other material
confidence high
sentiment neutral
materiality 0.25
LandBridge files amended 8-K with pro forma financials for 2024 acquisitions
LandBridge Co LLC
- Combined pro forma net income attributable to LandBridge of $17.6M for FY 2024.
- Pro forma basic EPS of $0.73; diluted EPS of $0.45 on 76.5M diluted shares.
- Pro forma total revenues of $148.2M, reflecting East Stateline and Wolf Bone acquisitions.
- Management adjustments add $2.8M in revenue, raising pro forma net income to $18.0M ($0.75 basic).
- Acquisition of ~46,000 surface acres in Reeves and Pecos Counties, Texas closed Dec. 19, 2024.