Top Page
Avation
(LSE:AVAP)
Avation (AVAP) vs. S&P 500 (SPY)
Avation Business Overview & Revenue Model
Avation Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 89.48M | 93.65M | 109.84M | 110.79M | 138.50M |
| Gross Profit | ||||
| -3.83M | -14.31M | 3.05M | 4.24M | 34.65M |
| EBIT | ||||
| 83.22M | 70.63M | 90.18M | -62.71M | 70.36M |
| EBITDA | ||||
| 29.70M | 20.48M | 40.80M | 79.44M | 103.24M |
| Net Income Common Stockholders | ||||
| 19.73M | 12.19M | 17.13M | -84.89M | 9.71M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 34.31M | 128.14M | 122.89M | 122.47M | 114.58M |
| Total Assets | ||||
| 1.14B | 1.18B | 1.22B | 1.28B | 1.42B |
| Total Debt | ||||
| 675.50M | 755.98M | 828.13M | 947.64M | 1.07B |
| Net Debt | ||||
| 651.94M | 639.07M | 708.96M | 825.17M | 957.15M |
| Total Liabilities | ||||
| 885.92M | 937.96M | 989.93M | 1.13B | 1.19B |
| Stockholders Equity | ||||
| 256.39M | 241.63M | 227.09M | 156.94M | 220.95M |
| Cash Flow | Free Cash Flow | |||
| 81.56M | 48.38M | 54.46M | 62.18M | 29.77M |
| Operating Cash Flow | ||||
| 81.57M | 48.39M | 54.48M | 62.28M | 88.51M |
| Investing Cash Flow | ||||
| 13.21M | 38.52M | 65.62M | 20.08M | -58.74M |
| Financing Cash Flow | ||||
| -96.03M | -97.36M | -109.90M | -92.59M | -56.17M |
Avation Technical Analysis
Avation Peers Comparison
Avation Corporate Events
Avation PLC has repurchased US$3 million of its Senior PIK Toggle Notes due 2026, at 97.50% of face value, under its global medium term note programme. This move reduces the outstanding notes to US$326,555,981, potentially strengthening Avation’s financial position and demonstrating its commitment to managing debt effectively.
Spark’s Take on GB:AVAP Stock
According to Spark, TipRanks’ AI Analyst, GB:AVAP is a Outperform.
Avation’s overall score reflects a company with significant operational improvements and strategic financial decisions. Key strengths include enhanced operational efficiency and positive corporate events such as fleet expansion and debt reduction. However, revenue volatility and high leverage remain challenges. The attractive valuation adds a positive dimension to the overall outlook.
To see Spark’s full report on GB:AVAP stock, click here.
Avation PLC has announced a new six-year lease agreement with Colombian airline Clic Air for an ATR 72-600 aircraft, marking the company’s entry into the South American market. This strategic move is expected to enhance Avation’s growth and expand its market presence, while establishing a new customer relationship with Clic Air.
Spark’s Take on GB:AVAP Stock
According to Spark, TipRanks’ AI Analyst, GB:AVAP is a Neutral.
Avation’s overall stock score of 68 reflects a company with significant operational improvements and strategic financial decisions. Strengths include enhanced operational efficiency and strategic corporate events, such as fleet expansion and debt reduction. However, challenges like revenue volatility and high leverage still require attention. The attractive valuation adds a positive dimension to the overall outlook.
To see Spark’s full report on GB:AVAP stock, click here.
Avation PLC has announced the grant of 565,000 share warrants to its directors and employees as part of its long-term incentive plan. These warrants, issued at an exercise price of 132 pence per share, are designed to align with the company’s Remuneration Policy and will vest over three years. This move is expected to enhance employee engagement and align the interests of the staff with those of the shareholders, potentially impacting the company’s operational dynamics and market positioning.
Spark’s Take on GB:AVAP Stock
According to Spark, TipRanks’ AI Analyst, GB:AVAP is a Neutral.
Avation PLC’s stock is moderately attractive with a score of 69. Key strengths include improved operational efficiency and strategic initiatives such as fleet expansion and debt management. However, challenges like revenue volatility and high leverage require attention. The low P/E ratio suggests undervaluation, and recent positive corporate events bolster the company’s growth prospects.
To see Spark’s full report on GB:AVAP stock, click here.
Avation PLC has successfully completed the acquisition of an Airbus A320 aircraft, which will be leased to Etihad Airlines until October 2031. This acquisition expands Avation’s fleet to 33 aircraft and enhances its customer base by adding a high-credit airline, further diversifying its operations across 16 airlines in 14 countries.
