View ValuationWillis Lease Finance 향후 성장Future 기준 점검 0/6Willis Lease Finance의 수익이 증가할 것으로 예상됨입니다. 주당 순이익은 증가 연간 4%할 것으로 예상됩니다.핵심 정보n/a이익 성장률4.01%EPS 성장률Trade Distributors 이익 성장15.4%매출 성장률4.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트Price Target Changed • May 20Price target increased by 41% to US$226Up from US$160, the current price target is provided by 1 analyst. New target price is 26% above last closing price of US$179. Stock is up 35% over the past year. The company is forecast to post earnings per share of US$12.57 for next year compared to US$16.00 last year.분석 기사 • Nov 08Willis Lease Finance Corporation Just Beat Revenue Estimates By 18%Willis Lease Finance Corporation ( NASDAQ:WLFC ) just released its latest quarterly results and things are looking...모든 업데이트 보기Recent updates분석 기사 • Aug 12Some Investors May Be Willing To Look Past Willis Lease Finance's (NASDAQ:WLFC) Soft EarningsThe most recent earnings report from Willis Lease Finance Corporation ( NASDAQ:WLFC ) was disappointing for...Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$55.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Trade Distributors industry in the US. Total returns to shareholders of 280% over the past three years.Seeking Alpha • Aug 08Willis Lease Finance: A Rough Road AheadSummary Willis's Q2 results have shown us a demand softening, which caused maintenance reserves to decline and the utilization rate to drop from 87% to 85% YoY. The management fees segment grew significantly by 113%, but given that the firm still accrues most of its revenue from the leasing business, we still need to value against PB. The current PB ratio is widely higher than the 5-year historical level; while this is a true reflection of the current market dynamics, it leaves no margin of safety. Read the full article on Seeking AlphaReported Earnings • Aug 04Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$1.36 (down from US$2.90 in 2Q 2025). Revenue: US$194.0m (up 1.1% from 2Q 2025). Net income: US$28.7m (down 51% from 2Q 2025). Profit margin: 15% (down from 31% in 2Q 2025). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Aug 04First quarter dividend of US$0.13 announcedShareholders will receive a dividend of US$0.13. Ex-date: 11th August 2026 Payment date: 21st August 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (8% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 26% per year over the past 2 years and payments have been stable during that time. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range.공고 • Jul 30Willis Lease Finance Corporation Declares Third Quarter 2026 Dividend, Payable on August 21, 2026Willis Lease Finance Corporation announced the Company’s quarterly dividend of $0.133 per share of common stock outstanding, adjusted due to the Company’s 3-for-1 stock split earlier in the month. The dividend is expected to be paid on August 21, 2026, to stockholders of record at the close of business on August 11, 2026.공고 • Jul 21Willis Lease Finance Corporation to Report Q2, 2026 Results on Aug 04, 2026Willis Lease Finance Corporation announced that they will report Q2, 2026 results on Aug 04, 2026실시간 뉴스 • Jun 25Willis Lease Finance Holders Approve 3-for-1 Split and Charter ExpansionWillis Lease Finance shareholders approved a 3-for-1 forward stock split of the company’s common stock, along with a proportionate increase in authorized shares, to be implemented through an amendment to the certificate of incorporation, with split-adjusted trading expected to start on July 20, 2026, subject to Nasdaq’s final approval. The increase in authorized shares gives Willis Lease Finance more flexibility for future equity issuance, which can affect capital-raising options, employee equity plans, or potential acquisitions. The split itself multiplies the share count without changing the company’s overall market value. The stock last traded at US$216.27, with the share price up 61.3% year to date, so the split would lower the per-share trading price while keeping that recent performance record intact on an adjusted basis. A key consideration here is future dilution risk, since a larger pool of authorized shares can later be issued, which would spread earnings and ownership across a higher share count.분석 기사 • Jun 19Willis Lease Finance (WLFC) Stock Looks Cheap On P E After Strong Quarterly GrowthWillis Lease Finance (WLFC) is drawing fresh attention after reporting quarterly revenue growth of 26.36% year over year and a 52.89% rise in net profit, along with strong operating efficiency and cash generation. See our latest analysis for Willis Lease Finance. The strong quarterly update appears to have coincided with rising optimism around Willis Lease Finance, with a 1-day share price return of 6.68% and a 30-day share price return of 15.43%. Taken together with the 53.91% year to date...공고 • Jun 02Four Tree Island Advisory Provides Information to Shareholders of Willis LeaseOn June 1, 2026, Four Tree Island Advisory LLC announced that over 92% of unaffiliated stockholders of Willis Lease Finance Corporation opposed Company’s executive compensation and nearly 84% opposed re-election of Stephen Jones, failed to secure sufficient stockholder support for proposal to triple authorized share count and adjourned Annual Meeting with reconvened Annual Meeting on June 23, 2026. In addition, Four Tree Island commented on the decisive rebuke to Board of Directors and management team and profound lack of confidence in governance and oversight, clear and unambiguous message from minority stockholders that fundamental changes are required and urged the Company shareholders to vote against the proposed increase in authorized shares. Further, Four Tree Island stating that cancellation and rescission of 300,000-share option grant awarded to Executive Chairman Charles Willis, and sale of luxury superyacht and sale of one of two corporate aircraft and commitment not to acquire similar assets. Furthermore, Four Tree Island called on the Company Board to address egregious compensation and perquisite culture and respect mandate of stockholders and continuing to ignore will of minority stockholders risks further erosion of trust and value.실시간 뉴스 • May 30Willis Lease Finance Announces US$200 Million Convertible Notes Offering With Equity Upside PotentialWillis Lease Finance plans to issue US$200m of convertible senior notes due May 2031, with an option for underwriters to purchase an additional US$30m. The notes will carry a 2.50% interest rate and can be converted to equity at a price about 46% above the current stock price. The company intends to use the proceeds primarily to repay amounts outstanding under its revolving credit facility. The mix of low-interest debt and a conversion price set well above the current stock level reflects a funding approach that can reduce near-term interest expense while only introducing potential equity dilution at higher prices. Repaying the revolver with longer-dated notes also shifts part of the company’s capital structure toward fixed-term funding, which changes the balance between liquidity flexibility and future refinancing or conversion risk.Price Target Changed • May 20Price target increased by 41% to US$226Up from US$160, the current price target is provided by 1 analyst. New target price is 26% above last closing price of US$179. Stock is up 35% over the past year. The company is forecast to post earnings per share of US$12.57 for next year compared to US$16.00 last year.Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$179, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Trade Distributors industry in the US. Total returns to shareholders of 353% over the past three years.공고 • May 13Four Tree Urges Willis Lease Finance Stockholders to Vote Against Company ProposalsOn May 11, 2026, Four Tree Island Advisory LLC urged the shareholders of Willis Lease Finance Corporation to vote against all proposals set forth in the Company’s 2026 Annual Meeting except the ratification of the independent auditor, citing concerns over Executive Chairman Charles Willis’s $52.1 million 2025 compensation, which it argues is unjustifiable given Company’s small market capitalization and weak total shareholder return, especially in comparison to far larger and better-performing Companies where compensation levels are lower relative to scale and performance. In addition, Four Tree Island highlighted that such pay would rank among the highest-paid CEOs despite Company significantly underperforming peers, and raised broader issues regarding governance, related party transactions, and whether the Board has exercised appropriate oversight, alleging that decisions have primarily benefited the Executive Chairman at the expense of minority stockholders. Further, Four Tree Island opposed the proposed Charter Amendment, including an increase in share capital and potential 3-for-1 stock split, warning of continued dilution and emphasizing that approval requires 80% shareholder support, thereby giving minority investors decisive influence, and called on stockholders to send a clear message of dissatisfaction, vote against the proposals, and communicate concerns directly to the Board ahead of the May 26, 2026 meeting.공고 • May 06Willis Lease Finance Corporation Reports Unaudited Consolidated Write-Down of Equipment for the First Quarter Ended March 31, 2026Willis Lease Finance Corporation reported unaudited consolidated write-down of equipment for the first quarter ended March 31, 2026. For the quarter the company reported write-down of equipment of $1,149,000 as compared to $2,109,000 a year ago.공고 • Apr 23Willis Lease Finance Corporation to Report Q1, 2026 Results on May 05, 2026Willis Lease Finance Corporation announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 05, 2026공고 • Apr 14Willis Lease Finance Corporation, Annual General Meeting, May 26, 2026Willis Lease Finance Corporation, Annual General Meeting, May 26, 2026.공고 • Mar 05Willis Lease Finance Corporation Appoints Marilyn Gan as Head of Origination, Asia PacificWillis Lease Finance Corporation announced the appointment of Marilyn Gan as Head of Origination, Asia Pacific. In this role, Marilyn will lead origination efforts in Asia for WLFC’s owned portfolio as well as for funds managed by the Company’s recently announced asset manager, Willis Aviation Capital, leveraging her extensive experience in structuring debt and equity transactions and building strategic partnerships across the aviation industry. Most recently, Marilyn served as Head of Asia Pacific at Vmo Aircraft Leasing, where she led regional strategy and origination efforts across the APAC market. Prior to that, she was Managing Director and Head of Origination Asia Pacific Aviation at MUFG and previously held multiple senior leadership roles at DVB Bank SE, including Managing Director and Regional Head Asia Pacific Aviation Finance. She began her aviation career as Senior Legal Counsel at BOC Aviation, where she was responsible for documentation of aircraft loan and lease transactions globally. In addition to her executive leadership roles, Marilyn serves as a Board Member of the Advancing Women in Aviation Roundtable (AWAR) and has previously served on the Board of the International Society of Transport Aircraft Trading (ISTAT), reflecting her strong commitment to industry leadership and advancing diversity in aviation.공고 • Feb 12Willis Lease Finance Corporation Launches In-House Engine Module Restoration Capability, Willis Module ShopWillis Lease Finance Corporation announced the successful completion of its first core engine restoration at its U.S.-based Willis Engine Repair Center. This new, in-house engine module restoration capability will be branded Willis Module Shop. The restoration of a CFM56-7B core engine module marks a key milestone in WLFC's strategy to expand its internal technical and operational capabilities and validates the module shop concept. Post-main maintenance testing of the inaugural module demonstrated strong exhaust gas temperature (EGT) margin recovery, reflecting the quality, precision and effectiveness of the class-leading restoration process. As the aviation industry continues its transition from legacy to next-generation aircraft and engine platforms, this achievement further strengthens WLFC's vertically integrated engine lifecycle offering. Willis Module Shop complements WLFC's other programs like ConstantThrust and ConstantAccess, which enable customers worldwide to navigate fleet and engine asset transitions with confidence. Together, these capabilities provide reliable availability, predictable performance, disciplined core engine value restoration, improved asset utilization, cost efficiency and long-term portfolio returns. WLFC continues to expand its aviation services platform, providing end-to-end support across the engine lifecycle, including leasing and trading, engine and aircraft MROs and disassembly, spare parts, consulting, and asset management.공고 • Feb 11Willis Lease Finance Corporation to Report Q4, 2025 Results on Mar 10, 2026Willis Lease Finance Corporation announced that they will report Q4, 2025 results on Mar 10, 2026공고 • Jan 22Willis Lease Finance Corporation Appoints Steven Bridgland As Head Of Investor Relations & Capital Markets For Willis Aviation CapitalWillis Lease Finance Corporation announced the appointment of Steven Bridgland as Head of Investor Relations & Capital Markets for its recently announced asset manager, Willis Aviation Capital. In this role, Steve will lead day-to-day management of Willis Aviation Capital’s existing investor relationships, continue development of new investor relationships and support capital deployment efforts. With more than three decades of experience, Steve brings extensive expertise in equity and debt capital markets, fund establishment and structuring, investor relations, and aviation finance. He has held senior leadership roles across banks, investment banks, and aircraft asset management and leasing platforms, including seventeen years in senior capital markets and origination roles at Deucalion Aviation, as well as with DVB, RBC Capital Markets, and Greenwich NatWest. Steve is widely recognized for his deep global relationships with institutional investors and his cross-border experience structuring aviation funds and joint ventures for investors across Europe, Asia, and the Middle East.공고 • Jan 20Willis Lease Finance Corporation Declares A Quarterly Dividend, Payable on February 20, 2026On January 16, 2026, the Board of Directors of Willis Lease Finance Corporation declared a quarterly dividend of $0.40 per share on the Company’s outstanding common stock. The dividend is expected to be paid on February 20, 2026 to stockholders of record at the close of business on February 11, 2026.분석 기사 • Jan 13Willis Lease Finance Corporation (NASDAQ:WLFC) Held Back By Insufficient Growth Even After Shares Climb 25%Willis Lease Finance Corporation ( NASDAQ:WLFC ) shareholders have had their patience rewarded with a 25% share price...공고 • Jan 07Willis Lease Finance Corporation Announces Executive AppointmentsWillis Lease Finance Corporation on January 6, 2026 announced the establishment of Willis Aviation Capital (“WAC”), a new division that will focus on the management of third-party assets and capital through discretionary funds. WAC will be led by Brian R. Hole, who has been appointed Global Head of Managed Funds and Credit. Mr. Hole joined WLFC in 2014 as Chief Investment Officer and has served as President since 2016. Dan Coulcher, formerly Chief Commercial Officer for WLFC in EMEA, has been named Senior Vice President of Joint Ventures and will report to Mr. Hole.분석 기사 • Dec 01Here's Why We Think Willis Lease Finance (NASDAQ:WLFC) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...공고 • Nov 11Willis Lease Finance Corporation Appoints David Hooke as Senior Vice President, Mergers & Acquisitions, Effective November 10, 2025Willis Lease Finance Corporation (WLFC) on November 10, 2025 announced the appointment of David Hooke as Senior Vice President, Mergers & Acquisitions, effective November 10, 2025. David will lead the Company’s global mergers and acquisitions strategy, driving portfolio growth and supporting the expansion of WLFC’s aviation leasing, trading, and services platform. David joins WLFC after more than a decade at Bank of America, where he served as Managing Director of Investment Banking, advising clients, including WLFC, on mergers and acquisitions, public offerings, and capital markets transactions. Prior to his career in investment banking, David served in the United States Marine Corps as a KC-130J Aircraft Commander, retiring after 17-years of distinguished service. During his military career he held a variety of leadership roles, including flying combat missions in Afghanistan and other undisclosed locations, and serving as a Company Commander of a Marine Corps Recruit Training Company, where he led over 500 Marines and officers. A decorated veteran and seasoned financial executive, David brings the discipline, precision, and strategic vision that will assist in driving WLFC’s continued growth.분석 기사 • Nov 10Willis Lease Finance's (NASDAQ:WLFC) Upcoming Dividend Will Be Larger Than Last Year'sWillis Lease Finance Corporation ( NASDAQ:WLFC ) will increase its dividend from last year's comparable payment on the...분석 기사 • Nov 08Willis Lease Finance Corporation Just Beat Revenue Estimates By 18%Willis Lease Finance Corporation ( NASDAQ:WLFC ) just released its latest quarterly results and things are looking...공고 • Nov 05+ 1 more updateWillis Lease Finance Corporation Reports Unaudited Consolidated Write-Down of Equipment for the Third Quarter Ended September 30, 2025Willis Lease Finance Corporation reported unaudited consolidated write-down of equipment for the third quarter ended September 30, 2025. For the quarter, the company reported write-down of equipment $10,201,000 as compared to $605,000 a year ago.공고 • Oct 21Willis Lease Finance Corporation to Report Q3, 2025 Results on Nov 04, 2025Willis Lease Finance Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025분석 기사 • Oct 11Why Willis Lease Finance Corporation (NASDAQ:WLFC) Could Be Worth WatchingWhile Willis Lease Finance Corporation ( NASDAQ:WLFC ) might not have the largest market cap around , it saw...공고 • Sep 30Willis Lease Finance Corporation Appoints Pascal Picano as Senior Vice President, Aircraft Leasing & Trading, Effective September 30, 2025Willis Lease Finance Corporation announced the appointment of Pascal Picano as Senior Vice President, Aircraft Leasing & Trading, effective immediately. In this newly created role, Pascal will be building upon the Company’s leading aviation leasing platform by strategically growing its aircraft portfolio. He will also support the Company’s commitment to investing in next-generation assets that meet the evolving needs of the aviation industry. Marc Pierpoint will continue to focus on growth of the engine portfolio. Pascal brings more than 25 years of experience in the aviation industry, specializing in aircraft acquisition, leasing, and capital raising. He most recently served as a Member of the Board of Directors at Avia Solutions Group and previously held senior leadership roles at Carlyle Aviation Partners (formerly Apollo Aviation Group). Throughout his career, Pascal has structured complex transactions, raised equity and debt for aircraft deals, and built and led high-performing teams across the aviation finance sector.공고 • Jul 31Willis Lease Finance Corporation Announces Quarterly Dividend, Payable on August 21, 2025Willis Lease Finance Corporation announced a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on August 21, 2025 to stockholders of record at the close of business on August 12, 2025.분석 기사 • Jul 24Willis Lease Finance Corporation's (NASDAQ:WLFC) Shares Lagging The Market But So Is The BusinessWillis Lease Finance Corporation's ( NASDAQ:WLFC ) price-to-earnings (or "P/E") ratio of 10x might make it look like a...공고 • Jul 15Willis Lease Finance Corporation to Report Q2, 2025 Results on Aug 05, 2025Willis Lease Finance Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025공고 • Jun 30+ 1 more updateWillis Lease Finance Corporation(NasdaqGM:WLFC) dropped from Russell 2000 Defensive IndexWillis Lease Finance Corporation(NasdaqGM:WLFC) dropped from Russell 2000 Defensive Index분석 기사 • Jun 29Is Now An Opportune Moment To Examine Willis Lease Finance Corporation (NASDAQ:WLFC)?Willis Lease Finance Corporation ( NASDAQ:WLFC ), is not the largest company out there, but it saw a double-digit share...분석 기사 • May 14Additional Considerations Required While Assessing Willis Lease Finance's (NASDAQ:WLFC) Strong EarningsInvestors were disappointed with Willis Lease Finance Corporation's ( NASDAQ:WLFC ) earnings, despite the strong profit...분석 기사 • May 07Should You Be Adding Willis Lease Finance (NASDAQ:WLFC) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...공고 • May 02Willis Lease Finance Corporation Declares Quarterly Dividend, Payable on May 22, 2025Willis Lease Finance Corporation declared a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on May 22, 2025 to stockholders of record at the close of business on May 12, 2025.공고 • Apr 28Willis Lease Finance Corporation, Annual General Meeting, Jun 05, 2025Willis Lease Finance Corporation, Annual General Meeting, Jun 05, 2025.공고 • Apr 23Willis Lease Finance Corporation to Report Q1, 2025 Results on May 06, 2025Willis Lease Finance Corporation announced that they will report Q1, 2025 results at 12:30 PM, US Eastern Standard Time on May 06, 2025분석 기사 • Apr 22Market Cool On Willis Lease Finance Corporation's (NASDAQ:WLFC) Earnings Pushing Shares 28% LowerWillis Lease Finance Corporation ( NASDAQ:WLFC ) shareholders that were waiting for something to happen have been dealt...분석 기사 • Apr 16Return Trends At Willis Lease Finance (NASDAQ:WLFC) Aren't AppealingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Seeking Alpha • Mar 28Willis Lease Finance: Growth At A PremiumSummary Willis Lease Finance has seen a remarkable 245.7% stock gain in a year, outperforming the S&P 500's 9.8% return. The company's focus on aero engines and spare parts, especially amid engine shortages, drives its strong business performance. Despite impressive revenue growth and profitability, the stock appears overvalued from a book value perspective, limiting future upside. I maintain a buy rating, but see limited upside at current prices. EV/EBITDA valuation suggests modest growth potential. Read the full article on Seeking Alpha분석 기사 • Feb 28Earnings Working Against Willis Lease Finance Corporation's (NASDAQ:WLFC) Share PriceWhen close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 18x, you may...새로운 내러티브 • Feb 26Support From Development Bank Of Japan And ConstantThrust Program Will Strengthen Future Prospects Willis Lease Finance's expanded funding and investment strategies could boost growth, leading to improved revenue and earnings. 공고 • Feb 11Willis Lease Finance Corporation to Report Q4, 2024 Results on Mar 10, 2025Willis Lease Finance Corporation announced that they will report Q4, 2024 results on Mar 10, 2025분석 기사 • Feb 10When Should You Buy Willis Lease Finance Corporation (NASDAQ:WLFC)?Willis Lease Finance Corporation ( NASDAQ:WLFC ), might not be a large cap stock, but it saw a double-digit share price...공고 • Jan 25Willis Lease Finance Corporation Announces Quarterly Dividend, Paid on February 21, 2025Willis Lease Finance Corporation declared a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on February 21, 2025 to stockholders of record at the close of business on February 12, 2025.공고 • Dec 18Willis Lease Finance Corporation Announces Board ChangesWillis Lease Finance Corporation announced the appointment of Stephen Jones to its Board of Directors effective January 1, 2025. Mr. Jones has a 40-year career in the airline and energy industries. An engineer by training, he began in international oil and gas development, focusing on gas turbine cogeneration projects in North America and Australia. Joining Air New Zealand in 2001 as VP of Investor Relations, he played a key role in its post September 11 transformation. He managed Freedom Air, the Tasman and Pacific Islands airline, and the New Zealand domestic airline units. As Chief Network, Strategy, and Alliances Officer, he built alliances with major carriers like United Airlines and Air China and chaired the Star Alliance Management Board and Strategy Committee. In 2017, Mr. Jones became Deputy CEO of Wizz Air, driving the growth of one of Europe’s larger Ultra-Low-Cost Carriers (ULCCs) and leading operations, commercial, digital, and sustainability initiatives. As CEO of Flair Airlines from 2020 to 2024, he established Canada’s first true ULCC, expanding across Canada, the U.S., Mexico, and the Caribbean. Mr. Jones holds a Bachelor of Mechanical Engineering from the University of Auckland, New Zealand. Director Rae Ann McKeating submitted her resignation from the Board, which resignation was accepted and is effective December 31, 2024.공고 • Nov 08Willis Lease Finance Corporation Appoints Z. Clifton Dameron as Senior Vice PresidentWillis Lease Finance Corporation announced the appointment of Z. Clifton (“Clif”) Dameron to the role of Senior Vice President to strengthen and help streamline the Company’s legal functions as WLFC continues to strategically expand its operations. Clif most recently served as Chief Legal Officer at Carlyle Aviation Partners (formerly Apollo Aviation Group), having joined in 2015 as a Senior Vice President. Prior to joiningCarlyle Aviation, from 2007 to 2015, Clif was with Sciens Capital Management LLC, where he was responsible for legal matters relating to Sciens’ private equity activities. Before Sciens, Clif was a corporate attorney with Bingham McCutchen LLP and Morgan, Lewis & Bockius LLP. Clif has a Bachelor of Arts degree in History from Southern Methodist University, where he graduated Phi Beta Kappa, and a Juris Doctor degree from Tulane University School of Law. Clif is admitted to practice law in California and New York.공고 • Nov 05Willis Lease Finance Corporation Announces Quarterly Dividend, Payable on November 21, 2024Willis Lease Finance Corporation announced its quarterly dividend of $0.25 per share, expected to be paid on November 21, 2024, with a record holder date of November 12, 2024.공고 • Oct 17Willis Lease Finance Corporation to Report Q3, 2024 Results on Nov 04, 2024Willis Lease Finance Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 04, 2024Seeking Alpha • Oct 15Willis Lease Finance's Liquidation Value Is >$200Summary A brief update on Willis Lease Finance Corporation. Here’s what has happened. What might happen next. And why WLFC is worth $200-400 per share. Read the full article on Seeking Alpha공고 • Sep 03Willis Lease Finance Corporation Appoints Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate DevelopmentWillis Lease Finance Corporation announced the appointment of Dr. Amy Ruddock in the newly created role of Senior Vice President, Sustainable Aviation & Corporate Development. Amy will be responsible for delivering and growing WLFC’s sustainable aviation business while also overseeing corporate development. Amy most recently served as Vice President of EMEA at Carbon Engineering, a leader in direct air capture technology. Previously, as Vice President of Corporate Development and Sustainability at Virgin Atlantic, she was significantly involved in shaping the airline’s carbon strategy and its £1.2 billion ($1.55 billion) recapitalization during the COVID-19 pandemic. Prior to Virgin Atlantic, Amy spent a decade at Boston Consulting Group, where she led aviation-focused projects across EMEA and North America in strategy, transformation, operations and commercial development. Amy holds a Ph.D. in Physical Chemistry and Natural Sciences from the University of Cambridge.공고 • Aug 01Willis Lease Finance Corporation Declares First Regular Quarterly Dividend, Payable on August 21, 2024Willis Lease Finance Corporation announced its first regular quarterly dividend of $0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024.Seeking Alpha • Jul 24Is Willis Lease Finance Underperforming?Summary The good: real book value for Willis Lease Finance Corporation is over $150 per share. The bad: management is overpaid and tries to underpay for the company. The competition: FTAI Aviation's valuation implies that Willis is worth 5x its price. Read the full article on Seeking Alpha공고 • Jul 23Willis Lease Finance Corporation Appoints Caroline M. Vandedrinck, as Its New Senior Vice PresidentWillis Lease Finance Corporation announced the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President (“SVP”), Materials & Services, to manage the Company’s strategically aligned aftermarket services businesses. Garry Failler, SVP and Chief Technical Officer, will continue to manage WLFC’s worldwide technical group, quality and logistics, as well as support the significant expansion of the Company’s fleet of assets, currently valued at $2.5 billion. Ms. Vandedrinck brings a wealth of experience and expertise to lead and grow WLFC’s vertically integrated services businesses which include: Willis Engine Repair Center®, its engine maintenance, repair and overhaul (“MRO”) facilities, strategically located in Coconut Creek, Florida, and Bridgend, Wales; Willis Aeronautical Services Inc., its spare parts and materials business, based in Coconut Creek, Florida; Willis Asset Management Limited, its asset management and consulting business based in Bridgend, Wales; and Willis Aviation Services Limited, its airframe MRO, based in Teesside, England. With more than 30 years of aerospace and MRO industry experience, Ms. Vandedrinck has played a pivotal role in driving market share growth in existing and new markets while ensuring top-notch service for airlines and lessors. Ms. Vandedrinck has held key positions at SR Technics, Sikorsky, Barnes Aerospace, Alcoa’s Aerospace Forgings division, Pratt & Whitney, United Technologies, and Fairchild Aircraft. Her varied experience in sales leadership and management positions across different regions has equipped her with a unique perspective on the aerospace industry. Ms. Vandedrinck holds a Bachelor of Science degree in aerospace engineering from Embry-Riddle Aeronautical University and an MBA from the European University. She is also a licensed pilot with proficiency in multiple European languages, enriching her international outlook.공고 • May 19Willis Lease Finance Corporation Declares Cash Dividend, Payable on June 7, 2024Willis Lease Finance Corporation declared a cash dividend of USD 1 per share of common stock outstanding. The dividend is expected to be paid on June 7, 2024, to shareholders of record at the close of business on May 30, 2024.Recent Insider Transactions Derivative • May 09Executive VP & CFO notifies of intention to sell stockScott Flaherty intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of May. If the sale is conducted around the recent share price of US$56.42, it would amount to US$288k. Since June 2023, Scott's direct individual holding has increased from 100.24k shares to 110.25k. Company insiders have collectively sold US$3.6m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • May 07Executive VP & CFO recently sold US$354k worth of stockOn the 3rd of May, Scott Flaherty sold around 7k shares on-market at roughly US$53.37 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$875k.Recent Insider Transactions Derivative • May 05Executive VP & CFO notifies of intention to sell stockScott Flaherty intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of May. If the sale is conducted around the recent share price of US$51.67, it would amount to US$136k. Since June 2023, Scott's direct individual holding has increased from 100.24k shares to 110.25k. Company insiders have collectively sold US$2.7m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$3.13 (vs US$0.58 in 1Q 2023)First quarter 2024 results: EPS: US$3.13 (up from US$0.58 in 1Q 2023). Revenue: US$119.1m (up 36% from 1Q 2023). Net income: US$20.0m (up 459% from 1Q 2023). Profit margin: 17% (up from 4.1% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공고 • Apr 21Willis Lease Finance Corporation, Annual General Meeting, May 22, 2024Willis Lease Finance Corporation, Annual General Meeting, May 22, 2024, at 11:00 Eastern Standard Time. Agenda: To elect two Class II Directors to serve until the 2027 Annual Meeting of Stockholders, specifically and as nominated by the Board of Directors: Colm Barrington and Austin C. Willis. The Board of Directors recommends that you vote FOR this proposal; to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for officer exculpation, the Board of Directors recommends that you vote FOR this proposal; and to consider an advisory vote ratifying the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2024.Recent Insider Transactions • Apr 20Executive VP & CFO recently sold US$126k worth of stockOn the 18th of April, Scott Flaherty sold around 3k shares on-market at roughly US$50.39 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$516k.Recent Insider Transactions Derivative • Apr 19Executive VP & CFO notifies of intention to sell stockScott Flaherty intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of April. If the sale is conducted around the recent share price of US$50.38, it would amount to US$111k. Since June 2023, Scott's direct individual holding has increased from 100.24k shares to 112.85k. Company insiders have collectively sold US$2.6m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Mar 26Willis Lease Finance: Upside Remains On Book ValueSummary Willis Lease Finance Corporation specializes in engine leasing and spare parts, providing solutions that minimize downtime for airplanes. The company saw revenue growth of 34.2%, driven by a growing pool of engines placed on lease and higher utilization. Valuation approaches suggest that the stock is undervalued, with a potential upside of 24% based on price-to-book and 35% based on EV/EBITDA. Read the full article on Seeking AlphaReported Earnings • Mar 14Full year 2023 earnings released: EPS: US$6.40 (vs US$0.35 in FY 2022)Full year 2023 results: EPS: US$6.40 (up from US$0.35 in FY 2022). Revenue: US$418.6m (up 39% from FY 2022). Net income: US$40.4m (up US$38.3m from FY 2022). Profit margin: 9.6% (up from 0.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions Derivative • Feb 12Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of February. If the sale is conducted around the recent share price of US$49.77, it would amount to US$59k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 921.84k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Jan 22Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of January. If the sale is conducted around the recent share price of US$46.49, it would amount to US$106k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 942.64k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Jan 11Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of January. If the sale is conducted around the recent share price of US$47.70, it would amount to US$199k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 952.47k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Dec 31Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of December. If the sale is conducted around the recent share price of US$48.44, it would amount to US$69k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 956.35k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.