Frontier Group Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	3,589	3,326	2,060	1,250	2,508	2,156
Revenue Growth (YoY)	7.91%	61.46%	64.80%	-50.16%	16.33%	-
Cost of Revenue	3,237	2,999	2,224	1,607	1,959	1,705
Gross Profit	352	327	-164	-357	549	451
Selling, General & Admin	164	164	109	78	130	110
Other Operating Expenses	191	208	-156	-70	110	249
Operating Expenses	355	372	-47	8	240	359
Operating Income	-3	-45	-117	-365	309	92
Interest Expense / Income	29	21	33	18	11	13
Other Expense / Income	-64	-21	-6	-11	-27	-26
Pretax Income	32	-45	-144	-372	325	105
Income Tax	43	-8	-42	-147	74	25
Net Income	-11	-37	-102	-225	251	80
Net Income Growth	-	-	-	-	213.75%	-
Shares Outstanding (Basic)	221	218	216	215	-	-
Shares Change	1.52%	0.81%	0.43%	-	-	-
EPS (Basic)	-0.05	-0.17	-0.48	-1.13	1.19	0.37
EPS (Diluted)	-0.05	-0.17	-0.48	-1.13	1.19	0.36
EPS Growth	-	-	-	-	230.56%	-
Free Cash Flow	-348	-230	153	-545	109	130
Free Cash Flow Per Share	-1.57	-1.06	0.71	-2.53	-	-
Gross Margin	9.81%	9.83%	-7.96%	-28.56%	21.89%	20.92%
Operating Margin	-0.08%	-1.35%	-5.68%	-29.20%	12.32%	4.27%
Profit Margin	-0.31%	-1.11%	-4.95%	-18.00%	10.01%	3.71%
Free Cash Flow Margin	-9.70%	-6.92%	7.43%	-43.60%	4.35%	6.03%
Effective Tax Rate	134.38%	-	-	-	22.77%	23.81%
EBITDA	111	21	-73	-321	382	196
EBITDA Margin	3.09%	0.63%	-3.54%	-25.68%	15.23%	9.09%
Depreciation & Amortization	50	45	38	33	46	78
EBIT	61	-24	-111	-354	336	118
EBIT Margin	1.70%	-0.72%	-5.39%	-28.32%	13.40%	5.47%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).