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.

TypePublic
Founded1997
HQBurlingame, US
Websiteaerocentury.com

Latest Updates

Employees (est.) (Dec 2018)11
Revenue (FY, 2019)$43.6 M(+61%)
Share Price (May 2020)$2.7 (-11%)

Aerocentury Office Locations

Aerocentury has an office in Burlingame
Burlingame, US (HQ)
1440 Chapin Ave
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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
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

24.6m29.4m32.2m28.7m38.5m28.7m35.6m27.1m43.6m

Revenue growth, %

(11%)34%(25%)

Sales and marketing expense

4.4m3.9m5.6m5.2m

General and administrative expense

8.8m7.5m4.7m3.3m2.3m4.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

6.8m6.2m6.8m7.5m7.1m12.8m7.2m6.9m8.0m7.9m6.6m8.6m9.4m7.8m6.2m7.3m7.4m8.0m8.1m8.3m7.9m7.8m5.1m7.6m7.2m24.0m

General and administrative expense

376.9k419.4k825.5k856.7k944.9k

Operating expense total

376.9k419.4k825.5k856.7k944.9k

Depreciation and amortization

1.8m1.9m2.0m1.7m2.3m2.3m2.3m2.1m1.9m2.3m2.9m2.9m3.2m2.9m3.2m3.0m3.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

995.5k1.6m2.1m1.8m2.7m2.2m8.7m1.5m2.4m

Accounts Receivable

2.9m3.2m3.3m2.1m5.7m4.0m3.8m4.0m1.1m

Prepaid Expenses

1.4m1.7m3.6m4.5m228.4k301.3k840.1k292.8k

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.5m1.3m1.7m3.2m4.8m2.4m7.6m5.1m4.9m5.9m2.6m1.9m3.2m2.4m2.9m2.2m3.6m2.8m4.2m6.5m4.8m4.4m6.8m8.0m3.4m2.1m

Accounts Receivable

4.0m3.2m3.5m3.3m3.4m2.8m2.9m2.1m2.5m2.8m2.7m2.5m3.2m3.3m6.2m3.2m3.7m4.7m6.2m4.0m3.2m3.2m3.2m5.1m5.6m1.4m

Prepaid Expenses

2.3m1.5m2.5m2.0m2.1m3.2m2.9m3.2m3.6m5.0m4.3m324.4k276.1k214.7k320.9k1.3m289.7k372.1k925.5k371.9k1.7m312.7k353.5k365.3k286.4k453.5k

PP&E

68.5k66.6k64.7k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(1.5m)5.2m3.2m(11.3m)6.4m1.2m7.4m(8.1m)(16.7m)

Depreciation and Amortization

5.6m6.1m7.3m7.3m9.1m9.1m12.0m12.6m11.6m

Accounts Payable

(194.4k)741.0k(40.3k)(132.4k)(359.5k)(152.4k)(572.0k)1.8m(277.3k)

Cash From Operating Activities

2.9m24.9m6.9m5.2m10.6m11.3m14.6m17.9m8.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(2.4m)(2.7m)1.3m2.3m3.4m4.1m5.0m

Depreciation and Amortization

2.7m4.1m1.5m3.0m4.5m1.7m3.5m

Cash From Operating Activities

(404.9k)(400.5k)3.6m8.5m13.0m3.2m5.4m7.2m4.8m5.0m3.5m3.0m5.6m9.4m5.5m8.1m10.8m4.3m8.7m13.4m4.6m11.2m14.5m4.0m6.4m8.1m

Purchases of PP&E

(356.2k)(2.4m)(32.1m)
USDY, 2019

EV/CFO

13.9 x

Financial Leverage

6.4 x
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Aerocentury Online and Social Media Presence

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Aerocentury News and Updates

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 (…

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…

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…

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…

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.

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.
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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.