Republic Airways annual revenue was $1.34 b in FY 2015

Republic Airways Net income (Q3, 2016)-366.7 M

Republic Airways EBIT (Q3, 2016)47.4 M

Republic Airways Cash, 30-Sept-2016174.9 M

## Founding Date | 1974 |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Revenue | 2.9b | 2.8b | 1.3b | 1.4b | 1.3b |

| 2% | (2%) | |||

## Sales and marketing expense | 133.6m | 110.5m | 2.3m | ||

## Operating expense total | 133.6m | 110.5m | 2.3m | ||

## Depreciation and amortization | 150.7m | 173.0m | 191.1m | ||

## EBIT | (105.6m) | 212.9m | 191.0m | 185.5m | 84.8m |

| (4%) | 8% | 14% | 13% | 6% |

## Interest expense | 137.3m | 127.0m | 109.7m | 100.3m | 119.6m |

## Pre tax profit | (242.4m) | 86.2m | 81.3m | 85.2m | (34.8m) |

## Income tax expense | (90.6m) | 34.9m | 33.0m | 20.9m | (7.7m) |

## Net Income | (151.8m) | 51.3m | 26.7m | 64.3m | (27.1m) |

USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 739.7m | 767.9m | 697.6m | 728.1m | 713.1m | 635.6m | 664.4m | 338.6m | 337.5m | 343.0m | 349.7m | 341.0m | 337.6m | 340.5m | 301.7m | 322.8m | 286.9m |

## Sales and marketing expense | 33.6m | 33.4m | 29.8m | 29.4m | 27.5m | 21.7m | 22.3m | 600.0k | |||||||||

## Operating expense total | 33.6m | 33.4m | 29.8m | 29.4m | 27.5m | 21.7m | 22.3m | 600.0k | |||||||||

## Depreciation and amortization | 37.0m | 41.3m | 42.2m | 43.7m | 46.0m | 46.7m | 46.7m | 51.8m | 47.3m | 45.4m | |||||||

## EBIT | 12.2m | 48.9m | 22.2m | 65.2m | 73.5m | 30.1m | 70.3m | 4.3m | 34.2m | 63.0m | 60.8m | 41.2m | 37.9m | 38.1m | 53.7m | 47.4m | |

| 2% | 6% | 3% | 9% | 10% | 5% | 11% | 1% | 10% | 18% | 17% | 12% | 11% | 11% | 17% | 17% | |

## Interest expense | 34.9m | 33.8m | 32.9m | 32.2m | 31.1m | 29.7m | 28.9m | 100.0k | 100.0k | 1.3m | 29.4m | 28.5m | |||||

## Pre tax profit | (22.6m) | 15.2m | (10.7m) | 33.1m | 42.4m | 500.0k | 41.4m | 5.4m | 22.8m | 33.3m | 30.5m | 11.2m | 9.1m | 8.3m | (237.0m) | (198.2m) | (466.5m) |

## Income tax expense | (7.7m) | 6.2m | (3.6m) | 13.1m | 16.6m | 200.0k | 16.8m | 1.1m | 8.8m | 13.2m | 12.0m | 4.8m | 4.8m | 5.4m | (88.9m) | (67.6m) | (99.8m) |

## Net Income | (14.9m) | 9.0m | (7.1m) | 20.0m | 25.8m | 300.0k | 24.6m | (13.8m) | 14.0m | 20.1m | 18.5m | 6.4m | 4.3m | 2.9m | (148.1m) | (130.6m) | (366.7m) |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Cash | 219.3m | 247.2m | 276.7m | 223.9m | 173.5m |

## Accounts Receivable | 89.0m | 79.5m | 48.3m | 20.7m | 77.4m |

## Prepaid Expenses | 64.2m | 44.4m | 17.7m | 15.6m | 10.4m |

## Inventories | 101.8m | 86.5m | 71.9m | 60.9m | 53.4m |

## Current Assets | 694.0m | 636.0m | 454.3m | 359.2m | 364.6m |

## PP&E | 2.8b | 3.4b | 2.6b | 2.9b | 3.0b |

## Total Assets | 3.9b | 3.7b | 3.3b | 3.5b | 3.6b |

## Accounts Payable | 43.9m | 29.8m | 28.9m | 19.3m | 22.8m |

## Short-term debt | 284.6m | 276.2m | 276.2m | 309.0m | 2.5b |

## Current Liabilities | 835.0m | 746.2m | 468.9m | 471.2m | 2.7b |

## Long-term debt | 2.1b | 1.8b | 1.9b | 2.0b | 2.5b |

## Total Debt | 2.4b | 2.1b | 2.2b | 2.3b | |

## Total Liabilities | 3.4b | 3.1b | 2.7b | 2.9b | 3.0b |

## Additional Paid-in Capital | 409.4m | 412.1m | 420.2m | 427.4m | 434.1m |

## Retained Earnings | 236.9m | 288.2m | 314.9m | 379.2m | 352.1m |

## Total Equity | 460.5m | 513.5m | 550.7m | 620.5m | 600.1m |

## Debt to Equity Ratio | 5.1 x | 4.1 x | 3.9 x | 3.8 x | |

## Debt to Assets Ratio | 0.6 x | 0.6 x | 0.7 x | 0.7 x | |

## Financial Leverage | 8.5 x | 7.1 x | 5.9 x | 5.6 x | 6 x |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Net Income | (151.8m) | 51.3m | 64.3m | (27.1m) | |

## Depreciation and Amortization | 200.2m | 190.6m | 150.7m | 173.0m | 191.1m |

## Accounts Receivable | (9.6m) | (21.1m) | (18.3m) | 26.0m | (36.5m) |

## Inventories | (7.7m) | (15.5m) | (3.5m) | 6.9m | (400.0k) |

## Accounts Payable | 15.7m | (29.1m) | 21.2m | (13.0m) | 31.6m |

## Cash From Operating Activities | 131.5m | 252.4m | 240.6m | 320.5m | 196.7m |

## Purchases of PP&E | (105.9m) | (36.8m) | (476.0m) | (569.2m) | (474.8m) |

## Cash From Investing Activities | 23.6m | 37.2m | (464.1m) | (553.1m) | (375.6m) |

## Cash From Financing Activities | (227.0m) | (261.7m) | 205.7m | 179.8m | 128.5m |

## Net Change in Cash | (71.9m) | 27.9m | 65.9m | (52.8m) | (50.4m) |

## Interest Paid | 120.8m | ||||

## Income Taxes Paid | 100.0k |

USD | Q2, 2011 |
---|---|

## Debt/Equity | 4.2 x |

## Debt/Assets | 0.6 x |

## Financial Leverage | 7.5 x |

Republic Airways's Daily Flights was reported to be 1.1 k in Y, 2015.

Y, 2013 | Y, 2014 | Y, 2015 | |
---|---|---|---|

## Aircraft Fleet | 258 | 244 | 242 |

## Available Seat Miles | 13.49 b | 14.65 b | 14.05 b |

## Block Hours | 749.93 k | 763.01 k | 707.26 k |

## Daily Flights | 1.39 k | 1.30 k | 1.09 k |

## Destinations | 118 | 101 | 118 |

## Flights | 440.26 k | 425.60 k | 399.52 k |

## Passenger Load Factor | 76.3% | 78.5% | 79.2% |

## Passengers | 21.50 m | 22.60 m | 21.90 m |

## Revenue Passenger Miles | 10.29 b | 11.49 b | 11.12 b |

- Source: Company Filings