AerSale Earnings Reports

AerSale Corporation posted Q4 2024 revenue of $94.7 million, a slight increase from $94.4 million in Q4 2023. Despite lower flight equipment sales, the company achieved higher-margin revenue in other areas, leading to a net income of $2.7 million compared to a net loss of $2.7 million in the prior-year quarter. Adjusted EBITDA more than doubled to $13.0 million, while adjusted EPS improved to $0.09.

AerSale Corporation reported a decrease in revenue for Q3 2024, totaling $82.7 million compared to $92.5 million in Q3 2023. However, the company saw an increase in GAAP net income, reporting $0.5 million compared to a net loss of $0.1 million in the prior year period. Excluding flight equipment sales, revenue increased 26.0% year over year to $60.1 million. Adjusted EBITDA increased to $8.2 million from $1.9 million in the prior year.

AerSale Corporation reported revenue of $77.1 million for the second quarter of 2024, compared to $69.3 million in the second quarter of 2023. The company reported a GAAP net loss of $3.6 million, compared to a GAAP net loss of $2.7 million in the prior year period. Adjusted EBITDA was $3.2 million versus $(0.5) million in the prior year period.

AerSale Corporation reported a strong start to 2024 with increased revenue, driven by flight equipment sales, USM sales, and robust MRO revenue. Net income also saw a significant rise compared to the first quarter of 2023.

AerSale reported a challenging Q4 2023 due to a shift in anticipated flight equipment sales, resulting in a GAAP net loss of $2.7 million. Revenue decreased slightly to $94.4 million, but excluding flight equipment sales, it increased by 7.6%. The company is focusing on long-term growth through feedstock acquisitions and monetization, with strong demand for products and services.

AerSale Corporation reported a revenue increase to $92.5 million compared to $51.0 million in the prior year period, driven by flight equipment sales. However, the company experienced a GAAP net loss of $0.1 million, although this was an improvement from the $9.0 million loss in the prior year. Adjusted net income was $0.9 million, compared to an adjusted net loss of $1.9 million in the prior year.

AerSale reported a decrease in revenue to $69.3 million compared to $139.6 million in the prior year period. GAAP net loss was $2.7 million, a significant shift from the $26.5 million net income in the prior year period. The company updated its 2023 guidance, expecting revenue in the range of $400 - $440 million and adjusted EBITDA in the range of $40 - $55 million.

AerSale reported a revenue of $78.3 million for Q1 2023, compared to $122.8 million in Q1 2022. GAAP net income was $5 thousand, a significant decrease from $17.2 million in the prior year period. The company reaffirms its 2023 guidance, expecting revenue between $460 and $490 million and adjusted EBITDA between $70 and $80 million.

AerSale Corporation reported a decrease in revenue for Q4 2022, totaling $95.1 million compared to $116.8 million in Q4 2021, primarily due to lower flight equipment sales. GAAP net income was reported at $9.2 million, down from $11.2 million in the prior year period. The company's Technical Operations revenue improved by 17.2%, driven by better performance from landing gear and aerostructure MRO.

AerSale Corporation reported a decrease in revenue for Q3 2022 to $51.0 million compared to $73.3 million in Q3 2021, with a GAAP net loss of $9.0 million versus a net loss of $1.6 million in the prior year period. The company reaffirmed its full-year guidance for revenue between $420 - $450 million and adjusted EBITDA between $80 - $90 million.

AerSale Corporation reported a significant increase in revenue and net income for the second quarter of 2022. Revenue reached $139.6 million, a 51.9% increase compared to the previous year, while GAAP net income rose to $26.5 million, a 59.9% increase.

AerSale Corporation reported a strong first quarter in 2022 with a 110% increase in revenue to $122.8 million and a 72% increase in GAAP net income to $17.2 million. The company's performance was driven by flight equipment sales and increased demand for USM parts.

AerSale Corporation reported a significant increase in revenue and net income for Q4 2021. Revenue reached $116.8 million, including $73.1 million from flight equipment sales, compared to $49.4 million in the prior-year period. GAAP net income was $11.2 million, up from $0.3 million in the prior year. The company's performance was driven by strong contributions from Asset Management Solutions (AMS) and a favorable sales mix.

AerSale reported a revenue increase to $73.3 million, driven by flight equipment sales, but had a GAAP net loss of $1.6 million due to non-cash equity compensation and mark-to-market costs. Adjusted Net Income was $9.2 million and Adjusted EBITDA was $13.9 million.

AerSale Corporation reported a significant increase in revenue for Q2 2021, reaching $91.9 million compared to $45.4 million in Q2 2020. The company also achieved a GAAP net income of $16.5 million, a substantial improvement from the net loss of $7.9 million in the same quarter last year. The increase was driven by flight equipment sales and maintenance work.

AerSale Corporation reported a strong first quarter in 2021, marked by increased revenue, net income, and adjusted EBITDA. Revenue reached $58.4 million, including $13.8 million from flight equipment sales. Net income rose to $10.0 million, and adjusted EBITDA increased to $16.5 million, reflecting stronger margins from sales mix and cost reduction efforts.

AerSale Corporation reported a fourth-quarter revenue of $49.4 million and a GAAP net income of $0.6 million. The revenue was adversely impacted by COVID-19, but this was partially offset by stronger aircraft storage volume and related aircraft maintenance work.