Concrete Pumping Holdings, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Gross profit $106.3m $115.1m $137.3m $137.7m $163.6m $178.3m $165.8m $151.1m
Income from operations $40.0m $21.6m ($31.7m) $38.0m $50.1m $61.5m $49.3m $41.5m
Segment Revenue: (1) $243.2m $258.6m $304.3m $315.8m $401.3m $442.2m $425.9m $392.9m
Loss on extinguishment of debt $0 $0 ($15.5m) $0 $0 ($1.4m)
Interest income $12k $308k $1.1m
Change in fair value of warrant liabilities ($261k) ($9.9m) $9.9m $6.9m $130k $0
Other income, net $55k $47k $169k $117k $88k $330k $406k $335k
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
Basic (in shares) $3 ($0) ($1) ($0) $0 $1 $0 $0
Diluted (in shares) $2 ($0) ($1) ($0) $0 $1 $0 $0
Income before income taxes $18.6m ($13.2m) ($66.0m) ($12.4m) $34.2m $40.6m $24.3m $10.1m
Net income $28.4m ($9.9m) ($61.0m) ($15.1m) $28.7m $31.8m $16.2m $6.4m
Cost of operations $136.9m $143.5m $167.0m $178.1m $237.7m $263.9m $260.0m $241.8m
General and administrative expenses $58.8m $91.9m $111.1m $99.4m $113.2m $116.9m $116.5m $109.6m
Interest expense and amortization of deferred financing costs ($28.1m) ($25.9m) ($31.6m)
Income tax expense ($9.8m) ($3.3m) ($5.0m) $2.6m $5.5m $8.8m $8.1m $3.7m
Total other expense ($21.4m) ($34.8m) ($34.2m) ($50.5m) ($15.9m) ($20.9m) ($25.0m) ($31.5m)