AirSculpt Technologies Reports Robust Q2 2023 Results with Net Income of $1.776M

AirSculpt Technologies,Inc.(AIRS) and its subsidiaries have releas ed their financial results for the second quarter of 2023, showcasing remarkable performance in both revenue and net income. The company reported a net income of $1.776 million for the quarter, marking a substantial increase from the previous year. Additionally, the company's revenue reached an impressive $55.7 million for the same period, reflecting continued growth and success in the market.

Consolidated Balance Sheets Show Strong Asset Growth

Assets Soar to $217.3 Million

AirSculpt Technologies, Inc. and its subsidiaries have witnessed significant growth in their asset base. As of June 30, 2023, the company's total assets stood at $217.3 million, compared to $200.8 million at the end of 2022. This growth can be attributed to the expansion of various asset categories, including property and equipment, intangible assets, and right of use operating lease assets.