earnings
confidence high
sentiment neutral
materiality 0.60
AerSale Q3 2024 revenue $82.7M, net income $0.5M; adjusted EBITDA up to $8.2M
AerSale Corp
2024-Q3 EPS reported
$0.06
revenue$250,325,000
- Revenue of $82.7M vs $92.5M prior year; base business up 26% excluding volatile flight equipment sales.
- GAAP net income $0.5M ($0.01 diluted EPS) vs net loss $0.1M (-$0.00) a year ago.
- Adjusted EBITDA $8.2M vs $1.9M; driven by higher sales volume and lower period expenses.
- Flight equipment sold: 5 engines, no aircraft (vs 7 engines + 1 757 P2F).
- Liquidity $103.5M ($9.8M cash, $93.7M revolver); inventory $413.6M; feedstock acquisitions $42M.