Financhill
Buy
62

ULCC Quote, Financials, Valuation and Earnings

Last price:
$6.70
Seasonality move :
1.95%
Day range:
$6.30 - $6.85
52-week range:
$2.79 - $8.33
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
0.41x
P/B ratio:
2.77x
Volume:
3.8M
Avg. volume:
2.7M
1-year change:
31.84%
Market cap:
$1.5B
Revenue:
$3.6B
EPS (TTM):
-$0.04
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $2.5B $1.3B $2.1B $3.3B $3.6B
Revenue Growth (YoY) 16.33% -50.16% 64.8% 61.46% 7.91%
 
Cost of Revenues $2B $1.6B $2.3B $3B $3.3B
Gross Profit $503M -$390M -$202M $282M $302M
Gross Profit Margin 20.06% -31.2% -9.81% 8.48% 8.42%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $130M $78M $109M $164M $164M
Other Inc / (Exp) -- -- -- -$10M -$1M
Operating Expenses $194M -$25M -$85M $317M $304M
Operating Income $309M -$365M -$117M -$35M -$2M
 
Net Interest Expenses -- $7M $27M -- --
EBT. Incl. Unusual Items $325M -$372M -$144M -$45M $32M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $74M -$147M -$42M -$8M $43M
Net Income to Company $251M -$225M -$102M -$37M -$11M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $251M -$225M -$102M -$37M -$11M
 
Basic EPS (Cont. Ops) $1.17 -$1.05 -$0.48 -$0.17 -$0.05
Diluted EPS (Cont. Ops) $1.17 -$1.05 -$0.48 -$0.17 -$0.05
Weighted Average Basic Share $214.3M $215.1M $211.4M $217.6M $220.1M
Weighted Average Diluted Share $214.3M $215.1M $211.4M $217.6M $220.1M
 
EBITDA $371M -$327M -$77M $10M $83M
EBIT $325M -$360M -$115M -$35M $33M
 
Revenue (Reported) $2.5B $1.3B $2.1B $3.3B $3.6B
Operating Income (Reported) $309M -$365M -$117M -$35M -$2M
Operating Income (Adjusted) $325M -$360M -$115M -$35M $33M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $245M $630M $906M $883M $935M
Revenue Growth (YoY) -33.42% 157.14% 43.81% -2.54% 5.89%
 
Cost of Revenues $393M $602M $779M $856M $910M
Gross Profit -$148M $28M $127M $27M $25M
Gross Profit Margin -60.41% 4.44% 14.02% 3.06% 2.67%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $17M $33M $42M $41M $46M
Other Inc / (Exp) -- -- $12M -- --
Operating Expenses -$67M -$15M $83M $81M $6M
Operating Income -$81M $43M $44M -$54M $19M
 
Net Interest Expenses $1M $2M -- -- --
EBT. Incl. Unusual Items -$82M $41M $58M -$45M $27M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$31M $18M $27M -$13M $1M
Net Income to Company -$51M $23M $31M -$32M $26M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$51M $23M $31M -$32M $26M
 
Basic EPS (Cont. Ops) -$0.24 $0.10 $0.13 -$0.14 $0.11
Diluted EPS (Cont. Ops) -$0.24 $0.10 $0.13 -$0.14 $0.11
Weighted Average Basic Share $214.3M $215.5M $217.7M $220.8M $224.5M
Weighted Average Diluted Share $214.3M $218.3M $219.9M $220.8M $225.7M
 
EBITDA -$73M $54M $67M -$31M $48M
EBIT -$81M $44M $59M -$44M $29M
 
Revenue (Reported) $245M $630M $906M $883M $935M
Operating Income (Reported) -$81M $43M $44M -$54M $19M
Operating Income (Adjusted) -$81M $44M $59M -$44M $29M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $1.4B $1.7B $3B $3.6B $3.7B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.6B $2.1B $2.9B $3.2B $3.5B
Gross Profit -$178M -$342M $150M $361M $161M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $81M $96M $149M $169M $172M
Other Inc / (Exp) -- -- -$8M -$2M --
Operating Expenses $5M -$127M $318M $314M $150M
Operating Income -$183M -$215M -$168M $47M $11M
 
Net Interest Expenses -- $36M $5M -- --
EBT. Incl. Unusual Items -$181M -$251M -$181M $76M $41M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$83M -$75M -$51M $10M $47M
Net Income to Company -$98M -$176M -$130M $66M -$6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$98M -$176M -$130M $66M -$6M
 
