Capstone Q3 FY2025 revenue up 38% to $20.1M; adjusted EBITDA turns positive

Capstone Energy Plus, Inc.

2025-Q3 EPS reported -$0.37 revenue$58,513,000

Q3 revenue $20.1M vs $14.6M YoY; net loss $2.7M vs net income $24.2M prior year (incl. $32.6M reorganization gain).
Adjusted EBITDA improved to $0.5M from -$0.2M YoY; gross margin 25% vs 21%.
Nine-month revenue $58.5M (down 13% YoY); adjusted EBITDA $5.1M vs $0.3M.
Cash $3.3M as of Dec 31, 2024, up $1.2M from Mar 31, 2024; remains covenant-compliant.
Common stock began trading on OTC Pink market on January 6, 2025.

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