NASDAQ$ASLE
AerSale Corporation · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported revenue increase driven by MRO services and flight equipment sales, with net income and adjusted EBITDA significantly up year-over-year.
AerSale Corporation reported a strong first quarter in 2021, marked by increased revenue, net income, and adjusted EBITDA. Revenue reached $58.4 million, including $13.8 million from flight equipment sales. Net income rose to $10.0 million, and adjusted EBITDA increased to $16.5 million, reflecting stronger margins from sales mix and cost reduction efforts.
- Revenue increased to $58.4 million, including $13.8 million from flight equipment sales.
- GAAP net income rose to $10.0 million, or 17.1% of sales, up from $1.1 million, or 1.9% of sales, in the first quarter of 2020.
- Adjusted EBITDA increased to $16.5 million, or 28.3% of sales, compared to $9.8 million, or 17.2% of sales in the first quarter of 2020.
- The company expects continued growth driven by strong MRO volume, sales from its Boeing 757 procurement program, contributions from its AerAware product launch, and the gradual recovery of commercial markets.
Headline financials
Revenue & EPS history
AerSale · Revenue · Quarterly
$58.4M
Revenue by segment
AerSale · $49.4M total across 2 segments · Q4 2020
- Technical Operations$32M—64.8%
- Asset Management Solutions$17.4M-82.3%35.2%
Forward guidance
AerSale expects revenue of $340–$360 million and adjusted EBITDA of $60-$70 million in 2021.
Tailwinds
- Increase in activity in the Company’s AMS segment.
- Strong demand for its on-airport MRO services.
- Accelerating demand in cargo and E-Commerce markets.
- Increased requests for passenger-to-freighter conversions
- Increased requests for other TechOps products and services.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
-4.0%
Avg return
Earnings day
-3.0%
Avg return
5 days after
-1.7%
Avg return
30 days after
43%
12 / 28 earnings
Positive
+16.5%
Q4 2024
Best reaction
-24.5%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -10.6% | -11.7% | — | |
| Q4 2025 | -11.7% | -12.0% | -15.7% | |
| Q3 2025 | -11.9% | -14.4% | -5.2% | |
| Q1 2025 | -12.7% | -13.4% | -17.2% | |
| Q4 2024 | +16.5% | +15.6% | -4.0% | |
| Q3 2024 | -7.7% | -5.4% | +4.0% | |
| Q2 2024 | -9.7% | -12.5% | -14.9% | |
| Q1 2024 | +10.0% | +4.7% | -6.4% | |
| Q4 2023 | -24.0% | -22.0% | -23.0% | |
| Q3 2023 | -13.1% | -12.4% | -3.4% | |
| Q2 2023 | -24.5% | -24.1% | +7.7% | |
| Q1 2023 | -4.0% | -4.4% | -7.4% | |
| Q4 2022 | -15.1% | -19.7% | -19.2% | |
| Q3 2022 | -7.3% | -4.8% | -15.0% | |
| Q2 2022 | +11.2% | +13.0% | +18.9% | |
| Q1 2022 | -2.0% | -1.4% | +4.6% | |
| Q4 2021 | +2.5% | +11.0% | +6.2% | |
| Q3 2021 | -19.2% | -17.6% | -16.8% | |
| Q2 2021 | +4.1% | +18.8% | +22.7% | |
| Q1 2021 | -2.0% | -3.5% | -2.3% | |
| Q4 2020 | +16.3% | +25.5% | +25.4% | |
| Q3 2020 | +2.1% | +8.2% | +17.9% | |
| Q2 2020 | +0.7% | -0.3% | -0.6% | |
| Q1 2020 | +0.0% | +0.0% | +1.4% | |
| Q4 2018 | +0.2% | +0.0% | -1.0% | |
| Q4 2019 | +0.2% | +0.0% | -1.0% | |
| Q2 2019 | -0.7% | -1.0% | -1.4% | |
| Q1 2019 | +0.0% | +0.2% | +0.3% |
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