Cash flow AirAsia X

Equities

5238

MYL5238OO000

Airlines

Market Closed - BURSA MALAYSIA Other stock markets 02:24:27 11/07/2025 pm IST			5-day change	1st Jan Change
1.630 ^MYR	-1.21%		+0.62%	-18.50%

09/07	AirAsia talks with investors near conclusion, says deputy CEO	RE
09/07	AirAsia talks with investors near conclusion, says deputy CEO	RE

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Published financial data: AIRASIA X

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2021	2022	2023	2024
Revenues	423.33Cr	81Cr	55Cr	252.71Cr	326.15Cr
Total Revenues	423.33Cr	81Cr	55Cr	252.71Cr	326.15Cr
Cost of Goods Sold, Total	324.27Cr	111.44Cr	76Cr	213.13Cr	267.97Cr
Gross Profit	99Cr	-30Cr	-21Cr	40Cr	58Cr
Selling General & Admin Expenses, Total	5.4Cr	9L	24.42L	17.03L	11.64L
Depreciation & Amortization - (IS)	75Cr	64Cr	2.64Cr	18Cr	21Cr
Other Operating Expenses	24Cr	101.41Cr	13Cr	-4.6Cr	6.66Cr
Other Operating Expenses, Total	103.7Cr	165.6Cr	16Cr	14Cr	27Cr
Operating Income	-4.63Cr	-196Cr	-37Cr	26Cr	31Cr
Interest Expense, Total	-31Cr	-51Cr	-50Cr	-9.46Cr	-9.91Cr
Interest And Investment Income	7.89Cr	5.25Cr	10.32L	27.02L	20.84L
Net Interest Expenses	-23Cr	-46Cr	-50Cr	-9.19Cr	-9.7Cr
Income (Loss) On Equity Invest.	-11.04L	-	-	-	-
Currency Exchange Gains (Loss)	4.29Cr	-5.3Cr	-3.18Cr	-2.53Cr	2.98Cr
Other Non Operating Income (Expenses)	53.13L	-15Cr	39.43L	-1.8Cr	-62.27L
EBT, Excl. Unusual Items	-23Cr	-262.58Cr	-90Cr	12Cr	23Cr
Gain (Loss) On Sale Of Investments	-	-	-15Cr	22Cr	-
Gain (Loss) On Sale Of Assets	-9.04Cr	-	-	-	-
Asset Writedown	-10T	-305.14Cr	10Cr	-	-
Other Unusual Items	1.63Cr	-1.68TCr	2.29TCr	-	-
EBT, Incl. Unusual Items	-31Cr	-2.25TCr	2.19TCr	34Cr	23Cr
Income Tax Expense	34Cr	-4.67T	-41Cr	1.23Cr	2.74Cr
Earnings From Continuing Operations	-65Cr	-2.25TCr	2.23TCr	33Cr	21Cr
Net Income to Company	-65Cr	-2.25TCr	2.23TCr	33Cr	21Cr
Net Income - (IS)	-65Cr	-2.25TCr	2.23TCr	33Cr	21Cr
Net Income to Common Incl Extra Items	-65Cr	-2.25TCr	2.23TCr	33Cr	21Cr
Net Income to Common Excl. Extra Items	-65Cr	-2.25TCr	2.23TCr	33Cr	21Cr
Per Share Items
Net EPS - Basic	-1.57	-54.14	53.85	0.74	0.46
Basic EPS - Continuing Operations	-1.57	-54.14	53.85	0.74	0.46
Basic Weighted Average Shares Outstanding	41Cr	41Cr	41Cr	45Cr	45Cr
Net EPS - Diluted	-1.57	-54.15	53.85	0.74	0.46
Diluted EPS - Continuing Operations	-1.57	-54.15	53.85	0.74	0.46
Diluted Weighted Average Shares Outstanding	41Cr	41Cr	41Cr	45Cr	45Cr
Normalized Basic EPS	-0.35	-3.96	-1.36	0.17	0.33
