Alta Equipment Q4 net loss $11.4M; full-year Adj. EBITDA down 12.1% to $168.3M

ALTA EQUIPMENT GROUP INC.

Q4 total revenues $498.1M (-4.5% YoY); net loss available to common $11.4M ($0.34/sh loss) vs $2.7M loss in Q4 2023.
Full-year 2024 net loss available to common $65.1M ($1.96/sh) vs income $5.9M ($0.18/sh) in 2023.
Q4 Adjusted EBITDA $40.7M (-18.1% YoY); full-year $168.3M (-12.1% YoY).
2025 guidance: Adjusted EBITDA between $175M and $190M.
CEO cites elevated interest rates, election uncertainty, and oversupply pressuring construction equipment margins.

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