secwatch.observer — SEC 8-K summary
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Issuer:     ProFrac Holding Corp. (ACDC)
CIK:        0001881487
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001104659-25-021138
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProFrac 2024 revenue down to $2.19B, net loss $208M; Q4 net loss $102M; launches Livewire Power
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- Full year 2024 revenue $2.19B vs $2.63B in 2023; net loss $208M vs $59M; adjusted EBITDA $501M (23% margin) vs $688M.
- Q4 2024 revenue $455M vs Q3 $575M; net loss $102M vs $44M; adjusted EBITDA $71M (16% margin) vs $135M.
- Active fleet count up >25% from Q4 trough; pricing stabilized; expects sizable revenue/profit improvement in Q1 2025.
- 2025 capex guidance $250-300M; maintenance capex $150-175M; growth capex $100-125M for fleet upgrades and sand mines.
- Launched Livewire Power in Q4 2024, focused on distributed power generation for e-frac and remote industrial users.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881487/000110465925021138/0001104659-25-021138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881487/000110465925021138/tm258166d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-021138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer