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Transportation

AirAsia X Bhd.

Business Summary

AirAsia X Bhd. engages in the provision of long haul air transportation services. It operates through the following geographical segments: Malaysia, Thailand, and Indonesia. The company was founded by Kalimullah bin Masheerul Hassan, Kamarudin bin Meranun and Anthony Francis Fernandes in 2007 and is headquartered in Sepang, Malaysia.

Financial Highlights

Jun 2021 MYRUSD
Revenue827.23M200.46M
Gross Profit-910.62M-220.67M
Operating income-4,951.60M-1,199.95M
Income before tax-21,088.96M-5,110.60M
Net income-21,089.50M-5,110.73M
EBITDA-4,318.69M-1,046.57M
Diluted EPS-5.08-1.23
Dividends Per Share----
Total Assets2,672.90M643.84M
Total liabilities34,198.88M8,237.71M
Total equity-31,525.97M-7,593.87M
Operating cash flow194.77M47.19M
Currency in MYRCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Jun 2021
Revenue 4,578.67M 4,571.37M 4,233.34M 1,130.09M 827.23M
Gross Profit 475.36M 253.03M 245.24M -1,048.82M -910.62M
Operating income 61.55M -211.35M -71.06M -1,210.90M -4,951.60M
Income before tax 186.80M -226.66M -304.90M -1,337.06M -21,088.96M
Net income 98.88M -301.48M -650.31M -1,337.72M -21,089.50M
EBITDA 170.89M -84.09M 674.36M -444.43M -4,318.69M
Diluted EPS 0.02 -0.07 -0.15 -0.32 -5.08
Dividends Per Share 0 0 0 -- --
Total Assets 4,764.18M 4,341.57M 9,566.86M 8,828.92M 2,672.90M
Total liabilities 3,775.57M 3,767.90M 9,428.93M 10,081.62M 34,198.88M
Total equity 988.60M 573.66M 137.92M -1,252.70M -31,525.97M
Operating cash flow 254.91M 69.57M 443.96M 49.74M 194.77M
 Dec 2017Dec 2018Dec 2019Dec 2020Jun 2021
Revenue 1,064.92M 1,132.82M 1,021.81M 268.92M 200.46M
Gross Profit 110.56M 62.70M 59.19M -249.58M -220.67M
Operating income 14.31M -52.37M -17.15M -288.15M -1,199.95M
Income before tax 43.44M -56.16M -73.59M -318.18M -5,110.60M
Net income 22.99M -74.70M -156.96M -318.33M -5,110.73M
EBITDA 39.74M -20.83M 162.77M -105.76M -1,046.57M
Diluted EPS 0.00 -0.01 -0.03 -0.07 -1.23
Dividends Per Share 0 0 0 -- --
Total Assets 1,177.21M 1,050.59M 2,338.79M 2,194.88M 643.84M
Total liabilities 932.93M 911.77M 2,305.08M 2,506.30M 8,237.71M
Total equity 244.28M 138.81M 33.71M -311.42M -7,593.87M
Operating cash flow 59.29M 17.24M 107.15M 11.83M 47.19M

Valuation Measures

Jun 2021
PER--
ROA-344.60%
ROE--
Operating margin-598.57%
Profit margin-2,549.39%

Key executives

  • Co-Chief Executive Officer: Benyamin bin Ismail
  • Group Co-Chief Executive Officer: Nadda Buranasiri
  • Chief Financial Officer: Andrew Robert Littledale
  • Head-Engineering: Soon Yee Ong
  • Senior Director: Moses Devanayagam

Shareholders

  • Tune Group Sdn. Bhd. (17.8%)
  • AirAsia Group Bhd. (13.7%)
  • BIN MERANUN KAMARUDIN (8.9%)
  • Bank Julius Baer & Co. Ltd. (Singapore) (4.8%)
  • FERNANDES ANTHONY FRANCIS (2.6%)
  • Employees Provident Fund (0.7%)
  • TEO TUAN KWEE (0.2%)
  • LOW BOK SANG /AIRASIA/ (0.2%)
  • YONG LOY HUAT (0.2%)
  • Norges Bank Investment Management (0.1%)

Contact Details

  • Address: RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, Kuala Lumpur, 64000, Malaysia
  • Phone: +60.3.8660.4600

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