Gencor reports preliminary FY2024 revenue ~$113M, up 7.5% YoY; $130M cash, no debt

GENCOR INDUSTRIES INC

Revenue for FY ended Sep 30, 2024 ~$113M vs $105.1M in FY2023, up ~7.5% YoY.
Cash and marketable securities at Dec 31, 2024 ~$130M vs ~$115M at Sep 30, 2024; no short-term or long-term debt.
Backlog at Dec 31, 2024 ~$51M.
Results are preliminary and unaudited; company delayed 10-K and 10-Q filings for additional audit time.

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