earnings
confidence high
sentiment positive
materiality 0.80
Suncrete Q1 revenue up 64% to $61.8M, net loss of $1.7M vs prior year profit
Suncrete, Inc.
- Revenue $61.8M, +64% YoY; ready-mix concrete yards delivered +58% YoY.
- Net loss $1.7M vs net income $1.1M in Q1 FY25 (-263% change).
- Adjusted EBITDA $10.2M, +25% YoY; Supplemental Adjusted EBITDA $10.9M, +24% YoY.
- Post-quarter acquisitions: platform acquisition of Hope Concrete and bolt-on of Nelson Bros in Texas and Louisiana.
- Introduced 2026 growth outlook citing Sunbelt infrastructure and commercial demand tailwinds.
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