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Alliance Aviation Services Limited
(Sydney:AQZ)
Alliance Aviation Services Limited (AQZ) vs. iShares MSCI Australia ETF (EWA)
Alliance Aviation Services Limited Business Overview & Revenue Model
Alliance Aviation Services Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 766.83M | 760.87M | 637.19M | 506.42M | 365.45M | 307.28M |
| Gross Profit | 180.76M | 493.29M | 192.76M | 75.81M | 23.42M | 60.46M |
| EBITDA | 207.41M | 205.74M | 177.53M | 122.27M | 47.61M | 87.81M |
| Net Income | 57.32M | 57.32M | 60.45M | 36.46M | -5.21M | 33.67M |
Balance Sheet | ||||||
| Total Assets | 1.21B | 1.21B | 998.79M | 779.78M | 666.49M | 605.73M |
| Cash, Cash Equivalents and Short-Term Investments | 96.49M | 96.49M | 31.23M | 22.32M | 20.89M | 36.22M |
| Total Debt | 513.47M | 513.47M | 366.84M | 263.37M | 219.50M | 185.42M |
| Total Liabilities | 736.57M | 736.57M | 588.05M | 430.01M | 353.04M | 287.59M |
| Stockholders Equity | 468.54M | 468.54M | 410.74M | 349.77M | 313.45M | 318.14M |
Cash Flow | ||||||
| Free Cash Flow | -70.04M | -70.04M | -90.41M | -56.06M | -46.86M | -165.88M |
| Operating Cash Flow | 105.64M | 105.64M | 24.74M | 40.88M | 52.45M | 39.80M |
| Investing Cash Flow | -175.67M | -175.67M | -115.09M | -81.91M | -99.31M | -205.68M |
| Financing Cash Flow | 135.28M | 135.28M | 99.26M | 42.45M | 31.53M | 103.30M |
Alliance Aviation Services Limited Technical Analysis
Alliance Aviation Services Limited Peers Comparison
Alliance Aviation Services Limited Corporate Events
Alliance Aviation Services Limited has lodged an application with the ASX for the quotation of 33,771 new fully paid ordinary shares, to be issued on 28 August 2025. The additional shares arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s listed capital base and reflecting ongoing participation in its equity incentive or funding structures, with limited immediate impact on the broader market given the relatively small volume.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has announced the appointment of Jason Korman as a new director, effective December 3, 2025. Mr. Korman, who is also an employee and minority shareholder of Viburnum Funds Pty Ltd, indirectly holds a significant interest in the company through Viburnum’s stake in Alliance Aviation. This appointment is likely to influence the company’s strategic direction and may impact its stakeholder relations, given Mr. Korman’s financial ties to a major shareholder.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has appointed Jason Korman as a Non-Executive Director, marking the completion of its Board’s renewal program. Korman brings extensive experience from the private equity sector, having worked with firms like BGH Capital and Argand Partners. His appointment is expected to enhance the Board’s performance and transparency, aiding Alliance in addressing near-term challenges while laying the groundwork for long-term stability and growth.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited announced the issuance of 402,326 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, reflecting the company’s commitment to incentivizing its workforce and aligning employee interests with company performance.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has updated its constitution, incorporating amendments approved by shareholders. This update reflects the company’s commitment to maintaining compliance with regulatory standards and enhancing its governance framework. The changes are expected to streamline operations and potentially improve shareholder value, indicating a proactive approach to adapting to market and regulatory demands.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited announced a change in the director’s interest, with Stewart Tully acquiring 50,697 performance rights under the company’s Performance Incentive Scheme. This change reflects the company’s commitment to aligning its leadership’s interests with its performance goals, potentially impacting its operational strategies and stakeholder confidence.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited announced a correction to its AGM presentation regarding its financial position. The correction includes an update on the number of Embraer aircraft, now stated as 44 instead of 43, and a clarification on net assets, which are $473.3 million. These updates are crucial for stakeholders as they reflect the company’s asset base and fleet size, potentially impacting its market positioning and operational strategies.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited held its Annual General Meeting on November 27, 2025, where all resolutions were successfully carried. Key decisions included the adoption of the remuneration report, election of directors, approval of securities issuance under a long-term incentive plan, and an amendment to the company’s constitution. These outcomes reflect strong shareholder support and are likely to impact the company’s governance and strategic direction positively.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited announced its 2025 Annual General Meeting, which will take place in Brisbane and be webcast for broader accessibility. The meeting will include a presentation to shareholders, with particular attention to the FY26 earnings guidance, reflecting the company’s strategic focus on future financial performance.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited announced a change in the director’s interest, with Bernard Campbell acquiring an additional 50,000 ordinary fully paid shares through an on-market trade, bringing his total holdings to 107,231 shares. This acquisition reflects a significant increase in Campbell’s stake in the company, potentially signaling confidence in the company’s future performance and stability, which could positively influence stakeholders’ perceptions.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited announced the cessation of Scott McMillan as a director effective November 7, 2025. McMillan held direct interests in 515,318 ordinary shares and 33,771 performance rights, with additional interests through trusts holding over 3.5 million shares. This change in directorship may influence the company’s governance and strategic direction, impacting stakeholders and potentially altering market perceptions.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited announced significant leadership changes with the resignation of founding Managing Director Scott McMillan, who will be succeeded by Stewart Tully. McMillan will remain as a consultant for six months to ensure a smooth transition. Additionally, CFO Andrew Evans will step down, with a recruitment process underway for his replacement. These changes are part of the company’s ongoing efforts to maintain stability and operational excellence, ensuring continuity in its leadership and financial management.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has requested a voluntary suspension of its securities from the Australian Securities Exchange (ASX) due to the need to manage its continuous disclosure obligations. The company anticipates releasing a trading update that will likely show its FY26 earnings to be materially lower than analyst consensus estimates, primarily due to unexpected repairs, maintenance costs, and higher depreciation charges. This suspension will allow Alliance to prepare and verify the financial impact of these expenses before making the announcement.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has requested a trading halt on its securities pending the release of a trading update. This halt will remain in place until the company issues an announcement or until normal trading resumes on November 4, 2025. The trading halt indicates a significant forthcoming announcement that could impact the company’s operations and market positioning.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has announced its 2025 Annual General Meeting (AGM), scheduled for November 27, 2025, at Ballymore Stadium in Queensland. The AGM will be held as a hybrid meeting, allowing both in-person and online participation, ensuring shareholder engagement. Key agenda items include the consideration of financial and remuneration reports, election of new directors, and approval of securities issuance under the Long-Term Incentive Plan. This meeting is crucial for shareholders to stay informed and involved in the company’s governance and strategic direction.
The most recent analyst rating on (AU:AQZ) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has appointed Simon Lange as a Non-Executive Director, enhancing its board with his extensive experience in aviation and capital markets. Lange’s appointment is part of the board’s renewal process aimed at strengthening current operations and exploring new growth opportunities, as Alliance embarks on its next phase of strategic development.
The most recent analyst rating on (AU:AQZ) stock is a Buy with a A$2.58 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.
Alliance Aviation Services Limited has acknowledged media speculation from an article in The Australian but has chosen not to comment on it, affirming its compliance with continuous disclosure obligations. This stance reflects the company’s commitment to maintaining transparency and regulatory adherence, which is crucial for its stakeholders, including investors and clients in the aviation and related sectors.
The most recent analyst rating on (AU:AQZ) stock is a Buy with a A$2.58 price target. To see the full list of analyst forecasts on Alliance Aviation Services Limited stock, see the AU:AQZ Stock Forecast page.