Normalized Diluted EPS	-0.35	-3.96	-1.36	0.17	0.33
Supplemental Items
EBITDA	14.98L	-192.24Cr	-	28Cr	32Cr
EBITA	-4.63Cr	-196Cr	-37Cr	26Cr	31Cr
EBIT	-4.63Cr	-196Cr	-37Cr	26Cr	31Cr
EBITDAR	25.26L	-287.99Cr	-	35Cr	35Cr
Effective Tax Rate - (Ratio)	-112.52	0	-1.86	3.57	11.68
Current Domestic Taxes	-	-4.67T	-667	19.36L	-1L
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-5L	-4.67T	-667	19.36L	-1L
Deferred Domestic Taxes	34Cr	-	-41Cr	1.03Cr	2.75Cr
Total Deferred Taxes	34Cr	-	-41Cr	1.03Cr	2.75Cr
Normalized Net Income	-14Cr	-164.11Cr	-56Cr	7.53Cr	15Cr
Interest on Long-Term Debt	31Cr	77Cr	75Cr	9.46Cr	9.91Cr
Supplemental Operating Expense Items
Advertising Expense	5.3Cr	-	16.72L	-11.66L	-
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	5.3Cr	-	11.15L	-11.66L	-
Net Rental Expense, Total	10.28L	37.49L	3.56Cr	7.5Cr	2.93Cr
Imputed Operating Lease Interest Expense	7L	-	-	4.41Cr	1.59Cr
Imputed Operating Lease Depreciation	3L	-	-	3.09Cr	1.34Cr
Maintenance & Repair Expenses, Total	70Cr	139.71Cr	107.53Cr	51Cr	69Cr
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2019	2021	2022	2023	2024
Assets
Cash And Equivalents	23Cr	1.41Cr	1.86Cr	5.77Cr	16Cr
Short Term Investments	7.75Cr	5.44Cr	16Cr	-	12Cr
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	31Cr	6.85Cr	18Cr	5.77Cr	28Cr
Accounts Receivable, Total	43Cr	16Cr	25Cr	45Cr	45Cr
Other Receivables	2.2Cr	75.04L	16.56L	1.51Cr	80.37L
Total Receivables	46Cr	16Cr	25Cr	47Cr	46Cr
Inventory	1.31Cr	-	91.9L	69.68L	86.93L
Prepaid Expenses	44Cr	2.8Cr	-	4.69Cr	4.59Cr
Restricted Cash	3.15Cr	-	-	-	-
Other Current Assets, Total	25Cr	8.98Cr	-63.88L	13Cr	-
Total Current Assets	150.13Cr	35Cr	43Cr	70Cr	79Cr
Gross Property Plant And Equipment	663.43Cr	41Cr	131.72Cr	150.81Cr	140.43Cr
Accumulated Depreciation	-105.11Cr	-41Cr	-14Cr	-17Cr	-17Cr
Net Property Plant And Equipment	558.32Cr	0	117.24Cr	134.17Cr	122.95Cr
Long-term Investments	-	-	-	-	-
Accounts Receivable Long-Term	89Cr	2.34Cr	-	-	-
Deferred Tax Assets Long-Term	-	-	61Cr	60Cr	57Cr
Deferred Charges Long-Term	2.66Cr	2.33Cr	-	-	-
Other Long-Term Assets, Total	156.35Cr	209.55Cr	12Cr	49Cr	76Cr
Total Assets	956.69Cr	249.22Cr	233.48Cr	313.76Cr	335.87Cr
Liabilities
Accounts Payable, Total	24Cr	132.91Cr	30Cr	6.33Cr	2.15Cr
Accrued Expenses, Total	16Cr	38Cr	3.19Cr	6.24Cr	12Cr
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	5.65Cr	29Cr	-	-	-
Current Portion of Leases	80Cr	647.37Cr	5.7Cr	15Cr	19Cr
