NASDAQ$AIRS

AirSculpt Technologies Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported a revenue increase of 51.3% and cases increased 31.1% compared to the prior year period.

AirSculpt Technologies, Inc. announced strong first-quarter results, with revenue increasing by 51.3% to $39.5 million and case volume growing by 31.1%. The company is increasing its full-year revenue outlook to $175-$179 million.

  • Cases increased 31.1% from prior year period to 3,156 cases
  • Revenue increased 51.3% from prior year period to $39.5 million
  • Same-center cases increased 12.2% from the prior year period
  • Net loss was $(0.7) million

Headline financials

Total Revenue

$39.5M

Previous: $26.1M+51.3%
EPS (adj)

-$0.01

Previous: $0.12-108.4%
Revenue per Case

$12.5K

Previous: $10.9K+15.4%
Adjusted EBITDA

$9.79M

Previous: $9.57M+2.3%
Adj. EBITDA Margin

24.8%

Previous: 36.6%-32.2%
Same-Center Case Growth

12.2%

No prior period
Same-Center Rev/Case Growth

14.6%

No prior period
Capital Expenditures

-$4.27M

No prior period
Free Cash Flow

-$4.97M

No prior period
Net Income

-$693K

Previous: $6.62M-110.5%
Operating Income

-$1.17M

Previous: $7.21M-116.2%
Gross Profit

-$14.7M

Previous: $17.4M-184.5%
Cash & Equivalents

$27.2M

No prior period
Total Assets

$207M

No prior period
Stock-Based Comp

$7.32M

No prior period

Revenue & EPS history

AirSculpt · Revenue · Quarterly

$39.5M

Q1 2022+51.3%vs Q1 2021
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Forward guidance

The Company is increasing its revenue outlook to $175-179 million while maintaining its Adjusted EBITDA guidance in the range of $58 - $60 million. The Company continues to expect the opening of four new centers during the year. One center opened in the first quarter, one center is expected to open in late second quarter, and the remaining two in the second half of the year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-2.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+3.3%

Avg return

30 days after

32%

6 / 19 earnings

Positive

+40.5%

Q1 2023

Best reaction

-41.8%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.4%-6.3%
Q1 2026+11.6%+34.7%+47.4%
Q3 2025-41.8%-41.8%-71.0%
Q2 2025-10.5%-7.0%-2.4%
Q1 2025+32.5%+13.3%+95.1%
Q4 2024-2.7%+1.7%-38.1%
Q3 2024+15.9%+3.1%-9.9%
Q2 2024-12.9%-4.8%-8.6%
Q1 2024-13.4%-17.3%-20.0%
Q4 2023-4.1%-0.5%-2.7%
Q3 2023-9.7%-9.4%-4.9%
Q2 2023-1.8%+0.5%-6.2%
Q1 2023+40.5%+49.1%+63.8%
Q4 2022-18.6%-12.1%-17.7%
Q3 2022-27.9%-32.1%-29.2%
Q2 2022+20.6%+19.4%+4.2%
Q1 2022-12.1%-10.4%-3.0%
Q4 2021-10.9%-2.6%-1.1%
Q3 2021+5.4%+24.4%+64.3%
Q2 2021
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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