AerSale Corp

For the period ended Mar 31, 2024. Filed May 9, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 9, 2024

ASLE$5.18+2.4%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations (Unaudited)

Condensed Consolidated Statements of Operations

(in thousands, except per share data)


	Three Months Ended March 31,
	2024		2023
Revenue:
Products		$61,610			$45,495
Leasing		3,082			5,622
Services		25,848			27,154
Total revenue		90,540			78,271
Cost of sales and operating expenses:
Cost of products		39,619			31,548
Cost of leasing		1,193			1,123
Cost of services		20,932			21,209
Total cost of sales		61,744			53,880
Gross profit		28,796			24,391
Selling, general, and administrative expenses		24,133			25,224
Income (loss) from operations		4,663			(833)
Other income (expenses):
Interest (expense) income, net		(935)			1,047
Other income, net		169			233
Change in fair value of warrant liability		1,979			(334)
Total other income		1,213			946
Income before income tax provision		5,876			113
Income tax benefit (expense)		401			(108)
Net income		$6,277			$5

Earnings per share:
Basic		$0.12		$	-
Diluted		$0.12		$	-
Weighted average shares outstanding:
Basic		52,991,506			51,206,226
Diluted		53,247,979			52,958,555

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.