earnings
confidence high
sentiment negative
materiality 0.75
AerSale Q2 net loss $5.6M vs $8.6M profit; revenue down 34% to $70.9M
AerSale Corp
- Revenue $70.9M, down 33.9% YoY; net loss $5.6M vs net income $8.6M; adjusted EBITDA $2.2M vs $18.3M.
- Diluted loss per share $0.12 vs diluted EPS $0.18; adjusted diluted loss per share $0.09 vs $0.20.
- Asset Management Solutions revenue fell 51.3% to $37.1M due to no Flight Equipment sales; TechOps up 8.7% to $33.8M.
- Expects H2 improvement: Boeing 737 sale ~$35M, three engine sales commitments, fourth B757 freighter delivered on lease.
- Liquidity $34.0M ($2.2M cash + $31.8M revolver availability); cash used in ops $33.5M YTD.