Financials Spirit Airlines, Inc.

Equities

SAVEQ

US8485771021

Airlines

Delayed OTC Markets Other stock markets 09:42:42 2024-12-11 am EST			5-day change	1st Jan Change
0.7700 ^USD	+1.32%		-2.62%	-95.24%

Dec. 04	US Senator Accuses Airlines of Treating Passengers Like 'Walking Piggy Banks'	MT
Dec. 04	US Senator Accuses Airlines of Treating Passengers Like 'Walking Piggy Banks'	MT

Projected Income Statement: Spirit Airlines, Inc.

income-statement-evolution-chart SPIRIT-AIRLINES-INC

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	3,831	1,810	3,231	5,068	5,363	5,002	4,920	5,664
Change	-	-52.75%	78.49%	56.88%	5.8%	-6.72%	-1.64%	15.12%
EBITDA ¹	926.5	-334	113.9	463.4	315.9	100.1	518.5	-
Change	-	-	-	306.89%	-31.84%	-68.29%	417.72%	-100%
EBIT ¹	518.6	-809	-429.9	-132.1	-386.3	-736.2	-389.2	58.01
Change	-	-	-46.86%	-69.27%	192.35%	-90.61%	47.13%	-
Interest Paid ¹	-101.4	-134.5	-155.6	-139.9	-169.2	-93	-125	-
Earnings before Tax (EBT) ¹	436.4	-620.2	-520.3	-700.7	-558.6	-866.9	-529.6	-
Change	-	-	-16.1%	34.67%	-20.28%	-55.2%	38.91%	100%
Net income ¹	335.3	-428.7	-472.6	-554.2	-447.5	-738.2	-402.5	-
Change	-	-	10.23%	17.26%	-19.25%	-64.98%	45.48%	100%
Announcement Date	2/5/20	2/10/21	2/7/22	2/6/23	2/8/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	969.8	771.1	138.5	401.9	498.5	461.3	859.3	922.6	987.6	967.3	1,367	1,343	1,391	1,350	1,432	1,259	1,322	1,266	1,281	1,197	1,294	1,122	1,234	1,251	1,209
Change	-	-20.49%	-82.03%	190.14%	24.03%	-7.46%	86.29%	7.37%	7.04%	-2.05%	41.28%	-1.72%	3.58%	-2.99%	6.13%	-12.14%	5.02%	-4.25%	1.21%	-6.54%	8.09%	-13.27%	9.98%	1.32%	-3.28%
EBITDA ¹	241.8	53.14	-223.9	-127	-36.21	-199.7	128.5	75.27	76.17	-42.12	128.4	164.9	212.2	71.95	219.6	1.563	22.72	21	42.88	-	-82	151.3	178.4	44.36	115.5
Change	-	-78.02%	-	-43.26%	-71.5%	451.51%	-	-41.42%	1.2%	-	-	28.38%	28.74%	-66.1%	205.27%	-99.29%	1,353.61%	-7.59%	104.25%	-100%	-	-	17.91%	-75.14%	160.49%
EBIT ¹	129.6	-57.99	-342.3	-247.8	-160.9	-272.2	-9.854	-64.86	-60.07	-184.4	-16.69	11.34	57.58	-91.31	46.98	-178.6	-163.3	-175.6	-166.9	-	-167	-99.36	-27.44	-156.8	-87.06
Change	-	-	490.25%	-27.61%	-35.05%	69.17%	-96.38%	558.25%	-7.39%	206.91%	-90.95%	-	407.62%	-	-	-	-8.59%	7.51%	-4.91%	-100%	-	40.5%	72.39%	-471.47%	44.48%
Charge d'intérêts ¹	-25.98	-20.21	-27.79	-33.44	-49.42	-40.44	-39.66	-35.71	-35.43	-37.41	-30.12	-23.71	-48.19	-51.79	-28.88	-41.26	-47.26	-54.81	-54.31	-	-24	-	-	-	-
Earnings before Tax (EBT)	106.8	-74.6	-212.5	-128.5	-204.5	-138.2	-273.3	-17	-91.83	-244	-67.51	-48.89	-340.3	-141.6	14.97	-203.6	-228.3	-157.1	-189.6	-338	-	-	-	-	-
Change	-	-	184.9%	-39.53%	59.15%	-32.44%	97.79%	-93.78%	440.1%	165.76%	-72.34%	-27.58%	595.99%	-58.38%	-	-	12.09%	-31.19%	20.73%	78.27%	100%	-	-	-	-
Net income ¹	81.21	-27.8	-144.4	-99.14	-157.3	-112.3	-287.9	14.77	-87.16	-194.7	-52.41	-36.38	-270.7	-103.9	-2.349	-157.6	-183.7	-142.6	-192.9	-308.2	-162.8	-145.8	-58.34	-	-
Change	-	-	419.53%	-31.36%	58.67%	-28.6%	156.29%	-	-	123.39%	-73.08%	-30.59%	644.05%	-61.61%	-97.74%	6,607.19%	16.57%	-22.33%	35.26%	59.77%	47.2%	10.42%	59.98%	100%	-
Announcement Date	2/5/20	5/6/20	7/22/20	10/28/20	2/10/21	4/21/21	7/28/21	10/27/21	2/7/22	5/4/22	8/9/22	10/26/22	2/6/23	4/26/23	8/3/23	10/26/23	2/8/24	5/6/24	8/1/24	11/25/24	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Spirit Airlines, Inc.

