Joby Aviation: A Speculative Bet On The Future Of Air Taxis
Joby Aviation(JOBY) Seeking Alpha·2024-07-16 23:57
Data by YCharts Our adjusted EBITDA loss was $35 million higher than in the same period last year, reflecting the growth in our organization, expenses to support manufacturing and certification, lower DoD contract deliverables, and higher production volumes as we ramp up manufacturing on our way to an equivalent of 12 aircraft per year as we exit 2024. After the company begins generating revenue from passengers in its commercial operation, Joby's business unproven business model may take some time to scale ...