Airsculpt Technologies, Inc. - Understand $airs stock

$AIRS Market Cap: $427.8 Million

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Financial Snapshot

Revenue

$188.8M

TTM

Gross Margin

64.9%

TTM

Net Earnings

-$7.791M

TTM

Current Assets

$12.89M

Q3 2024

Current Liabilities

$25.35M

Q3 2024

Current Ratio

50.86%

Q3 2024

Total Assets

$208.2M

Q3 2024

Total Liabilities

$125.7M

Q3 2024

Book Value

$82.54M

Q3 2024

Cash

$5.972M

Q3 2024

P/E

-54.90

Nov 29, 2024 EST

Free Cash Flow

$1.197M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019
Revenue	$195.9M	$168.8M	$133.3M	$62.77M	$41.24M
YoY Change	16.07%	26.61%	112.4%	52.21%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019
Revenue	$195.9M	$168.8M	$133.3M	$62.77M	$41.24M
Cost Of Revenue	$68.11M	$58.28M	$41.24M	$20.67M	$13.99M
Gross Profit	$127.8M	$110.5M	$92.08M	$42.10M	$27.25M
Gross Profit Margin	65.23%	65.47%	69.07%	67.07%	66.08%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019
Selling, General & Admin	$102.4M	$101.4M	$65.73M	$23.62M	$20.13M
YoY Change	0.95%	54.29%	178.28%	17.37%
% of Gross Profit	80.11%	91.77%	71.39%	56.11%	73.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.25M	$8.061M	$6.597M	$5.641M	$4.960M
YoY Change	27.19%	22.19%	16.95%	13.73%
% of Gross Profit	8.02%	7.29%	7.16%	13.4%	18.2%
Operating Expenses	$102.4M	$101.4M	$65.73M	$23.62M	$20.13M
YoY Change	0.95%	54.29%	178.28%	17.37%
Operating Profit	$9.483M	-$4.545M	$15.77M	$10.03M	$663.0K
YoY Change	-308.65%	-128.82%	57.16%	1413.27%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019
Interest Expense	$6.485M	$6.751M	$4.888M	$2.456M	$2.875M
YoY Change	-3.94%	38.11%	99.02%	-14.57%
% of Operating Profit	68.39%		31.0%	24.48%	433.63%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019
Pretax Income	$2.998M	-$11.30M	$10.88M	$7.577M	-$2.212M
YoY Change	-126.54%	-203.82%	43.59%	-442.54%
Income Tax	$7.477M	$3.383M	$329.0K	$0.00	$0.00
% Of Pretax Income	249.4%		3.02%	0.0%
Net Earnings	-$4.479M	-$14.68M	$10.55M	$7.577M	-$2.212M
YoY Change	-69.49%	-239.12%	39.25%	-442.54%
Net Earnings / Revenue	-2.29%	-8.7%	7.91%	12.07%	-5.36%
Basic Earnings Per Share	-$0.08	-$0.26	-$0.01
Diluted Earnings Per Share	-$0.08	-$0.26	-$0.01	$136.2K	-$39.76K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$10.26M	$9.616M	$25.35M	$10.38M	$5.128M
YoY Change	6.72%	-62.06%	144.21%	102.4%
Cash & Equivalents	$10.26M	$9.616M	$25.35M	$10.38M	$5.128M
Short-Term Investments
Other Short-Term Assets	$3.758M	$4.229M	$4.093M	$1.184M	$1.459M
YoY Change	-11.14%	3.32%	245.69%	-18.85%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$15.96M	$16.68M	$29.44M	$11.56M	$6.587M
YoY Change	-4.29%	-43.36%	154.61%	75.54%
Property, Plant & Equipment	$54.32M	$47.97M	$31.79M	$24.16M	$16.48M
YoY Change	13.24%	50.92%	31.56%	46.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$5.657M	$3.280M	$1.742M	$1.544M	$1.339M
YoY Change	72.47%	88.29%	12.82%	15.31%
Total Long-Term Assets	$188.1M	$184.1M	$171.1M	$168.0M	$164.9M
YoY Change	2.16%	7.58%	1.83%	1.9%
Total Assets	$204.0M	$200.8M	$200.6M	$179.6M	$171.5M
YoY Change
Accounts Payable	$3.922M	$3.844M	$2.670M	$1.095M	$2.114M
YoY Change	2.03%	43.97%	143.84%	-48.2%
Accrued Expenses	$12.81M	$13.99M	$10.09M	$4.729M	$2.651M
YoY Change	-8.48%	38.73%	113.26%	78.39%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.125M	$2.125M	$850.0K	$400.0K	$400.0K
YoY Change	0.0%	150.0%	112.5%	0.0%
Total Short-Term Liabilities	$20.32M	$22.32M	$16.42M	$9.457M	$8.353M
YoY Change	-8.97%	35.96%	73.58%	13.22%
Long-Term Debt	$69.50M	$81.42M	$81.76M	$32.12M	$32.31M
YoY Change	-14.64%	-0.41%	154.54%	-0.58%
Other Long-Term Liabilities	$23.38M	$20.77M	$14.51M	$14.36M	$10.45M
YoY Change	12.57%	43.19%	1.02%	37.4%
Total Long-Term Liabilities	$92.88M	$102.2M	$96.26M	$46.48M	$42.76M
YoY Change	-9.11%	6.16%	107.11%	8.7%
Total Liabilities	$120.0M	$130.0M	$117.0M	$55.93M	$51.11M
YoY Change	-7.67%	11.08%	109.22%	9.44%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	56.78M shares	55.68M shares	55.64M shares
Diluted Shares Outstanding	56.78M shares	55.68M shares	55.64M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $427.75 Million

About Airsculpt Technologies, Inc.

AirSculpt Technologies, Inc. is a fat removal treatment under its brand, Elite Body Sculpture.. The company is headquartered in Miami Beach, Florida and currently employs 346 full-time employees. The company went IPO on 2021-10-29. The firm owns and operates non-clinical assets and provides its management services to the PAs through management services agreements (MSAs). Its direct medical procedure services segment. The firm offers fat removal procedures across treatment areas. The company also offers fat transfer procedures that use the patient’s own fat cells to enhance the breasts, buttocks, hips, or other areas and do not require silicone or foreign materials to be implanted. Its body contouring procedures include the Power BBL, a Brazilian butt lift procedure, the Up a Cup, a breast enhancement procedure, and the Hip Flip, an hourglass contouring procedure. Its AirSculpt + procedure permanently removes fat and tightens the skin with unparalleled precision and finesse.

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