Virgin Australia Holdings Limited (ASX:VGN)

The Virgin Australia Group's Preliminary Final Report for FY25 highlights significant financial and operational performance. The report details an increase in underlying EBIT to $664.4 million, up 27.9% compared to FY24, and a statutory net profit after tax of $478.5 million, though this represents a 12.3% decrease from the previous year. The report shows an underlying revenue and income growth of 8.5% to $5,809.7 million for FY25. The Group continues to execute its Value Carrier strategy, resulting in operational improvements and margin accretion. The Velocity Loyalty program also saw substantial growth, with a 12% increase in active members and expansion through new partnerships. The consolidated statement of profit or loss and other comprehensive income reveals a statutory profit before tax of $252.8 million and a total comprehensive income of $444.0 million. Significant investments were made in property, plant, and equipment, amounting to $603.7 million in additions. The Group's financial position shows total assets of $4,872.1 million and net liabilities of $814.6 million, with share capital maintaining at $2,240.2 million.