AZUL SA【AZULQ】

Market cap

P/E ratio

	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Passenger revenue	6,695	-	-	-	-	14,595	17,228	18,123
Other revenues	-	-	-	-	-	1,353	1,327	1,403
Total Revenue	7,790	-	-	-	-	15,948	18,554	19,526
Aircraft fuel	1,848	-	-	-	-	6,561	5,890	5,584
Salaries and benefits	1,296	-	-	-	-	1,955	2,408	2,723
Airport taxes and fees	-	-	-	-	-	911	1,059	1,075
Auxiliary services for air transport	-	-	-	-	-	642	808	872
Maintenance	568	-	-	-	-	616	898	789
Advertising and publicity	310	-	-	-	-	699	779	889
Depreciation and amortization	300	-	-	-	-	2,094	2,404	2,564
Impairment and onerous contracts	-	-	-	-	-	-	-	-144
Insurance	-	-	-	-	-	82	89	80
Other	-572	-	-	-	-	-1,858	-2,802	-1,704
Total operating expenses	6,924	-	-	-	-	14,519	16,893	16,136
Profit (loss) from operating activities	865	-	-	-	-	1,430	1,661	3,391
Finance income	95	-	-	-	-	277	220	239
Financial expenses	524	-	-	-	-	4,794	5,609	5,247
Derivative financial instruments, net	-90	-	-	-	-	958	-238	318
Foreign exchange gain (loss)	58	-	-	-	-	1,407	1,625	-7,890
Financial result	-	-	-	-	-	-	-	-12,581
Profit (loss) before tax	598	-	-	-	-	-722	-2,341	-9,190
Current income tax and social contribution	-	-	-	-	-	-	-	1
Deferred income tax and social contribution	-	-	-	-	-	-	40	-40
Profit (loss)	529	420	-2,403	-10,835	-4,213	-722	-2,380	-9,151
Common shares	0.02	-	-	-	-	-0.03	-0.09	-0.35
Preferred shares	1.68	-	-	-	-	-2.08	-6.85	-26.32
Common shares	0.02	-	-	-	-	-0.03	-0.09	-0.35
Preferred shares	1.64	-	-	-	-	-2.08	-6.85	-26.32