OverviewSuggest Edit
AeroCentury Corp. is an aircraft operating lessor and finance company which specializes in leasing regional turboprop and jet aircraft and engines to regional air carriers. The Company's assets, which consist of a variety of aircraft and engines, are on lease to regional airlines and other commercial users in North America, Europe, Africa, Asia and Australia. AeroCentury utilizes triple net leases of three to five years in duration.
| Type | Public | |
| Founded | 1997 | |
| HQ | Burlingame, US | Map |
| Website | aerocentury.com |
Aerocentury Office Locations
Aerocentury has an office in Burlingame
Burlingame, US (HQ)
1440 Chapin Ave
Aerocentury Financials and Metrics
Aerocentury Revenue
Aerocentury's revenue was reported to be $43.60 m in FY, 2019
| USD | |
|---|---|
Revenue (FY, 2019) | 43.6m |
Net income (FY, 2019) | (16.7m) |
Market capitalization (26-May-2020) | 4.2m |
Closing stock price (26-May-2020) | 2.7 |
Cash (31-Dec-2019) | 2.4m |
EV | 113.9m |
Aerocentury's current market capitalization is $4.2 m.
Annual
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 6.8m | 6.2m | 6.8m | 7.5m | 7.1m | 12.8m | 7.2m | 6.9m | 8.0m | 7.9m | 6.6m | 8.6m | 9.4m | 7.8m | 6.2m | 7.3m | 7.4m | 8.0m | 8.1m | 8.3m | 7.9m | 7.8m | 5.1m | 7.6m | 7.2m | 24.0m |
General and administrative expense | 376.9k | 419.4k | 825.5k | 856.7k | 944.9k | |||||||||||||||||||||
Operating expense total | 376.9k | 419.4k | 825.5k | 856.7k | 944.9k | |||||||||||||||||||||
Depreciation and amortization | 1.8m | 1.9m | 2.0m | 1.7m | 2.3m | 2.3m | 2.3m | 2.1m | 1.9m | 2.3m | 2.9m | 2.9m | 3.2m | 2.9m | 3.2m | 3.0m | 3.0m |
Annual
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.5m | 1.3m | 1.7m | 3.2m | 4.8m | 2.4m | 7.6m | 5.1m | 4.9m | 5.9m | 2.6m | 1.9m | 3.2m | 2.4m | 2.9m | 2.2m | 3.6m | 2.8m | 4.2m | 6.5m | 4.8m | 4.4m | 6.8m | 8.0m | 3.4m | 2.1m |
Accounts Receivable | 4.0m | 3.2m | 3.5m | 3.3m | 3.4m | 2.8m | 2.9m | 2.1m | 2.5m | 2.8m | 2.7m | 2.5m | 3.2m | 3.3m | 6.2m | 3.2m | 3.7m | 4.7m | 6.2m | 4.0m | 3.2m | 3.2m | 3.2m | 5.1m | 5.6m | 1.4m |
Prepaid Expenses | 2.3m | 1.5m | 2.5m | 2.0m | 2.1m | 3.2m | 2.9m | 3.2m | 3.6m | 5.0m | 4.3m | 324.4k | 276.1k | 214.7k | 320.9k | 1.3m | 289.7k | 372.1k | 925.5k | 371.9k | 1.7m | 312.7k | 353.5k | 365.3k | 286.4k | 453.5k |
PP&E | 68.5k | 66.6k | 64.7k |
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (1.5m) | 5.2m | 3.2m | (11.3m) | 6.4m | 1.2m | 7.4m | (8.1m) | (16.7m) |
Depreciation and Amortization | 5.6m | 6.1m | 7.3m | 7.3m | 9.1m | 9.1m | 12.0m | 12.6m | 11.6m |
Accounts Payable | (194.4k) | 741.0k | (40.3k) | (132.4k) | (359.5k) | (152.4k) | (572.0k) | 1.8m | (277.3k) |
Cash From Operating Activities | 2.9m | 24.9m | 6.9m | 5.2m | 10.6m | 11.3m | 14.6m | 17.9m | 8.2m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (2.4m) | (2.7m) | 1.3m | 2.3m | 3.4m | 4.1m | 5.0m | |||||||||||||||||||
Depreciation and Amortization | 2.7m | 4.1m | 1.5m | 3.0m | 4.5m | 1.7m | 3.5m | |||||||||||||||||||
Cash From Operating Activities | (404.9k) | (400.5k) | 3.6m | 8.5m | 13.0m | 3.2m | 5.4m | 7.2m | 4.8m | 5.0m | 3.5m | 3.0m | 5.6m | 9.4m | 5.5m | 8.1m | 10.8m | 4.3m | 8.7m | 13.4m | 4.6m | 11.2m | 14.5m | 4.0m | 6.4m | 8.1m |
