Avation PLC (LON: AVAP)

Avation Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating Revenue	92.4	92.4	92.69	112.23	117.74	135.27
Revenue	92.4	92.4	92.69	112.23	117.74	135.27
Revenue Growth (YoY)	-0.32%	-0.32%	-17.41%	-4.68%	-12.96%	13.62%
Cost of Revenue	-	-	-	-	1.07	-
Gross Profit	92.4	92.4	92.69	112.23	116.67	135.27
Selling, General & Admin	11.04	11.04	11.14	13.16	12.05	11.91
Other Operating Expenses	0.19	0.19	7.15	3.09	-0.25	1.88
Operating Expenses	48.24	48.24	57.52	53.57	83.56	60.46
Operating Income	44.15	44.15	35.17	58.66	33.11	74.81
Interest Expense	-51.57	-51.57	-54.05	-56.74	-59.04	-56.19
Interest & Investment Income	6.01	6.01	3.13	0.85	0.12	0.71
Currency Exchange Gain (Loss)	0.81	0.81	3.15	1.02	0.34	0.54
Other Non Operating Income (Expenses)	0.27	0.27	-0.17	-0.47	0.47	0.03
EBT Excluding Unusual Items	-0.34	-0.34	-12.76	3.33	-25	19.9
Gain (Loss) on Sale of Investments	-0.49	-0.49	7.52	-	-	-
Gain (Loss) on Sale of Assets	-2.92	-2.92	-1	-2.4	-6.95	3.23
Asset Writedown	41.31	41.31	23.83	32.16	-87.54	-8.41
Other Unusual Items	-7.53	-7.53	-3.75	-10.59	49.27	-0.08
Pretax Income	30.05	30.05	13.83	22.5	-70.22	14.64
Income Tax Expense	10.31	10.31	0.89	5.38	14.66	4.92
Earnings From Continuing Operations	19.74	19.74	12.94	17.13	-84.89	9.72
Net Income to Company	19.74	19.74	12.94	17.13	-84.89	9.72
Minority Interest in Earnings	-	-	-0	-0	-0	-0
Net Income	19.74	19.74	12.94	17.13	-84.89	9.71
Net Income to Common	19.74	19.74	12.94	17.13	-84.89	9.71
Net Income Growth	52.48%	52.48%	-24.42%	-	-	-62.19%
Shares Outstanding (Basic)	71	71	70	69	65	63
Shares Outstanding (Diluted)	71	71	70	69	65	63
Shares Change (YoY)	1.57%	1.57%	0.92%	7.36%	2.33%	-1.28%
EPS (Basic)	0.28	0.28	0.19	0.25	-1.31	0.15
EPS (Diluted)	0.28	0.28	0.18	0.25	-1.31	0.15
EPS Growth	50.11%	50.11%	-25.10%	-	-	-61.70%
Free Cash Flow	93.55	93.55	88.13	120.1	82.37	29.77
Free Cash Flow Per Share	1.31	1.31	1.26	1.73	1.27	0.47
Dividend Per Share	-	-	-	-	-	0.021
Dividend Growth	-	-	-	-	-	-80.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	99.09%	100.00%
Operating Margin	47.79%	47.79%	37.94%	52.27%	28.12%	55.30%
Profit Margin	21.36%	21.36%	13.96%	15.26%	-72.10%	7.18%
Free Cash Flow Margin	101.25%	101.25%	95.08%	107.01%	69.96%	22.00%
EBITDA	81.4	81.4	73.74	97.96	79.44	121.48
EBITDA Margin	88.10%	88.10%	79.55%	87.29%	67.47%	89.80%
D&A For EBITDA	37.25	37.25	38.57	39.3	46.33	46.67
EBIT	44.15	44.15	35.17	58.66	33.11	74.81
EBIT Margin	47.79%	47.79%	37.94%	52.27%	28.12%	55.30%
Effective Tax Rate	34.32%	34.32%	6.41%	23.89%	-	33.63%
Revenue as Reported	95.97	95.97	100.08	116.38	120.14	136.54

Source: S&P Capital IQ. Standard template. Financial Sources.