공고 • Dec 28Willis Lease Finance Corporation Announces Board ChangesWillis Lease Finance Corporation announced the appointment of Brendan Curran to its Board of Directors, effective January 1, 2024. With a distinguished career in the aerospace industry spanning nearly four decades, Mr. Curran brings a wealth of experience across the engine and airframe segments. He has significant experience in business and operations leadership, engineering, mergers & acquisitions, restructuring, and global business development. Most notably, Mr. Curran’s expertise aligns well with WLFC’s vision and mission, making him a valuable addition to the Board. Mr. Curran is currently an operating resource and advisor to ATL Partners (a New York based private equity firm specializing in mergers & acquisitions). He also serves as Chairman of the Board of Aero Accessories, a leading independent component maintenance facility based in Miramar, FL. Mr. Curran’s leadership experience includes public company senior executive roles at Pratt & Whitney Commercial Engines, Boeing Global Services, Bombardier Services, Crane Aerospace & Electronics, and Hamilton Sundstrand. Mr. Curran graduated from Columbia Business School with a Master of Business Administration degree and earned his Bachelor of Science degree in mechanical engineering from the University of Vermont. While at Columbia, he was awarded the Center for International Business Fellowship. Director Hans Joerg Hunziker submitted his resignation from the Board, which resignation was accepted and is effective December 31, 2023.Recent Insider Transactions • Dec 17President recently sold US$79k worth of stockOn the 14th of December, Brian Hole sold around 2k shares on-market at roughly US$47.73 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$621k. Brian has been a net seller over the last 12 months, reducing personal holdings by US$229k.Recent Insider Transactions Derivative • Dec 15President notifies of intention to sell stockBrian Hole intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of December. If the sale is conducted around the recent share price of US$47.67, it would amount to US$66k. Since March 2023, Brian's direct individual holding has increased from 78.90k shares to 92.78k. Company insiders have collectively sold US$2.0m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Nov 26Independent Director notifies of intention to sell stockHans Hunziker intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of November. If the sale is conducted around the recent share price of US$44.82, it would amount to US$67k. Since June 2023, Hans' direct individual holding has increased from 25.49k shares to 26.49k. Company insiders have collectively sold US$1.9m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Nov 17Founder & Executive Chairman recently sold US$129k worth of stockOn the 9th of November, Charles Willis sold around 3k shares on-market at roughly US$43.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Charles has been a net seller over the last 12 months, reducing personal holdings by US$696k.Recent Insider Transactions Derivative • Nov 12Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of November. If the sale is conducted around the recent share price of US$43.00, it would amount to US$129k. Since December 2022, Charles' direct individual holding has increased from 958.15k shares to 1.03m. Company insiders have collectively sold US$851k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$2.17 (vs US$0.91 in 3Q 2022)Third quarter 2023 results: EPS: US$2.17 (up from US$0.91 in 3Q 2022). Revenue: US$105.7m (up 41% from 3Q 2022). Net income: US$13.8m (up 148% from 3Q 2022). Profit margin: 13% (up from 7.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions Derivative • Sep 22President notifies of intention to sell stockBrian Hole intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of September. If the sale is conducted around the recent share price of US$43.02, it would amount to US$146k. Since March 2023, Brian's direct individual holding has increased from 78.90k shares to 96.72k. Company insiders have collectively sold US$851k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Sep 03Independent Director recently sold US$76k worth of stockOn the 31st of August, Hans Hunziker sold around 2k shares on-market at roughly US$42.55 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$210k. Insiders have been net sellers, collectively disposing of US$851k more than they bought in the last 12 months.Recent Insider Transactions Derivative • Sep 02Independent Director notifies of intention to sell stockHans Hunziker intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of August. If the sale is conducted around the recent share price of US$45.13, it would amount to US$90k. Since June 2023, Hans' direct individual holding has increased from 25.49k shares to 28.49k. Company insiders have collectively sold US$775k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Aug 28Founder & Executive Chairman recently sold US$119k worth of stockOn the 23rd of August, Charles Willis sold around 3k shares on-market at roughly US$43.57 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$238k. Charles has been a net seller over the last 12 months, reducing personal holdings by US$567k.Recent Insider Transactions Derivative • Aug 25Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of August. If the sale is conducted around the recent share price of US$43.57, it would amount to US$119k. Since December 2022, Charles' direct individual holding has increased from 958.15k shares to 1.03m. Company insiders have collectively sold US$647k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$2.04 (vs US$0.83 in 2Q 2022)Second quarter 2023 results: EPS: US$2.04 (up from US$0.83 in 2Q 2022). Revenue: US$109.0m (up 43% from 2Q 2022). Net income: US$13.0m (up 156% from 2Q 2022). Profit margin: 12% (up from 6.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Capps McKeating was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공고 • Jun 23Willis Lease Finance Corporation, Annual General Meeting, Jul 25, 2023Willis Lease Finance Corporation, Annual General Meeting, Jul 25, 2023, at 15:00 US Eastern Standard Time. Agenda: To elect one Class I Director; to cast an advisory vote on approval of executive compensation; to approve an amendment and restatement of 2021 Incentive Stock Plan to increase the number of authorized shares issuable thereunder by 1,750,000 shares, and to extend the expiration date of the plan by two years and to cast an advisory vote ratifying the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2023.Recent Insider Transactions • Jun 15Founder & Executive Chairman recently sold US$210k worth of stockOn the 7th of June, Charles Willis sold around 5k shares on-market at roughly US$41.99 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$238k. Charles has been a net seller over the last 12 months, reducing personal holdings by US$448k.Recent Insider Transactions Derivative • Jun 10Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of June. If the sale is conducted around the recent share price of US$41.00, it would amount to US$205k. Since June 2022, Charles' direct individual holding has increased from 987.95k shares to 1.04m. Company insiders have collectively sold US$437k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Jun 02Founder & Executive Chairman recently sold US$238k worth of stockOn the 30th of May, Charles Willis sold around 6k shares on-market at roughly US$38.36 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Charles' only on-market trade for the last 12 months.Recent Insider Transactions Derivative • May 30Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of May. If the sale is conducted around the recent share price of US$41.90, it would amount to US$210k. Since June 2022, Charles' direct individual holding has increased from 987.95k shares to 1.02m. Company insiders have collectively sold US$458k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • May 26Executive VP & CFO recently sold US$55k worth of stockOn the 23rd of May, Scott Flaherty sold around 1k shares on-market at roughly US$42.17 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$406k.Recent Insider Transactions • May 16President recently sold US$52k worth of stockOn the 15th of May, Brian Hole sold around 1k shares on-market at roughly US$45.87 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brian has been a net seller over the last 12 months, reducing personal holdings by US$282k.Recent Insider Transactions Derivative • May 15President notifies of intention to sell stockBrian Hole intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of May. If the sale is conducted around the recent share price of US$44.90, it would amount to US$376k. Since June 2022, Brian's direct individual holding has increased from 77.90k shares to 99.71k. Company insiders have collectively sold US$763k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$0.58 (vs US$3.70 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.58 (up from US$3.70 loss in 1Q 2022). Revenue: US$89.5m (up 34% from 1Q 2022). Net income: US$3.57m (up US$25.6m from 1Q 2022). Profit margin: 4.0% (up from net loss in 1Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.이익 및 매출 성장 예측NasdaqGM:WLFC - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028824N/AN/AN/A112/31/2027761N/AN/AN/A112/31/2026732N/AN/AN/A16/30/202675486-89272N/A3/31/202675311613299N/A12/31/2025716108-3283N/A9/30/2025674117-164277N/A6/30/2025637117-152300N/A3/31/2025594100-340266N/A12/31/2024558104-391284N/A9/30/202452095-58277N/A6/30/20244818515261N/A3/31/202443957145238N/A12/31/202341040146230N/A9/30/20233844458231N/A6/30/202335636-94185N/A3/31/202332228-98168N/A12/31/20223012-79144N/A9/30/2022277-10-95105N/A6/30/2022269-14-36106N/A3/31/2022259-20-5596N/A12/31/20212500-8091N/A9/30/2021257-5-38479N/A6/30/2021257-5-29693N/A3/31/20212661-25988N/A12/31/20202896-29393N/A9/30/2020310149143N/A6/30/2020362356182N/A3/31/202038647N/A223N/A12/31/201940964N/A230N/A9/30/201943877N/A244N/A6/30/201939962N/A198N/A3/31/201938254N/A189N/A12/31/201834840N/A189N/A9/30/201829264N/A141N/A6/30/201827761N/A140N/A3/31/201826659N/A126N/A12/31/201727460N/A137N/A9/30/201726321N/A137N/A6/30/201724820N/A123N/A3/31/201723018N/A119N/A12/31/201620314N/A92N/A9/30/201620714N/A105N/A6/30/201621313N/A124N/A3/31/20162079N/A104N/A12/31/20151986N/A98N/A9/30/20151843N/A84N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: WLFC 의 예상 수익 증가율이 절약률(3.7%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: WLFC 의 수익이 US 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: WLFC 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: WLFC 의 수익(연간 4%)이 US 시장(연간 12.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: WLFC 의 수익(연간 4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: WLFC의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/12 11:34종가2026/08/12 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Willis Lease Finance Corporation는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관John HechtCitizens JMP Securities, LLCSergey GlinyanovFreedom BrokerTristan Thomas-MartinSidoti & Company, LLC
Price Target Changed • May 20Price target increased by 41% to US$226Up from US$160, the current price target is provided by 1 analyst. New target price is 26% above last closing price of US$179. Stock is up 35% over the past year. The company is forecast to post earnings per share of US$12.57 for next year compared to US$16.00 last year.
