NASDAQ$AIRS

AirSculpt Technologies Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported a strong first quarter with revenue and case growth, progress on new center openings, and reaffirmed 2023 guidance.

AirSculpt Technologies reported a strong first quarter with a 15.9% increase in revenue to $45.8 million and a 15.3% increase in cases to 3,640. The company also announced the opening of a flagship center in London and reaffirmed its full-year 2023 revenue and adjusted EBITDA guidance.

  • Cases increased 15.3% over the prior year period to 3,640.
  • Revenue increased 15.9% over the prior year to $45.8 million.
  • Diluted loss per share for the quarter was $(0.00).
  • Diluted adjusted net income per share for the quarter was $0.10.

Headline financials

Total Revenue

$45.8M

Previous: $39.5M+15.9%
EPS (adj)

$0.10

Previous: -$0.01+1100.0%
Revenue per Case

$12.6K

Previous: $12.5K+0.4%
Adjusted EBITDA

$10.7M

Previous: $9.79M+9.5%
Adj. EBITDA Margin

23.4%

Previous: 24.8%-5.6%
Capital Expenditures

-$3.82M

Previous: -$4.27M+10.7%
Free Cash Flow

-$3.83M

Previous: -$4.97M+22.9%
Net Income

-$14K

Previous: -$693K+98.0%
Operating Income

$1.76M

Previous: -$1.17M+250.5%
Gross Profit

-$18M

Previous: -$14.7M-22.9%
Cash & Equivalents

$11.3M

Previous: $27.2M-58.6%
Total Assets

$210M

Previous: $207M+1.1%

Revenue & EPS history

AirSculpt · Revenue · Quarterly

$45.8M

Q1 2023+15.9%vs Q1 2022
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

The Company continues to project full year 2023 revenue and adjusted EBITDA guidance as follows: •Revenues in a range of $187 to $192 million •Adjusted EBITDA in a range of $48 to $50 million

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 2023

Historical avgQ1 2023

-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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