earnings
confidence high
sentiment positive
materiality 0.70
Bridger Aerospace reports record 2024 revenue of $98.6M, net loss improves 80%, initiates 2025 guidance
Bridger Aerospace Group Holdings, Inc.
- 2024 revenue $98.6M (+48% YoY); Q4 revenue $15.6M vs $1.1M in Q4 2023.
- Net loss improved to $15.6M in 2024 from $77.4M in 2023; Adjusted EBITDA doubled to $37.3M.
- Cash and cash equivalents $39.3M at year-end; operating cash flow $9.4M in 2024.
- 2025 guidance: revenue $105M-$111M, Adjusted EBITDA $42M-$48M, representing ~20% growth at midpoint.
- Secured $20.1M DOI contract in Jan 2025; Spanish Super Scooper return-to-service work progressing.