분석 기사 • Nov 08Willis Lease Finance Corporation Just Beat Revenue Estimates By 18%Willis Lease Finance Corporation ( NASDAQ:WLFC ) just released its latest quarterly results and things are looking...
분석 기사 • Aug 12Some Investors May Be Willing To Look Past Willis Lease Finance's (NASDAQ:WLFC) Soft EarningsThe most recent earnings report from Willis Lease Finance Corporation ( NASDAQ:WLFC ) was disappointing for...
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$55.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Trade Distributors industry in the US. Total returns to shareholders of 280% over the past three years.
Seeking Alpha • Aug 08Willis Lease Finance: A Rough Road AheadSummary Willis's Q2 results have shown us a demand softening, which caused maintenance reserves to decline and the utilization rate to drop from 87% to 85% YoY. The management fees segment grew significantly by 113%, but given that the firm still accrues most of its revenue from the leasing business, we still need to value against PB. The current PB ratio is widely higher than the 5-year historical level; while this is a true reflection of the current market dynamics, it leaves no margin of safety. Read the full article on Seeking Alpha
Reported Earnings • Aug 04Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$1.36 (down from US$2.90 in 2Q 2025). Revenue: US$194.0m (up 1.1% from 2Q 2025). Net income: US$28.7m (down 51% from 2Q 2025). Profit margin: 15% (down from 31% in 2Q 2025). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Aug 04First quarter dividend of US$0.13 announcedShareholders will receive a dividend of US$0.13. Ex-date: 11th August 2026 Payment date: 21st August 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (8% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 26% per year over the past 2 years and payments have been stable during that time. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range.
공고 • Jul 30Willis Lease Finance Corporation Declares Third Quarter 2026 Dividend, Payable on August 21, 2026Willis Lease Finance Corporation announced the Company’s quarterly dividend of $0.133 per share of common stock outstanding, adjusted due to the Company’s 3-for-1 stock split earlier in the month. The dividend is expected to be paid on August 21, 2026, to stockholders of record at the close of business on August 11, 2026.
공고 • Jul 21Willis Lease Finance Corporation to Report Q2, 2026 Results on Aug 04, 2026Willis Lease Finance Corporation announced that they will report Q2, 2026 results on Aug 04, 2026
실시간 뉴스 • Jun 25Willis Lease Finance Holders Approve 3-for-1 Split and Charter ExpansionWillis Lease Finance shareholders approved a 3-for-1 forward stock split of the company’s common stock, along with a proportionate increase in authorized shares, to be implemented through an amendment to the certificate of incorporation, with split-adjusted trading expected to start on July 20, 2026, subject to Nasdaq’s final approval. The increase in authorized shares gives Willis Lease Finance more flexibility for future equity issuance, which can affect capital-raising options, employee equity plans, or potential acquisitions. The split itself multiplies the share count without changing the company’s overall market value. The stock last traded at US$216.27, with the share price up 61.3% year to date, so the split would lower the per-share trading price while keeping that recent performance record intact on an adjusted basis. A key consideration here is future dilution risk, since a larger pool of authorized shares can later be issued, which would spread earnings and ownership across a higher share count.
분석 기사 • Jun 19Willis Lease Finance (WLFC) Stock Looks Cheap On P E After Strong Quarterly GrowthWillis Lease Finance (WLFC) is drawing fresh attention after reporting quarterly revenue growth of 26.36% year over year and a 52.89% rise in net profit, along with strong operating efficiency and cash generation. See our latest analysis for Willis Lease Finance. The strong quarterly update appears to have coincided with rising optimism around Willis Lease Finance, with a 1-day share price return of 6.68% and a 30-day share price return of 15.43%. Taken together with the 53.91% year to date...
공고 • Jun 02Four Tree Island Advisory Provides Information to Shareholders of Willis LeaseOn June 1, 2026, Four Tree Island Advisory LLC announced that over 92% of unaffiliated stockholders of Willis Lease Finance Corporation opposed Company’s executive compensation and nearly 84% opposed re-election of Stephen Jones, failed to secure sufficient stockholder support for proposal to triple authorized share count and adjourned Annual Meeting with reconvened Annual Meeting on June 23, 2026. In addition, Four Tree Island commented on the decisive rebuke to Board of Directors and management team and profound lack of confidence in governance and oversight, clear and unambiguous message from minority stockholders that fundamental changes are required and urged the Company shareholders to vote against the proposed increase in authorized shares. Further, Four Tree Island stating that cancellation and rescission of 300,000-share option grant awarded to Executive Chairman Charles Willis, and sale of luxury superyacht and sale of one of two corporate aircraft and commitment not to acquire similar assets. Furthermore, Four Tree Island called on the Company Board to address egregious compensation and perquisite culture and respect mandate of stockholders and continuing to ignore will of minority stockholders risks further erosion of trust and value.
실시간 뉴스 • May 30Willis Lease Finance Announces US$200 Million Convertible Notes Offering With Equity Upside PotentialWillis Lease Finance plans to issue US$200m of convertible senior notes due May 2031, with an option for underwriters to purchase an additional US$30m. The notes will carry a 2.50% interest rate and can be converted to equity at a price about 46% above the current stock price. The company intends to use the proceeds primarily to repay amounts outstanding under its revolving credit facility. The mix of low-interest debt and a conversion price set well above the current stock level reflects a funding approach that can reduce near-term interest expense while only introducing potential equity dilution at higher prices. Repaying the revolver with longer-dated notes also shifts part of the company’s capital structure toward fixed-term funding, which changes the balance between liquidity flexibility and future refinancing or conversion risk.
Price Target Changed • May 20Price target increased by 41% to US$226Up from US$160, the current price target is provided by 1 analyst. New target price is 26% above last closing price of US$179. Stock is up 35% over the past year. The company is forecast to post earnings per share of US$12.57 for next year compared to US$16.00 last year.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$179, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Trade Distributors industry in the US. Total returns to shareholders of 353% over the past three years.
공고 • May 13Four Tree Urges Willis Lease Finance Stockholders to Vote Against Company ProposalsOn May 11, 2026, Four Tree Island Advisory LLC urged the shareholders of Willis Lease Finance Corporation to vote against all proposals set forth in the Company’s 2026 Annual Meeting except the ratification of the independent auditor, citing concerns over Executive Chairman Charles Willis’s $52.1 million 2025 compensation, which it argues is unjustifiable given Company’s small market capitalization and weak total shareholder return, especially in comparison to far larger and better-performing Companies where compensation levels are lower relative to scale and performance. In addition, Four Tree Island highlighted that such pay would rank among the highest-paid CEOs despite Company significantly underperforming peers, and raised broader issues regarding governance, related party transactions, and whether the Board has exercised appropriate oversight, alleging that decisions have primarily benefited the Executive Chairman at the expense of minority stockholders. Further, Four Tree Island opposed the proposed Charter Amendment, including an increase in share capital and potential 3-for-1 stock split, warning of continued dilution and emphasizing that approval requires 80% shareholder support, thereby giving minority investors decisive influence, and called on stockholders to send a clear message of dissatisfaction, vote against the proposals, and communicate concerns directly to the Board ahead of the May 26, 2026 meeting.
공고 • May 06Willis Lease Finance Corporation Reports Unaudited Consolidated Write-Down of Equipment for the First Quarter Ended March 31, 2026Willis Lease Finance Corporation reported unaudited consolidated write-down of equipment for the first quarter ended March 31, 2026. For the quarter the company reported write-down of equipment of $1,149,000 as compared to $2,109,000 a year ago.
공고 • Apr 23Willis Lease Finance Corporation to Report Q1, 2026 Results on May 05, 2026Willis Lease Finance Corporation announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 05, 2026
공고 • Apr 14Willis Lease Finance Corporation, Annual General Meeting, May 26, 2026Willis Lease Finance Corporation, Annual General Meeting, May 26, 2026.
