secwatch.observer — SEC 8-K summary
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Issuer:     AerSale Corp (ASLE)
CIK:        0001754170
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001558370-23-002903
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AerSale reports FY2022 revenue $408.5M (+20% YoY), guides FY2023 EBITDA $70-80M below FY2022 $87.4M
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- Full year 2022 revenue $408.5M (+20% YoY); GAAP net income $43.9M (+21.4% YoY); adjusted EBITDA $87.4M (21.4% of sales).
- Q4 revenue $95.1M (down from $116.8M); Q4 GAAP net income $9.2M (down from $11.2M); Q4 adjusted EBITDA $17.7M (down from $28.6M).
- 2023 guidance: revenue $460-490M, adjusted EBITDA $70-80M (excl. AerAware), below FY2022 adjusted EBITDA of $87.4M.
- AerAware STC flight testing underway; expects STC within 30 days of completion; 12 additional 757 P2F conversions contracted.
- Cash $147.2M; undrawn $150M credit facility; no Payroll Support Program in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754170/000155837023002903/0001558370-23-002903-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754170/000155837023002903/asle-20230306x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-002903

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