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	73Cr	51Cr	39Cr	61Cr	54Cr
Other Current Liabilities	59Cr	2.56TCr	81.29L	35Cr	44Cr
Total Current Liabilities	258.16Cr	3.46TCr	79Cr	124.17Cr	131.64Cr
Long-Term Debt	25Cr	-	-	-	-
Long-Term Leases	515.82Cr	2T	100.54Cr	135.96Cr	122.27Cr
Unearned Revenue Non Current	50.29L	6L	35Cr	5.53Cr	3.93Cr
Other Non Current Liabilities	143.67Cr	151.01Cr	25Cr	36Cr	45Cr
Total Liabilities	942.89Cr	3.61TCr	239.68Cr	302.14Cr	302.99Cr
Common Stock, Total	153.4Cr	153.4Cr	15.34L	5.1Cr	5.1Cr
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-148.89Cr	-3.51TCr	-6.35Cr	7.07Cr	28Cr
Comprehensive Income and Other	9.28Cr	7L	-32T	-55.82L	-37T
Total Common Equity	14Cr	-3.36TCr	-6.2Cr	12Cr	33Cr
Total Equity	14Cr	-3.36TCr	-6.2Cr	12Cr	33Cr
Total Liabilities And Equity	956.69Cr	249.22Cr	233.48Cr	313.76Cr	335.87Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	41Cr	41Cr	41Cr	45Cr	45Cr
ECS Total Common Shares Outstanding	41Cr	41Cr	41Cr	45Cr	45Cr
Book Value / Share	0.33	-80.96	-0.15	0.26	0.74
Tangible Book Value	14Cr	-3.36TCr	-6.2Cr	12Cr	33Cr
Tangible Book Value Per Share	0.33	-80.96	-0.15	0.26	0.74
Total Debt	626.56Cr	676.66Cr	106.25Cr	151.2Cr	141.4Cr
Net Debt	595.8Cr	669.81Cr	89Cr	145.43Cr	113.58Cr
Debt Equivalent Oper. Leases	82.24L	-	-	60Cr	23Cr
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	-	-	-	-	86.93L
Machinery, Total	84Cr	41Cr	19Cr	20Cr	22Cr
Full Time Employees	2.36T	-	-	962	-
Accumulated Allowance for Doubtful Accounts (Supple)	5.72Cr	73.97L	-	12.49L	12.49L

Fiscal Period: December	2019	2021	2022	2023	2024
Net Income	-65Cr	-2.25TCr	2.23TCr	33Cr	21Cr
Depreciation & Amortization - CF	75Cr	64Cr	2.64Cr	18Cr	21Cr
Depreciation & Amortization, Total	75Cr	64Cr	2.64Cr	18Cr	21Cr
(Gain) Loss From Sale Of Asset	9.04Cr	70.63L	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	72.85L	-	1.52Cr	59.63L
Asset Writedown & Restructuring Costs	10T	305.14Cr	-10Cr	-	-
Provision for Credit Losses	-	53Cr	-	-	-
(Income) Loss On Equity Investments - (CF)	11.04L	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	-21.05L	-	-	7L	-1.48Cr
Other Operating Activities, Total	59Cr	1.77TCr	-2.25TCr	-7.25Cr	11Cr
Change In Accounts Receivable	-2.46Cr	-2.15Cr	88Cr	-24Cr	-25Cr
Change In Inventories	2L	25.71L	-	22.22L	-17.25L
Change In Accounts Payable	-8.03Cr	64Cr	-16Cr	5.89Cr	13Cr
Change in Unearned Revenues	3.36Cr	-15Cr	16Cr	-7.59Cr	-8.46Cr
Change in Other Net Operating Assets	-24Cr	-2.04Cr	-60Cr	-25Cr	9.61Cr
Cash from Operations	46Cr	-2.84Cr	7.36Cr	-4.58Cr	40Cr
