Mammoth Energy Q4 2024 net loss $15.5M, revenue $53.2M; full-year net loss $207.3M

MAMMOTH ENERGY SERVICES, INC.

Total revenue Q4 2024: $53.2M (vs $52.8M Q4 2023); full-year revenue $187.9M (down from $309.5M).
Net loss Q4 2024 $15.5M ($0.32/diluted share) vs net loss $6.0M in Q4 2023; full-year net loss $207.3M.
Adjusted EBITDA Q4 2024 of ($4.8M) vs $10.5M in Q4 2023; full-year adjusted EBITDA ($167.5M).
Debt-free balance sheet with ~$86M cash (incl. $21M restricted); revolving credit facility undrawn.
CEO cites signs of improvement, expects potential upside from incremental natural gas demand in 2025.

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