Great Lakes Aviation Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010
Period Ending	Sep '15 Sep 30, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010
Revenue	47.63	59.15	117.2	137.78	124.37	125.4
Revenue Growth (YoY)	-31.81%	-49.53%	-14.94%	10.79%	-0.83%	2.92%
Cost of Revenue	38.12	46	89.24	101.25	92.39	88.3
Gross Profit	9.52	13.16	27.96	36.53	31.97	37.1
Other Operating Expenses	8.99	12.75	17.79	21.29	20.41	21.16
Operating Expenses	14.66	19.01	24.19	27.12	25.65	26.46
Operating Income	-5.14	-5.86	3.76	9.41	6.32	10.64
Interest Expense	-4.88	-4.56	-4.32	-5.01	-2.62	-1.92
Interest & Investment Income	0	0	0	0	0	0.01
EBT Excluding Unusual Items	-10.01	-10.41	-0.55	4.41	3.71	8.73
Other Unusual Items	-1	-1	-	-	13.7	-
Pretax Income	-11.01	-11.41	-0.55	4.41	17.4	8.73
Income Tax Expense	-2.35	-4.04	-0.11	1.5	6.71	3.68
Net Income	-8.66	-7.37	-0.44	2.9	10.69	5.05
Net Income to Common	-8.66	-7.37	-0.44	2.9	10.69	5.05
Net Income Growth	-	-	-	-72.85%	111.51%	-12.60%
Shares Outstanding (Basic)	9	9	9	9	14	14
Shares Outstanding (Diluted)	9	9	9	9	14	14
Shares Change (YoY)	-	-	-1.00%	-34.02%	-4.89%	0.02%
EPS (Basic)	-0.97	-0.82	-0.05	0.33	0.78	0.35
EPS (Diluted)	-0.97	-0.82	-0.05	0.32	0.78	0.35
EPS Growth	-	-	-	-58.97%	122.86%	-12.50%
Free Cash Flow	-4.73	-3.6	5.71	2.57	4.12	7.84
Free Cash Flow Per Share	-0.53	-0.40	0.64	0.28	0.30	0.54
Gross Margin	19.98%	22.24%	23.85%	26.51%	25.71%	29.59%
Operating Margin	-10.78%	-9.90%	3.21%	6.83%	5.09%	8.49%
Profit Margin	-18.19%	-12.46%	-0.38%	2.11%	8.59%	4.03%
Free Cash Flow Margin	-9.93%	-6.09%	4.87%	1.87%	3.31%	6.25%
EBITDA	0.53	0.41	10.16	15.24	11.56	15.94
EBITDA Margin	1.10%	0.69%	8.67%	11.06%	9.30%	12.71%
D&A For EBITDA	5.66	6.26	6.4	5.83	5.24	5.3
EBIT	-5.14	-5.86	3.76	9.41	6.32	10.64
EBIT Margin	-10.78%	-9.90%	3.21%	6.83%	5.09%	8.49%
Effective Tax Rate	-	-	-	34.12%	38.58%	42.14%
Revenue as Reported	47.63	59.15	117.2	137.78	124.37	125.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.