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Chorus Aviation
(TSX:CHR)
Chorus Aviation (CHR) vs. S&P 500 (SPY)
Chorus Aviation Business Overview & Revenue Model
Chorus Aviation Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 1.40B | 1.68B | 1.60B | 1.02B | 948.72M | Gross Profit |
| 270.89M | 441.60M | 423.40M | 205.63M | 230.12M | EBIT |
| 92.65M | 262.36M | 188.27M | 70.98M | 114.55M | EBITDA |
| 165.54M | 471.94M | 360.85M | 270.46M | 363.12M | Net Income Common Stockholders |
| -158.50M | 101.35M | 48.89M | -20.48M | 41.49M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 222.22M | 88.83M | 100.03M | 123.57M | 165.72M | Total Assets |
| 1.61B | 3.85B | 4.06B | 3.18B | 3.34B | Total Debt |
| 516.38M | 1.76B | 2.03B | 1.91B | 2.19B | Net Debt |
| 294.16M | 1.67B | 1.93B | 1.79B | 2.03B | Total Liabilities |
| 1.10B | 2.57B | 2.79B | 2.49B | 2.70B | Stockholders Equity |
| 511.95M | 1.19B | 1.18B | 690.47M | 641.34M |
| Cash Flow | Free Cash Flow | |||
| 212.13M | 256.51M | 217.23M | 110.26M | -249.50M | Operating Cash Flow |
| 265.02M | 299.68M | 279.51M | 184.97M | 156.64M | Investing Cash Flow |
| 818.67M | 37.56M | -231.37M | -45.74M | -407.59M | Financing Cash Flow |
| -1.06B | -325.55M | -71.46M | -180.93M | 334.56M |
Chorus Aviation Technical Analysis
Chorus Aviation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | C$2.47B | 18.91 | 9.13% | 5.48% | 6.46% | -5.54% | |
68 Neutral | $4.65B | 2.86 | 112.28% | ― | 1.93% | -24.67% | |
64 Neutral | $7.98B | 17.20 | -18.58% | ― | 9.57% | -27.38% | |
62 Neutral | $7.62B | 13.01 | 3.19% | 3.32% | 3.77% | -14.28% | |
56 Neutral | C$6.30B | 16.38 | 3.54% | 0.45% | -17.78% | -41.13% | |
46 Neutral | C$497.30M | ― | -1.28% | ― | -12.40% | -529.26% | |
45 Neutral | C$60.48M | ― | 12.83% | ― | 5.10% | -484.90% |
Chorus Aviation Earnings Call Summary
Chorus Aviation Corporate Events
Chorus Aviation Inc. announced that it will present its first quarter 2025 financial results and hold its Annual Meeting of Shareholders on May 7, 2025. The presentation will be led by CEO Colin Copp and CFO Gary Osborne, providing insights into the company’s financial performance and strategic direction. This announcement is significant as it offers stakeholders an opportunity to engage with the company’s leadership and gain a deeper understanding of its operational and financial strategies.
Spark’s Take on TSE:CHR Stock
According to Spark, TipRanks’ AI Analyst, TSE:CHR is a Neutral.
Chorus Aviation faces significant challenges with profitability and valuation, reflected in its negative P/E ratio and declining income. While technical indicators provide a neutral outlook, strategic financial maneuvers like debt reduction offer a positive note but are not sufficient to outweigh broader financial difficulties.
To see Spark’s full report on TSE:CHR stock, click here.
Chorus Aviation has announced a substantial issuer bid to purchase up to $25 million of its shares through a modified Dutch auction, allowing shareholders to tender their shares at specified prices. This move is seen as a strategic use of financial resources, reflecting the company’s belief that its current share price undervalues its business and future prospects, while maintaining sufficient capital for ongoing operations and growth opportunities.
Spark’s Take on TSE:CHR Stock
According to Spark, TipRanks’ AI Analyst, (TSE:CHR) is a Neutral.
Chorus Aviation faces significant challenges with profitability and valuation, reflected in its negative P/E ratio and declining income. While technical indicators provide a neutral outlook, strategic financial maneuvers like debt reduction offer a positive note but are not sufficient to outweigh broader financial difficulties.
To see Spark’s full report on (TSE:CHR) stock, click here.
Jazz Aviation LP has been named one of Atlantic Canada’s Top Employers for the 14th consecutive year, underscoring its commitment to a positive workplace culture and employee support in the region. This accolade, awarded by Mediacorp Canada Inc., highlights Jazz’s dedication to collaboration, respect, and continuous improvement, further cementing its reputation as an employer of choice and enhancing its stakeholder value.
Jazz Aviation LP has been named one of Atlantic Canada’s Top Employers for the 14th consecutive year, underscoring its dedication to creating an exceptional workplace culture. This recognition reflects Jazz’s commitment to fostering a positive, inclusive, and innovative work environment for its over 900 employees in the region. The award, given by Mediacorp Canada Inc., evaluates employers on various criteria, including workplace environment, employee benefits, and community involvement, highlighting Jazz’s leadership in the industry and its value to stakeholders.
Jazz Aviation LP has been recognized for the fourteenth consecutive year as one of Canada’s Best Diversity Employers by Mediacorp Canada Inc. This accolade underscores Jazz’s commitment to diversity, equity, inclusion, and accessibility in the workplace, highlighting its successful initiatives for women, visible minorities, persons with disabilities, Indigenous peoples, and the LGBT community. This recognition, along with other awards, reinforces Jazz’s leadership in the aviation industry and its dedication to creating value for stakeholders.
Chorus Aviation Inc. reported its fourth quarter and year-end 2024 financial results, highlighting a significant improvement in its leverage ratio from 3.3 to 1.4 due to the sale of the RAL business, which brought in net proceeds of $607.7 million. Despite a net loss from continuing operations, Chorus achieved adjusted earnings of $28.5 million for the year and a free cash flow of $118.8 million, with substantial revenue driven by its Voyageur operation. In Q4, the company faced a net loss but maintained adjusted earnings of $10.6 million. Additionally, Chorus announced a share consolidation effective February 5, 2025, which will impact its per-share figures moving forward.
Chorus Aviation announced that its shareholders and board have approved a share consolidation plan aimed at reducing the number of outstanding shares significantly. This consolidation, approved by 95.5% of shareholders and conditionally by the Toronto Stock Exchange, will streamline Chorus’s share structure, potentially affecting the trading dynamics of its stock and impacting stakeholders with a new listing symbol and adjusted securities.
Chorus Aviation Inc. has completed its previously announced offers to purchase convertible senior unsecured debentures, purchasing $43.8 million of Series B and $37.8 million of Series C debentures, resulting in a significant reduction of its outstanding debt. This strategic move not only strengthens Chorus’s financial position by reducing its liabilities but also reflects its proactive approach to managing its capital structure, potentially enhancing its appeal to investors and stakeholders.
Chorus Aviation Inc. has announced the results of its offers to purchase its Series B and Series C Debentures following the sale of its Regional Aircraft Leasing segment. The company successfully tendered $43.773 million of Series B Debentures and $37.797 million of Series C Debentures, representing 60% and 44% of the outstanding amounts, respectively. This strategic financial maneuver allows Chorus to streamline its financial commitments, potentially improving its liquidity and market positioning.
Chorus Aviation Inc. has announced that it will present its fourth quarter and year-end 2024 financial results on February 20, 2025. This announcement is crucial for stakeholders as it provides insights into the company’s financial performance and operational strategy, potentially affecting its future market positioning and investor relations.