Gol (GOLL4) has issued its monthly operating report, containing financial information for the period January 1 to January 31, 2024, filed with the United States Bankruptcy Court, as required during the Chapter 11 process. It has not been audited or reviewed by Gol's auditor .
According to the statement, the company recorded a net loss of 135 million Brazilian reais in January. EBITDA of R$682 million, a margin of 34%, and net revenue of R$1.982 billion.
In that month, Goal had net debt of R$20.21 billion in loans, financing, leasing and DIP financing. Cash and cash equivalents totaled R$2.151 billion, and accounts receivable amounted to R$1.052 billion.
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Gul stressed that the financial information contained in the monthly report, which will be issued from now on and throughout the restructuring process, is provided in accordance with the methodology set by the Bankruptcy Code and other applicable regulations and should not be compared with the financial information contained in the monthly report. The general financial statements disclosed by Juul Company were prepared according to different methodologies.
The company's fourth-quarter financial results are scheduled to be published next Thursday, the 28th, as scheduled.
