Great Lakes Aviation, Ltd.

GLUX

GLUXGreat Lakes Aviation, Ltd. US flag

Other OTC

0.00

USD

- -

897.00Market Cap

Income Statement (USD)

API Chat

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Sales/Revenue/Turnover	134	101	85	76	76	76	88	98	116	122	125	124	138	117	59
+ Sales & Services Revenue	134	101	85	76	76	76	88	98	116	122	125	124	138	117	59
- Cost of Revenue	103	86	70	52	14	17	20	34	46	35	55	60	67	57	26
+ Cost of Goods & Services	103	86	70	52	14	17	20	34	46	35	55	60	67	57	26
Gross Profit	30	15	15	24	62	59	68	64	70	87	70	64	71	60	34
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	150	127	104	83	61	56	59	44	51	58	59	58	61	57	39
+ Selling, General & Admin	56	49	40	30	22	26	21	38	45	52	33	32	34	32	20
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	93	78	64	52	39	30	38	6	6	6	26	26	27	24	19
Operating Income (Loss)	-119	-112	-89	-59	2	3	9	20	19	29	11	6	9	4	-6
- Non-Operating (Income) Loss	-111	-93	-78	-61	-4	2	-7	12	15	20	2	-11	5	4	6
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	2	2	2	2	3	5	4	5
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	2	2	2	2	3	5	4	5
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-111	-93	-78	-61	-4	2	-7	9	12	17	- -	-14	- -	- -	1
Pretax Income	-8	-19	-11	2	6	1	16	9	5	10	9	17	4	-1	-11
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	- -	- -	-10	3	4	4	7	2	- -	-4
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-8	-19	-11	2	6	1	16	18	2	6	5	11	3	- -	-7
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-8	-19	-11	2	6	1	16	18	2	6	5	11	3	- -	-7
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-8	-19	-11	2	6	1	16	18	2	6	5	11	3	- -	-7
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-8	-19	-11	2	6	1	16	18	2	6	5	11	3	- -	-7
EBIT	-119	-112	-89	-59	2	3	9	20	19	29	11	6	9	4	-6
EBITDA	-126	-105	-82	-51	8	10	15	26	23	35	16	12	15	10	- -
EBITDA Margin (%)	-94.6	-103.54	-96.64	-67.1	10.67	12.56	16.64	26.34	19.82	28.73	12.71	9.3	11.06	8.67	0.69
EBITA	-119	-112	-89	-59	2	3	9	20	19	29	11	6	9	4	-6
Gross Margin (%)	22.77	14.81	17.45	31.59	81.65	77.83	77.72	65.52	60.23	71.4	55.78	51.53	51.32	51.45	56.83
Operating Margin (%)	-89.28	-110.5	-104.91	-77.65	1.97	4.3	10.08	20.6	16.45	24.11	8.49	5.09	6.83	3.21	-9.9
Profit Margin (%)	-6.17	-18.37	-12.76	2.36	7.37	1.55	17.9	18.56	1.67	4.75	4.03	8.59	2.11	-0.38	-12.46
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	-7	7	7	8	7	6	6	6	4	6	5	5	6	6	6
Basic Weighted Avg Shares	9	9	9	14	14	14	14	14	14	14	14	14	9	9	9
Basic EPS, GAAP	-0.95	-2.15	-1.24	0.13	0.4	0.08	1.11	1.29	0.14	0.4	0.35	0.78	0.33	-0.05	-0.82
Basic EPS from Cont Ops	-0.95	-2.15	-1.24	0.13	0.4	0.08	1.11	1.29	0.14	0.4	0.35	0.78	0.33	-0.05	-0.82
Diluted Weighted Avg Shares	9	9	9	14	14	14	14	14	14	14	14	14	9	9	9
Diluted EPS, GAAP	-0.95	-2.15	-1.24	0.13	0.39	0.08	1.09	1.26	0.13	0.4	0.35	0.78	0.32	-0.05	-0.82
Diluted EPS from Cont Ops	-0.95	-2.15	-1.24	0.13	0.39	0.08	1.09	1.26	0.13	0.4	0.35	0.78	0.32	-0.05	-0.82

