earnings
confidence high
sentiment neutral
materiality 0.70
AerSale FY2023: Revenue $334.5M, GAAP loss $5.6M, Adj. EBITDA $12.3M; AerAware certified
AerSale Corp
- FY2023: Revenue $334.5M, GAAP net loss $5.6M, adjusted net income $3.5M, adjusted EBITDA $12.3M.
- AerAware EFVS for B737NG received FAA STC; company launching go-to-market targeting 6,000+ aircraft.
- Feedstock acquisitions of $131.9M in 2023, additional $72M under contract; flight equipment inventory $329.2M.
- Underlying Technical Operations revenue up 11.3% (ex-flight equipment sales); CEO notes Q4 impacted by delayed sales shifting to 2024.