8-K
filed February 27, 2024, 6:59 PM ET
ticker AIRS
CIK 0001870940
earnings
confidence high
sentiment positive
materiality 0.75
AirSculpt Q4 revenue +17% to $47.6M, adjusted EBITDA up 28%; FY2024 guidance $220M revenue
Airsculpt Technologies, Inc.
2023-FY EPS reported
-$0.08
revenue$195,917,000
- Q4 revenue $47.6M (+17% YoY); full-year revenue $195.9M (+16.1% YoY).
- Q4 net loss improved to $4.6M from $7.2M; FY net loss $4.5M vs $14.7M prior year.
- Q4 adjusted EBITDA $10.1M (+27.9% YoY); FY adjusted EBITDA $43.2M (+11.2% YoY).
- Case volume Q4 3,680 (+10.3%); FY 14,932 (+14.3%); ended year with 27 facilities (up 5).
- FY2024 guidance: revenue ~$220M, adjusted EBITDA ~$50M, 6 new centers in H2 2024.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Airsculpt Technologies, Inc. updated its full year 2024 guidance (initiated).
- Period
- full year 2024
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
The Company projects full year 2024 revenue and adjusted EBITDA guidance as follows: • Revenues of approximately $220 million • Adjusted EBITDA of approximately $50 million • Adjusted EBITDA to cash flow from operations conversion ratio of approximately 65% (1) 1 • Six new centers to open in the second half of 2024
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Airsculpt Technologies, Inc. reported the full year ended December 31, 2023 results: revenue $195.9 million, net income $(4.5) million, EPS $(0.08).
- Period
- the full year ended December 31, 2023
- Revenue
- $195.9 million
- Net income
- $(4.5) million
- EPS
- $(0.08)
- Result
- reported results
Exact text from the filing
• Fourth quarter revenue increased 17.0% to $47.6 million and full year increased 16.1% to $195.9 million from the prior year periods • Fourth quarter net loss improved $2.6 million to $4.6 million and full year net loss improved $10.2 million to $4.5 million loss as compared to the prior year periods • Fourth quarter adjusted EBITDA rose 27.9% to $10.1 million, and full year adjusted EBITDA rose 11.2% to $43.2 million, from the prior year periods • Fourth quarter diluted loss per share of $(0.08) and full year diluted loss per share of $(0.08) an improvement of $0.05 and $0.18 from the fourth quarter and full year 2022
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Airsculpt Technologies, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $47.6 million, net income $(4.6) million, EPS $(0.08).
- Period
- the fourth quarter ended December 31, 2023
- Revenue
- $47.6 million
- Net income
- $(4.6) million
- EPS
- $(0.08)
- Result
- reported results
Exact text from the filing
• Fourth quarter revenue increased 17.0% to $47.6 million and full year increased 16.1% to $195.9 million from the prior year periods • Fourth quarter net loss improved $2.6 million to $4.6 million and full year net loss improved $10.2 million to $4.5 million loss as compared to the prior year periods • Fourth quarter adjusted EBITDA rose 27.9% to $10.1 million, and full year adjusted EBITDA rose 11.2% to $43.2 million, from the prior year periods • Fourth quarter diluted loss per share of $(0.08) and full year diluted loss per share of $(0.08) an improvement of $0.05 and $0.18 from the fourth quarter and full year 2022
View on SEC.gov
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