Basic EPS (Cont. Ops) -$0.46 -$0.83 -$0.62 $0.30 -$0.04
Diluted EPS (Cont. Ops) -$0.46 -$0.83 -$0.62 $0.29 -$0.04
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$142M -$175M -$124M $123M $110M
EBIT -$178M -$213M -$170M $78M $43M
 
Revenue (Reported) $1.4B $1.7B $3B $3.6B $3.7B
Operating Income (Reported) -$183M -$215M -$168M $47M $11M
Operating Income (Adjusted) -$178M -$213M -$170M $78M $43M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $983M $1.5B $2.4B $2.7B $2.8B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.2B $1.6B $2.3B $2.5B $2.7B
Gross Profit -$234M -$186M $166M $245M $104M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $62M $80M $120M $125M $133M
Other Inc / (Exp) -- -- -$8M -- --
Operating Expenses -$53M -$155M $248M $245M $91M
Operating Income -$181M -$31M -$82M -- $13M
 
Net Interest Expenses $1M $27M $8M -- --
EBT. Incl. Unusual Items -$179M -$58M -$95M $26M $35M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$81M -$9M -$18M -- $4M
Net Income to Company -$98M -$49M -$77M $26M $31M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$98M -$49M -$77M $26M $31M
 
Basic EPS (Cont. Ops) -$0.46 -$0.24 -$0.37 $0.12 $0.13
Diluted EPS (Cont. Ops) -$0.46 -$0.24 -$0.37 $0.11 $0.13
Weighted Average Basic Share $642.8M $644.9M $652.6M $658.4M $672.1M
Weighted Average Diluted Share $642.8M $649.2M $656.1M $659.4M $675.7M
 
EBITDA -$154M -$2M -$49M $64M $91M
EBIT -$177M -$30M -$85M $28M $38M
 
Revenue (Reported) $983M $1.5B $2.4B $2.7B $2.8B
Operating Income (Reported) -$181M -$31M -$82M -- $13M
Operating Income (Adjusted) -$177M -$30M -$85M $28M $38M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $768M $378M $918M $761M $609M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $83M $28M $50M $90M $93M
Inventory $20M $18M $29M $55M $79M
Prepaid Expenses $13M $24M $14M $20M $21M
Other Current Assets $37M $15M $14M $62M $53M
Total Current Assets $944M $650M $1B $1B $871M
 
Property Plant And Equipment $2.8B $2.7B $3B $3.2B $3.8B
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles $30M $29M $29M $28M $28M
Other Long-Term Assets $125M $143M $199M $265M $330M
Total Assets $3.9B $3.6B $4.2B $4.5B $5B
 
Accounts Payable $71M $71M $86M $89M $134M
Accrued Expenses $76M $97M $89M $104M $107M
Current Portion Of Long-Term Debt $150M $101M $127M $157M $251M
Current Portion Of Capital Lease Obligations $387M $416M $444M $465M $549M
Other Current Liabilities $504M $277M $496M $627M $492M
Total Current Liabilities $1.3B $1B $1.3B $1.6B $1.7B
 
Long-Term Debt $95M $247M $287M $272M $219M
Capital Leases -- -- -- -- --
Total Liabilities $3.3B $3.2B $3.7B $4B $4.5B
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -$10M -$6M -$7M
Common Equity $542M $310M $530M $509M $507M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $542M $310M $530M $509M $507M
 
Total Liabilities and Equity $3.9B $3.6B $4.2B $4.5B $5B
Cash and Short Terms $768M $378M $918M $761M $609M
Total Debt $245M $348M $414M $429M $470M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents -- $802M $674M $640M $576M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- $49M $65M $109M $147M
Inventory -- $29M $54M $75M $76M
Prepaid Expenses -- $14M $25M $29M $19M
Other Current Assets -- $27M $49M $68M $72M
Total Current Assets -- $1.1B $892M $936M $910M
 
Property Plant And Equipment -- $3B $3.1B $3.6B $4.5B
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $165M $258M $349M $409M
Total Assets -- $4.3B $4.2B $4.9B $5.8B
 
Accounts Payable -- $90M $78M $109M $128M
Accrued Expenses -- $84M $97M $104M $107M
Current Portion Of Long-Term Debt -- $85M $193M $266M $190M
Current Portion Of Capital Lease Obligations -- $450M $451M $528M $632M
Other Current Liabilities -- $461M $542M $563M $524M
Total Current Liabilities -- $1.2B $1.5B $1.7B $1.7B
 
