secwatch.observer — SEC 8-K summary
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Issuer:     StandardAero, Inc. (SARO)
CIK:        0002025410
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0000950170-24-126325
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StandardAero Q3 revenue up 13.2% to $1.24B; net income $16.4M; IPO proceeds used to pay down debt
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- Revenue $1,244.6M (+13.2% YoY); net income $16.4M vs ($17.9M) loss; adjusted EBITDA $168.4M (+26%).
- Commercial aerospace revenue +20%, business aviation +15%; military/helo -3% due to V-22 Osprey grounding.
- Acquired Aero Turbine for up to $141M; expected to contribute $25M adjusted EBITDA in 2025.
- Completed $1.7B IPO; net $1.2B used to repay $475.5M senior notes and $726.1M term loans.
- Refinanced remaining debt with new $2.25B term loan and $750M revolver; annual interest savings >$130M vs pre-IPO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025410/000095017024126325/0000950170-24-126325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025410/000095017024126325/saro-20241113.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-126325

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