secwatch.observer — SEC 8-K summary
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Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001515156-25-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq FY2024: Revenue up 10% to $109M; Adj EBITDA $7.7M vs -$2.6M prior year
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- FY2024 revenue $109.0M (+10% YoY); Q4 revenue $27.0M; ASP up ~14% YoY in Q4, seventh straight double-digit YoY increase.
- FY2024 gross margin 36.2% (up ~410 bps YoY); Q4 gross margin 36.3% vs 49.8% (Q4 2023 included $4.7M non-recurring benefit).
- Net loss improved to $5.1M in FY2024 from $12.2M prior year; Q4 net loss $1.3M vs net income $3.3M.
- Adjusted EBITDA $7.7M for FY2024 vs -$2.6M in FY2023; Q4 Adj EBITDA $3.3M vs $7.2M.
- Closed $30M ABL facility to lower financing costs; GAC facility first production expected before Q1 2025 end; nameplate capacity 25M lbs in H2 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515625000012/0001515156-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515625000012/arq-20250305.htm
  HTML page:      https://secwatch.observer/filing/0001515156-25-000012

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