Aerostar S.A. (BVB:ARS)

Aerostar Income Statement

Financials in millions RON. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	599.09	585.34	507.17	467.44	376.84	296.7
Other Revenue	1.67	1.66	1.87	1.67	1.29	0.75
Revenue	600.76	587.01	509.04	469.12	378.14	297.45
Revenue Growth (YoY)	11.40%	15.32%	8.51%	24.06%	27.13%	-26.29%
Cost of Revenue	268.45	250.35	227.14	172.46	115.26	76.18
Gross Profit	332.31	336.65	281.9	296.65	262.88	221.27
Selling, General & Admin	233.1	232.53	198.58	166.57	140	132.57
Other Operating Expenses	-13.3	-9.36	-21.62	4.57	20.71	-1.58
Operating Expenses	247.63	250.28	202.91	195.25	186.51	156.01
Operating Income	84.68	86.37	78.99	101.4	76.37	65.27
Interest Expense	-0.03	-0.03	-0.03	-0.03	-0.03	-0.03
Interest & Investment Income	15.63	15.47	18.3	14.17	2.6	5.01
Currency Exchange Gain (Loss)	-0.91	2.18	-1.1	2.15	3.26	-1.3
Other Non Operating Income (Expenses)	0.83	0.83	1.03	1.16	1.7	2.04
EBT Excluding Unusual Items	100.19	104.81	97.18	118.86	83.89	70.98
Gain (Loss) on Sale of Investments	-	-	-	-19.19	-14.25	-28.92
Legal Settlements	-	-	-0.22	-	-	-
Pretax Income	100.19	104.81	96.96	99.67	69.65	42.06
Income Tax Expense	8.54	9.08	3.93	9.4	9.71	3.62
Net Income	91.65	95.73	93.03	90.27	59.94	38.44
Net Income to Common	91.65	95.73	93.03	90.27	59.94	38.44
Net Income Growth	4.06%	2.90%	3.05%	50.61%	55.92%	-41.73%
Shares Outstanding (Basic)	152	152	152	152	152	152
Shares Outstanding (Diluted)	152	152	152	152	152	152
EPS (Basic)	0.60	0.63	0.61	0.59	0.39	0.25
EPS (Diluted)	0.60	0.63	0.61	0.59	0.39	0.25
EPS Growth	4.06%	2.90%	3.05%	50.61%	55.92%	-41.73%
Free Cash Flow	23.93	11.37	10.87	32.17	84.31	9.98
Free Cash Flow Per Share	0.16	0.07	0.07	0.21	0.55	0.07
Dividend Per Share	0.240	0.240	0.210	0.180	0.150	0.120
Dividend Growth	14.29%	14.29%	16.67%	20.00%	25.00%	-7.69%
Gross Margin	55.32%	57.35%	55.38%	63.24%	69.52%	74.39%
Operating Margin	14.10%	14.71%	15.52%	21.62%	20.20%	21.94%
Profit Margin	15.26%	16.31%	18.27%	19.24%	15.85%	12.92%
Free Cash Flow Margin	3.98%	1.94%	2.14%	6.86%	22.30%	3.36%
EBITDA	112.47	113.44	104.9	125.47	102.12	90.28
EBITDA Margin	18.72%	19.32%	20.61%	26.75%	27.01%	30.35%
D&A For EBITDA	27.78	27.07	25.91	24.07	25.76	25.02
EBIT	84.68	86.37	78.99	101.4	76.37	65.27
EBIT Margin	14.10%	14.71%	15.52%	21.62%	20.20%	21.94%
Effective Tax Rate	8.52%	8.67%	4.05%	9.43%	13.94%	8.60%
Revenue as Reported	623.24	633.35	533.06	473.78	382.51	316.41

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.