Page: Company Financials
AirAsia X Berhad
$2.21
0.00 (0.00%)
As of: 2026-01-27
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Stock Price | 1.59 | 1.68 | 1.84 | 0.49 |
| Market Capitalization | 712.34M | 752.20M | 813.58M | 201.85M |
| (-) Cash & Equivalents | 41.74M | 83.47M | 159.66M | 21.21M |
| (+) Total Debt | 1,389.63M | 1,435.31M | 1,384.76M | 502.72M |
| Enterprise Value | 2,060.23M | 2,104.04M | 2,038.67M | 683.36M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-06-30 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,277M | 3,190M | 3,245M | 2,527M | 551M | 755M | 4,233M |
| Cost of Revenue | 2,883M | 2,869M | 2,680M | 2,316M | 703M | 1,065M | 3,978M |
| Gross Profit | 394M | 321M | 566M | 211M | -153M | -310M | 255M |
| Gross Profit Margin | 12.0% | 10.1% | 17.4% | 8.3% | -27.8% | -41.1% | 6.0% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 1M | 2M | 25M | 21M | 2M | 1M | 80M |
| Operating Expenses | 201M | 364M | 274M | -223M | 22,452M | 21,679M | 327M |
| Operating Income (EBIT) | 193M | -43M | 292M | 433M | -22,605M | -21,989M | -71M |
| Operating Income Margin | 5.9% | -1.3% | 9.0% | 17.2% | -4,105.6% | -2,912.1% | -1.7% |
| Interest Income | 17M | 9M | 2M | 3M | 501M | 461M | 79M |
| Interest Expense | 106M | 132M | 105M | 113M | 0M | 0M | 312M |
| Net Interest Income | -88M | -123M | -103M | -110M | 501M | 461M | -233M |
| Unusual Items | 26M | 378M | 46M | 20M | 43,901M | -923M | -2M |
| EBT Excluding Unusual Items | 105M | -166M | 189M | 324M | -22,103M | -21,527M | -304M |
| Pre-Tax Income | 130M | 212M | 235M | 344M | 21,798M | -22,450M | -306M |
| Pre-Tax Margin | 4.0% | 6.6% | 7.2% | 13.6% | 3,959.1% | -2,973.2% | -7.2% |
| Income Tax Expense | -5M | 13M | 27M | 12M | -408M | 0M | 344M |
| Net Income | 136M | 199M | 207M | 332M | 22,206M | -22,450M | -650M |
| Net Income Margin | 4.1% | 6.2% | 6.4% | 13.1% | 4,033.2% | -2,973.2% | -15.4% |
| Depreciation & Amortization | 213M | 217M | 205M | 184M | 33,376M | 38M | 745M |
| EBITDA | 406M | 174M | 497M | 618M | 10,772M | -21,951M | 674M |
| EBITDA Margin | 12.4% | 5.4% | 15.3% | 24.4% | 1,956.5% | -2,907.1% | 15.9% |
| NOPAT | 201M | -40M | 258M | 418M | -23,028M | -17,371M | -56M |
| NOPAT Margin | 6.1% | -1.3% | 7.9% | 16.5% | -4,182.5% | -2,300.6% | -1.3% |
| Owner's Earnings | 319M | 393M | 389M | 501M | 55,581M | -22,415M | 49M |
| Owner's Earnings Margin | 9.7% | 12.3% | 12.0% | 19.8% | 10,095.1% | -2,968.6% | 1.2% |
| EPS (Basic) | 0.30 | 0.44 | 0.46 | 0.74 | 53.53 | -53.91 | -1.57 |
| EPS (Diluted) | 0.30 | 0.45 | 0.46 | 0.74 | 53.53 | -54.12 | -1.57 |
| Shares (Basic) | 447M | 447M | 447M | 447M | 415M | 416M | 415M |
| Shares (Diluted) | 447M | 447M | 447M | 447M | 415M | 415M | 415M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-06-30 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 45.05M | 28.34M | 174.77M | 57.69M | 18.63M | 14.09M | 357.96M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 158.08M | 54.38M | 0.00M |
| Cash & Short-Term Investments | 45.05M | 28.34M | 174.77M | 57.69M | 176.71M | 68.47M | 357.96M |
| Net Receivables | 496.98M | 536.52M | 415.76M | 466.04M | 181.03M | 156.27M | 50.34M |
| Inventory | 7.30M | 8.78M | 8.69M | 6.97M | 9.19M | 0.00M | 13.10M |
| Other Current Assets | 35.96M | 23.13M | 0.92M | 0.20M | 183.22M | 125.28M | 505.91M |