Balance Sheet (USD)

API Chat

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
Total Current Assets	31	21	15	14	9	10	12	20	19	25	27	27	27	27	17
+ Cash, Cash Equivalents & STI	2	2	- -	4	1	2	3	4	3	4	6	4	3	7	2
+ Cash & Cash Equivalents	2	2	- -	4	1	2	3	4	3	4	6	4	3	7	2
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	13	10	9	6	5	5	5	7	8	10	9	10	9	7	5
+ Accounts Receivable, Net	13	10	9	6	5	5	5	7	8	10	9	10	9	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	5
+ Inventories	15	8	5	3	2	2	2	5	4	6	7	8	9	9	7
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	15	8	5	3	2	2	2	5	4	6	7	8	9	9	7
+ Other ST Assets	1	1	- -	1	1	1	2	4	3	5	6	6	6	5	3
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	112	111	121	104	94	77	70	72	67	59	57	57	57	51	47
+ Property, Plant & Equip, Net	110	109	120	103	93	75	69	64	60	56	53	52	54	49	44
+ Property, Plant & Equip	129	139	155	143	137	120	119	119	121	122	124	127	135	136	137
- Accumulated Depreciation	18	30	35	40	44	45	50	55	60	66	71	76	81	87	93
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	2	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	2	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2	2	1	1	2	2	1	8	7	2	2	4	3	2	3
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2	2	1	1	2	2	1	8	7	2	2	4	3	2	3
Total Assets	143	132	136	118	103	86	82	92	86	85	84	84	84	78	64
+ Payables & Accruals	14	17	14	11	17	18	8	8	9	8	8	9	5	4	2
+ Accounts Payable	14	17	14	11	10	7	3	3	4	4	3	4	5	4	2
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	7	10	5	5	5	4	4	4	- -	- -	- -
+ ST Debt	23	111	132	115	98	79	8	8	8	8	38	3	4	24	- -
+ ST Borrowings	23	111	132	115	98	79	8	8	8	8	38	3	4	24	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	4	13	16	16	7	8	- -	- -	- -	- -	- -	- -	4	3	2
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	1	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	4	13	16	16	7	8	- -	- -	- -	- -	- -	-2	2	2	1
Total Current Liabilities	41	141	162	142	123	105	16	16	16	16	46	12	12	31	4
+ LT Debt	96	5	1	- -	- -	- -	68	60	52	44	6	26	23	- -	25
+ LT Borrowings	96	5	1	- -	- -	- -	68	60	52	44	6	26	23	- -	25
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	6	5	1	1	- -	- -	2	1	1	1	4	9	10	8	4
+ Accrued Liabilities	4	3	1	1	- -	- -	- -	- -	- -	1	4	9	10	8	4
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	2	2	- -	- -	- -	- -	1	1	1	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	102	10	1	1	- -	- -	69	61	53	45	9	36	33	8	29
Total Liabilities	143	151	163	143	123	105	85	77	69	61	55	48	45	39	33
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	31	31	34	34	34	34	34	34	34	34	34	32	32	32	32
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	31	31	33	33	33	33	33	33	34	34	34	31	31	31	31
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-31	-50	-61	-59	-53	-52	-36	-18	-16	-10	-5	5	7	7	- -
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	- -	-18	-27	-25	-20	-19	-3	15	17	24	29	36	39	39	31
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	- -	-18	-27	-25	-20	-19	-3	15	17	24	29	36	39	39	31
Total Liabilities & Equity	143	132	136	118	103	86	82	92	86	85	84	84	84	78	64
Shares Outstanding	9	9	14	14	14	14	14	14	14	14	14	9	9	9	9
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	117	114	133	112	97	77	73	63	56	47	38	26	23	18	23
Net Debt to Equity	89,718.61	-616.73	-487.98	-439.9	-494.07	-415.05	-2,536.6	411.08	321.64	198.65	132.24	71.62	59.61	45.51	72.96
Tangible Common Equity Ratio	0.09	-14	-19.94	-21.53	-19.1	-21.45	-3.49	16.69	20.16	28.22	34.31	43.13	46.3	49.59	48.63
Current Ratio	0.75	0.15	0.09	0.1	0.07	0.09	0.78	1.24	1.19	1.62	0.59	2.29	2.2	0.86	3.98
Cash Conversion Cycle	44.5	18.77	-8.37	-27.83	-204.24	-118.81	-39.78	26.99	32.08	46.66	47.41	48.37	46.67	44.23	63.33

