•
Sep 30, 2021

AirSculpt Q3 2021 Earnings Report

Announced third quarter 2021 results, demonstrating significant revenue and case volume growth.

Key Takeaways

AirSculpt Technologies reported a strong third quarter in 2021, with a 94.3% increase in revenue compared to the prior year period. Case volume also increased significantly, and the company opened two new centers, bringing the total to 18.

Revenue increased by 94.3% to $34.7 million compared to the prior year period.

Case volume increased by 60.4% to 2,743 compared to the prior year period.

Net income grew to $8.1 million compared to $2.9 million in the prior year period.

Adjusted EBITDA grew by 127.2% to $12.1 million compared to the prior year period.

Total Revenue
$34.7M
Previous year: $17.8M
+94.3%
EPS
$0.11
Previous year: $0.0436
+152.6%
Case Volume
2.74K
Previous year: 1.71K
+60.4%
Adjusted EBITDA
$12.1M
Previous year: $5.3M
+128.3%
Revenue per Case
$20.3
Gross Profit
$23.2M
Previous year: $11.1M
+109.8%
Cash and Equivalents
$20.7M

AirSculpt

AirSculpt

Forward Guidance

The Company projects full year revenue to be approximately $130 million and full year Adjusted EBITDA to be approximately $46 million.