secwatch.observer — SEC 8-K summary
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Issuer:     Custom Truck One Source, Inc. (CTOS)
CIK:        0001709682
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001709682-22-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTOS reports FY2021 pro forma revenue up 9.4% to $1.48B; Adj. EBITDA up 9.5%; issues 2022 outlook
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- Pro forma FY revenue $1,483.6M (+9.4% YoY); pro forma Adj. EBITDA $323.1M (+9.5% YoY).
- Q4 total revenue $356.4M; Adj. EBITDA $95.6M vs $84.4M in Q3 2021.
- Q4 net loss $3.7M (improved from $20.5M in Q3); FY net loss $181.5M includes $61.7M debt extinguishment.
- 2022 guidance: revenue $1,565M-$1,750M; Adj. EBITDA $385M-$410M.
- Sales order backlog $411.6M (+21.6% sequentially); fleet utilization 83.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709682/000170968222000029/0001709682-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709682/000170968222000029/nsco-20220310.htm
  HTML page:      https://secwatch.observer/filing/0001709682-22-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer