VSE (VSEC)
Distributes aircraft parts and repairs engines, avionics, accessories, wheels, brakes, and other components.
$183.45
After hours+0.03 (+0.02%)
At close$183.42(+1.82%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 231 | 235 | 162 | 193 | 204 | 299 | 256 | 272 | 283 | 301 | 325 | 449 |
| Cost of revenue | 204 | 209 | 144 | 174 | 182 | 267 | 229 | 241 | 249 | 261 | 286 | 373 |
| Gross profit | 28 | 27 | 19 | 19 | 22 | 32 | 27 | 31 | 34 | 40 | 39 | 76 |
| 1 | 1 | 1 | 3 | 1 | 0 | 1 | 8 | 1 | 4 | 6 | 27 | |
| Selling, general & administrative | 1 | 1 | 1 | 3 | 1 | 0 | 1 | 8 | 1 | 4 | 6 | 9 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 |
| Operating income | 27 | 26 | 17 | 16 | 21 | 33 | 26 | 24 | 33 | 36 | 33 | 49 |
| −10 | −9 | −11 | −23 | −10 | −12 | −9 | −7 | −28 | −6 | 1 | −10 | |
| Interest expense | 8 | 9 | 9 | 10 | 9 | 7 | 8 | 7 | 5 | 1 | −1 | 5 |
| Other non-operating income | 2 | 0 | 2 | 13 | 1 | 5 | 1 | 1 | 23 | 5 | 0 | 4 |
| Income before tax | 17 | 16 | 6 | −7 | 11 | 20 | 17 | 16 | 6 | 31 | 34 | 39 |
| Income tax expense | 5 | 3 | 1 | −2 | 2 | 5 | 3 | 2 | 2 | 8 | 5 | 11 |
| Net income from continuing operations | 12 | 13 | 6 | −5 | 9 | 16 | 14 | 14 | 4 | 22 | 29 | 29 |
| Discontinued operations | −3 | −1 | −25 | 3 | 3 | 0 | −23 | 3 | 0 | −9 | 0 | 0 |
| Net income | 10 | 12 | −19 | −3 | 12 | 16 | −9 | 16 | 4 | 14 | 29 | 29 |
| EPS, basic | $0.64 | $0.74 | −$1.22 | −$0.16 | $0.63 | $0.75 | −$0.44 | $0.66 | $0.19 | $0.58 | $1.06 | $0.92 |
| EPS, diluted | $0.64 | $0.73 | −$1.22 | −$0.16 | $0.63 | $0.76 | −$0.43 | $0.66 | $0.19 | $0.58 | $1.04 | $0.91 |
| Weighted average shares, basic | 15 | 16 | 16 | 17 | 18 | 21 | 21 | 21 | 21 | 23 | 27 | 31 |
| Weighted average shares, diluted | 15 | 16 | 16 | 17 | 18 | 21 | 21 | 21 | 21 | 23 | 28 | 31 |
| EBITDA | 31 | 31 | 22 | 10 | 27 | 36 | 34 | 33 | 21 | 42 | 45 | 68 |
| Depreciation & amortization | 5 | 6 | 6 | 7 | 7 | 8 | 10 | 10 | 10 | 11 | 13 | 24 |
| EBIT | 25 | 25 | 16 | 3 | 20 | 27 | 25 | 23 | 11 | 31 | 33 | 44 |