Stewart International (SWF), reinforcing its national footprint. As of quarter-end, the Company's portfolio included eight operational campuses, one under construction, and ten in pre-development, positioning it for significant long-term growth.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- SKYH reported total revenue of
$5.6M , a133% increase from$2.4M in 1Q24 and a20% increase sequentially. - As of quarter-end, the Company's portfolio included eight operational campuses, one under construction, and ten in pre-development.
- Sky Harbour ended 1Q25 with total assets of
$553.7M . Liquidity remained strong, at$97.5M .
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/253815
FAQ
What was Sky Harbour Group's (SKYH) revenue growth in Q1 2025?
How many operational campuses does Sky Harbour (SKYH) currently have?
What is Sky Harbour's (SKYH) current liquidity position?
What new facilities did Sky Harbour (SKYH) add in Q1 2025?
What is Sky Harbour Group's (SKYH) total asset value?