| Total Current Assets | 585.28M | 596.76M | 600.15M | 530.90M | 550.15M | 350.02M | 927.32M |
| Property, Plant & Equipment | 1,223.71M | 1,274.44M | 1,234.21M | 1,341.74M | 1,086.16M | 0.00M | 5,583.22M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 409.87M | 396.40M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 573.97M | 573.97M | 606.50M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 266.59M | 371.32M | 650.04M | 1,092.75M | 846.49M | 1,594.45M | 2,467.88M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 2,474.14M | 2,616.13M | 2,490.76M | 2,434.49M | 1,932.65M | 1,594.45M | 8,051.09M |
| Total Assets | 3,059.43M | 3,212.89M | 3,090.90M | 2,965.39M | 2,482.79M | 1,944.47M | 8,978.41M |
| Accounts Payable | 100.88M | 59.22M | 100.45M | 63.30M | 92.36M | 1,174.80M | 823.81M |
| Short-Term Debt | 201.52M | 198.90M | 0.00M | 0.00M | 0.00M | 292.92M | 56.54M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 273.38M | 249.67M | 637.10M | 683.04M | 827.93M | 32,941.20M | 821.75M |
| Total Current Liabilities | 575.77M | 507.79M | 737.55M | 746.35M | 920.29M | 34,408.91M | 1,702.10M |
| Long-Term Debt | 0.00M | 0.00M | 0.00M | 0.00M | 1,005.45M | 0.00M | 247.37M |
| Capital Lease Obligations | 1,307.73M | 1,370.71M | 1,413.96M | 1,512.03M | 1,062.48M | 6,473.69M | 5,961.70M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 439.47M | 575.07M | 398.46M | 420.09M | 816.28M | 1,102.65M | 1,427.33M |
| Total Non-Current Liabilities | 1,747.20M | 1,945.77M | 1,812.42M | 1,932.12M | 2,884.21M | 7,576.35M | 7,636.40M |
| Total Liabilities | 2,322.97M | 2,453.56M | 2,549.96M | 2,678.46M | 3,804.51M | 41,985.26M | 9,338.51M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 5.58M | 0.00M | 0.00M | 0.00M |
| Common Stock | 51.03M | 51.03M | 51.03M | 51.03M | 1.53M | 1,534.04M | 1,534.04M |
| Retained Earnings | 391.03M | 363.28M | 299.86M | 70.73M | -260.78M | -35,101.87M | -1,488.94M |
| Accumulated OCI | 0.00M | 0.86M | 0.00M | 0.00M | 0.01M | 0.73M | 92.76M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 442.06M | 415.17M | 350.89M | 127.34M | -259.23M | -33,567.10M | 137.87M |
| Total Equity | 442.06M | 415.17M | 350.89M | 127.34M | -259.23M | -33,567.10M | 137.87M |
| Total Liabilities & Equity | 2,765.04M | 2,868.73M | 2,900.86M | 2,805.80M | 3,545.28M | 8,418.16M | 9,476.38M |
| Tangible Assets | 3,059.43M | 3,212.89M | 3,090.90M | 2,965.39M | 2,482.79M | 1,944.47M | 8,978.41M |
| Tangible Equity | 442.06M | 415.17M | 350.89M | 127.34M | -259.23M | -33,567.10M | 137.87M |
| Tangible Book Value | 442.06M | 415.17M | 350.89M | 127.34M | -259.23M | -33,567.10M | 137.87M |
| Total Investments | 409.87M | 396.40M | 0.00M | 0.00M | 158.08M | 54.38M | 0.00M |
| Net Debt | 156.46M | 170.56M | -174.77M | -57.69M | 986.82M | 278.83M | -54.05M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-06-30 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Working Capital | -487.1M | -452.0M | -479.5M | -538.6M | -370.1M | -34,058.9M | -1,080.3M |
| Total Capital | 1,749.1M | 1,785.9M | 1,763.1M | 1,628.2M | 746.2M | -33,274.2M | 6,403.5M |
| Capital Employed | 1,987.0M | 2,164.1M | 2,011.3M | 1,895.9M | 1,562.5M | -32,464.4M | 6,970.7M |
| Invested Capital | 1,704.0M | 1,757.5M | 1,588.4M | 1,570.5M | 727.6M | -33,288.3M | 6,045.5M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-06-30 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Net Income | 130.30M | 211.76M | 223.99M | 331.51M | 22,205.73M | -22,450.12M | -306.01M |
