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 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Revenue	733.49	596.14	1,868	1,793	1,446
Revenue Growth (YoY)	23.04%	-68.09%	4.19%	24.00%	29.04%
Cost of Revenue	803.33	697.96	1,587	1,482	1,226
Gross Profit	-69.84	-101.82	281.47	310.65	220.07
Other Operating Expenses	88.76	79.5	246.21	274.25	192.32
Operating Expenses	192.36	169.39	402.53	432.64	366.14
Operating Income	-262.2	-271.21	-121.06	-121.98	-146.07
Interest Expense	-47.79	-27.78	-48.66	-33.49	-31.66
Interest & Investment Income	-	6.56	6.41	13.14	12.6
Earnings From Equity Investments	-0.87	-0.91	0.2	0.58	0.25
Other Non Operating Income (Expenses)	-18.58	-20.54	-30.8	-64.97	-75.35
Pretax Income	-329.43	-313.87	-193.91	-206.73	-240.24
Income Tax Expense	3.19	2.31	5.12	5.81	5.09
Earnings From Continuing Operations	-332.62	-316.18	-199.03	-212.54	-245.33
Minority Interest in Earnings	-2.41	-1.27	-10.01	-3.96	-3.08
Net Income	-335.03	-317.45	-209.04	-216.5	-248.4
Net Income to Common	-335.03	-317.45	-209.04	-216.5	-248.4
Free Cash Flow	23.38	10.67	-38.2	193.96	7.52
Gross Margin	-9.52%	-17.08%	15.07%	17.33%	15.22%
Operating Margin	-35.75%	-45.49%	-6.48%	-6.80%	-10.10%
Profit Margin	-45.68%	-53.25%	-11.19%	-12.07%	-17.18%
Free Cash Flow Margin	3.19%	1.79%	-2.04%	10.82%	0.52%
EBITDA	-158.6	-181.32	35.26	36.41	27.75
EBITDA Margin	-21.62%	-30.41%	1.89%	2.03%	1.92%
D&A For EBITDA	103.6	89.89	156.32	158.39	173.82
EBIT	-262.2	-271.21	-121.06	-121.98	-146.07
EBIT Margin	-35.75%	-45.49%	-6.48%	-6.80%	-10.10%
Revenue as Reported	809.1	646.69	1,936	1,878	1,524

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