WLFCWillis Lease Finance Corporation

$1B

Q4 2018 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$118M+87.0% YoY

Gross Profit

$66M56.2% margin

Operating Income

$20M16.6% margin

Net Income

$18M15.3% margin

EPS (Diluted)

$2.91

QoQ Revenue Growth

+51.6%

Cash Flow

Operating Cash Flow

$88M

Free Cash Flow

-$35M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.6B

Stockholders' Equity

$287M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$118M	$63M	+87.0%
Gross Profit	$66M	$35M	+91.9%
Operating Income	$20M	$2M	+835.3%
Net Income	$18M	$43M	-57.6%

Revenue Segments

Spare Parts And Equipment Sales

$49M98%

Managed Services

$1M2%

Other Revenue

$19,0000%

WLFC Q4 2018 Earnings — Willis Lease Finance Corporation Revenue & Financial Results | Market Cap Arena