This stock no longer trades (delisted June 26, 2026)

Delisted / no longer publicly traded (per market data provider) Everything below is based on the last available data — treat it as historical, not a live read.

Amedeo Air Four Plus Limited

AA4.L

Rental & Leasing Services · Industrials

Price

72.40 GBp

+0.00 (+0.00%)

Market Cap

£188.6M

Exchange

London Stock Exchange

Winston Score

Historical score — this stock no longer trades, so the score is frozen at the last available data.

Data as of Aug 23, 2026 · filings through Sep 30, 2025

How the score breaks down

Quality

Mixed

Growth

Good

Cash Flow

Exceptional

Stability

Mixed

Valuation

Good

Dividends

Good

Share count falling — buybacks

−18.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 374.4M (2021) → 303.9M (2025)

Winston Score History

The full picture

Amedeo Air Four Plus Limited is a specialist aircraft leasing company based in Guernsey. It owns large widebody passenger jets — mainly Airbus A380s and A350s — and leases them to major airlines around the world. The company does not fly planes itself; it simply owns them and rents them out to carriers that need aircraft for their fleets.

The company makes money by collecting lease payments from airlines over long-term contracts, which creates a relatively predictable income stream. Its portfolio is concentrated, with a small number of very large aircraft leased to a handful of airlines, including Emirates. This concentration is both a strength and a weakness — Emirates is one of the world's biggest A380 operators, providing a stable tenant, but any financial trouble at a key airline would hit revenues hard. The A380 is no longer in production, which limits the resale value of these aircraft and remains a significant long-term risk as the fleet ages.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-4.6% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+335.5% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

£0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

7.9%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

£156M cash & investments

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Amedeo Air Four Plus Limited's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

-28.9%

Thin — -28.9% gross margin

Profit after running costs

Operating Margin

25.7%

Excellent — 25.7% operating margin

Return on the money invested

ROCE

6.5%

Weak — 6.5% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+23.1%

Fast-growing sales (+23.1% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

653%

Turns 653% of profit into real cash

Spare cash per sale

FCF Margin

82.8%

Converts sales into free cash efficiently (82.8%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

2.19

Heavy debt load (2.19)

Covers its interest

Interest Cover

2.07x

Tight — interest eats into profit (2.1x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

8.8x

Attractive valuation — P/E 8.8

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year

P/E vs Forward

-6.4

SLOWING

Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

5.52%

Healthy income — 5.52% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record

Dividend Growth

-20.0%

Dividend cut (-20.0% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial