Climb Global Solutions reports record FY 2024: net income up 51%, adjusted net income up 64%

Climb Global Solutions, Inc.

FY 2024 net sales $465.6M (+32% YoY); net income $18.6M ($4.06 EPS) vs $12.3M ($2.71 EPS) in FY 2023.
Adjusted net income FY 2024 $24.0M ($5.26 EPS); adjusted EBITDA $39.6M (+61% YoY).
Q4 2024 net sales $161.8M (+51% YoY); net income $7.0M ($1.52 EPS); adjusted EBITDA $16.1M (+75%).
Board declared quarterly dividend of $0.17/share payable March 21 to holders of record March 17.
Cash $29.8M; $0.8M debt; $50M revolver undrawn; DSS acquisition accretive in H2 2024.

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