Société Tunisienne de l'Air S.A. (BVMT:TAIR)

BVMT:TAIR Income Statement

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

Fiscal Year	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	596.14	1,868	1,793	1,446	1,121
Revenue Growth (YoY)	-68.09%	4.19%	24.00%	29.04%	12.57%
Cost of Revenue	697.96	1,587	1,482	1,226	959.07
Gross Profit	-101.82	281.47	310.65	220.07	161.49
Other Operating Expenses	79.5	246.21	274.25	192.32	132.92
Operating Expenses	169.39	402.53	432.64	366.14	306.99
Operating Income	-271.21	-121.06	-121.98	-146.07	-145.51
Interest Expense	-27.78	-48.66	-33.49	-31.66	-29.98
Interest & Investment Income	6.56	6.41	13.14	12.6	7.93
Earnings From Equity Investments	-0.91	0.2	0.58	0.25	-0.48
Other Non Operating Income (Expenses)	-20.54	-30.8	-64.97	-75.35	-36.32
Pretax Income	-313.87	-193.91	-206.73	-240.24	-204.36
Income Tax Expense	2.31	5.12	5.81	5.09	3.55
Earnings From Continuing Operations	-316.18	-199.03	-212.54	-245.33	-207.91
Minority Interest in Earnings	-1.27	-10.01	-3.96	-3.08	-3.94
Net Income	-317.45	-209.04	-216.5	-248.4	-211.85
Net Income to Common	-317.45	-209.04	-216.5	-248.4	-211.85
Free Cash Flow	10.67	-38.2	193.96	7.52	15.77
Gross Margin	-17.08%	15.07%	17.33%	15.22%	14.41%
Operating Margin	-45.49%	-6.48%	-6.80%	-10.10%	-12.98%
Profit Margin	-53.25%	-11.19%	-12.07%	-17.18%	-18.91%
Free Cash Flow Margin	1.79%	-2.04%	10.82%	0.52%	1.41%
EBITDA	-181.32	35.26	36.41	27.75	28.57
EBITDA Margin	-30.41%	1.89%	2.03%	1.92%	2.55%
D&A For EBITDA	89.89	156.32	158.39	173.82	174.08
EBIT	-271.21	-121.06	-121.98	-146.07	-145.51
EBIT Margin	-45.49%	-6.48%	-6.80%	-10.10%	-12.98%
Revenue as Reported	646.69	1,936	1,878	1,524	1,187

Updated Oct 4, 2001. Source: S&P Global Market Intelligence. Standard template. Financial Sources.