earnings
confidence high
sentiment positive
materiality 0.70
Team Inc Q4 net loss narrows to $7.2M; Adj EBITDA +50.5% to $14.6M
TEAM INC
- Q4 revenue $213.3M (flat YoY); gross margin 26.9% (+330 bps); net loss $7.2M vs $23.1M loss in Q4 2023.
- Q4 Adjusted EBITDA $14.6M (6.9% of rev), up 50.5% YoY; operating cash flow $21.6M, FCF $19.6M.
- Full year 2024 rev $852.3M (-1.2%); net loss $38.3M ($8.64/sh) vs $75.7M in 2023; Adj EBITDA $54.3M (+27.7%).
- Guides mid-single-digit rev growth 2025, ≥15% Adj EBITDA growth, targeting 10%+ margin; $10M+ cost savings.
- Closed March 2025 refinancing extending maturities to 2030, lowering blended rate by >100 bps.