Redwire FY2024 revenue up 24.7% to $304.1M; net loss widens to $114.3M includes warrant loss and litigation

Redwire Corp

Revenue $304.1M, +24.7% YoY; Q4 revenue $69.6M, +9.6% YoY.
FY2024 net loss $(114.3)M includes $52M non-cash warrant loss and $7M litigation contingency.
FY2024 Adjusted EBITDA $(0.8)M vs $15.3M in FY2023; Q4 Adj. EBITDA $(9.2)M vs $1.7M.
Book-to-bill ratio FY2024 0.76 vs 1.23; Q4 0.51; submitted bids $4.1B.
2025 combined guidance (incl. Edge Autonomy): rev $535M-$605M, Adj. EBITDA $70M-$105M, positive FCF.

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