{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-006835","form_type":"8-K","ticker":"NCSM","cik":"0001692427","company_name":"NCS Multistage Holdings, Inc.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.468751+00:00","generated_at":"2026-05-25T01:44:40.350969+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NCS Multistage Q4 2024 revenue +28% YoY to $45M; FY net income $6.6M vs loss in 2023","bullets":["Q4 net income $3.5M ($1.32 diluted EPS) vs $39.6M ($15.80) year ago which included $40.8M litigation reversal.","Full-year revenue $162.6M (+14% YoY); adjusted EBITDA $22.3M, up 87% from $11.9M in 2023.","International revenue hit record $16.5M (10% of total), up from 5% in 2023.","Cash $25.9M, debt $8.1M; free cash flow after distributions $9.9M, up $7.3M YoY.","Expects 2025 revenue to outperform underlying industry growth but flags FX headwind from US$/CAD strength."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-006835","json":"https://secwatch.observer/filing/0001437749-25-006835.json","markdown":"https://secwatch.observer/filing/0001437749-25-006835.md","text":"https://secwatch.observer/filing/0001437749-25-006835.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692427/000143774925006835/0001437749-25-006835-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692427/000143774925006835/ncsm20240618_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T01:44:40.350969+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}