---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-034049"
form_type: "8-K/A"
ticker: "FRD"
cik: "0000039092"
company_name: "FRIEDMAN INDUSTRIES INC"
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:44:43.382611+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries files Century Metals audited results: $98.8M rev, $4.1M net income in 2024

## Summary
- Century Metals FY2024 net sales $98.8M (down from $103.8M in 2023); net income $4.1M vs $4.2M.
- Total assets $68.6M, liabilities $42.1M at Dec 31, 2024; acquisition closed Aug 29, 2025.
- Pro forma condensed combined financials filed for acquisition of Florida service centers in Miami, Tampa, Orlando.
- Customer concentration: one customer accounted for 11% of 2024 sales ($10.9M).
- Two vendors provided 28% of cost of sales in 2024; line of credit $16.5M at SOFR+2.5%.

## SEC filing metadata
- accession: 0001437749-25-034049
- form_type: 8-K/A
- ticker: FRD
- cik: 0000039092
- company_name: FRIEDMAN INDUSTRIES INC
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39092/000143774925034049/0001437749-25-034049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39092/000143774925034049/frd20251107_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-034049
- JSON: https://secwatch.observer/filing/0001437749-25-034049.json
- Plain text: https://secwatch.observer/filing/0001437749-25-034049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.