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Gol Linhas Aéreas Inteligentes S.A. (GOL)
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Gol Linhas Aéreas Inteligentes S.A. Income Statement 2021-2011 | GOL
Brief overview of financial performance at Gol Linhas Aéreas Inteligentes S.A.
The conclusions below are based on five years of reported results. According to figures from Gol Linhas Aéreas Inteligentes S.A., revenue changed from 9.9 billion BRL to 7.4 billion BRL over five years. Across the full period, sales moved by −24.7%; the average annual rate was −5.5%. The business finished the period with a smaller revenue base.
EBITDA changed from 1.1 billion BRL to 0 BRL (−100%). EBITDA lagged revenue, showing weaker operating momentum. Comparing the endpoints gives EBITDA margins of 11.6% and 0%. The margin contraction indicates weaker operating efficiency.
The net financial result changed from 1.1 billion BRL to −7.2 billion BRL. The emergence of a loss requires close attention to costs and the operating model.
Overall conclusion
The financial trajectory is weak and requires a cautious interpretation. Caution is warranted because of lower net income, weak sales momentum and limited operating profitability. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Gol Linhas Aéreas Inteligentes S.A.
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
- | 1.54 B | 2.89 B | 2.24 B | 6.77 T | 2.4 T | 662 B | 5.42 T | 4.93 T | 1.98 B | 3.71 B |
Shares |
- | 178 M | 176 M | 174 M | 602 B | 602 B | 602 B | 602 B | 602 B | 135 M | 270 M |
Historical Prices |
6.53 | 7.76 | 11.3 | 14.1 | 11.7 | 5.55 | 1.16 | 6.92 | 9.74 | 12.7 | 17.6 |
Net Income |
-7.18 B | -5.99 B | -117 M | -1.09 B | 378 M | 1.1 B | -4.46 M | -1.12 B | -725 M | -1.51 B | -752 M |
Revenue |
7.43 B | 6.37 B | 13.9 B | 11.4 B | 10.6 B | 9.87 B | - | 10.1 B | 8.96 B | 8.1 B | 7.54 B |
Gross Profit |
- | -1.15 B | 3.11 B | 1.46 B | 7.69 B | 7.17 B | 976 K | 6.22 B | 5.35 B | 95 M | 4.48 B |
Operating Income |
- | -439 K | 77 K | 387 K | 544 K | -1.28 M | -3.94 M | - | - | - | - |
EBITDA |
- | 881 M | 2.14 B | 1.4 B | 1.5 B | 1.14 B | 420 M | 968 M | -92.3 M | -386 M | -605 M |
Operating Expenses |
11.3 B | -160 M | 1.01 B | 77.7 M | 1.23 B | 1.01 B | 1.27 B | 1.14 B | 834 M | 1 B | 2.3 B |
General and Administrative Expenses |
- | 1.32 B | - | - | - | - | - | - | - | - | - |
Annual performance
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All numbers in BRL currency
Quarterly Income Statement Gol Linhas Aéreas Inteligentes S.A.
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|
Quarterly performance
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All numbers in BRL currency
The income statement is one of the three key financial reports of a company Gol Linhas Aéreas Inteligentes S.A. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.