Why did StandardAero's net profit decline in late 2024?

StandardAero's net profit decline in late 2024 can be attributed to several factors:

1. **One-Time Expenses**: The company incurred one-time expenses related to the IPO, debt refinancing, and integration costs, which are expected to be non-recurring. These expenses negatively impacted the net profit in the quarter.
2. **Military Segment Revenue Decline**: There was a decline in revenue from the military and helicopter end market, primarily due to lower inductions on the Rolls-Royce AE 1107 engine. This decline contributed to the net profit decline as the revenue from this segment decreased.
3. **Challenges in Military Segment Revenue**: The challenges in the military segment revenue, such as the decline in inductions on the Rolls-Royce AE 1107 engine, had a negative impact on the net profit. This is because this segment contributed to the overall revenue and profitability of the company.

In conclusion, the net profit decline in late 2024 for StandardAero can be attributed to a combination of one-time expenses, decline in military segment revenue, and challenges in military segment revenue.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|SAR|SAR.N|Saratoga Investment|2024 Q4|-72.3613633906312|5306752|169|
|SAR|SAR.N|Saratoga Investment|2025 Q1|3199.722872188278|6610438|169|
|SAR|SAR.N|Saratoga Investment|2025 Q2|68.66415457745369|1.3317639E7|169|
|SAR|SAR.N|Saratoga Investment|2025 Q3|317.8444770083186|8834942|169|