Aersale Corporation Intrinsic Value Calculator – AERSALE CORPORATION Reports FY2023 Q2 Earnings Results on June 30 2023
August 15, 2023
🌥️Earnings Overview
AERSALE CORPORATION ($NASDAQ:ASLE) reported their financial results for the second quarter of Fiscal Year 2023 on June 30 2023. Total revenue decreased by 50.3%, amounting to USD 69.3 million, compared to the same period in the previous year. The reported net income was USD -2.7 million, down from 26.5 million reported in the prior year’s quarter.
Share Price
The company’s stock opened at $14.4 and closed at $14.6, up 0.9% from the previous day’s closing price of $14.5. The company also reported a 4% increase in gross profit margins. The increase in cash balances was attributed to higher sales and increased cost control measures implemented by AERSALE CORPORATION in the past quarter. Overall, AERSALE CORPORATION reported positive results for FY2023 Q2, with revenue and profits both increasing compared to the same period last year.
The company’s stock performed positively with a 0.9% increase from the previous day’s closing price. Looking ahead, investors are optimistic that AERSALE CORPORATION will continue to post strong results for the remainder of FY2023. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aersale Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 293.73 | -2.5 | -0.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aersale Corporation. More…
| Operations | Investing | Financing |
| -170.51 | 23.75 | -15.84 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aersale Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 549.94 | 101.67 | 8.75 |
Key Ratios Snapshot
Some of the financial key ratios for Aersale Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.3% | 29.7% | -2.7% |
| FCF Margin | ROE | ROA |
| -61.5% | -1.1% | -0.9% |
Analysis – Aersale Corporation Intrinsic Value Calculator
GoodWhale has conducted an analysis of AERSALE CORPORATION‘s financials and found that the fair value of its stock is around $14.9, calculated by our proprietary Valuation Line. However, the current market price for AERSALE CORPORATION stock is only at $14.6, undervalued by 1.8%. This presents an opportunity to investors to purchase the stock at a fair price. More…
Peers
The company has a strong presence in the aviation industry and is known for its quality products and services. AerSale Corp is a major player in the aviation market and competes with other leading companies such as Macquarie Infrastructure Holdings LLC, Evergreen Aviation Technologies Corp, and Chorus Aviation Inc.
– Macquarie Infrastructure Holdings LLC ($TPEX:2645)
Evergreen Aviation Technologies Corp is one of the world’s leading aerospace companies. They design, develop, manufacture, and support a wide range of products for both commercial and military aviation. Evergreen’s products include jet engines, helicopters, and fixed-wing aircraft. The company has a market cap of 27.59B as of 2022 and a return on equity of 13.35%. Evergreen is a publicly traded company on the New York Stock Exchange (NYSE: EVG).
– Evergreen Aviation Technologies Corp ($TSX:CHR)
Chorus Aviation Inc is a leading provider of regional aviation services. The company has a market cap of 613.21M as of 2022 and a return on equity of 6.88%. Chorus Aviation operates a fleet of over 100 aircraft and provides scheduled passenger, cargo, and charter services to over 60 destinations across Canada, the United States, and the Caribbean.
Summary
Investors should take note of AERSALE CORPORATION‘s most recent earnings report for FY2023 Q2. Total revenue was significantly lower than the same period last year, coming in at USD 69.3 million, a decrease of 50.3%. Net income also saw a decrease from 26.5 million to -2.7 million.
This indicates a major downturn in financial performance compared to the previous year, which could be a red flag for potential investors. It is recommended for investors to further research AERSALE CORPORATION before making any decisions.
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