Business
AirSculpt Technologies Announces Its Intent to Delay the Filing of its Annual Report and Provides Business Update
Preliminary Fiscal Year 2025 Revenue of $151.8 Million Refreshed Marketing Strategy Delivers Positive Same-Store Sales in February 2026 Strong Balance Sheet
About this update from Airsculpt Technologies, Inc.
[{"type":"text","content":"Preliminary Fiscal Year 2025 Revenue of $151.8 Million Refreshed Marketing Strategy Delivers Positive Same-Store Sales in February 2026 Strong Balance Sheet and Enhanced Liquidity MIAMI BEACH, Fla., March 16, 2026 (GLOBE NEWSWIRE) -- AirSculpt Technologies, Inc. (NASDAQ:AIRS) (“AirSculpt” or the “Company”), a national provider of premium body contouring procedures, today announced that it expects to file a Form 12b-25 with the U.S. Securities and Exchange Commission (the “SEC”) on or about March 16, 2026, providing the Company a 15-day extension to file its annual report for the fiscal year ended December 31, 2025 on Form 10-K (the “Annual Report”). The extension will give the Company additional time to complete the classification of its inter-company transactions and balances. The Company intends to file the Annual Report as soon as practicable and currently anticipates filing the Annual Report within the fifteen-day grace period provided by Rule 12b-25 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company also issued select financial and liquidity metrics that are not part of the inter-company balances review and an update on current same-store revenue trends. Fiscal 2025 Business Update and 2026 Current Trend: Fiscal 2025 preliminary revenue of $151.8 million with same-store revenue improving to end the year down single digits in December.Fourth Quarter 2025 preliminary revenue of $33.4 million with same-store revenue down approximately 16%.Refreshed marketing strategy delivered positive comparable sales in February; Company expects Q1 2026 revenue of $38.5 - $39.5 million representing same-store revenue of approximately flat at the midpoint.Cash as of March 13, 2026, was $13.0 million and debt was $46.0 million. Yogi Jashnani, Chief Executive Officer, stated: “I am encouraged by the momentum we are seeing as we enter 2026. The significant strategic changes made during the period to recalibrate our marketing, expand into adjacent procedures and tighten our operations drove meaningful improvement in our demand and sales trend at year end and resulted in the delivery of positive revenue in February 2026 compared to the prior year period.” Preliminary Estimated Results The Company’s preliminary estimated results for its fiscal quarter and fiscal year ended December 31, 2025 are preliminary and s...