VLRS Q1 2024 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 2024 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$768M+5.1% YoY

Gross Profit

$131M17.1% margin

Operating Income

$104M13.5% margin

Net Income

$33M4.3% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-14.6%

Cash Flow

Operating Cash Flow

$245M

Free Cash Flow

$245M

Stock-Based Comp.

$828,000

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$5.1B

Stockholders' Equity

$277M

Cash & Equivalents

$740M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$768M	$731M	+5.1%
Gross Profit	$131M	$29M	+351.7%
Operating Income	$104M	-$31M	+435.5%
Net Income	$33M	-$71M	+146.5%