Capital Expenditure	-4.63Cr	-28.97L	-13.47L	-1.53Cr	-1.86Cr
Sale of Property, Plant, and Equipment	91Cr	-	-	-	-
Investment in Marketable and Equity Securities, Total	-11.04L	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	16Cr	-	-	-	-
Other Investing Activities, Total	-	-	-	1L	-1.22Cr
Cash from Investing	102.42Cr	-28.97L	-13.47L	-1.51Cr	-3.08Cr
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-111.37Cr	-23Cr	-2.01Cr	-11Cr	-26Cr
Total Debt Repaid	-111.37Cr	-16Cr	-1.34Cr	-11Cr	-26Cr
Issuance of Common Stock	-	-	-	4.95Cr	-
Other Financing Activities, Total	-32Cr	2.98Cr	37.63L	-	-
Cash from Financing	-143.06Cr	-13Cr	-96.36L	-6.25Cr	-26Cr
Foreign Exchange Rate Adjustments	-2L	-29.3L	95.67L	44.68L	24.56L
Net Change in Cash	5.5Cr	-16Cr	7.22Cr	-12Cr	10Cr
Supplemental Items
Cash Interest Paid	31Cr	16.97L	-	14.2L	39.03L
Cash Income Tax Paid (Refund)	7L	-60.67T	26.67T	-	6L
Levered Free Cash Flow	32Cr	-	-	22Cr	36Cr
Unlevered Free Cash Flow	51Cr	-	-	28Cr	42Cr
Change In Net Working Capital	16Cr	-	-	4.59Cr	-4.24Cr
Net Debt Issued / Repaid	-111.37Cr	-16Cr	-1.34Cr	-11Cr	-26Cr

Fiscal Period: December	2019	2021	2022	2023	2024
Profitability
Return on Assets	-0.42	-	-	5.69	5.93
Return on Total Capital	-0.76	-	-	13.15	11.42
Return On Equity %	-182.78	-	-	-463.47	93.09
Return on Common Equity	-182.78	-	-	-463.47	93.09
Margin Analysis
Gross Profit Margin %	23.4	-37.52	-38.41	15.66	17.84
SG&A Margin	1.28	0.11	0.44	0.07	0.04
EBITDA Margin %	0.04	-237.23	-	10.98	9.7
EBITA Margin %	-1.09	-241.87	-67.74	10.12	9.44
EBIT Margin %	-1.09	-241.87	-67.74	10.12	9.44
Income From Continuing Operations Margin %	-15.36	-2.77T	4.06T	13.12	6.35
Net Income Margin %	-15.36	-2.77T	4.06T	13.12	6.35
Net Avail. For Common Margin %	-15.36	-2.77T	4.06T	13.12	6.35
Normalized Net Income Margin	-3.42	-202.52	-102.42	2.98	4.49
Levered Free Cash Flow Margin	7.54	-	-	8.86	11.05
Unlevered Free Cash Flow Margin	12.14	-	-	11.2	12.95
Asset Turnover
Asset Turnover	0.61	-	-	0.9	1
Fixed Assets Turnover	1.36	-	-	2.08	2.54
Receivables Turnover (Average Receivables)	17.27	-	-	7.99	7.23
Inventory Turnover (Average Inventory)	246.04	-	-	263.81	342.22
Short Term Liquidity
Current Ratio	0.58	0.01	0.55	0.57	0.6
Quick Ratio	0.3	0.01	0.55	0.42	0.56
Operating Cash Flow to Current Liabilities	0.18	-0	0.09	-0.04	0.3
Days Sales Outstanding (Average Receivables)	21.13	-	-	45.65	50.62
Days Outstanding Inventory (Average Inventory)	1.48	-	-	1.38	1.07
