Allegiant Travel Company (OQ:ALGT)

Sector:  Industrials Industry:  Airlines
 
See Regulatory Filings on SEC
Company Contact
Address: 1201 N. Town Center Drive
LAS VEGAS NV 89144
Tel: N/A
Website: https://www.allegiantair.com
IR: See website
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Key People
Maurice J. Gallagher
Executive Chairman of the Board, Chief Executive Officer
Gregory Clark Anderson
President
Robert Neal
Chief Financial Officer, Senior Vice President
Keny Wilper
Chief Operating Officer, Senior Vice President
Robert Paul Wilson
Executive Vice President, Chief Information Officer
Scott Wayne Deangelo
Executive Vice President, Chief Marketing Officer
Drew Wells
Senior Vice President, Chief Revenue Officer
Robert B. Goldberg
Company Secretary
 
Business Overview
Allegiant Travel Company is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. The Company provides various travel services and products, including scheduled service air transportation, ancillary air-related products and services, third party products and services, and fixed-fee contract air transportation. The Company operates through two segments: Airline and Sunseeker Resort. The Airline segment operates as a single business unit and includes all scheduled service air transportation, ancillary air-related products and services, third party products and services, fixed fee contract air transportation and other airline-related revenue. The Sunseeker Resort segment operates as a single business unit and includes hotel rooms and suites for occupancy, group meeting facilities, food and beverage options, the Aileron Golf Course and other resort amenities.
Financial Overview
For the fiscal year ended 31 December 2023, Allegiant Travel Company revenues increased 9% to $2.51B. Net income applicable to common stockholders increased from $2.5M to $113.4M. Revenues reflect Sunseeker Resort segment increase from $2K to $2.9M, Load Factor, Total -% increase of 1% to 83.3%. Net income benefited from Airline segment income increase of 84% to $251.5M, Sunseeker Resort segment loss decrease of 33% to $30.5M.
Employees: 6,686 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,525M as of Dec 31, 2023
Annual revenue (TTM): $2,510M as of Dec 31, 2023
EBITDA (TTM): $472.76M as of Dec 31, 2023
Net annual income (TTM): $113.42M as of Dec 31, 2023
Free cash flow (TTM): -$116.29M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,445M as of Dec 31, 2023
Shares outstanding: 18,286,324 as of Feb 23, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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