RYAAY FY 2023 Earnings Report — Ryanair Holdings plc Revenue & Financial Results | Market Cap Arena

Ryanair Holdings plcRYAAY

FY 2023 Earnings

Reported July 24, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$12.6B	—	$5.6B	—	124.4%
Op. Income	$1.7B	—	-$397M	—	524.8%
Gross Margin	20.6%	—	2.5%	—	18.1pp
Net Margin	12.2%	—	-5.0%	—	17.2pp
EPS (Diluted)	$5.40	—	$-1.01	—	637.2%
Free Cash Flow	$2.3B	—	$887M	—	160.4%

Revenue Flow

Item	Amount
REVENUE	$12.6B
Cost of Revenue	$10.0B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$788M
General & Administrative	$124M
SG&A Expenses	$912M
Other Expenses	$0
Operating Expenses	$912M
Cost & Expenses	$10.9B
OPERATING INCOME	$1.7B
Interest Income	$50M
Interest Expense	$90M
Other Income/Expenses	-$116.9K
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$150M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$1.1B
EBIT	$1.8B
EBITDA	$2.9B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$12.6B
Cost of Revenue	$10.0B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$788M
General & Administrative	$124M
SG&A Expenses	$912M
Other Expenses	$0
Operating Expenses	$912M
Cost & Expenses	$10.9B
OPERATING INCOME	$1.7B
Interest Income	$50M
Interest Expense	$90M
Other Income/Expenses	-$116.9K
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$150M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$1.1B
EBIT	$1.8B
EBITDA	$2.9B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$1.5B
Depreciation & Amortization	$1.1B
Stock-Based Compensation	$19M
Deferred Income Tax	$150M
Other Non-Cash Items	$177M
Change in Working Capital	$1.6B
OPERATING CASH FLOW	$4.5B
Capital Expenditure	-$2.2B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$16M
NET CASH FROM INVESTING	-$2.2B
Net Debt Issuance	-$1.3B
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$1.2B
FREE CASH FLOW	$2.3B
Net Change in Cash	$1.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$4.2B
Short-Term Investments	$1.2B
Net Receivables	$70M
Inventory	$7M
Other Current Assets	$1.4B
TOTAL CURRENT ASSETS	$6.9B
PP&E (Net)	$11.8B
Goodwill	$0
Intangible Assets	$171M
Long-Term Investments	$0
Tax Assets	$8M
Other Non-Current Assets	$261M
TOTAL NON-CURRENT ASSETS	$12.3B
TOTAL ASSETS	$19.2B
Account Payables	$1.2B
Short-Term Debt	$1.2B
Deferred Revenue	$3.3B
Other Current Liabilities	$475M
TOTAL CURRENT LIABILITIES	$8.7B
Long-Term Debt	$3.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$186M
Other Non-Current Liabilities	$194M
TOTAL NON-CURRENT LIABILITIES	$3.9B
TOTAL LIABILITIES	$12.6B
Common Stock	$8M
Additional Paid-In Capital	$1.6B
Retained Earnings	$4.9B
Treasury Stock	$0
Accum. Other Comp. Income	$37M
Other Equity	$52M
TOTAL STOCKHOLDERS' EQUITY	$6.6B
Minority Interest	$0
TOTAL EQUITY	$6.6B
TOTAL LIABILITIES & EQUITY	$19.2B
Total Debt	$4.8B
Net Debt	$604M