secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS LEASE FINANCE CORP (WLFC)
CIK:        0001018164
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001018164-24-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Willis Lease Finance reports record 2023 revenue of $418.6M, pre-tax income $67.1M, diluted EPS $6.23
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- Record annual total revenues $418.6M; pre-tax income $67.1M (vs $9.8M in 2022).
- Core lease rent and maintenance reserve revenues up 41% to $346.8M; lease rent $213.1M (+31.1%).
- Diluted EPS $6.23 vs $0.33 in 2022; book value per share $67.73.
- Raised $410M in ABS financings, refinanced credit facility, accessed JOLCO market.
- Gain on sale of leased equipment $10.6M (28 engines sold) vs $3.1M in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018164/000101816424000008/0001018164-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018164/000101816424000008/wlfc-20240313.htm
  HTML page:      https://secwatch.observer/filing/0001018164-24-000008

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