Capstone completes FCHI acquisition; audited 2024 revenue $16.4M, net income $18K

Capstone Holding Corp.

Acquisition closed Dec 1, 2025; purchased assets of CSIA and all shares of Fraser Canyon Holdings (FCHI).
FCHI audited FY2024: revenue $16.42M, net income $18,474, total assets $7.26M.
FCHI had $4.92M inventory, $2.51M retained earnings, $5.13M total liabilities as of Dec 31, 2024.
Unaudited pro forma combined financials for YE 2024 and nine months ended Sep 30, 2025 filed as exhibits.
Auditor consent from GBQ Partners LLC included; FCHI operates stone distribution in Canada and US.

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