<span item_type="fundamental" item_id="177d8aca247f70a6070390c36113b055" counter_id="ST/US/WLFC" env="prod"></span><span item_type="announcement" item_id="513065939505322881" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 157.73 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD 2.21.</p><p>EBIT: As of FY2025 Q1, the actual value is USD 25.25 M.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Revenue</h4><ul><li>Total revenue for the first quarter of 2025 was $157.7 million, a 32.5% increase compared to $119.1 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li><li>Lease rent revenue was $67.7 million, up 28.1% from $52.9 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li><li>Maintenance reserve revenue increased to $54.9 million, a 25.0% rise from $43.9 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li><li>Spare parts and equipment sales were $18.2 million, a significant increase from $3.3 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Pre-tax income for the first quarter of 2025 was $25.3 million, compared to $29.9 million in the first quarter of 2024, reflecting a decrease of 15.5%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li><li>Net income was $16.9 million, down 19.2% from $20.9 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li><li>General and administrative expenses increased by $11.4 million, primarily due to consultant-related fees for the sustainable aviation fuel project.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Cash and cash equivalents as of March 31, 2025, were $32.4 million, compared to $9.1 million as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>Portfolio utilization increased to 86.4% at the end of the first quarter of 2025, compared to 76.7% at the end of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>The company remains confident in the drivers of its business despite market volatility caused by tariffs. The cost of new engines continues to drive operators towards leasing, and the company’s maintenance capabilities provide value and certainty for cost-conscious airlines.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/q12025ex991.htm"></span></li><li>WLFC and Global Engine Maintenance have formed a joint venture to develop an engine test cell facility, expected to reduce turnaround times and strengthen WLFC’s position as a comprehensive solution for engine maintenance.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/wlfc1q25presentationfina.htm"></span></li><li>The ongoing shortage of testing capacity creates significant market demand, and the joint venture is expected to drive growth at WERC-US, increasing throughput and expanding overall capacity.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1018164/000101816425000055/wlfc1q25presentationfina.htm"></span></li></ul>

Willis Lease Financial | 8-K: FY2025 Q1 Revenue: USD 157.73 M