공고 • Mar 05Willis Lease Finance Corporation Appoints Marilyn Gan as Head of Origination, Asia PacificWillis Lease Finance Corporation announced the appointment of Marilyn Gan as Head of Origination, Asia Pacific. In this role, Marilyn will lead origination efforts in Asia for WLFC’s owned portfolio as well as for funds managed by the Company’s recently announced asset manager, Willis Aviation Capital, leveraging her extensive experience in structuring debt and equity transactions and building strategic partnerships across the aviation industry. Most recently, Marilyn served as Head of Asia Pacific at Vmo Aircraft Leasing, where she led regional strategy and origination efforts across the APAC market. Prior to that, she was Managing Director and Head of Origination Asia Pacific Aviation at MUFG and previously held multiple senior leadership roles at DVB Bank SE, including Managing Director and Regional Head Asia Pacific Aviation Finance. She began her aviation career as Senior Legal Counsel at BOC Aviation, where she was responsible for documentation of aircraft loan and lease transactions globally. In addition to her executive leadership roles, Marilyn serves as a Board Member of the Advancing Women in Aviation Roundtable (AWAR) and has previously served on the Board of the International Society of Transport Aircraft Trading (ISTAT), reflecting her strong commitment to industry leadership and advancing diversity in aviation.
공고 • Feb 12Willis Lease Finance Corporation Launches In-House Engine Module Restoration Capability, Willis Module ShopWillis Lease Finance Corporation announced the successful completion of its first core engine restoration at its U.S.-based Willis Engine Repair Center. This new, in-house engine module restoration capability will be branded Willis Module Shop. The restoration of a CFM56-7B core engine module marks a key milestone in WLFC's strategy to expand its internal technical and operational capabilities and validates the module shop concept. Post-main maintenance testing of the inaugural module demonstrated strong exhaust gas temperature (EGT) margin recovery, reflecting the quality, precision and effectiveness of the class-leading restoration process. As the aviation industry continues its transition from legacy to next-generation aircraft and engine platforms, this achievement further strengthens WLFC's vertically integrated engine lifecycle offering. Willis Module Shop complements WLFC's other programs like ConstantThrust and ConstantAccess, which enable customers worldwide to navigate fleet and engine asset transitions with confidence. Together, these capabilities provide reliable availability, predictable performance, disciplined core engine value restoration, improved asset utilization, cost efficiency and long-term portfolio returns. WLFC continues to expand its aviation services platform, providing end-to-end support across the engine lifecycle, including leasing and trading, engine and aircraft MROs and disassembly, spare parts, consulting, and asset management.
공고 • Feb 11Willis Lease Finance Corporation to Report Q4, 2025 Results on Mar 10, 2026Willis Lease Finance Corporation announced that they will report Q4, 2025 results on Mar 10, 2026
공고 • Jan 22Willis Lease Finance Corporation Appoints Steven Bridgland As Head Of Investor Relations & Capital Markets For Willis Aviation CapitalWillis Lease Finance Corporation announced the appointment of Steven Bridgland as Head of Investor Relations & Capital Markets for its recently announced asset manager, Willis Aviation Capital. In this role, Steve will lead day-to-day management of Willis Aviation Capital’s existing investor relationships, continue development of new investor relationships and support capital deployment efforts. With more than three decades of experience, Steve brings extensive expertise in equity and debt capital markets, fund establishment and structuring, investor relations, and aviation finance. He has held senior leadership roles across banks, investment banks, and aircraft asset management and leasing platforms, including seventeen years in senior capital markets and origination roles at Deucalion Aviation, as well as with DVB, RBC Capital Markets, and Greenwich NatWest. Steve is widely recognized for his deep global relationships with institutional investors and his cross-border experience structuring aviation funds and joint ventures for investors across Europe, Asia, and the Middle East.
공고 • Jan 20Willis Lease Finance Corporation Declares A Quarterly Dividend, Payable on February 20, 2026On January 16, 2026, the Board of Directors of Willis Lease Finance Corporation declared a quarterly dividend of $0.40 per share on the Company’s outstanding common stock. The dividend is expected to be paid on February 20, 2026 to stockholders of record at the close of business on February 11, 2026.
분석 기사 • Jan 13Willis Lease Finance Corporation (NASDAQ:WLFC) Held Back By Insufficient Growth Even After Shares Climb 25%Willis Lease Finance Corporation ( NASDAQ:WLFC ) shareholders have had their patience rewarded with a 25% share price...
공고 • Jan 07Willis Lease Finance Corporation Announces Executive AppointmentsWillis Lease Finance Corporation on January 6, 2026 announced the establishment of Willis Aviation Capital (“WAC”), a new division that will focus on the management of third-party assets and capital through discretionary funds. WAC will be led by Brian R. Hole, who has been appointed Global Head of Managed Funds and Credit. Mr. Hole joined WLFC in 2014 as Chief Investment Officer and has served as President since 2016. Dan Coulcher, formerly Chief Commercial Officer for WLFC in EMEA, has been named Senior Vice President of Joint Ventures and will report to Mr. Hole.
분석 기사 • Dec 01Here's Why We Think Willis Lease Finance (NASDAQ:WLFC) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
공고 • Nov 11Willis Lease Finance Corporation Appoints David Hooke as Senior Vice President, Mergers & Acquisitions, Effective November 10, 2025Willis Lease Finance Corporation (WLFC) on November 10, 2025 announced the appointment of David Hooke as Senior Vice President, Mergers & Acquisitions, effective November 10, 2025. David will lead the Company’s global mergers and acquisitions strategy, driving portfolio growth and supporting the expansion of WLFC’s aviation leasing, trading, and services platform. David joins WLFC after more than a decade at Bank of America, where he served as Managing Director of Investment Banking, advising clients, including WLFC, on mergers and acquisitions, public offerings, and capital markets transactions. Prior to his career in investment banking, David served in the United States Marine Corps as a KC-130J Aircraft Commander, retiring after 17-years of distinguished service. During his military career he held a variety of leadership roles, including flying combat missions in Afghanistan and other undisclosed locations, and serving as a Company Commander of a Marine Corps Recruit Training Company, where he led over 500 Marines and officers. A decorated veteran and seasoned financial executive, David brings the discipline, precision, and strategic vision that will assist in driving WLFC’s continued growth.
분석 기사 • Nov 10Willis Lease Finance's (NASDAQ:WLFC) Upcoming Dividend Will Be Larger Than Last Year'sWillis Lease Finance Corporation ( NASDAQ:WLFC ) will increase its dividend from last year's comparable payment on the...
분석 기사 • Nov 08Willis Lease Finance Corporation Just Beat Revenue Estimates By 18%Willis Lease Finance Corporation ( NASDAQ:WLFC ) just released its latest quarterly results and things are looking...
공고 • Nov 05+ 1 more updateWillis Lease Finance Corporation Reports Unaudited Consolidated Write-Down of Equipment for the Third Quarter Ended September 30, 2025Willis Lease Finance Corporation reported unaudited consolidated write-down of equipment for the third quarter ended September 30, 2025. For the quarter, the company reported write-down of equipment $10,201,000 as compared to $605,000 a year ago.
공고 • Oct 21Willis Lease Finance Corporation to Report Q3, 2025 Results on Nov 04, 2025Willis Lease Finance Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025
분석 기사 • Oct 11Why Willis Lease Finance Corporation (NASDAQ:WLFC) Could Be Worth WatchingWhile Willis Lease Finance Corporation ( NASDAQ:WLFC ) might not have the largest market cap around , it saw...
공고 • Sep 30Willis Lease Finance Corporation Appoints Pascal Picano as Senior Vice President, Aircraft Leasing & Trading, Effective September 30, 2025Willis Lease Finance Corporation announced the appointment of Pascal Picano as Senior Vice President, Aircraft Leasing & Trading, effective immediately. In this newly created role, Pascal will be building upon the Company’s leading aviation leasing platform by strategically growing its aircraft portfolio. He will also support the Company’s commitment to investing in next-generation assets that meet the evolving needs of the aviation industry. Marc Pierpoint will continue to focus on growth of the engine portfolio. Pascal brings more than 25 years of experience in the aviation industry, specializing in aircraft acquisition, leasing, and capital raising. He most recently served as a Member of the Board of Directors at Avia Solutions Group and previously held senior leadership roles at Carlyle Aviation Partners (formerly Apollo Aviation Group). Throughout his career, Pascal has structured complex transactions, raised equity and debt for aircraft deals, and built and led high-performing teams across the aviation finance sector.
공고 • Jul 31Willis Lease Finance Corporation Announces Quarterly Dividend, Payable on August 21, 2025Willis Lease Finance Corporation announced a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on August 21, 2025 to stockholders of record at the close of business on August 12, 2025.
분석 기사 • Jul 24Willis Lease Finance Corporation's (NASDAQ:WLFC) Shares Lagging The Market But So Is The BusinessWillis Lease Finance Corporation's ( NASDAQ:WLFC ) price-to-earnings (or "P/E") ratio of 10x might make it look like a...
공고 • Jul 15Willis Lease Finance Corporation to Report Q2, 2025 Results on Aug 05, 2025Willis Lease Finance Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025
공고 • Jun 30+ 1 more updateWillis Lease Finance Corporation(NasdaqGM:WLFC) dropped from Russell 2000 Defensive IndexWillis Lease Finance Corporation(NasdaqGM:WLFC) dropped from Russell 2000 Defensive Index
분석 기사 • Jun 29Is Now An Opportune Moment To Examine Willis Lease Finance Corporation (NASDAQ:WLFC)?Willis Lease Finance Corporation ( NASDAQ:WLFC ), is not the largest company out there, but it saw a double-digit share...
분석 기사 • May 14Additional Considerations Required While Assessing Willis Lease Finance's (NASDAQ:WLFC) Strong EarningsInvestors were disappointed with Willis Lease Finance Corporation's ( NASDAQ:WLFC ) earnings, despite the strong profit...
분석 기사 • May 07Should You Be Adding Willis Lease Finance (NASDAQ:WLFC) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
공고 • May 02Willis Lease Finance Corporation Declares Quarterly Dividend, Payable on May 22, 2025Willis Lease Finance Corporation declared a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on May 22, 2025 to stockholders of record at the close of business on May 12, 2025.
