NASDAQ$AIRS

AirSculpt Technologies Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

AirSculpt Technologies, Inc. reported results for the second quarter ended June 30, 2022

AirSculpt Technologies reported a revenue increase of 42.0% year-over-year to $49.7 million. Case volume increased by 22.5% and same-center revenue grew by 20.4%. Net income for the quarter was $0.6 million. The Board of Directors declared a $0.41 per share special cash dividend.

  • Revenue increased 42.0% from prior year period to $49.7 million
  • Strong same-center revenue growth of 20.4%
  • Robust cash flow from operations of $10.4 million
  • Expect to open four de novo centers per year

Headline financials

Total Revenue

$49.7M

Previous: $35M+42.0%
EPS (adj)

$0.01

Previous: $0.18-94.5%
Revenue per Case

$13.5K

No prior period
Adjusted EBITDA

$15.2M

Previous: $14.2M+7.1%
Adj. EBITDA Margin

30.7%

Previous: 40.6%-24.4%
Same-Center Cases

3.2K

Previous: 3.0K+4.7%
Capital Expenditures

-$6.14M

No prior period
Free Cash Flow

-$5.56M

No prior period
Net Income

$583K

Previous: $10M-94.2%
Operating Income

$3.96M

Previous: $11.2M-64.6%
Gross Profit

-$17.5M

Previous: $23.7M-173.7%
Cash & Equivalents

$35.3M

No prior period
Total Assets

$219M

No prior period
Stock-Based Comp

$7.28M

No prior period

Revenue & EPS history

AirSculpt · Revenue · Quarterly

$49.7M

Q2 2022+42%vs Q2 2021
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

The Company is reiterating its revenue outlook of $175-179 million and its Adjusted EBITDA guidance in the range of $58 - $60 million. The Company has opened two centers in 2022 and anticipates opening two additional centers 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 Q2 2022

Historical avgQ2 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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