Financial Snapshot

Revenue
$344.7M
TTM
Gross Margin
28.62%
TTM
Net Earnings
$417.0K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
721.09%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$451.5M
Q3 2024
Cash
Q3 2024
P/E
802.6
Nov 29, 2024 EST
Free Cash Flow
-$44.81M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $334.5M $408.5M $340.4M $208.9M $304.2M $0.00
YoY Change -18.12% 20.01% 62.94% -31.32%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $334.5M $408.5M $340.4M $208.9M $304.2M $0.00
Cost Of Revenue $242.1M $257.2M $221.0M $156.1M $219.2M
Gross Profit $92.42M $151.4M $119.4M $52.79M $85.05M
Gross Profit Margin 27.63% 37.06% 35.07% 25.27% 27.96%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $103.2M $96.35M $77.50M $55.64M $59.81M
YoY Change 7.1% 24.32% 39.3% -6.99%
% of Gross Profit 111.65% 63.64% 64.91% 105.39% 70.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.46M $10.98M $13.00M $24.22M $30.08M
YoY Change -4.78% -15.49% -46.34% -19.47%
% of Gross Profit 11.32% 7.26% 10.89% 45.89% 35.37%
Operating Expenses $103.2M $96.35M $77.50M $55.64M $59.81M $0.00
YoY Change 7.1% 24.32% 39.3% -6.99%
Operating Profit -$10.77M $55.05M $56.66M $11.28M $22.06M
YoY Change -119.57% -2.85% 402.19% -48.85%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $155.0K $1.093M -$980.0K -$1.645M -$3.006M
YoY Change -85.82% -211.53% -40.43% -45.28%
% of Operating Profit 1.99% -1.73% -14.58% -13.63%
Other Income/Expense, Net $3.091M $2.836M -$8.888M -$1.539M -$2.395M
YoY Change 8.99% -131.91% 477.52% -35.74%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$7.679M $57.88M $47.77M $9.744M $19.66M $0.00
YoY Change -113.27% 21.16% 390.29% -50.44%
Income Tax -$2.116M $14.02M $11.66M $1.650M $4.164M
% Of Pretax Income 24.22% 24.4% 16.93% 21.18%
Net Earnings -$5.563M $43.86M $36.12M $8.094M $15.50M $0.00
YoY Change -112.68% 21.45% 346.19% -47.78%
Net Earnings / Revenue -1.66% 10.74% 10.61% 3.87% 5.09%
Basic Earnings Per Share -$0.11 $0.85 $0.84 $7.85 -$517.00
Diluted Earnings Per Share -$0.15 $0.83 $0.76 $7.39 -$517.00 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $5.873M $147.2M $130.2M $29.30M $300.0K $0.00
YoY Change -96.01% 13.06% 344.33% 9666.67%
Cash & Equivalents $5.873M $147.2M $130.2M $29.30M $300.0K $0.00
Short-Term Investments
Other Short-Term Assets $48.26M $40.61M $98.77M $99.00M $100.0K
YoY Change 18.86% -58.89% -0.23% 98900.0%
Inventory $177.8M $117.5M $81.76M $85.20M
Prepaid Expenses
Receivables $31.24M $28.27M $42.57M $50.20M
Other Receivables $1.628M $0.00 $0.00 $500.0K
Total Short-Term Assets $264.8M $333.6M $271.5M $179.0M $500.0K $0.00
YoY Change -20.62% 22.84% 51.69% 35700.0%
Property, Plant & Equipment $81.69M $75.55M $7.350M $7.800M
YoY Change 8.12% 927.89% -5.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $77.53M $55.50M
YoY Change 39.7%
Other Assets $165.6M $78.50M $84.97M $93.20M $176.6M $400.0K
YoY Change 110.99% -7.62% -8.83% -47.23% 44050.0%
Total Long-Term Assets $289.2M $198.0M $216.0M $210.1M $176.7M $400.0K
YoY Change 46.03% -8.3% 2.79% 18.9% 44075.0%
Total Assets $553.9M $531.6M $487.5M $389.1M $177.2M $400.0K
YoY Change
Accounts Payable $29.90M $21.13M $19.97M $16.40M
YoY Change 41.49% 5.83% 21.75%
Accrued Expenses $10.07M $13.27M $8.424M $8.600M $500.0K $200.0K
YoY Change -24.1% 57.51% -2.05% 1620.0% 150.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K
YoY Change -100.0%
Long-Term Debt Due $1.278M $0.00
YoY Change
Total Short-Term Liabilities $45.71M $52.84M $67.91M $31.70M $500.0K $400.0K
YoY Change -13.49% -22.19% 114.21% 6240.0% 25.0%
Long-Term Debt $36.28M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $26.93M $33.76M $9.587M $4.800M
YoY Change -20.23% 252.13% 99.73%
Total Long-Term Liabilities $63.21M $33.76M $9.587M $4.800M $0.00 $0.00
YoY Change 87.24% 252.13% 99.73%
Total Liabilities $108.9M $86.60M $78.61M $36.50M $500.0K $400.0K
YoY Change 25.78% 10.17% 115.36% 7200.0% 25.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 51.29M 51.57M 43.19M 1.031M 37.01K
Diluted Shares Outstanding 51.46M 53.15M 47.31M 1.095M 37.01K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $334.67 Million

About AerSale Corp

AerSale Corp. engages in serving airlines operating large jets manufactured by Boeing, Airbus and McDonnell Douglas. The company is headquartered in Doral, Florida and currently employs 707 full-time employees. The company went IPO on 2019-02-28. The Company’s segments include Asset Management Solutions and Technical Operations (TechOps). Asset Management Solutions segment comprised of activities that extract value from strategic asset acquisitions either as whole assets or by disassembling for used serviceable material (USM). Its TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, full heavy aircraft maintenance and modification, component maintenance, repair, and overhaul (MRO), as well as end-of-life disassembly services. The TechOps segment also includes MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components.

Industry: Wholesale-Machinery, Equipment & Supplies Peers: AAR CORP Archer Aviation Inc. Cadre Holdings, Inc. V2X, Inc. KAMAN Corp KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Virgin Orbit Holdings, Inc. RTX Corp Virgin Galactic Holdings, Inc