LATAM Airlines Group S.A. (LTMAY)

LATAM Airlines Group Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	11,641	9,517	4,884	4,335	10,070
Revenue Growth (YoY)	22.32%	94.86%	12.67%	-56.95%	1.76%
Cost of Revenue	8,871	7,032	4,963	4,779	7,951
Gross Profit	2,770	2,484	-79.47	-444.11	2,119
Selling, General & Admin	1,216	1,213	731.31	793.79	1,315
Other Operating Expenses	-384.16	1,136	271.35	427.39	153.11
Operating Expenses	1,600	2,350	1,003	1,221	1,468
Operating Income	1,169	1,496	-3,425.79	-1,665.29	753.13
Interest Income	0	1,052	21.11	50.4	26.28
Interest Expense	708.37	942.4	748.02	586.98	569.44
Other Expense / Income	-135.93	258	-68.49	2,904	73.23
Pretax Income	596.49	1,602	-4,084.21	-5,105.72	141.92
Income Tax	14.94	8.91	568.94	-550.19	-53.7
Net Income	581.83	1,339	-4,653.14	-4,555.54	190.43
Net Income Growth	-56.55%	-	-	-	4.67%
Shares Outstanding (Basic)	604,438	96,614	10,955	10,955	10,955
Shares Outstanding (Diluted)	604,442	98,530	10,955	10,955	10,955
Shares Change	513.46%	799.43%	-	-	0.78%
EPS (Basic)	0.00	0.01	-0.42	-0.42	0.02
EPS (Diluted)	0.00	0.01	-0.42	-0.42	0.02
EPS Growth	-92.65%	-	-	-	4.19%
Free Cash Flow	904.05	-359,647.65	-859.86	-894.39	1,410
Free Cash Flow Per Share	0.00	-3.65	-0.08	-0.08	0.13
Gross Margin	23.79%	26.11%	-1.63%	-10.25%	21.04%
Operating Margin	10.04%	15.72%	-70.14%	-38.42%	7.48%
Profit Margin	5.00%	14.07%	-95.27%	-105.10%	1.89%
Free Cash Flow Margin	7.77%	-3779.08%	-17.61%	-20.63%	14.00%
Effective Tax Rate	2.50%	0.56%	-	-	-37.84%
EBITDA	2,375	2,545	-1,130.41	-4,518.75	743.93
EBITDA Margin	20.40%	26.74%	-23.15%	-104.25%	7.39%
Depreciation & Amortization	1,205	1,180	1,165	1,389	1,470
EBIT	1,169	1,365	-2,295.81	-5,908.13	-726.05
EBIT Margin	10.04%	14.34%	-47.01%	-136.30%	-7.21%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.