Controladora Vuela Compañía de Aviación, SAB de CV (VLRS)

VLRS Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,259	3,259	2,847	2,200	1,075	1,738
Revenue Growth (YoY)	14.46%	14.46%	29.40%	104.68%	-38.14%	27.28%
Cost of Revenue	1,871	1,871	1,901	1,086	658.71	959.23
Gross Profit	1,388	1,388	946.51	1,114	416.27	778.4
Selling, General & Admin	554.06	554.06	407.38	335.92	250.48	252.42
Other Operating Expenses	611.47	611.47	495.45	381.5	299.31	308.21
Operating Expenses	1,166	1,166	902.82	717.42	549.79	560.63
Operating Income	222.71	222.71	43.69	397.03	-133.52	217.77
Interest Expense / Income	219.34	219.34	192.54	139.37	138.32	113.49
Other Expense / Income	-4.08	-4.08	-16.48	120.63	-18.39	-82.42
Pretax Income	7.44	7.44	-132.36	137.03	-253.45	186.69
Income Tax	-0.38	-0.38	-52.14	30.57	-61.73	54.74
Net Income	7.82	7.82	-80.22	106.45	-191.72	131.95
Shares Outstanding (Basic)	1,108	1,108	1,108	1,078	924	924
Shares Change	-	-	2.83%	16.68%	-	-
EPS (Basic)	0.07	0.07	-0.69	0.92	-1.91	1.30
EPS (Diluted)	0.07	0.07	-0.69	0.91	-1.88	1.30
Free Cash Flow	239.21	239.21	300	606.77	138.07	340.63
Free Cash Flow Per Share	2.16	2.16	2.71	5.63	1.49	3.69
Gross Margin	42.60%	42.60%	33.24%	50.65%	38.72%	44.80%
Operating Margin	6.83%	6.83%	1.53%	18.04%	-12.42%	12.53%
Profit Margin	0.24%	0.24%	-2.82%	4.84%	-17.83%	7.59%
Free Cash Flow Margin	7.34%	7.34%	10.54%	27.58%	12.84%	19.60%
Effective Tax Rate	-5.07%	-5.07%	-	22.31%	-	29.32%
EBITDA	723.1	723.1	478.1	602.8	163.38	569.11
EBITDA Margin	22.19%	22.19%	16.79%	27.40%	15.20%	32.75%
Depreciation & Amortization	496.31	496.31	417.93	326.4	278.52	268.92
EBIT	226.79	226.79	60.17	276.4	-115.13	300.19
EBIT Margin	6.96%	6.96%	2.11%	12.56%	-10.71%	17.28%

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