Cash Flow Statement (USD)

API Chat

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y
+ Net Income	-8	-19	-11	2	6	1	16	18	2	6	5	11	3	- -	-7
+ Depreciation & Amortization	-7	7	7	8	7	6	6	6	4	6	5	5	6	6	6
+ Non-Cash Items	15	- -	-2	-4	-4	-4	-13	-12	3	2	2	-8	2	1	-2
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	-10	3	4	3	6	1	- -	-4
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	15	- -	-2	-4	-4	-4	-13	-2	- -	-1	-1	-14	1	1	2
+ Chg in Non-Cash Work Cap	- -	21	11	3	1	2	-2	-4	-1	-5	-2	1	-2	1	1
+ (Inc) Dec in Accts Receiv	- -	3	1	3	1	- -	- -	-1	-2	-1	- -	-1	1	2	2
+ (Inc) Dec in Inventories	2	2	1	2	1	- -	- -	-3	1	-2	- -	-1	-1	- -	2
+ (Inc) Dec in Prepaid Assets	- -	- -	1	-1	- -	- -	-1	1	- -	- -	-1	1	-1	-1	1
+ Inc (Dec) in Accts Payable	-1	9	3	-3	-2	-3	-2	- -	- -	-1	- -	1	- -	-2	-3
+ Inc (Dec) in Other	-1	8	6	2	1	5	2	- -	-1	-1	-1	- -	- -	1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	10	6	9	10	6	7	8	7	8	11	8	9	7	-2
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-1	- -	-2	-1	-1	-1	-2	-1	-3	-4	-7	-2	-2
+ Acq of Fixed Prod Assets	-1	-1	-1	- -	-2	-1	-1	-1	-2	-1	-3	-4	-7	-2	-2
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-33	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-33	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	-1	2	- -	-2	-1	-1	-1	-2	-1	-3	-4	-7	-2	-2
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	13	-1	-9	-6	-11	-4	-5	-6	-6	-6	-6	-4	-9	-6	1
+ Cash From Debt	254	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	29	2	2	27
+ Repayments of Debt	-241	-1	-9	-6	-11	-4	-5	-6	-6	-6	-6	-33	-11	-7	-26
+ Other Financing Activities	-10	-9	- -	- -	- -	- -	- -	- -	- -	- -	- -	31	5	4	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	3	-9	-9	-6	-11	-4	-5	-6	-6	-6	-6	-6	-3	-2	-1
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	2	- -	-1	3	-3	1	1	1	-1	1	1	-2	-1	4	-4
EBITDA	-126	-105	-82	-51	8	10	15	26	23	35	16	12	15	10	- -
EBITDA Margin (%)	-94.6	-103.54	-96.64	-67.1	10.67	12.56	16.64	26.34	19.82	28.73	12.71	9.3	11.06	8.67	0.69
Free Cash Flow	-1	9	6	9	8	5	6	7	5	7	8	4	3	6	-4
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	9	8	5	6	- -	6	8	9	6	6	- -	- -
Free Cash Flow to Equity	12	8	-3	3	-3	1	1	1	-1	1	1	- -	-6	- -	-3
Free Cash Flow per Basic Share	-0.15	1.02	0.64	0.63	0.56	0.34	0.44	0.51	0.38	0.49	0.55	0.3	0.29	0.64	-0.4
Price/Free Cash Flow	6.55	0.35	0.16	0.63	1.23	2.22	4.41	3.7	2.28	2.12	1.84	0.87	1.16	1.22	-9.83
Cash Flow to Net Income	0.02	-0.51	-0.57	5.2	1.73	4.74	0.43	0.44	3.85	1.43	2.1	0.75	3.13	-16.5	0.27
Capital Expenditures	-1	-1	-1	- -	-2	-1	-1	-1	-2	-1	-3	-4	-7	-2	-2