Long-Term Debt -- $280M $228M $220M $279M
Capital Leases -- -- -- -- --
Total Liabilities -- $3.7B $3.8B $4.4B $5.3B
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -$6M -$7M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $576M $468M $541M $549M
 
Total Liabilities and Equity -- $4.3B $4.2B $4.9B $5.8B
Cash and Short Terms -- $802M $674M $640M $576M
Total Debt -- $365M $421M $486M $469M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders $251M -$225M -$102M -$37M -$11M
Depreciation & Amoritzation $46M $33M $38M $45M $50M
Stock-Based Compensation $8M $8M $11M $15M $14M
Change in Accounts Receivable -$6M $61M -$14M -$28M $33M
Change in Inventories -$18M -$166M $174M -$40M -$7M
Cash From Operations $171M -$557M $216M -$78M -$261M
 
Capital Expenditures $62M $16M $63M $152M $87M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$62M $11M -$67M -$154M -$90M
 
Dividends Paid (Ex Special Dividend) -$159M -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $262M $283M $222M $344M $334M
Long-Term Debt Repaid -$139M -$126M -$97M -$266M -$131M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$3M -$1M -$3M -$4M -$5M
Cash From Financing -$39M $156M $391M $75M $199M
 
Beginning Cash (CF) $698M $768M $378M $918M $761M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $70M -$390M $540M -$157M -$152M
Ending Cash (CF) $768M $378M $918M $761M $609M
 
Levered Free Cash Flow $109M -$573M $153M -$230M -$348M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$51M $23M $31M -$32M $26M
Depreciation & Amoritzation $8M $10M $8M $13M $19M
Stock-Based Compensation $2M $3M $4M $3M $3M
Change in Accounts Receivable $1M $3M -- -$16M -$52M
Change in Inventories -$117M $6M -$1M -$27M $3M
Cash From Operations -$173M -$146M -$105M -$173M -$156M
 
Capital Expenditures -$11M $8M $62M $57M $14M
Cash Acquisitions -- -- -- -- --
Cash From Investing $30M -$6M -$60M -$58M -$12M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $150M $55M $99M $124M $345M
Long-Term Debt Repaid -$68M -$37M -$26M -$33M -$259M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $1M -- -- -- --
Cash From Financing $83M $18M $73M $91M $86M
 
Beginning Cash (CF) $625M $936M $766M $780M $658M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$60M -$134M -$92M -$140M -$82M
Ending Cash (CF) $565M $802M $674M $640M $576M
 
Levered Free Cash Flow -$162M -$154M -$167M -$230M -$170M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$98M -$176M -$130M $66M -$6M
Depreciation & Amoritzation $36M $38M $46M $45M $67M
Stock-Based Compensation $24M $10M $14M $14M $16M
Change in Accounts Receivable $40M -$1M -$5M -$10M -$32M
Change in Inventories -$92M -$49M $126M -$23M $15M
Cash From Operations -$284M -$95M -$52M -$113M -$223M
 
Capital Expenditures $13M $30M $160M $124M $60M
Cash Acquisitions -- -- -- -- --
Cash From Investing $10M -- -$188M -$128M -$45M
 
Dividends Paid (Ex Special Dividend) -$154M -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $304M $181M $327M $346M $672M
Long-Term Debt Repaid -$151M -$112M -$215M -$135M -$467M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$3M -$3M -$6M -$2M
Cash From Financing -$6M $332M $112M $207M $204M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$280M $237M -$128M -$34M -$64M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$297M -$125M -$212M -$237M -$283M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$98M -$49M -$77M $26M $31M
Depreciation & Amoritzation $23M $28M $36M $36M $53M
Stock-Based Compensation $6M $8M $11M $10M $12M
Change in Accounts Receivable $47M -$15M -$6M $12M -$53M
Change in Inventories -$104M $13M -$35M -$18M $4M
Cash From Operations -$366M $96M -$172M -$207M -$169M
 
Capital Expenditures $6M $20M $117M $89M $62M
Cash Acquisitions -- -- -- -- --
Cash From Investing $15M $4M -$117M -$91M -$46M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $260M $158M $263M $265M $603M
Long-Term Debt Repaid -$111M -$97M -$215M -$84M -$420M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1M -$3M -$3M -$5M -$2M
Cash From Financing $148M $324M $45M $177M $182M
 
Beginning Cash (CF) $2B $1.7B $2.4B $2.3B $1.9B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$203M $424M -$244M -$121M -$33M
Ending Cash (CF) $1.8B $2.2B $2.2B $2.2B $1.9B
 
Levered Free Cash Flow -$372M $76M -$289M -$296M -$231M

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