VLRS Q1 2023 Earnings — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Revenue & Financial Results | Market Cap Arena

VLRSControladora Vuela Compañía de Aviación, S.A.B. de C.V.

$848M

Q1 2023 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$731M+29.2% YoY

Gross Profit

$29M4.0% margin

Operating Income

-$31M-4.2% margin

Net Income

-$71M-9.7% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

-10.9%

Cash Flow

Operating Cash Flow

$208M

Free Cash Flow

$208M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$4.5B

Stockholders' Equity

$164M

Cash & Equivalents

$704M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$731M	$566M	+29.2%
Gross Profit	$29M	$10M	+190.0%
Operating Income	-$31M	-$31M	+0.0%
Net Income	-$71M	-$49M	-44.9%