other material
confidence high
sentiment neutral
materiality 0.50
BigBear.ai files updated pro forma financials for Pangiam acquisition; combined 2023 rev $195.8M, net loss $82M
BigBear.ai Holdings, Inc.
- Pro forma combined 2023 revenue $195.8M, net loss $82.0M, EPS –$0.38.
- Pro forma combined 9M 2024 revenue $120.8M, net loss $155.0M, EPS –$0.64.
- Acquisition consideration of $210.8M allocated to Pangiam assets and liabilities.
- Pro forma adjustments include $9K incremental amortization for 2023 and $2K for 2M 2024.