Controladora Vuela Compania de Aviacion, S.A.B. de C.V.VLRS

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
Fare revenues	-	939	1,227	645	1,249	1,661	1,650	1,517
Other passenger revenues	-	401	561	432	855	1,078	1,473	1,493
Total passenger revenue	901	1,340	1,788	1,077	2,103	2,739	3,124	3,010
Other non-passenger revenues	-	35	48	44	76	93	115	112
Cargo	-	12	12	10	12	15	20	21
Total operating revenues	1,259	1,387	1,844	1,111	2,170	2,847	3,259	3,142
Other operating income (Note 22)	-	-	-	-	-	-	-	-206
Fuel expense (Note 3a)	368	515	617	333	601	1,299	1,165	894
Landing, take-off and navigation expenses	203	233	271	205	293	379	503	493
Salaries and benefits	143	159	191	173	236	283	387	411
Depreciation of right-of-use assets (Note 14)	-	-	250	253	265	320	362	410
Sales, marketing and distribution expenses	86	76	77	92	95	124	167	169
Other operating expenses (Note 22)	55	57	59	58	65	103	170	139
Aircraft and engine variable lease expenses (Note 14)	-	-	51	93	82	125	104	135
Maintenance expenses	73	77	79	59	95	98	98	100
Depreciation and amortization (Notes 12 and 13)	28	25	36	45	56	97	134	183
Operating income	1	-45	231	-163	392	44	223	413
Finance income (Note 23)	5	8	11	5	3	13	38	49
Finance cost (Note 23)	4	6	120	151	138	193	219	294
Foreign exchange gain (loss) net (Note 3b)	-40	-4	76	24	-126	4	-34	14
Income (loss) before income tax	-38	-47	198	-286	132	-132	7	183
Income tax (expense) benefit (Note 20)	-8	-12	58	-70	29	-52	-0	56
Net income (loss)	-30	-35	140	-215	103	-80	8	126
Earnings (loss) per share basic:	-0.03	-0.034	0.138	-0.211	0.088	-0.069	0.007	0.11
Earnings (loss) per share diluted:	-0.03	-0.034	0.138	-0.211	0.088	-0.069	0.007	0.108