AerSale Corporation (ASLE) Financial Statements (2025 and earlier)

Company Profile

Business Address 9850 NW 41 STREET
DORAL, FL 33178
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 508 - Machinery, Equipment, And Supplies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,873147,188130,18829,317319
Cash and cash equivalents5,873147,188130,18829,317319
Receivables31,88927,79941,67949,652135
Inventory, net of allowances, customer advances and progress billings, including:177,770117,48881,75985,192 
Inventory329,168183,530159,293140,655 
Other undisclosed inventory, net of allowances, customer advances and progress billings (151,398)(66,042)(77,534)(55,463) 
Prepaid expense     74
Advances on inventory purchases28,63827,58514,2876,205 
Other undisclosed current assets20,60413,4963,6168,597 
Total current assets:264,774333,556271,529178,964528
Noncurrent Assets
Inventory, Noncurrent151,39866,04277,53455,463 
Operating lease, right-of-use asset27,51931,62473,36486,844 
Property, plant and equipment27,69212,6387,3507,839 
Long-term investments and receivables    5,450 
Due from related parties✕✕  5,450 
Intangible assets, net (including goodwill)53,50257,75446,11448,224 
Goodwill19,86019,86019,86019,860 
Intangible assets, net (excluding goodwill)33,64237,89426,25428,364 
Deferred income tax assets12,20311,28710,0135,708 
Other noncurrent assets     
Other undisclosed noncurrent assets16,85018,6781,581638176,626
Total noncurrent assets:289,164198,023215,956210,166176,626
TOTAL ASSETS:553,938531,579487,485389,130177,154
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:35,37729,97431,83426,265505
Taxes payable✕✕✕3,4431,324 
Accounts payable29,89921,13119,96716,364 
Accrued liabilities5,4788,8438,4248,577 
Other undisclosed accounts payable and accrued liabilities     505
Deferred revenue2,9981,3552,8602,595 
Debt1,278    
Other undisclosed current liabilities6,06021,51133,2122,820 
Total current liabilities:45,71352,84067,90631,680505
Noncurrent Liabilities
Long-term debt and lease obligation36,281    
Long-term debt, excluding current maturities36,281    
Liabilities, other than long-term debt24,54329,1036,5694,809 
Deferred income tax liabilities   1,113  
Lease deposit liability1021522,0531,145 
Other liabilities646683,4033,664 
Operating lease, liability24,37728,283   
Other undisclosed noncurrent liabilities2,3864,6564,131  
Total noncurrent liabilities:63,21033,75910,7004,809 
Total liabilities:108,92386,59978,60636,489505
Equity
Equity, attributable to parent445,015444,980408,879352,6415,000
Common stock55541
Additional paid in capital311,739306,141313,901293,3904,036
Retained earnings133,271138,83494,97359,247963
Total equity:445,015444,980408,879352,6415,000
Other undisclosed liabilities and equity     171,649
TOTAL LIABILITIES AND EQUITY:553,938531,579487,485389,130177,154

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues334,503408,544340,437208,938 
Cost of revenue(242,082)(257,150)(221,045)(156,149) 
Cost of goods and services sold(1,507)(2,376)(6,942)(24,244) 
Gross profit:92,421151,394119,39252,789 
Operating expenses(103,191)(96,348)(77,498)(55,635)(1,574)
Other undisclosed operating income  14,76814,128 
Operating income (loss):(10,770)55,04656,66211,283(1,574)
Nonoperating income (expense)3,0912,836(8,888)(1,151)3,165
Investment income, nonoperating   (5,421) 3,165
Other nonoperating income6662,268458494 
Interest and debt expense (733)  (740) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   740 
Income (loss) from continuing operations before equity method investments, income taxes:(8,412)57,88247,77410,1321,591
Other undisclosed income from continuing operations before income taxes733    
Income (loss) from continuing operations before income taxes:(7,679)57,88247,77410,1321,591
Income tax expense (benefit)2,116(14,021)(11,659)(1,650)(628)
Income (loss) from continuing operations:(5,563)43,86136,1158,483964
Income before gain (loss) on sale of properties:✕✕✕36,1158,483964
Other undisclosed net income     1,391
Net income (loss):(5,563)43,86136,1158,4832,355
Other undisclosed net loss attributable to parent     (1,391)
Net income (loss) attributable to parent:(5,563)43,86136,1158,483964
Other undisclosed net loss available to common stockholders, basic(2,270)    
Net income (loss) available to common stockholders, basic:(7,833)43,86136,1158,483964
Other undisclosed net income available to common stockholders, diluted     
Net income (loss) available to common stockholders, diluted:(7,833)43,86136,1158,483964

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):(5,563)43,86136,1158,4832,355
Comprehensive income (loss), net of tax, attributable to parent:(5,563)43,86136,1158,4832,355

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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