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Jun 30, 2023

FTAI Aviation Q2 2023 Earnings Report

Reported financial results for the second quarter of 2023 and declared a dividend of $0.30 per ordinary share.

Key Takeaways

FTAI Aviation Ltd. reported a net income attributable to shareholders of $46.4 million and an adjusted EBITDA of $153.077 million for Q2 2023. The company's Board of Directors declared a cash dividend of $0.30 per share for the quarter ended June 30, 2023.

Q2 2023 Net Income attributable to Shareholders of $46.4 million

$30.1 million Aerospace Products Adj. EBITDA at 44% overall margin

Generated $148.0 million positive cashflow for asset acquisition & investment activity

Declared dividend of $0.30 per ordinary share

Total Revenue
$274M
Previous year: $178M
+54.2%
EPS
$0.46
Previous year: $0.11
+318.2%
Adjusted EBITDA
$153M
Previous year: $165M
-7.4%
Dividend per share
$0.3
Previous year: $0.33
-9.1%
Gross Profit
$131M
Previous year: $57.6M
+127.9%
Cash and Equivalents
$21.1M
Previous year: $119M
-82.2%
Free Cash Flow
$27.7M
Previous year: -$115M
-124.2%
Total Assets
$2.53B
Previous year: $4.88B
-48.3%

FTAI Aviation

FTAI Aviation