WZZAF - Wizz Air Holdings GAAP EPS of -Euro6.33 revenue of Euro1.66B

Wizz Air Holdings press release (OTCPK:WZZAF): FY GAAP EPS of -€6.33. Revenue of €1.66B (+124.6% Y/Y). ROCE for F22 was -16.8%, compared to -19.4% for the previous year. Average revenue per passenger decreased by 15.5% from €72.5 in F21 to €61.3 in F22. Average ticket revenue per passenger declined from €32.0 in F21 to €27.0 in F22 (by 15.6%), while average ancillary revenue per passenger decreased to €34.3 from €40.6 (by 15.4%). EBITDA was near break-even at €19.0M loss, compared to €182.8M loss in F21. "We will return to full productivity in F23 and put our more diverse, expanded network to full use. We expect to fly resp. 30 per cent and 40 per cent more capacity (versus F20) in the first and second quarter of F23. At this point in time we will not provide further financial guidance for the year ahead."

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Wizz Air Holdings GAAP EPS of -€6.33, revenue of €1.66B