| Depreciation & Amortization | 213.01M | 216.81M | 205.30M | 184.40M | 26.85M | 641.00M | 745.43M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -105.89M | -146.95M | -112.28M | -488.20M | 289.53M | 316.26M | -311.01M |
| Accounts Receivable | -41.15M | -424.47M | -184.31M | -241.24M | 825.42M | 334.06M | -24.63M |
| Inventory | 0.21M | 2.46M | -1.73M | 2.22M | 0.00M | 2.57M | 0.16M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | -64.95M | -9.93M | 73.76M | -249.18M | -535.90M | -20.37M | -239.81M |
| Other Non-Cash Items | 113.79M | 27.19M | 52.46M | -73.53M | -22,448.53M | 21,464.48M | 211.05M |
| Net Cash from Operating Activities | 351.20M | 195.71M | 369.48M | -45.83M | 73.58M | -28.38M | 461.64M |
| Capital Expenditures (PPE) | -29.75M | -22.71M | -23.84M | -15.25M | -1.35M | -2.90M | -46.34M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1.10M |
| Purchases of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | 0.00M | 0.11M | 0.00M | 0.11M | 0.00M | 0.00M | 1,071.61M |
| Net Cash from Investing Activities | -29.75M | -22.60M | -23.84M | -15.15M | -1.35M | -2.90M | 1,024.17M |
| Net Debt Issuance | -143.77M | -70.14M | -261.80M | 0.00M | 0.00M | 0.00M | -395.47M |
| Long-Term Debt Issuance | -143.77M | -70.14M | -261.80M | 0.00M | 0.00M | 0.00M | -395.47M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | 0.00M | 0.00M | 0.00M | 49.50M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 49.50M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -214.60M | -253.30M | 17.18M | -112.01M | -9.64M | -125.23M | -1,035.14M |
| Net Cash from Financing Activities | -289.95M | -253.30M | -244.61M | -62.51M | -9.64M | -125.23M | -1,430.60M |
| Effect of FX on Cash | -4.99M | 2.81M | 3.87M | 5.23M | 9.57M | -2.93M | -0.19M |
| Net Change in Cash | 26.51M | -77.38M | 104.89M | -119.02M | 72.16M | -159.44M | 55.02M |
| Cash at Beginning of Period | 337.56M | 294.16M | 57.69M | 176.71M | -50.01M | 0.00M | 252.60M |
| Cash at End of Period | 364.08M | 216.78M | 162.58M | 57.69M | 22.15M | -159.44M | 307.62M |
| Operating Cash Flow | 351.20M | 195.71M | 369.48M | -45.83M | 73.58M | -28.38M | 461.64M |
| Capital Expenditure | -29.75M | -22.71M | -23.84M | -15.25M | -1.35M | -2.90M | -46.34M |
| Free Cash Flow | 321.45M | 173.00M | 345.63M | -61.08M | 72.23M | -31.28M | 415.31M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-06-30 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| EBITDA | 605.80M | 536.59M | 746.49M | 374.41M | 33,221.04M | -273.45M | 920.68M |
| (-) Tax Adjustment | 0.00M | 32.39M | 87.19M | 13.36M | 0.00M | 0.00M | 0.00M |
| (-) Change In Working Capital | -105.89M | -146.95M | -112.28M | -488.20M | 289.53M | 316.26M | -311.01M |
| (-) Capital Expenditure | -29.75M | -22.71M | -23.84M | -15.25M | -1.35M | -2.90M | -46.34M |
| Unlevered Free Cash Flow | 681.95M | 628.44M | 747.74M | 834.00M | 32,930.16M | -592.60M | 1,185.35M |
| (-) Net Interest Income After Taxes | -88.28M | -115.42M | -91.15M | -105.98M | 501.35M | 461.33M | -232.70M |
| Net Debt Issuance | -143.77M | -70.14M | -261.80M | 0.00M | 0.00M | 0.00M | -395.47M |
| Levered Free Cash Flow | 626.46M | 673.72M | 577.09M | 939.97M | 32,428.81M | -1,053.94M | 1,022.58M |