VLRS Q2 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

Q2 2023 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$782M+13.3% YoY

Gross Profit

$118M15.1% margin

Operating Income

$51M6.5% margin

Net Income

$6M0.8% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$159M

Free Cash Flow

$159M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$4.6B

Stockholders' Equity

$172M

Cash & Equivalents

$655M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$782M	$690M	+13.3%
Gross Profit	$118M	$20M	+490.0%
Operating Income	$51M	-$20M	+355.0%
Net Income	$6M	-$49M	+112.2%