secwatch.observer — SEC 8-K summary
======================================

Issuer:     AerSale Corp (ASLE)
CIK:        0001754170
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001558370-21-015280
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AerSale Q3 revenue $73.3M, GAAP net loss $1.6M; raises FY adjusted EBITDA guidance to $80-90M
--------------------------------------------------------------------------------

- Revenue $73.3M vs $57.1M YoY; flight equipment sales of $27.4M (none in prior year).
- Adjusted EBITDA $13.9M (18.9% of revenue) vs $25.6M (44.8%) YoY, which included $6.3M PSP proceeds.
- GAAP net loss $1.6M; adjusted net income $9.2M after excluding $8.7M equity compensation and $2.1M warrant costs.
- 2021 guidance raised: revenue $320-340M, adjusted EBITDA $80-90M (prior $60-70M), driven by strong freighter demand.
- Warrant redemption via cashless exchange confirmed not to violate CARES Act; company can proceed at appropriate time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754170/000155837021015280/0001558370-21-015280-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754170/000155837021015280/asle-20211109x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-015280

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer