AERO FY 2024 Earnings Report — Grupo Aeroméxico, S.A.B. de C.V. Revenue & Financial Results | Market Cap Arena

Grupo Aeroméxico, S.A.B. de C.V.AERO

FY 2024 Earnings

Reported December 31, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$5.6B	—	$4.9B	—	14.3%
Op. Income	$1.1B	—	$716M	—	49.0%
Gross Margin	31.2%	—	27.1%	—	4.1pp
Net Margin	11.0%	—	5.6%	—	5.4pp
EPS (Diluted)	$4.53	—	$1.90	—	138.4%
Free Cash Flow	$874M	—	$925M	—	-5.5%

Revenue Flow

Item	Amount
REVENUE	$5.6B
Cost of Revenue	$3.9B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$406M
General & Administrative	$0
SG&A Expenses	$406M
Other Expenses	$281M
Operating Expenses	$687M
Cost & Expenses	$4.6B
OPERATING INCOME	$1.1B
Interest Income	$55M
Interest Expense	$292M
Other Income/Expenses	-$369M
INCOME BEFORE TAX	$697M
Income Tax Expense	$80M
Net Income from Continuing Ops	$617M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$617M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$617M
D&A	$655M
EBIT	$990M
EBITDA	$1.6B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$5.6B
Cost of Revenue	$3.9B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$406M
General & Administrative	$0
SG&A Expenses	$406M
Other Expenses	$281M
Operating Expenses	$687M
Cost & Expenses	$4.6B
OPERATING INCOME	$1.1B
Interest Income	$55M
Interest Expense	$292M
Other Income/Expenses	-$369M
INCOME BEFORE TAX	$697M
Income Tax Expense	$80M
Net Income from Continuing Ops	$617M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$617M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$617M
D&A	$655M
EBIT	$990M
EBITDA	$1.6B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$617M
Depreciation & Amortization	$655M
Stock-Based Compensation	$18M
Deferred Income Tax	$0
Other Non-Cash Items	$180M
Change in Working Capital	-$103M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$494M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$24M
NET CASH FROM INVESTING	-$489M
Net Debt Issuance	$269M
Common Stock Repurchased	-$819M
Common Dividends Paid	$0
Other Financing Activities	-$371M
NET CASH FROM FINANCING	-$920M
FREE CASH FLOW	$874M
Net Change in Cash	-$96M

Balance Sheet

Item	Amount
Cash & Equivalents	$815M
Short-Term Investments	$0
Net Receivables	$236M
Inventory	$140M
Other Current Assets	$385M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$3.2B
Goodwill	$504M
Intangible Assets	$577M
Long-Term Investments	$17M
Tax Assets	$262M
Other Non-Current Assets	$171M
TOTAL NON-CURRENT ASSETS	$4.7B
TOTAL ASSETS	$6.4B
Account Payables	$1.4B
Short-Term Debt	$89M
Deferred Revenue	$0
Other Current Liabilities	$1.0B
TOTAL CURRENT LIABILITIES	$3.2B
Long-Term Debt	$3.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$121M
Other Non-Current Liabilities	$717M
TOTAL NON-CURRENT LIABILITIES	$4.1B
TOTAL LIABILITIES	$7.3B
Common Stock	$3.5B
Additional Paid-In Capital	-$2.2B
Retained Earnings	-$2.3B
Treasury Stock	$0
Accum. Other Comp. Income	$65M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	-$902M
Minority Interest	$2M
TOTAL EQUITY	-$900M
TOTAL LIABILITIES & EQUITY	$6.4B
Total Debt	$448M
Net Debt	-$367M