Omni Newco 2023 revenue down 29% YoY to $1.32B; net loss $243M

FORWARD AIR CORP

Omni 2023 revenue $1,320.8M vs $1,872.3M in 2022; operating loss $70.6M vs income $116.7M.
Net loss of $243.3M in 2023 vs net income $16.0M in 2022; members' deficit $80.4M.
Long-term debt $1,466.8M, up from $1,347.1M; interest expense $165.4M.
Goodwill $530.3M and intangible assets $746.6M; total assets $1,882.4M.
Updated pro forma combined statements for Forward Air acquisition also filed.

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