Avation PLC announced the effective listing and commencement of trading for 278,371 new ordinary shares on the London Stock Exchange as of March 21, 2025. This move increases the total number of ordinary shares in issue to 74,950,257, with 66,820,257 total voting rights, potentially impacting shareholder voting percentages.
Avation PLC has repurchased US$2,000,000 of its Senior PIK Toggle Notes due 2026 at 98.5% of face value, reducing the outstanding notes to US$329,555,981. This strategic move is part of Avation’s efforts to manage its debt portfolio, potentially strengthening its financial position and enhancing its market competitiveness.
Avation PLC announced the allotment of 278,371 new ordinary shares following the exercise of staff and listed warrants, representing approximately 0.37% of the company’s enlarged capital. This exercise generated proceeds of £296,721.42, which will be used for general corporate purposes. The new shares are expected to be admitted to trading on the London Stock Exchange by 19 March 2025. Additionally, Robert Jeffries Chatfield, a director, increased his holdings to 18.53% of the voting rights through subscription and a trust transfer, reflecting significant insider engagement and potential confidence in the company’s future.
Avation PLC announced the repurchase of 30,000 ordinary shares at a price of 138 pence per share, which is significantly below the company’s net asset value per share as of December 2024. This transaction affects the total number of voting rights, which is now 66,541,886, and may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
Avation PLC announced the repurchase of 300,000 ordinary shares at 138 pence per share, a significant discount compared to the company’s net asset value per share as of December 2024. This transaction reduces the total number of voting rights to 66,571,886, impacting shareholder calculations under FCA’s rules.
Avation PLC reported strong financial results for the six months ending December 2024, with revenue and EBITDA showing significant growth. The company achieved full fleet utilization, reduced net indebtedness, and improved its credit risk profile by adding Etihad Airlines as a lessee. Avation’s strategic focus on modern, low-emission aircraft and revenue diversification is supported by a new $85 million financing facility, enhancing cash flow and reducing leverage. The company plans to grow its fleet with new aircraft deliveries and is considering a move to the Main Market of the London Stock Exchange to boost capital market visibility.
Avation PLC has announced the acquisition of an Airbus A320, which is currently leased to Etihad Airlines. This transaction enhances Avation’s narrow-body aircraft fleet and adds a high credit quality airline to its customer list. The acquisition, expected to close in March 2025, is part of Avation’s strategy to improve revenue diversification and overall credit quality. Additionally, Avation reported an increase in the average remaining lease term of its fleet, marking the first rise in this metric since the end of the COVID pandemic.
Avation PLC, a global commercial passenger aircraft leasing company, plans to release its Interim Results for the six months ended 31 December 2024. The company has organized an investor update call on 25 February 2025 to discuss these results and engage with stakeholders, showcasing its commitment to transparency and investor relations.
Avation PLC has secured an $85 million expandable portfolio financing facility with a major international bank to refinance select aircraft in its fleet and potentially add new ones. This move is expected to significantly enhance Avation’s cash flow and financial position, demonstrating strategic growth and financial prudence within the competitive aircraft leasing industry.
Avation PLC, a UK-based company, announced a change in its major holdings as HSBC Holdings plc has adjusted its voting rights in the company. The transaction, which occurred on February 10, 2025, saw HSBC’s voting rights in Avation PLC decrease from 5.894% to 4.974%. This development indicates a shift in shareholder dynamics, possibly affecting Avation’s governance and strategic decision-making moving forward.
Avation PLC has announced a change in the holding of its voting rights, with Rangeley Capital LLC and Jeremy Michael Kersten Raper acting in concert to hold 15.94% of the voting rights. This increase from a previous position of 14.90% signifies a strategic move by these stakeholders, potentially impacting Avation’s decision-making and governance as they consolidate their influence.
Avation PLC has announced a change in the voting rights held by IG Markets Limited, a subsidiary of IG Group Holdings. The acquisition or disposal of voting rights has resulted in IG Markets Limited holding a 5.534582% stake in Avation, which reflects a decrease from its previous position. This adjustment in holdings could influence Avation’s corporate governance and decision-making processes, considering the impact of its major stakeholders on company operations.
Avation PLC has announced that the early termination option for the lease of a Boeing 777-300ER with Philippine Airlines has not been exercised, ensuring the lease will continue until December 2029. This development provides the company with certainty regarding lease economics and allows Avation to focus on expanding its narrow body aircraft portfolio, with its current fleet fully placed and utilized.