secwatch.observer — SEC 8-K summary
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Issuer:     Climb Global Solutions, Inc. (CLMB)
CIK:        0000945983
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001437749-25-006296
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945983/000143774925006296/0001437749-25-006296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945983/000143774925006296/clmb20240712_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-006296

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