earnings
confidence high
sentiment positive
materiality 0.75
Team Inc. Q4 net loss improves to $7.2M; Adjusted EBITDA up 50.5% to $14.6M
TEAM INC
- Q4 rev $213.3M (flat); gross margin 26.9% (+330bps); Q4 net loss $7.2M vs $23.1M in Q4 2023.
- Q4 Adj EBITDA $14.6M (6.9% rev), up 50.5% YoY; FY Adj EBITDA $54.3M (6.4% rev), up 27.7%.
- Q4 cash from ops $21.6M, Free Cash Flow $19.6M; FY net loss $38.3M vs $75.7M in 2023.
- Refinancing closed March 2025 extended maturities to 2030; blended rate down >100bps.
- 2025 guidance: mid-single digit rev growth, at least 15% Adj EBITDA growth, target margin >=10%.