Average Days Payable Outstanding	30.5	-	-	13.34	5.79
Cash Conversion Cycle (Average Days)	-7.88	-	-	33.69	45.9
Long Term Solvency
Total Debt/Equity	4.54T	-20.15	-1.71T	1.3T	429.98
Total Debt / Total Capital	97.85	-25.23	106.2	92.86	81.13
LT Debt/Equity	3.92T	0	-1.62T	1.17T	371.82
Long-Term Debt / Total Capital	84.41	0	100.5	83.51	70.16
Total Liabilities / Total Assets	98.56	1.45T	102.66	96.3	90.21
EBIT / Interest Expense	-0.15	-3.81	-0.74	2.7	3.11
EBITDA / Interest Expense	2.24	-2.57	-0.69	4.65	5.19
(EBITDA - Capex) / Interest Expense	2.09	-2.57	-0.69	4.49	5
Total Debt / EBITDA	8.96	-5.13	-3.07	3.44	2.75
Net Debt / EBITDA	8.52	-5.08	-2.56	3.3	2.21
Total Debt / (EBITDA - Capex)	9.6	-5.12	-3.05	3.56	2.85
Net Debt / (EBITDA - Capex)	9.13	-5.07	-2.55	3.42	2.29
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-7.39	-	-	358.99	29.06
Gross Profit, 1 Yr. Growth %	160.49	-	-	-358.97	47
EBITDA, 1 Yr. Growth %	-102.18	-	-	-	14.05
EBITA, 1 Yr. Growth %	-76.37	-	-	-150.68	20.42
EBIT, 1 Yr. Growth %	-76.37	-	-	-150.68	20.42
Earnings From Cont. Operations, 1 Yr. Growth %	115.71	-	-	-98.51	-37.52
Net Income, 1 Yr. Growth %	115.71	-	-	-98.51	-37.52
Normalized Net Income, 1 Yr. Growth %	5.99	-	-	-111.54	94.57
Diluted EPS Before Extra, 1 Yr. Growth %	115.07	-	-	-98.61	-37.56
Accounts Receivable, 1 Yr. Growth %	679.08	-	-	149.22	-0.03
Inventory, 1 Yr. Growth %	-1.17	-	-	-24.18	24.76
Net Property, Plant and Equip., 1 Yr. Growth %	793.37	-	-	23.53	-8.36
Total Assets, 1 Yr. Growth %	120.35	-	-	26.37	7.05
Tangible Book Value, 1 Yr. Growth %	-75.96	-	-	-144.82	183.06
Common Equity, 1 Yr. Growth %	-75.96	-	-	-144.82	183.06
Cash From Operations, 1 Yr. Growth %	371.71	-	-	-162.29	-963.94
Capital Expenditures, 1 Yr. Growth %	405.58	-	-	1.03T	22.04
Levered Free Cash Flow, 1 Yr. Growth %	-147.09	-	-	-	3.2
Unlevered Free Cash Flow, 1 Yr. Growth %	-177.84	-	-	-	3.43
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.84	-	-	-	143.39
Gross Profit, 2 Yr. CAGR %	30.17	-	-	-	95.11
EBITDA, 2 Yr. CAGR %	-90.84	-	-	-	-
EBITA, 2 Yr. CAGR %	-18.22	-	-	-	-21.88
EBIT, 2 Yr. CAGR %	-18.22	-	-	-	-21.88
Earnings From Cont. Operations, 2 Yr. CAGR %	156.45	-	-	-	-90.34
Net Income, 2 Yr. CAGR %	156.45	-	-	-	-90.34
Normalized Net Income, 2 Yr. CAGR %	27.12	-	-	-	-52.6
Diluted EPS Before Extra, 2 Yr. CAGR %	156.63	-	-	-	-90.7
Accounts Receivable, 2 Yr. CAGR %	45.1	-	-	-	57.84
Inventory, 2 Yr. CAGR %	24.02	-	-	-	-2.74
Net Property, Plant and Equip., 2 Yr. CAGR %	87.04	-	-	-	6.4
Total Assets, 2 Yr. CAGR %	41.71	-	-	-	16.31
Tangible Book Value, 2 Yr. CAGR %	-62.65	-	-	-	12.63
Common Equity, 2 Yr. CAGR %	-62.65	-	-	-	12.63
Cash From Operations, 2 Yr. CAGR %	25.87	-	-	-	131.71
Capital Expenditures, 2 Yr. CAGR %	31.91	-	-	-	271.71
Levered Free Cash Flow, 2 Yr. CAGR %	-21.01	-	-	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-1.94	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.76	-	-49.33	-	-
Gross Profit, 3 Yr. CAGR %	28.22	-	-40.24	-	-
EBITDA, 3 Yr. CAGR %	-80.7	-	-	-	-
EBITA, 3 Yr. CAGR %	-21.24	-	100.39	-	-
EBIT, 3 Yr. CAGR %	-21.24	-	100.39	-	-
Earnings From Cont. Operations, 3 Yr. CAGR %	143.87	-	225.06	-	-
Net Income, 3 Yr. CAGR %	143.87	-	225.06	-	-
Normalized Net Income, 3 Yr. CAGR %	28.3	-	57.27	-	-
Diluted EPS Before Extra, 3 Yr. CAGR %	143.99	-	224.91	-	-
Accounts Receivable, 3 Yr. CAGR %	14.98	-	-16.61	-	-
Inventory, 3 Yr. CAGR %	-2.53	-	-11.15	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	49.12	-	-40.56	-	-
Total Assets, 3 Yr. CAGR %	26.98	-	-37.51	-	-
Tangible Book Value, 3 Yr. CAGR %	-48.28	-	-23.4	-	-
Common Equity, 3 Yr. CAGR %	-48.28	-	-23.4	-	-
Cash From Operations, 3 Yr. CAGR %	6.1	-	-45.78	-	-
Capital Expenditures, 3 Yr. CAGR %	15.06	-	-69.25	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	67.43	-	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	126.12	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.59	-	-34.53	-11.18	-5.08
Gross Profit, 5 Yr. CAGR %	50.66	-	-18.41	0.8	-10.1
EBITDA, 5 Yr. CAGR %	-51.33	-	-	32.16	191.73
EBITA, 5 Yr. CAGR %	-27.76	-	40.02	5.45	46.05
EBIT, 5 Yr. CAGR %	-27.76	-	40.02	5.45	46.05
Earnings From Cont. Operations, 5 Yr. CAGR %	4.6	-	195.65	1.92	-20.45
Net Income, 5 Yr. CAGR %	4.6	-	195.65	1.92	-20.45
Normalized Net Income, 5 Yr. CAGR %	-20.01	-	44.44	-11.24	0.22
Diluted EPS Before Extra, 5 Yr. CAGR %	-6.45	-	195.65	0.31	-21.67
Accounts Receivable, 5 Yr. CAGR %	32.45	-	4.08	51.92	0.76
Inventory, 5 Yr. CAGR %	57.26	-	1.53	-12.07	-7.88
Net Property, Plant and Equip., 5 Yr. CAGR %	23.61	-	-5.98	16.51	-26.11
Total Assets, 5 Yr. CAGR %	20.69	-	-13.29	-6.29	-18.89
Tangible Book Value, 5 Yr. CAGR %	-27.81	-	-42.53	-27.34	18.98
Common Equity, 5 Yr. CAGR %	-27.81	-	-42.53	-27.34	18.98
Cash From Operations, 5 Yr. CAGR %	54.43	-	-24.06	-14.08	-3.07
Capital Expenditures, 5 Yr. CAGR %	-39.34	-	-44.94	10.73	-16.67
Levered Free Cash Flow, 5 Yr. CAGR %	25.73	-	-	-19.88	2.45
Unlevered Free Cash Flow, 5 Yr. CAGR %	66.61	-	-	-15.59	-3.86