balance-sheet-analysis-chart SPIRIT-AIRLINES-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,135	1,555	1,745	3,012	5,797	6,538	7,299	-
Change	-	37%	12.22%	72.61%	92.46%	12.77%	11.64%	-
Announcement Date	2/5/20	2/10/21	2/7/22	2/6/23	2/8/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Spirit Airlines, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	313.2	552.8	333.1	237.6	232.4	1	709.2	1,034
Change	-	76.46%	-39.74%	-28.67%	-2.18%	-99.57%	70,820%	45.8%
Free Cash Flow (FCF) ¹	95.97	-778	-125.4	-326.6	-502.2	-366	-442	-
Change	-	-910.7%	-83.88%	160.37%	53.77%	-27.12%	20.77%	-100%
Announcement Date	2/5/20	2/10/21	2/7/22	2/6/23	2/8/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Spirit Airlines, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	24.19%	-18.46%	3.53%	9.14%	5.89%	2%	10.54%	-
EBIT Margin (%)	13.54%	-44.7%	-13.31%	-2.61%	-7.2%	-14.72%	-7.91%	1.02%
EBT Margin (%)	11.39%	-34.26%	-16.11%	-13.83%	-10.42%	-17.33%	-10.76%	-
Net margin (%)	8.75%	-23.68%	-14.63%	-10.93%	-8.34%	-14.76%	-8.18%	-
FCF margin (%)	2.51%	-42.99%	-3.88%	-6.44%	-9.37%	-7.32%	-8.98%	-
FCF / Net Income (%)	28.63%	181.49%	26.54%	58.94%	112.24%	49.58%	109.82%	-
Profitability
ROA	5.71%	-9.3%	-5.2%	-6.25%	-3.87%	-7%	-5.52%	-2.5%
ROE	16.65%	-31.82%	-20.19%	-23.91%	-26.57%	-77.69%	-103.57%	-
Financial Health
Leverage (Debt/EBITDA)	1.23x	-4.65x	15.32x	6.5x	18.35x	65.29x	14.08x	-
Debt / Free cash flow	11.83x	-2x	-13.91x	-9.22x	-11.54x	-17.86x	-16.51x	-
Capital Intensity
CAPEX / Current Assets (%)	8.18%	30.54%	10.31%	4.69%	4.33%	0.02%	14.41%	18.26%
CAPEX / EBITDA (%)	33.81%	-165.48%	292.48%	51.27%	73.58%	1%	136.79%	-
CAPEX / FCF (%)	326.4%	-71.05%	-265.55%	-72.74%	-46.27%	-0.27%	-160.45%	-
Items per share
Cash flow per share ¹	5.969	-2.66	1.989	-0.8186	-2.26	-5.317	-1.624	1.811
Change	-	-144.56%	-174.79%	-141.15%	176.06%	135.27%	-69.45%	-211.52%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	33.05	23.03	19.5	-	10.39	4.563	1.42	-
Change	-	-30.31%	-15.34%	-	-	-56.09%	-68.89%	-
EPS ¹	4.89	-5.06	-4.5	-5.1	-4.1	-6.786	-4.538	-0.9906
Change	-	-203.48%	-11.07%	13.33%	-19.61%	65.5%	-33.12%	-78.17%
Nbr of stocks (in thousands)	68,448	97,678	108,405	108,857	109,168	109,524	109,524	109,524
Announcement Date	2/5/20	2/10/21	2/7/22	2/6/23	2/8/24	-	-	-