Gol recorded a net profit of R$2.6 billion in the first quarter of 2022, reversing a loss of R$2.5 billion a year earlier, the company said in a balance sheet sent to the Securities and Exchange Commission (CVM) this Thursday. . In the recurring criterion, the airline reported a net loss of R$690 million in the period, compared to a negative result of R$891.8 million in the same period in 2021.
The recurring earnings before interest, taxes, depreciation and amortization (Ebitda) for the quarter reached R$542.2 million, compared to a negative result of R$72.1 million in the same period of 2021. As a result, the recurring Ebitda margin was of 16.8% from January to March, compared to a negative margin of 4.6% on the same basis of comparison.
The company’s net operating revenue reached R$3.2 billion in the first quarter, up 105.4% over the same period in 2021.
“Our ability to emerge from one of the worst crises in the history of the airline industry as a more competitive company with good results is a testament to our flexible business model, which allows us to quickly adapt to current market dynamics,” he commented in a press release. results the president of Gol, Paulo Kakinoff.