AerSale Corporation (ASLE) Reports Q4 Revenues Beat; Offers FY21 Revenues Guidance Above Consensus

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Go back to AerSale Corporation (ASLE) Reports Q4 Revenues Beat; Offers FY21 Revenues Guidance Above Consensus

AerSale Reports Fourth Quarter and Full Year 2020 Results

March 15, 2021 4:36 PM EDT

2020 Highlights

Full year 2020 revenue of $208.9 million. Full year 2020 GAAP net income of $8.5 million, or 4.1% of sales. Adjusted EBITDA of $51.9 million or 24.8% of sales for full year 2020. Achieved significant progress towards obtaining FAA certification of our AerAware product and initiated discussions with potential launch customer. 2021 guidance: expects revenue in the range of $340 - $360 million and adjusted EBITDA in the range of $60 - $70 million1.

MIAMI--(BUSINESS WIRE)-- AerSale Corporation (Nasdaq: ASLE) (the Company) today reported results for the fourth quarter and full year ended December 31,... More