Aersale Corporation Stock Price, News & Analysis

AerSale Corporation (ASLE) reported Q1 2025 results showing revenue of $65.8 million, down 27.4% from $90.5 million in Q1 2024. The company posted a GAAP net loss of $5.3 million compared to net income of $6.3 million in the prior year. Excluding flight equipment sales, revenue increased 23.4% to $64.0 million, driven by strong demand for Used Serviceable Material and AerSafe products. The quarter saw only one engine sale versus one aircraft and four engines in Q1 2024. Asset Management revenue decreased to $39.2 million from $59.3 million, while TechOps revenue declined 15.1% to $26.6 million. The company ended Q1 with $48.9 million in liquidity, including $4.7 million in cash. Operating cash flow was negative $45.2 million due to inventory investments. Management remains confident about increased engine sales throughout 2025.

AerSale (NASDAQ: ASLE), a leading provider of aviation products and services, has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 financial results on Wednesday, May 7, 2025, after market close.

A conference call to discuss the results will be held the same day at 4:30 pm Eastern Time. Investors can join via phone using the following numbers:

• Domestic: 1-844-676-3010
• International: 1-412-634-6873

A live webcast will be available on the company's investor relations website. A replay will be accessible through May 21, 2025, using access code 10198572.

AerSale (NASDAQ: ASLE) has announced a significant share repurchase agreement to buy back approximately 6.428 million shares from Leonard Green & Partners at $7.00 per share, totaling $45 million. The transaction, expected to close around March 18, 2025, will reduce the company's outstanding share count by approximately 12%.

Concurrent with this announcement, Jonathan Seiffer will step down from the Board of Directors effective immediately. The share repurchase will be funded through available cash and the company's revolving credit facility, following an amendment to its credit agreement on March 14, 2025.

AerSale (ASLE) reported Q4 2024 revenue of $94.7 million, slightly up from $94.4 million in Q4 2023. The company achieved a GAAP net income of $2.7 million in Q4 2024, compared to a net loss of $2.7 million in the prior year period.

For full year 2024, revenue increased 3.2% to $345.1 million, with a GAAP net income of $5.9 million versus a net loss of $5.6 million in 2023. The company's Asset Management revenue remained stable at $215.5 million, while TechOps revenue grew 8.6% to $129.6 million.

Q4 2024 highlights include Adjusted EBITDA of $13.0 million, up from $6.0 million in Q4 2023, and flight equipment sales of six engines. The company ended 2024 with $142.8 million in liquidity, including $4.7 million in cash and $138.1 million available on their revolving credit facility.

AerSale (ASLE) has appointed Thomas Mullins to its Board of Directors, expanding the board to eight members. Mullins brings over 30 years of investment banking experience from Raymond James, where he was part of the founding team and developed the Airlines and Aviation Services practice, completing more than 55 transactions across The Americas and Europe.

As a lead banker, Mullins has overseen more than 140 transactions, particularly with middle market companies, and has extensive experience in M&A, IPOs, stock offerings, share repurchases, and debt issuance. CEO Nicolas Finazzo highlighted that Mullins' expertise will enhance AerSale's financial acumen, assist in optimizing capital structure, and help assess financial opportunities.

AerSale (NASDAQ: ASLE) has scheduled its fourth quarter and full year 2024 earnings release for Thursday, March 6, 2025, after market close. The company will host a conference call at 4:30 pm Eastern Time on the same day to discuss the results.

Investors can access the call through domestic (1-844-792-3727) or international (1-412-317-1888) numbers. A live webcast will be available on the company's investor relations website. A telephonic replay will be accessible until March 20, 2025, using domestic (1-844-512-2921) or international (1-412-317-6671) numbers with access code 10196136.

AerSale (NASDAQ: ASLE) has announced its participation in TD Cowen's 46th Annual Aerospace & Defense Conference. Chief Executive Officer Nicolas Finazzo will deliver a presentation on Wednesday, February 12, 2025 at 2:05 pm ET and will also host investor meetings.

The presentation will be accessible through a live webcast, available via a direct link or through the News and Events section of AerSale's Investor Relations website. A replay of the presentation will be made available on the company's Investor Relations website following the event.

AerSale (ASLE) reported Q3 2024 revenue of $82.7 million, down from $92.5 million in Q3 2023. The company posted a GAAP net income of $0.5 million compared to a net loss of $0.1 million in the prior year period. Flight equipment sales included five engines with no aircraft sales, versus seven engines and a Boeing 757 P2F conversion in Q3 2023. Excluding flight equipment sales, revenue grew 26% year-over-year to $60.1 million, driven by strong commercial demand and MRO activities. The company ended the quarter with $103.5 million in liquidity, including $9.8 million in cash.

AerSale (NASDAQ: ASLE) has scheduled its third quarter 2024 earnings release for Thursday, November 7, 2024, after market close. The company will host a conference call at 4:30 pm Eastern Time on the same day. Investors can join via phone using 1-800-225-9448 (US) or 1-203-518-9708 (international). A live webcast will be available on AerSale's investor relations website. A replay will be accessible until February 7, 2025, using 1-844-512-2921 (US) or 1-412-317-6671 (international) with access code 11157096.