← Concrete Pumping Holdings, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $243.2m |
$258.6m
+6.31%
|
$304.3m
+17.69%
|
$315.8m
+3.78%
|
$401.3m
+27.07%
|
$442.2m
+10.20%
|
$425.9m
-3.70%
|
$392.9m
-7.75%
|
$409.8m
+4.32%
|
|
| Cost of operations | $136.9m |
$143.5m
+4.85%
|
$167.0m
+16.37%
|
$178.1m
+6.64%
|
$237.7m
+33.47%
|
$263.9m
+11.05%
|
$260.0m
-1.48%
|
$241.8m
-7.03%
|
— | |
| Gross profit | $106.3m |
$115.1m
+8.19%
|
$137.3m
+19.34%
|
$137.7m
+0.31%
|
$163.6m
+18.79%
|
$178.3m
+8.98%
|
$165.8m
-6.99%
|
$151.1m
-8.88%
|
$156.9m
+3.84%
|
|
| General and administrative expenses | $58.8m | $91.9m | $111.1m | $99.4m | $113.2m | $116.9m | $116.5m | $109.6m | $110.6m | |
| Income from operations | $40.0m |
$21.6m
-45.91%
|
($31.7m)
-246.77%
|
$38.0m
+219.91%
|
$50.1m
+31.71%
|
$61.5m
+22.63%
|
$49.3m
-19.70%
|
$41.5m
-15.84%
|
$46.3m
+11.60%
|
|
| Interest expense and amortization of deferred financing costs | — | — | — | — | — | ($28.1m) | ($25.9m) | ($31.6m) | $33.6m | |
| Interest income | — | — | — | — | — | $12k | $308k | $1.1m | $1.0m | |
| Other income, net | $55k | $47k | $169k | $117k | $88k | $330k | $406k | $335k | $342k | |
| Total other expense | ($21.4m) | ($34.8m) | ($34.2m) | ($50.5m) | ($15.9m) | ($20.9m) | ($25.0m) | ($31.5m) | — | |
| Income before income taxes | $18.6m | ($13.2m) | ($66.0m) | ($12.4m) | $34.2m | $40.6m | $24.3m | $10.1m | $14.1m | |
| Income tax expense | ($9.8m) | ($3.3m) | ($5.0m) | $2.6m | $5.5m | $8.8m | $8.1m | $3.7m | $5.0m | |
| Net income | $28.4m |
($9.9m)
-134.92%
|
($61.0m)
-515.31%
|
($15.1m)
+75.29%
|
$28.7m
+290.25%
|
$31.8m
+10.86%
|
$16.2m
-49.02%
|
$6.4m
-60.68%
|
$7.4m
+15.63%
|
|
| Basic (in shares) | $3 | ($0) | ($1) | ($0) | $0 | $1 | $0 | $0 | $51.1m | |
| Diluted (in shares) | $2 | ($0) | ($1) | ($0) | $0 | $1 | $0 | $0 | $51.6m | |
| Loss on extinguishment of debt | — | $0 | $0 | ($15.5m) | $0 | — | $0 | ($1.4m) | — | |
| Change in fair value of warrant liabilities | — | — | ($261k) | ($9.9m) | $9.9m | $6.9m | $130k | $0 | — | |
| Less accretion of liquidation preference on preferred stock | ($1.4m) | ($1.6m) | ($1.9m) | ($1.8m) | ($1.8m) | ($1.8m) | ($1.8m) | ($1.8m) | — | |
| Income available to common shareholders | $20.6m | ($11.5m) | ($62.9m) | ($16.8m) | $26.9m | $30.0m | $14.5m | $4.6m | — |