secwatch.observer — SEC 8-K summary
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Issuer:     Capstone Holding Corp. (CAPS)
CIK:        0000887151
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001213900-25-111353
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capstone Q3: pro forma revenue up 19% to $41.2M, EBITDA up 46%; M&A adds $26M annual revenue, targeting $100M run-rate
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- Pro forma revenue $41.2M, up 19% YoY; pro forma adjusted EBITDA +46% YoY; gross profit +34% YoY.
- Two H2 2025 acquisitions expected to add $26M in annualized revenue; second $15M deal closing before Dec 15.
- Acquisition pipeline at 4–6x EBITDA valuations with 20–45% non-cash consideration; three to four deals targeted in 2026.
- Company targeting $100M revenue run-rate by early 2026, citing rate cuts and housing undersupply as tailwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887151/000121390025111353/0001213900-25-111353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887151/000121390025111353/ea0265987-8k_caps.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-111353

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer