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ULCC Quote, Financials, Valuation and Earnings

Last price:
$4.19
Seasonality move :
-10.71%
Day range:
$3.98 - $4.20
52-week range:
$2.79 - $10.26
Dividend yield:
0%
P/E ratio:
14.34x
P/S ratio:
0.25x
P/B ratio:
1.66x
Volume:
2.9M
Avg. volume:
3.6M
1-year change:
-3.26%
Market cap:
$947.5M
Revenue:
$3.8B
EPS (TTM):
$0.29
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $1.3B $2.1B $3.3B $3.6B $3.8B
Revenue Growth (YoY) -50.16% 64.8% 61.46% 7.91% 5.18%
 
Cost of Revenues $1.6B $2.3B $3B $3.3B $3.6B
Gross Profit -$390M -$202M $282M $302M $187M
Gross Profit Margin -31.2% -9.81% 8.48% 8.42% 4.95%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $78M $109M $164M $164M $178M
Other Inc / (Exp) $193M $295M -$10M -$1M --
Operating Expenses $168M $210M $317M $304M $129M
Operating Income -$558M -$412M -$35M -$2M $58M
 
Net Interest Expenses $7M $27M -- -- --
EBT. Incl. Unusual Items -$372M -$144M -$45M $32M $86M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$147M -$42M -$8M $43M $1M
Net Income to Company -$225M -$102M -$37M -$11M $85M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$225M -$102M -$37M -$11M $85M
 
Basic EPS (Cont. Ops) -$1.05 -$0.48 -$0.17 -$0.05 $0.37
Diluted EPS (Cont. Ops) -$1.05 -$0.48 -$0.17 -$0.05 $0.37
Weighted Average Basic Share $215.1M $211.4M $217.6M $220.1M $224.3M
Weighted Average Diluted Share $215.1M $211.4M $217.6M $220.1M $226.5M
 
EBITDA -$327M -$77M $10M $83M $162M
EBIT -$360M -$115M -$35M $33M $90M
 
Revenue (Reported) $1.3B $2.1B $3.3B $3.6B $3.8B
Operating Income (Reported) -$558M -$412M -$35M -$2M $58M
Operating Income (Adjusted) -$360M -$115M -$35M $33M $90M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $271M $605M $848M $865M $912M
Revenue Growth (YoY) -50.18% 123.25% 40.17% 2.01% 5.43%
 
Cost of Revenues $465M $667M $806M $857M $899M
Gross Profit -$194M -$62M $42M $8M $13M
Gross Profit Margin -71.59% -10.25% 4.95% 0.93% 1.43%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $17M $32M $40M $40M $41M
Other Inc / (Exp) $136M -$11M -- -- --
Operating Expenses $34M $80M $67M $39M $59M
Operating Income -$228M -$142M -$25M -$31M -$46M
 
Net Interest Expenses $21M $8M -- -- --
EBT. Incl. Unusual Items -$113M -$161M -$17M -$24M -$40M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$22M -$40M -$4M $2M $3M
Net Income to Company -$91M -$121M -$13M -$26M -$43M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$91M -$121M -$13M -$26M -$43M
 
Basic EPS (Cont. Ops) -$0.42 -$0.56 -$0.06 -$0.12 -$0.19
Diluted EPS (Cont. Ops) -$0.42 -$0.56 -$0.06 -$0.12 -$0.19
Weighted Average Basic Share $215.1M $217.3M $218.2M $223.4M $227M
Weighted Average Diluted Share $215.1M $217.3M $218.2M $223.4M $227M
 
EBITDA -$84M -$140M -$6M -$8M -$19M
EBIT -$92M -$153M -$17M -$24M -$39M
 
Revenue (Reported) $271M $605M $848M $865M $912M
Operating Income (Reported) -$228M -$142M -$25M -$31M -$46M
Operating Income (Adjusted) -$92M -$153M -$17M -$24M -$39M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $977M $2.4B $3.6B $3.6B $3.8B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.5B $2.5B $3.2B $3.3B $3.6B
Gross Profit -$543M -$70M $386M $268M $192M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $65M $124M $172M $164M $179M
Other Inc / (Exp) $329M $148M $1M -- --
Operating Expenses $137M $256M $304M $276M $149M
Operating Income -$680M -$326M $82M -$8M $43M
 
Net Interest Expenses $31M $14M -- -- --
EBT. Incl. Unusual Items -$382M -$192M $99M $25M $70M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$130M -$60M $28M $49M $2M
Net Income to Company -$252M -$132M $71M -$24M $68M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$252M -$132M $71M -$24M $68M
 
Basic EPS (Cont. Ops) -$1.18 -$0.63 $0.31 -$0.11 $0.30
Diluted EPS (Cont. Ops) -$1.18 -$0.63 $0.31 -$0.12 $0.29
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$316M -$133M $144M $81M $151M
EBIT -$349M -$176M $101M $26M $75M
 
Revenue (Reported) $977M $2.4B $3.6B $3.6B $3.8B
Operating Income (Reported) -$680M -$326M $82M -$8M $43M
Operating Income (Adjusted) -$349M -$176M $101M $26M $75M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $271M $605M $848M $865M $912M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $465M $667M $806M $857M $899M
Gross Profit -$194M -$62M $42M $8M $13M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $17M $32M $40M $40M $41M
Other Inc / (Exp) $136M -$11M -- -- --
Operating Expenses $34M $80M $67M $39M $59M
Operating Income -$228M -$142M -$25M -$31M -$46M
 
Net Interest Expenses $21M $8M -- -- --
EBT. Incl. Unusual Items -$113M -$161M -$17M -$24M -$40M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$22M -$40M -$4M $2M $3M
Net Income to Company -$91M -$121M -$13M -$26M -$43M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$91M -$121M -$13M -$26M -$43M
 
Basic EPS (Cont. Ops) -$0.42 -$0.56 -$0.06 -$0.12 -$0.19
Diluted EPS (Cont. Ops) -$0.42 -$0.56 -$0.06 -$0.12 -$0.19
Weighted Average Basic Share $215.1M $217.3M $218.2M $223.4M $227M
Weighted Average Diluted Share $215.1M $217.3M $218.2M $223.4M $227M
 
EBITDA -$84M -$140M -$6M -$8M -$19M
EBIT -$92M -$153M -$17M -$24M -$39M
 
Revenue (Reported) $271M $605M $848M $865M $912M
Operating Income (Reported) -$228M -$142M -$25M -$31M -$46M
Operating Income (Adjusted) -$92M -$153M -$17M -$24M -$39M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $378M $918M $761M $609M $740M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $28M $50M $90M $93M $73M
Inventory $18M $29M $55M $79M $79M
Prepaid Expenses $24M $14M $20M $21M $18M
Other Current Assets $15M $14M $62M $53M $60M
Total Current Assets $650M $1B $1B $871M $990M
 
Property Plant And Equipment $2.7B $3B $3.2B $3.8B $4.7B
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles $29M $29M $28M $28M $27M
Other Long-Term Assets $143M $199M $265M $330M $426M
Total Assets $3.6B $4.2B $4.5B $5B $6.2B
 
Accounts Payable $71M $86M $89M $134M $115M
Accrued Expenses $97M $89M $104M $107M $120M
Current Portion Of Long-Term Debt $101M $127M $157M $251M $261M
Current Portion Of Capital Lease Obligations $416M $444M $465M $549M $664M
Other Current Liabilities $129M $210M $301M $229M $239M
Total Current Liabilities $1B $1.3B $1.6B $1.7B $1.9B
 
Long-Term Debt $247M $287M $272M $219M $241M
Capital Leases -- -- -- -- --
Total Liabilities $3.2B $3.7B $4B $4.5B $5.5B
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -$10M -$6M -$7M -$6M
Common Equity $310M $530M $509M $507M $604M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $310M $530M $509M $507M $604M
 
Total Liabilities and Equity $3.6B $4.2B $4.5B $5B $6.2B
Cash and Short Terms $378M $918M $761M $609M $740M
Total Debt $348M $414M $429M $470M $502M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $429M $727M $790M $622M $686M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $48M $60M $96M $98M $89M
Inventory $20M $41M $57M $75M $81M
Prepaid Expenses $17M $23M $27M $19M $22M
Other Current Assets $25M $20M $58M $70M $56M
Total Current Assets $720M $876M $1B $903M $953M
 
Property Plant And Equipment $2.8B $3B $3.3B $3.9B $5.1B
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $164M $251M $302M $348M $448M
Total Assets $3.7B $4.1B $4.7B $5.2B $6.5B
 
Accounts Payable $79M $93M $79M $131M $120M
Accrued Expenses $85M $84M $101M $104M $115M
Current Portion Of Long-Term Debt $110M $145M $215M $265M $263M
Current Portion Of Capital Lease Obligations $423M $446M $487M $576M $686M
Other Current Liabilities $221M $204M $224M $218M $221M
Total Current Liabilities $1.2B $1.4B $1.7B $1.8B $1.9B
 
Long-Term Debt $242M $207M $212M $201M $244M
Capital Leases -- -- -- -- --
Total Liabilities $3.5B $3.7B $4.2B $4.7B $5.9B
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -$13M -$7M -$6M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $219M $409M $488M $484M $570M
 
Total Liabilities and Equity $3.7B $4.1B $4.7B $5.2B $6.5B
Cash and Short Terms $429M $727M $790M $622M $686M
Total Debt $352M $352M $427M $466M $507M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$225M -$102M -$37M -$11M $85M
Depreciation & Amoritzation $33M $38M $45M $50M $72M
Stock-Based Compensation $8M $11M $15M $14M $16M
Change in Accounts Receivable $61M -$14M -$28M $33M $22M
Change in Inventories -$170M $174M -$40M -$7M $20M
Cash From Operations -$557M $216M -$78M -$261M -$82M
 
Capital Expenditures $16M $63M $152M $87M $76M
Cash Acquisitions -- -- -- -- --
Cash From Investing $11M -$67M -$154M -$90M -$75M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $283M $222M $344M $334M $740M
Long-Term Debt Repaid -$126M -$97M -$266M -$131M -$447M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$1M -$3M -$4M -$5M -$6M
Cash From Financing $156M $391M $75M $199M $288M
 
Beginning Cash (CF) $768M $378M $918M $761M $609M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$390M $540M -$157M -$152M $131M
Ending Cash (CF) $378M $918M $761M $609M $740M
 
Levered Free Cash Flow -$573M $153M -$230M -$348M -$158M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$91M -$121M -$13M -$26M -$43M
Depreciation & Amoritzation $8M $13M $11M $16M $20M
Stock-Based Compensation $3M $3M $4M $4M $5M
Change in Accounts Receivable -$20M -$9M $19M -$4M -$16M
Change in Inventories -$13M -$13M -- $4M $6M
Cash From Operations $30M -$87M -$25M -$22M -$86M
 
Capital Expenditures $3M $32M $11M $17M $29M
Cash Acquisitions -- -- -- -- --
Cash From Investing $7M -$33M $10M -$7M -$29M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $39M $97M $87M $117M $85M
Long-Term Debt Repaid -$22M -$165M -$38M -$74M -$28M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$3M -$3M -$5M -$2M -$2M
Cash From Financing $14M -$71M $44M $42M $61M
 
Beginning Cash (CF) $378M $918M $761M $609M $740M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $51M -$191M $29M $13M -$54M
Ending Cash (CF) $429M $727M $790M $622M $686M
 
Levered Free Cash Flow $27M -$119M -$36M -$39M -$115M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$252M -$132M $71M -$24M $68M
Depreciation & Amoritzation $33M $43M $43M $55M $76M
Stock-Based Compensation $9M $11M $16M $14M $17M
Change in Accounts Receivable $10M -$3M -- $10M $10M
Change in Inventories -$172M $174M -$27M -$3M $22M
Cash From Operations -$347M $99M -$16M -$258M -$146M
 
Capital Expenditures $8M $92M $131M $93M $88M
Cash Acquisitions -- -- -- -- --
Cash From Investing $29M -$107M -$111M -$107M -$97M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $244M $280M $334M $364M $708M
Long-Term Debt Repaid -$105M -$240M -$139M -$167M -$401M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$4M -$3M -$6M -$2M -$6M
Cash From Financing $135M $306M $190M $197M $307M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$183M $298M $63M -$168M $64M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$355M $7M -$147M -$351M -$234M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$91M -$121M -$13M -$26M -$43M
Depreciation & Amoritzation $8M $13M $11M $16M $20M
Stock-Based Compensation $3M $3M $4M $4M $5M
Change in Accounts Receivable -$20M -$9M $19M -$4M -$16M
Change in Inventories -$13M -$13M -- $4M $6M
Cash From Operations $30M -$87M -$25M -$22M -$86M
 
Capital Expenditures $3M $32M $11M $17M $29M
Cash Acquisitions -- -- -- -- --
Cash From Investing $7M -$33M $10M -$7M -$29M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $39M $97M $87M $117M $85M
Long-Term Debt Repaid -$22M -$165M -$38M -$74M -$28M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$3M -$3M -$5M -$2M -$2M
Cash From Financing $14M -$71M $44M $42M $61M
 
Beginning Cash (CF) $378M $918M $761M $609M $740M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $51M -$191M $29M $13M -$54M
Ending Cash (CF) $429M $727M $790M $622M $686M
 
Levered Free Cash Flow $27M -$119M -$36M -$39M -$115M

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