FTAIFTAI Aviation Ltd.

$28B

Q3 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$295M+26.2% YoY

Gross Profit

$102M34.6% margin

Operating Income

$89M30.2% margin

Net Income

$41M14.0% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

-$134M

Stock-Based Comp.

$510,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.5B

Stockholders' Equity

$95M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$295M	$234M	+26.2%
Gross Profit	$102M	$72M	+41.5%
Operating Income	$89M	$69M	+29.3%
Net Income	$41M	-$16M	+357.2%

Revenue Segments

Manufactured Product, Other

$73M40%

Maintenance

$64M35%

Equipment Lease income

$46M25%

Product and Service, Other

$1M1%

Geographic Segments

North America

$122M42%

Europe

$92M31%

Asia

$60M21%

South America

$17M6%

Africa

$154,0000%

FTAI Q3 2023 Earnings — FTAI Aviation Ltd. Revenue & Financial Results | Market Cap Arena