Concrete Pumping Holdings Q4 revenue $111.5M, adj EBITDA $33.7M; FY net income down to $14.5M

Concrete Pumping Holdings, Inc.

Q4 revenue $111.5M vs $120.2M YoY; net income unchanged at $9.4M; diluted EPS $0.16.
FY2024 revenue $425.9M vs $442.2M; net income $14.5M vs $30.0M; diluted EPS $0.26 vs $0.54.
Adjusted EBITDA Q4 $33.7M (30.2% margin) vs $35.8M (29.8%); FY $112.1M vs $124.6M.
Debt $375M, net debt $332M, leverage 3.0x; liquidity $378M vs $216.7M a year ago.
U.S. Concrete Waste Mgmt double-digit organic growth offset by pumping volume declines due to high interest rates.

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