공고 • Apr 28Willis Lease Finance Corporation, Annual General Meeting, Jun 05, 2025Willis Lease Finance Corporation, Annual General Meeting, Jun 05, 2025.
공고 • Apr 23Willis Lease Finance Corporation to Report Q1, 2025 Results on May 06, 2025Willis Lease Finance Corporation announced that they will report Q1, 2025 results at 12:30 PM, US Eastern Standard Time on May 06, 2025
분석 기사 • Apr 22Market Cool On Willis Lease Finance Corporation's (NASDAQ:WLFC) Earnings Pushing Shares 28% LowerWillis Lease Finance Corporation ( NASDAQ:WLFC ) shareholders that were waiting for something to happen have been dealt...
분석 기사 • Apr 16Return Trends At Willis Lease Finance (NASDAQ:WLFC) Aren't AppealingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Seeking Alpha • Mar 28Willis Lease Finance: Growth At A PremiumSummary Willis Lease Finance has seen a remarkable 245.7% stock gain in a year, outperforming the S&P 500's 9.8% return. The company's focus on aero engines and spare parts, especially amid engine shortages, drives its strong business performance. Despite impressive revenue growth and profitability, the stock appears overvalued from a book value perspective, limiting future upside. I maintain a buy rating, but see limited upside at current prices. EV/EBITDA valuation suggests modest growth potential. Read the full article on Seeking Alpha
분석 기사 • Feb 28Earnings Working Against Willis Lease Finance Corporation's (NASDAQ:WLFC) Share PriceWhen close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 18x, you may...
새로운 내러티브 • Feb 26Support From Development Bank Of Japan And ConstantThrust Program Will Strengthen Future Prospects Willis Lease Finance's expanded funding and investment strategies could boost growth, leading to improved revenue and earnings.
공고 • Feb 11Willis Lease Finance Corporation to Report Q4, 2024 Results on Mar 10, 2025Willis Lease Finance Corporation announced that they will report Q4, 2024 results on Mar 10, 2025
분석 기사 • Feb 10When Should You Buy Willis Lease Finance Corporation (NASDAQ:WLFC)?Willis Lease Finance Corporation ( NASDAQ:WLFC ), might not be a large cap stock, but it saw a double-digit share price...
공고 • Jan 25Willis Lease Finance Corporation Announces Quarterly Dividend, Paid on February 21, 2025Willis Lease Finance Corporation declared a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on February 21, 2025 to stockholders of record at the close of business on February 12, 2025.
공고 • Dec 18Willis Lease Finance Corporation Announces Board ChangesWillis Lease Finance Corporation announced the appointment of Stephen Jones to its Board of Directors effective January 1, 2025. Mr. Jones has a 40-year career in the airline and energy industries. An engineer by training, he began in international oil and gas development, focusing on gas turbine cogeneration projects in North America and Australia. Joining Air New Zealand in 2001 as VP of Investor Relations, he played a key role in its post September 11 transformation. He managed Freedom Air, the Tasman and Pacific Islands airline, and the New Zealand domestic airline units. As Chief Network, Strategy, and Alliances Officer, he built alliances with major carriers like United Airlines and Air China and chaired the Star Alliance Management Board and Strategy Committee. In 2017, Mr. Jones became Deputy CEO of Wizz Air, driving the growth of one of Europe’s larger Ultra-Low-Cost Carriers (ULCCs) and leading operations, commercial, digital, and sustainability initiatives. As CEO of Flair Airlines from 2020 to 2024, he established Canada’s first true ULCC, expanding across Canada, the U.S., Mexico, and the Caribbean. Mr. Jones holds a Bachelor of Mechanical Engineering from the University of Auckland, New Zealand. Director Rae Ann McKeating submitted her resignation from the Board, which resignation was accepted and is effective December 31, 2024.
공고 • Nov 08Willis Lease Finance Corporation Appoints Z. Clifton Dameron as Senior Vice PresidentWillis Lease Finance Corporation announced the appointment of Z. Clifton (“Clif”) Dameron to the role of Senior Vice President to strengthen and help streamline the Company’s legal functions as WLFC continues to strategically expand its operations. Clif most recently served as Chief Legal Officer at Carlyle Aviation Partners (formerly Apollo Aviation Group), having joined in 2015 as a Senior Vice President. Prior to joiningCarlyle Aviation, from 2007 to 2015, Clif was with Sciens Capital Management LLC, where he was responsible for legal matters relating to Sciens’ private equity activities. Before Sciens, Clif was a corporate attorney with Bingham McCutchen LLP and Morgan, Lewis & Bockius LLP. Clif has a Bachelor of Arts degree in History from Southern Methodist University, where he graduated Phi Beta Kappa, and a Juris Doctor degree from Tulane University School of Law. Clif is admitted to practice law in California and New York.
공고 • Nov 05Willis Lease Finance Corporation Announces Quarterly Dividend, Payable on November 21, 2024Willis Lease Finance Corporation announced its quarterly dividend of $0.25 per share, expected to be paid on November 21, 2024, with a record holder date of November 12, 2024.
공고 • Oct 17Willis Lease Finance Corporation to Report Q3, 2024 Results on Nov 04, 2024Willis Lease Finance Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 04, 2024
Seeking Alpha • Oct 15Willis Lease Finance's Liquidation Value Is >$200Summary A brief update on Willis Lease Finance Corporation. Here’s what has happened. What might happen next. And why WLFC is worth $200-400 per share. Read the full article on Seeking Alpha
공고 • Sep 03Willis Lease Finance Corporation Appoints Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate DevelopmentWillis Lease Finance Corporation announced the appointment of Dr. Amy Ruddock in the newly created role of Senior Vice President, Sustainable Aviation & Corporate Development. Amy will be responsible for delivering and growing WLFC’s sustainable aviation business while also overseeing corporate development. Amy most recently served as Vice President of EMEA at Carbon Engineering, a leader in direct air capture technology. Previously, as Vice President of Corporate Development and Sustainability at Virgin Atlantic, she was significantly involved in shaping the airline’s carbon strategy and its £1.2 billion ($1.55 billion) recapitalization during the COVID-19 pandemic. Prior to Virgin Atlantic, Amy spent a decade at Boston Consulting Group, where she led aviation-focused projects across EMEA and North America in strategy, transformation, operations and commercial development. Amy holds a Ph.D. in Physical Chemistry and Natural Sciences from the University of Cambridge.
공고 • Aug 01Willis Lease Finance Corporation Declares First Regular Quarterly Dividend, Payable on August 21, 2024Willis Lease Finance Corporation announced its first regular quarterly dividend of $0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024.
Seeking Alpha • Jul 24Is Willis Lease Finance Underperforming?Summary The good: real book value for Willis Lease Finance Corporation is over $150 per share. The bad: management is overpaid and tries to underpay for the company. The competition: FTAI Aviation's valuation implies that Willis is worth 5x its price. Read the full article on Seeking Alpha
공고 • Jul 23Willis Lease Finance Corporation Appoints Caroline M. Vandedrinck, as Its New Senior Vice PresidentWillis Lease Finance Corporation announced the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President (“SVP”), Materials & Services, to manage the Company’s strategically aligned aftermarket services businesses. Garry Failler, SVP and Chief Technical Officer, will continue to manage WLFC’s worldwide technical group, quality and logistics, as well as support the significant expansion of the Company’s fleet of assets, currently valued at $2.5 billion. Ms. Vandedrinck brings a wealth of experience and expertise to lead and grow WLFC’s vertically integrated services businesses which include: Willis Engine Repair Center®, its engine maintenance, repair and overhaul (“MRO”) facilities, strategically located in Coconut Creek, Florida, and Bridgend, Wales; Willis Aeronautical Services Inc., its spare parts and materials business, based in Coconut Creek, Florida; Willis Asset Management Limited, its asset management and consulting business based in Bridgend, Wales; and Willis Aviation Services Limited, its airframe MRO, based in Teesside, England. With more than 30 years of aerospace and MRO industry experience, Ms. Vandedrinck has played a pivotal role in driving market share growth in existing and new markets while ensuring top-notch service for airlines and lessors. Ms. Vandedrinck has held key positions at SR Technics, Sikorsky, Barnes Aerospace, Alcoa’s Aerospace Forgings division, Pratt & Whitney, United Technologies, and Fairchild Aircraft. Her varied experience in sales leadership and management positions across different regions has equipped her with a unique perspective on the aerospace industry. Ms. Vandedrinck holds a Bachelor of Science degree in aerospace engineering from Embry-Riddle Aeronautical University and an MBA from the European University. She is also a licensed pilot with proficiency in multiple European languages, enriching her international outlook.
공고 • May 19Willis Lease Finance Corporation Declares Cash Dividend, Payable on June 7, 2024Willis Lease Finance Corporation declared a cash dividend of USD 1 per share of common stock outstanding. The dividend is expected to be paid on June 7, 2024, to shareholders of record at the close of business on May 30, 2024.
Recent Insider Transactions Derivative • May 09Executive VP & CFO notifies of intention to sell stockScott Flaherty intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of May. If the sale is conducted around the recent share price of US$56.42, it would amount to US$288k. Since June 2023, Scott's direct individual holding has increased from 100.24k shares to 110.25k. Company insiders have collectively sold US$3.6m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • May 07Executive VP & CFO recently sold US$354k worth of stockOn the 3rd of May, Scott Flaherty sold around 7k shares on-market at roughly US$53.37 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$875k.
