earnings
confidence high
sentiment positive
materiality 0.75
Montrose Environmental FY2021 revenue $546.4M (+66.5%), net loss narrows; issues FY2022 outlook
Onterris, Inc.
2022-FY EPS reported
-$1.56
revenue$546,413,000
- FY2021 revenue $546.4M (+66.5% YoY); organic growth 37% (incl. CTEH) or 17% (excl. CTEH).
- FY2021 net loss $25.3M vs $57.9M loss in 2020; Adjusted EBITDA $77.6M (+42.5%).
- Q4 revenue $143.8M (+32.2%); Adjusted EBITDA $18.4M (flat YoY); net loss $1.5M.
- Acquired Environmental Standards, Inc. in Jan 2022; entered interest rate swap on $100M at 1.39% to Jan 2025.
- FY2022 guidance: revenue $520-570M, Adjusted EBITDA $73-78M; CTEH revenue expected >$100M.