secwatch.observer — SEC 8-K summary
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Issuer:     AerSale Corp (ASLE)
CIK:        0001754170
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001558370-22-007823
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AerSale Q1 revenue $122.8M (+110% YoY); reaffirms FY22 guidance $420-450M revenue, $80-90M adjusted EBITDA
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- Revenue $122.8M (+110% YoY); GAAP net income $17.2M ($0.32 diluted EPS); adjusted EPS $0.41.
- Adjusted EBITDA $29.9M (24.4% of sales) vs $16.5M in Q1 2021; reaffirms FY22 guidance.
- Flight equipment sales of $75.9M (six aircraft, four engines) drove AMS revenue up 154.8%.
- Ended quarter with $171.7M cash and undrawn $150M credit facility; no debt.
- Two aircraft and one engine lease terminated due to Russia-Ukraine sanctions; being remarketed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754170/000155837022007823/0001558370-22-007823-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754170/000155837022007823/asle-20220509x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-007823

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