Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS)

VLRS Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Revenue	3,142	3,259	2,847	2,222	1,094
Revenue Growth (YoY)	-3.59%	14.46%	28.16%	103.00%	-96.86%
Cost of Revenue	2,033	2,372	2,267	1,366	853.05
Gross Profit	1,109	886.59	580.35	855.87	241.35
Selling, General & Admin	169	167.34	124.29	96.71	86.71
Other Operating Expenses	-66	126.97	97.07	64.65	53.36
Operating Expenses	696	675.7	556.21	447.01	388.03
Operating Income	413	210.9	24.14	408.86	-146.68
Interest Expense	-33.62	-211.79	-187.35	-134.53	-115.12
Interest & Investment Income	49	38.22	12.9	3.53	4.78
Currency Exchange Gain (Loss)	14	-34.15	3.58	-124.16	13.6
Other Non Operating Income (Expenses)	-260.38	-7.56	-5.18	-26.22	-42.61
EBT Excluding Unusual Items	182	-4.37	-151.91	127.48	-286.02
Gain (Loss) on Sale of Assets	-	11.82	19.55	9.55	32.57
Pretax Income	182	7.44	-132.36	137.03	-253.45
Income Tax Expense	56	-0.38	-52.14	30.57	-61.73
Net Income	126	7.82	-80.22	106.45	-191.72
Net Income to Common	126	7.82	-80.22	106.45	-191.72
Net Income Growth	1511.46%	-	-	-	-
Shares Outstanding (Basic)	1,151	1,153	1,155	1,152	1,005
Shares Outstanding (Diluted)	1,166	1,165	1,165	1,166	1,005
Shares Change (YoY)	0.03%	0.03%	-0.04%	15.98%	-0.68%
EPS (Basic)	0.11	0.01	-0.07	0.09	-0.19
EPS (Diluted)	0.11	0.01	-0.07	0.09	-0.19
EPS Growth	1492.22%	-	-	-	-
Free Cash Flow	506.65	249.07	266.46	599.24	56.62
Free Cash Flow Per Share	0.43	0.21	0.23	0.51	0.06
Gross Margin	35.30%	27.21%	20.38%	38.52%	22.05%
Operating Margin	13.14%	6.47%	0.85%	18.40%	-13.40%
Profit Margin	4.01%	0.24%	-2.82%	4.79%	-17.52%
Free Cash Flow Margin	16.13%	7.64%	9.36%	26.97%	5.17%
EBITDA	1,006	338.3	114.93	459.16	-109.3
EBITDA Margin	32.02%	10.38%	4.04%	20.67%	-9.99%
D&A For EBITDA	593.05	127.4	90.79	50.3	37.38
EBIT	413	210.9	24.14	408.86	-146.68
EBIT Margin	13.14%	6.47%	0.85%	18.40%	-13.40%
Effective Tax Rate	30.77%	-	-	22.31%	-
Revenue as Reported	3,142	3,259	2,847	2,200	1,075

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q