Air Asia Co., Ltd. (TPE:2630)

Air Asia Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	5,291	5,454	5,200	4,864	4,069	3,885
Revenue Growth (YoY)	1.79%	4.89%	6.92%	19.52%	4.74%	-0.26%
Cost of Revenue	4,741	4,890	4,738	4,526	3,818	3,657
Gross Profit	550.61	564.53	462.36	337.43	251.07	228.08
Selling, General & Admin	243.33	238.93	242.3	236.34	216.41	226.67
Research & Development	25.04	26.16	22.66	2.07	-	-
Operating Expenses	276.91	273.64	264.96	242.31	215.84	224.22
Operating Income	273.7	290.89	197.4	95.11	35.23	3.85
Interest Expense	-34.49	-38.18	-37.01	-41.02	-30.95	-24.95
Interest & Investment Income	3.21	3.08	6.63	6.56	1.83	0.41
Currency Exchange Gain (Loss)	-0.31	-0.31	11.12	8.69	1.9	10.63
Other Non Operating Income (Expenses)	4.82	5.92	1.86	-0.82	5.34	5.86
EBT Excluding Unusual Items	246.93	261.4	180	68.52	13.35	-4.2
Gain (Loss) on Sale of Assets	0.38	0.38	-0.08	0.32	0.04	0.02
Asset Writedown	-0.32	-	-	-	-	-
Other Unusual Items	-	-	-	-	3.31	82.15
Pretax Income	246.98	261.78	179.92	68.84	16.7	77.97
Income Tax Expense	49.32	52.06	39.31	11.72	3.21	0.99
Net Income	197.66	209.73	140.61	57.12	13.49	76.98
Net Income to Common	197.66	209.73	140.61	57.12	13.49	76.98
Net Income Growth	49.59%	49.16%	146.16%	323.46%	-82.48%	81.62%
Shares Outstanding (Basic)	209	209	209	183	162	156
Shares Outstanding (Diluted)	209	210	210	187	162	175
Shares Change (YoY)	-0.08%	0.04%	11.82%	15.71%	-7.55%	-0.20%
EPS (Basic)	0.94	1.00	0.67	0.31	0.08	0.49
EPS (Diluted)	0.94	1.00	0.67	0.31	0.08	0.47
EPS Growth	49.76%	49.25%	116.74%	286.42%	-82.88%	71.21%
Free Cash Flow	1,105	237.04	29.12	-271.23	-79.16	-175.82
Free Cash Flow Per Share	5.28	1.13	0.14	-1.45	-0.49	-1.00
Dividend Per Share	-	-	0.621	0.530	0.360	0.233
Dividend Growth	-	-	17.09%	47.22%	54.77%	74.10%
Gross Margin	10.41%	10.35%	8.89%	6.94%	6.17%	5.87%
Operating Margin	5.17%	5.33%	3.80%	1.96%	0.87%	0.10%
Profit Margin	3.74%	3.84%	2.70%	1.17%	0.33%	1.98%
Free Cash Flow Margin	20.89%	4.35%	0.56%	-5.58%	-1.94%	-4.53%
EBITDA	353.7	370.67	269.71	161.32	103.51	71.38
EBITDA Margin	6.68%	6.80%	5.19%	3.32%	2.54%	1.84%
D&A For EBITDA	80	79.78	72.31	66.21	68.28	67.53
EBIT	273.7	290.89	197.4	95.11	35.23	3.85
EBIT Margin	5.17%	5.33%	3.80%	1.96%	0.87%	0.10%
Effective Tax Rate	19.97%	19.89%	21.85%	17.02%	19.21%	1.27%

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