earnings
confidence high
sentiment positive
materiality 0.80
FreightCar America Q4 adj. EBITDA $13.9M, FY2024 revenue up 56%; 2025 guidance issued
FreightCar America, Inc.
- Q4 2024 revenue $137.7M (+8.8% YoY); adjusted EBITDA $13.9M (+113.8% YoY).
- FY2024 revenue $559.4M (+56%); adjusted EBITDA $43.0M (+113.9%); deliveries up 44% to 4,362 railcars.
- Net loss of ($75.8M) driven by ($99.5M) non-cash warrant liability; adjusted net income $24.5M.
- FY2025 outlook: deliveries 4,500–4,900, revenue $530–$595M, adjusted EBITDA $43–$49M.
- Refinancing expected to save ~$9.2M annually; backlog 2,797 units valued at $266.5M.