Frontier Group Holdings Inc
NASDAQ:ULCC
Income Statement
Earnings Waterfall
Frontier Group Holdings Inc
Revenue
|
3.6B
USD
|
Cost of Revenue
|
-1.7B
USD
|
Gross Profit
|
1.9B
USD
|
Operating Expenses
|
-1.9B
USD
|
Operating Income
|
-2m
USD
|
Other Expenses
|
-9m
USD
|
Net Income
|
-11m
USD
|
Income Statement
Frontier Group Holdings Inc
Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
783
N/A
|
1 333
+70%
|
1 718
+29%
|
2 060
+20%
|
2 394
+16%
|
2 753
+15%
|
3 029
+10%
|
3 326
+10%
|
3 569
+7%
|
3 627
+2%
|
3 604
-1%
|
3 589
0%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(586)
|
(858)
|
(975)
|
(1 105)
|
(1 226)
|
(1 422)
|
(1 574)
|
(1 716)
|
(1 796)
|
(1 720)
|
(1 715)
|
(1 684)
|
|
Gross Profit |
197
N/A
|
475
+141%
|
743
+56%
|
955
+29%
|
1 168
+22%
|
1 331
+14%
|
1 455
+9%
|
1 610
+11%
|
1 773
+10%
|
1 907
+8%
|
1 889
-1%
|
1 905
+1%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(792)
|
(1 139)
|
(1 258)
|
(1 367)
|
(1 494)
|
(1 572)
|
(1 623)
|
(1 645)
|
(1 690)
|
(1 761)
|
(1 841)
|
(1 907)
|
|
Selling, General & Administrative |
(719)
|
(1 037)
|
(1 143)
|
(1 228)
|
(1 319)
|
(1 372)
|
(1 408)
|
(1 447)
|
(1 516)
|
(1 576)
|
(1 652)
|
(1 717)
|
|
Depreciation & Amortization |
(26)
|
(36)
|
(38)
|
(38)
|
(43)
|
(48)
|
(46)
|
(45)
|
(43)
|
(40)
|
(45)
|
(50)
|
|
Other Operating Expenses |
(47)
|
(66)
|
(77)
|
(101)
|
(132)
|
(152)
|
(169)
|
(153)
|
(131)
|
(145)
|
(144)
|
(140)
|
|
Operating Income |
(595)
N/A
|
(664)
-12%
|
(515)
+22%
|
(412)
+20%
|
(326)
+21%
|
(241)
+26%
|
(168)
+30%
|
(35)
+79%
|
83
N/A
|
146
+76%
|
48
-67%
|
(2)
N/A
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(31)
|
(35)
|
(36)
|
(27)
|
(14)
|
(9)
|
(5)
|
0
|
16
|
24
|
31
|
35
|
|
Non-Reccuring Items |
238
|
325
|
300
|
295
|
148
|
52
|
(8)
|
(10)
|
0
|
9
|
(3)
|
(1)
|
|
Pre-Tax Income |
(388)
N/A
|
(374)
+4%
|
(251)
+33%
|
(144)
+43%
|
(192)
-33%
|
(198)
-3%
|
(181)
+9%
|
(45)
+75%
|
99
N/A
|
179
+81%
|
76
-58%
|
32
-58%
|
|
Net Income | |||||||||||||
Tax Provision |
119
|
124
|
75
|
42
|
60
|
60
|
51
|
8
|
(28)
|
(50)
|
(10)
|
(43)
|
|
Income from Continuing Operations |
(269)
|
(250)
|
(176)
|
(102)
|
(132)
|
(138)
|
(130)
|
(37)
|
71
|
129
|
66
|
(11)
|
|
Net Income (Common) |
(269)
N/A
|
(251)
+7%
|
(178)
+29%
|
(102)
+43%
|
(134)
-31%
|
(139)
-4%
|
(130)
+6%
|
(37)
+72%
|
71
N/A
|
129
+82%
|
66
-49%
|
(11)
N/A
|
|
EPS (Diluted) |
-1.34
N/A
|
-1.16
+13%
|
-0.81
+30%
|
-0.48
+41%
|
-0.63
-31%
|
-0.65
-3%
|
-0.61
+6%
|
-0.17
+72%
|
0.32
N/A
|
0.58
+81%
|
0.3
-48%
|
-0.05
N/A
|