Energy Services of America reports FY24 revenue up 15.7%, net income $25.1M

Energy Services of America CORP

Fiscal 2024 revenue $351.9M (+15.7% YoY); net income $25.1M ($1.51 diluted EPS) vs $7.4M.
Q4 revenue $104.7M (flat); net income $6.7M ($0.40 diluted EPS) vs $5.7M.
Full-year gross profit $50.0M (+36% YoY); adjusted EBITDA $28.8M vs $20.8M.
FY24 includes $15.6M pre-tax legal judgment ($0.69 per diluted share).
Backlog $243.2M as of Sep 30, 2024; company announced doubling annual dividend.

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