AerSale CorpASLE

NasdaqIndustrialsWholesale-Machinery, Equipment & Supplies
Price (close)
$5.40
Market cap
$257.5M
P/E
—
Revenue (TTM)
$303.7M
Net income
-$3.7M
Dividend yield
—
1-year total return
-35.2%
Net margin
-1.2%
Revenue growth
-13.4%
Debt / equity
0.35x

What AerSale Corp does.

Monocle Acquisition Corporation (“Monocle”) was initially formed as a Delaware corporation on August 20, 2018 for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses.

On December 22, 2020, Monocle consummated the previously announced business combination pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated September 8, 2020 (the “Merger Agreement”) by and among Monocle, the Company, AerSale Aviation, Inc. (f/k/a AerSale Corp.), a Delaware corporation (“AerSale Aviation”), Monocle Merger Sub 1 Inc., a Delaware corporation (“Merger Sub 1”), Monocle Merger Sub 2 LLC, a Delaware limited liability company (“Merger Sub 2”), and Leonard Green & Partners, L.P., a Delaware limited partnership, solely in its capacity as the initial Holder Representative (as defined in the Merger Agreement). The transactions contemplated by the Merger Agreement are referred to herein as the “Merger” or the “Business Combination” and in connection therewith, Monocle merged with and into us, whereby we survived the merger and became the successor issuer to Monocle by operation of Rule 12g-3 under the Exchange Act.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$208.9M$340.4M$408.5M$334.5M$345.1M$335.3M
Net income$8.1M$36.1M$43.9M-$5.6M$5.9M$8.6M
Free cash flow-$14.4M$77.6M-$8.6M-$185.5M-$2.9M-$29.1M

More on ASLE.

Figures from AerSale Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.