secwatch.observer — SEC 8-K summary
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Issuer:     NCS Multistage Holdings, Inc. (NCSM)
CIK:        0001692427
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001437749-25-006835
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCS Multistage Q4 2024 revenue +28% YoY to $45M; FY net income $6.6M vs loss in 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692427/000143774925006835/0001437749-25-006835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692427/000143774925006835/ncsm20240618_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-006835

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer