AirSculpt Q2 revenue up 42% to $49.7M; declares $0.41 special dividend

Airsculpt Technologies, Inc.

2022-Q2 EPS reported $0.00 revenue$89,198,000

Revenue of $49.7M (+42% YoY); case volume 3,691 (+22.5% YoY); same-center revenue growth 20.4%.
Net income $0.6M (vs $10.0M prior) due to $7.2M equity-based comp and $1.9M public company costs.
Adjusted EBITDA $15.2M (+7.1% YoY); excluding $1.9M public costs, growth ~24%.
Board declares special cash dividend $0.41/share, payable Sept 14 to holders of record Aug 26; aggregate ~$25M.
FY2022 outlook reaffirmed: revenue $175-179M; Adjusted EBITDA $58-60M; plan to open 4 de novo centers.

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