AerSale Corp
For the period ended May 7, 2025. Filed May 7, 2025.
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May 7, 2025 · Filed May 7, 2025
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ASLE$4.59-4.8%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except per share data)
(in thousands, except per share data)
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| | | Three Months ended March 31, | ||||||
| | | | | % of Total | | | | % of Total |
| | | 2025 | | Revenue | | 2024 | | Revenue |
| Reported Net Income (Loss) | | $ (5,277) | | (8.0%) | | $ 6,277 | | 6.9% |
| Addbacks: | | | | | | | | |
| Change in fair value of warrant liability | | 57 | | 0.1% | | (1,979) | | (2.2%) |
| Stock compensation | | 1,160 | | 1.8% | | 799 | | 0.9% |
| Payroll taxes related to stock-based compensation | | 18 | | 0.0% | | 36 | | 0.0% |
| Secondary offering costs | | - | | 0.0% | | 55 | | 0.1% |
| Facility relocation costs | | 358 | | 0.5% | | 460 | | 0.5% |
| Restructuring costs | | 1,054 | | 1.6% | | - | | 0.0% |
| Legal settlement | | 400 | | 0.6% | | - | | 0.0% |
| Income tax effect of adjusting items (1) | | (435) | | (0.7%) | | (124) | | (0.1%) |
| Adjusted Net Income | | (2,665) | | (4.1%) | | 5,524 | | 6.1% |
| Interest Expense | | 1,181 | | 1.8% | | 935 | | 1.0% |
| Income Tax Expense (Benefit) | | (720) | | (1.1%) | | (401) | | (0.4)% |
| Depreciation and Amortization | | 4,943 | | 7.5% | | 2,779 | | 3.1% |
| Reversal of Income Tax Effect of Adjusting Items (1) | | 435 | | 0.7% | | 124 | | 0.1% |
| Adjusted EBITDA | | $ 3,174 | | 4.8% | | $ 8,961 | | 9.9% |
| | | | | | | | | |
| Reported Basic earnings (loss) per share | | ($ 0.10) | | | | $ 0.12 | | |
| Addbacks: | | | | | | | | |
| Change in fair value of warrant liability | | 0.00 | | | | (0.04) | | |
| Stock-based compensation | | 0.02 | | | | 0.02 | | |
| Payroll taxes related to stock-based compensation | | 0.00 | | | | 0.00 | | |
| Secondary Offering Costs | | - | | | | 0.00 | | |
| Facility Relocation Costs | | 0.01 | | | | 0.01 | | |
| Restructuring costs | | 0.02 | | | | - | | |
| Legal Settlement | | 0.01 | | | | - | | |
| Income Tax Effect of Adjusting Items | | (0.01) | | | | (0.00) | | |
| Adjusted Basic earnings per share | | ($ 0.05) | | | | $ 0.07 | | |
| | | | | | | | | |
| Reported Diluted earnings (loss) per share | | ($ 0.10) | | | | $ 0.12 | | |
| Addbacks: | | | | | | | | |
| Change in FV of warrant liability | | (0.05) | | | | 0.07 | | |
| Stock-based compensation | | 0.02 | | | | 0.02 | | |
| Payroll taxes related to stock-based compensation | | 0.00 | | | | 0.00 | | |
| Secondary Offering Costs | | - | | | | 0.00 | | |
| Facility Relocation Costs | | 0.01 | | | | 0.01 | | |
| Restructuring costs | | 0.02 | | | | - | | |
| Legal Settlement | | 0.01 | | | | - | | |
| Income Tax Effect of Adjusting Items | | (0.01) | | | | (0.00) | | |
| Adjusted Diluted earnings per share | | ($ 0.05) | | | | $ 0.11 | | |
(1) The income tax effect of current period adjusting items is calculated at the Company's applicable statutory rate of 24% after considering federal and state tax rates.
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