Purchases of PP&E | (356.2k) | (2.4m) | (32.1m) |
| USD | Y, 2019 |
|---|---|
EV/CFO | 13.9 x |
Financial Leverage | 6.4 x |
Aerocentury Online and Social Media Presence
Aerocentury's Trends
Aerocentury News and Updates
March 30, 2020
AeroCentury Corp. Reports Fourth Quarter 2019 and Fiscal Year 2019 Results
BURLINGAME, Calif., March 30, 2020 (GLOBE NEWSWIRE) -- AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), an independent aircraft leasing company, today reported a fourth quarter 2019 net loss of $7.0 million, or ($4.55) per share, compared to a net loss of $3.8 million, or (…
February 04, 2020
AeroCentury Corp. Announces Portfolio Updates
BURLINGAME, Calif., Feb. 04, 2020 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE American: ACY) (the “Company”), an independent aircraft leasing company, announced three recent sales of turboprop aircraft, consummated in furtherance of its ongoing objective of refreshing its portfolio by lowering the…
November 19, 2019
AeroCentury Corp. Announces Sale of Aircraft
BURLINGAME, Calif., Nov. 18, 2019 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE American: ACY) (the “Company”), an independent aircraft leasing company, today announced that it has sold one Bombardier CRJ900 to Aeronautical Support International LLC (“ASI Aero”), an aircraft and aircraft engine comp…
November 14, 2019
AeroCentury Corp. Reports Third Quarter 2019 Results
BURLINGAME, Calif., Nov. 14, 2019 (GLOBE NEWSWIRE) -- AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), an independent aircraft leasing company, today reported a third quarter 2019 net loss of $8.2 million, or $(5.32) per share, compared to a net loss of $4.5 million, or $(3…
October 05, 2019
AeroCentury Corp. Announces Aircraft Repossessions
BURLINGAME, Calif., Oct. 04, 2019 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE American: ACY) (the “Company”), an independent aircraft leasing company released an update on the status of its four CRJ-900 aircraft that were on lease to Adria Airways in Slovenia.
September 24, 2019
AeroCentury Corp. Announces Lease Terminations
BURLINGAME, Calif., Sept. 23, 2019 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE American: ACY) (the “Company”), an independent aircraft leasing company, today reported the termination of several leases with one of its customers.
Aerocentury Frequently Asked Questions
When was Aerocentury founded?
Aerocentury was founded in 1997.
How many employees does Aerocentury have?
Aerocentury has 11 employees.
What is Aerocentury revenue?
Latest Aerocentury annual revenue is $43.6 m.
What is Aerocentury revenue per employee?
Latest Aerocentury revenue per employee is $4 m.
Who are Aerocentury competitors?
Competitors of Aerocentury include STS Aviation Group, ITS Infinity Trading and Lufthansa.
Where is Aerocentury headquarters?
Aerocentury headquarters is located at 1440 Chapin Ave, Burlingame.
Where are Aerocentury offices?
Aerocentury has an office in Burlingame.
How many offices does Aerocentury have?
Aerocentury has 1 office.
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