Recent Insider Transactions Derivative • May 05Executive VP & CFO notifies of intention to sell stockScott Flaherty intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of May. If the sale is conducted around the recent share price of US$51.67, it would amount to US$136k. Since June 2023, Scott's direct individual holding has increased from 100.24k shares to 110.25k. Company insiders have collectively sold US$2.7m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$3.13 (vs US$0.58 in 1Q 2023)First quarter 2024 results: EPS: US$3.13 (up from US$0.58 in 1Q 2023). Revenue: US$119.1m (up 36% from 1Q 2023). Net income: US$20.0m (up 459% from 1Q 2023). Profit margin: 17% (up from 4.1% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공고 • Apr 21Willis Lease Finance Corporation, Annual General Meeting, May 22, 2024Willis Lease Finance Corporation, Annual General Meeting, May 22, 2024, at 11:00 Eastern Standard Time. Agenda: To elect two Class II Directors to serve until the 2027 Annual Meeting of Stockholders, specifically and as nominated by the Board of Directors: Colm Barrington and Austin C. Willis. The Board of Directors recommends that you vote FOR this proposal; to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for officer exculpation, the Board of Directors recommends that you vote FOR this proposal; and to consider an advisory vote ratifying the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2024.
Recent Insider Transactions • Apr 20Executive VP & CFO recently sold US$126k worth of stockOn the 18th of April, Scott Flaherty sold around 3k shares on-market at roughly US$50.39 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$516k.
Recent Insider Transactions Derivative • Apr 19Executive VP & CFO notifies of intention to sell stockScott Flaherty intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of April. If the sale is conducted around the recent share price of US$50.38, it would amount to US$111k. Since June 2023, Scott's direct individual holding has increased from 100.24k shares to 112.85k. Company insiders have collectively sold US$2.6m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Mar 26Willis Lease Finance: Upside Remains On Book ValueSummary Willis Lease Finance Corporation specializes in engine leasing and spare parts, providing solutions that minimize downtime for airplanes. The company saw revenue growth of 34.2%, driven by a growing pool of engines placed on lease and higher utilization. Valuation approaches suggest that the stock is undervalued, with a potential upside of 24% based on price-to-book and 35% based on EV/EBITDA. Read the full article on Seeking Alpha
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: US$6.40 (vs US$0.35 in FY 2022)Full year 2023 results: EPS: US$6.40 (up from US$0.35 in FY 2022). Revenue: US$418.6m (up 39% from FY 2022). Net income: US$40.4m (up US$38.3m from FY 2022). Profit margin: 9.6% (up from 0.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions Derivative • Feb 12Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of February. If the sale is conducted around the recent share price of US$49.77, it would amount to US$59k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 921.84k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Jan 22Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of January. If the sale is conducted around the recent share price of US$46.49, it would amount to US$106k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 942.64k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Jan 11Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of January. If the sale is conducted around the recent share price of US$47.70, it would amount to US$199k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 952.47k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Dec 31Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of December. If the sale is conducted around the recent share price of US$48.44, it would amount to US$69k. Since March 2023, Charles' direct individual holding has decreased from 958.15k shares to 956.35k. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.
공고 • Dec 28Willis Lease Finance Corporation Announces Board ChangesWillis Lease Finance Corporation announced the appointment of Brendan Curran to its Board of Directors, effective January 1, 2024. With a distinguished career in the aerospace industry spanning nearly four decades, Mr. Curran brings a wealth of experience across the engine and airframe segments. He has significant experience in business and operations leadership, engineering, mergers & acquisitions, restructuring, and global business development. Most notably, Mr. Curran’s expertise aligns well with WLFC’s vision and mission, making him a valuable addition to the Board. Mr. Curran is currently an operating resource and advisor to ATL Partners (a New York based private equity firm specializing in mergers & acquisitions). He also serves as Chairman of the Board of Aero Accessories, a leading independent component maintenance facility based in Miramar, FL. Mr. Curran’s leadership experience includes public company senior executive roles at Pratt & Whitney Commercial Engines, Boeing Global Services, Bombardier Services, Crane Aerospace & Electronics, and Hamilton Sundstrand. Mr. Curran graduated from Columbia Business School with a Master of Business Administration degree and earned his Bachelor of Science degree in mechanical engineering from the University of Vermont. While at Columbia, he was awarded the Center for International Business Fellowship. Director Hans Joerg Hunziker submitted his resignation from the Board, which resignation was accepted and is effective December 31, 2023.
Recent Insider Transactions • Dec 17President recently sold US$79k worth of stockOn the 14th of December, Brian Hole sold around 2k shares on-market at roughly US$47.73 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$621k. Brian has been a net seller over the last 12 months, reducing personal holdings by US$229k.
Recent Insider Transactions Derivative • Dec 15President notifies of intention to sell stockBrian Hole intends to sell 1k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of December. If the sale is conducted around the recent share price of US$47.67, it would amount to US$66k. Since March 2023, Brian's direct individual holding has increased from 78.90k shares to 92.78k. Company insiders have collectively sold US$2.0m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Nov 26Independent Director notifies of intention to sell stockHans Hunziker intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of November. If the sale is conducted around the recent share price of US$44.82, it would amount to US$67k. Since June 2023, Hans' direct individual holding has increased from 25.49k shares to 26.49k. Company insiders have collectively sold US$1.9m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Nov 17Founder & Executive Chairman recently sold US$129k worth of stockOn the 9th of November, Charles Willis sold around 3k shares on-market at roughly US$43.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Charles has been a net seller over the last 12 months, reducing personal holdings by US$696k.
Recent Insider Transactions Derivative • Nov 12Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of November. If the sale is conducted around the recent share price of US$43.00, it would amount to US$129k. Since December 2022, Charles' direct individual holding has increased from 958.15k shares to 1.03m. Company insiders have collectively sold US$851k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$2.17 (vs US$0.91 in 3Q 2022)Third quarter 2023 results: EPS: US$2.17 (up from US$0.91 in 3Q 2022). Revenue: US$105.7m (up 41% from 3Q 2022). Net income: US$13.8m (up 148% from 3Q 2022). Profit margin: 13% (up from 7.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions Derivative • Sep 22President notifies of intention to sell stockBrian Hole intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of September. If the sale is conducted around the recent share price of US$43.02, it would amount to US$146k. Since March 2023, Brian's direct individual holding has increased from 78.90k shares to 96.72k. Company insiders have collectively sold US$851k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Sep 03Independent Director recently sold US$76k worth of stockOn the 31st of August, Hans Hunziker sold around 2k shares on-market at roughly US$42.55 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$210k. Insiders have been net sellers, collectively disposing of US$851k more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Sep 02Independent Director notifies of intention to sell stockHans Hunziker intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of August. If the sale is conducted around the recent share price of US$45.13, it would amount to US$90k. Since June 2023, Hans' direct individual holding has increased from 25.49k shares to 28.49k. Company insiders have collectively sold US$775k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Aug 28Founder & Executive Chairman recently sold US$119k worth of stockOn the 23rd of August, Charles Willis sold around 3k shares on-market at roughly US$43.57 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$238k. Charles has been a net seller over the last 12 months, reducing personal holdings by US$567k.
Recent Insider Transactions Derivative • Aug 25Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of August. If the sale is conducted around the recent share price of US$43.57, it would amount to US$119k. Since December 2022, Charles' direct individual holding has increased from 958.15k shares to 1.03m. Company insiders have collectively sold US$647k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$2.04 (vs US$0.83 in 2Q 2022)Second quarter 2023 results: EPS: US$2.04 (up from US$0.83 in 2Q 2022). Revenue: US$109.0m (up 43% from 2Q 2022). Net income: US$13.0m (up 156% from 2Q 2022). Profit margin: 12% (up from 6.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Capps McKeating was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공고 • Jun 23Willis Lease Finance Corporation, Annual General Meeting, Jul 25, 2023Willis Lease Finance Corporation, Annual General Meeting, Jul 25, 2023, at 15:00 US Eastern Standard Time. Agenda: To elect one Class I Director; to cast an advisory vote on approval of executive compensation; to approve an amendment and restatement of 2021 Incentive Stock Plan to increase the number of authorized shares issuable thereunder by 1,750,000 shares, and to extend the expiration date of the plan by two years and to cast an advisory vote ratifying the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2023.
Recent Insider Transactions • Jun 15Founder & Executive Chairman recently sold US$210k worth of stockOn the 7th of June, Charles Willis sold around 5k shares on-market at roughly US$41.99 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$238k. Charles has been a net seller over the last 12 months, reducing personal holdings by US$448k.
Recent Insider Transactions Derivative • Jun 10Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of June. If the sale is conducted around the recent share price of US$41.00, it would amount to US$205k. Since June 2022, Charles' direct individual holding has increased from 987.95k shares to 1.04m. Company insiders have collectively sold US$437k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Jun 02Founder & Executive Chairman recently sold US$238k worth of stockOn the 30th of May, Charles Willis sold around 6k shares on-market at roughly US$38.36 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Charles' only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • May 30Founder & Executive Chairman notifies of intention to sell stockCharles Willis intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of May. If the sale is conducted around the recent share price of US$41.90, it would amount to US$210k. Since June 2022, Charles' direct individual holding has increased from 987.95k shares to 1.02m. Company insiders have collectively sold US$458k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • May 26Executive VP & CFO recently sold US$55k worth of stockOn the 23rd of May, Scott Flaherty sold around 1k shares on-market at roughly US$42.17 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$406k.
Recent Insider Transactions • May 16President recently sold US$52k worth of stockOn the 15th of May, Brian Hole sold around 1k shares on-market at roughly US$45.87 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brian has been a net seller over the last 12 months, reducing personal holdings by US$282k.
Recent Insider Transactions Derivative • May 15President notifies of intention to sell stockBrian Hole intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of May. If the sale is conducted around the recent share price of US$44.90, it would amount to US$376k. Since June 2022, Brian's direct individual holding has increased from 77.90k shares to 99.71k. Company insiders have collectively sold US$763k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$0.58 (vs US$3.70 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.58 (up from US$3.70 loss in 1Q 2022). Revenue: US$89.5m (up 34% from 1Q 2022). Net income: US$3.57m (up US$25.6m from 1Q 2022). Profit margin: 4.0% (up from net loss in 1Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance.