Mar. 11 at 8:24 PM
$BBCP
Earnings
Summary
Concrete Pumping Holdings reported Q1 FY2025 results with revenue of
$86.4 million, down from
$97.7 million in Q1 FY2024.
The company posted a net loss of
$2.6 million, improving from a
$3.8 million loss year-over-year.
Key financial metrics include:
Gross profit of
$31.2 million with improved margin of 36.1%
Adjusted EBITDA of
$17.0 million with stable margin at 19.7%
Available liquidity of
$409.6 million with net debt reduced by
$33.4 million
The company updated its FY2025 guidance, projecting revenue between
$400.0-420.0 million and Adjusted EBITDA of
$105.0-115.0 million.
The board extended the share repurchase program to December 31, 2026, with
$15.1 million available for repurchases.
During Q1, BBCP repurchased 296,267 shares at an average price of
$6.53.
