JP-listed companies
Skymark Airlines Inc.

Skymark Airlines Inc.JP:9204

Market cap

¥41.4B

P/E ratio

13.8x

Income statement Balance sheet Cash flow

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024
Air operation income	84,725	84,971	79,416	31,730	45,641	82,044	101,395
Freight income	-	-	-	-	21	27	11
Incidental business income	1,218	1,004	1,530	2,334	1,484	2,588	2,669
Total business revenue	-	-	-	34,064	47,147	84,661	104,075
Air operation expenses	77,403	85,052	95,018	60,956	59,175	75,691	93,339
Other business expenses	60	81	90	15	26	27	38
Total business expenses	-	-	-	60,971	59,202	75,718	93,377
Business gross profit or loss	-	-	-	-26,907	-12,054	8,942	10,698
Sales commission	667	636	581	300	435	748	879
Advertising expenses	338	113	278	186	122	222	159
Remuneration for directors (and other officers)	-	-	-	209	209	217	244
Salaries and allowances	762	699	705	972	1,015	1,018	1,100
Provision for bonuses	-	-	-	-	-	115	148
Welfare expenses	181	129	142	210	204	206	238
Travel and transportation expenses	48	49	44	47	45	58	74
Communication and system expenses	73	69	74	363	425	383	486
Outsourcing expenses	106	113	201	965	657	643	615
Commission expenses	848	899	894	594	653	954	1,162
Rent expenses	84	90	75	104	96	118	115
Supplies expenses	64	19	18	69	169	226	327
Taxes and dues	268	223	116	56	61	119	58
Depreciation	102	100	99	279	263	202	94
Other	84	108	139	408	278	252	321
Selling, general and administrative expenses	3,805	3,348	3,473	4,768	4,639	5,488	6,029
Operating profit (loss)	4,674	-2,506	-17,635	-31,675	-16,694	3,453	4,668
Interest income	7	12	1	-	9	-	35
Foreign exchange gains	3,019	1,731	394	60	1,113	673	2,493
Subsidy income	-	-	-	2,453	818	156	28
Penalty income	396	383	472	670	411	649	887
Other	86	125	365	158	122	171	391
Non-operating income	3,509	2,252	1,233	3,431	2,474	1,650	3,836
Interest expenses	73	105	256	307	465	461	456
Commission expenses	-	-	-	320	341	340	397
Listing expenses	-	-	-	-	-	517	-
Loss on retirement of non-current assets	-	-	-	-	51	48	91
Other	4	14	27	63	1	24	95
Non-operating expenses	92	149	284	1,357	860	1,391	1,041
Ordinary profit (loss)	8,091	-403	-16,685	-29,602	-15,079	3,713	7,463
Impairment losses	-	17	2,517	271	-	1,212	-
Extraordinary losses	20	82	3,243	317	-	1,212	-
Profit (loss) before income taxes	8,147	-438	-18,765	-29,918	-13,360	2,500	7,463
Income taxes - current	4,139	694	30	33	33	32	32
Income taxes - deferred	230	713	1,832	-13,239	-6,665	-3,258	4,434
Income taxes	4,369	1,407	1,452	-13,576	-6,631	-3,225	4,466
Profit (loss)	-	-	-	-16,342	-6,729	5,726	2,997