M&A
confidence high
sentiment positive
materiality 0.80
FTAI Infrastructure files Wheeling financials; revenue $150.5M, net income $30.9M for FY2025
FTAI Infrastructure Inc.
- Wheeling earned $30.9M net income on $150.5M revenue for year ended June 30, 2025 (down from $34.7M/$151.1M in FY2024).
- Total assets $454.7M, stockholder equity $305.0M, zero long-term debt as of June 30, 2025.
- Acquisition price $1.05B cash; funded via $1.25B bridge loan (364-day) and $1B preferred equity/warrants from RR Holdings.
- All Wheeling stock placed in voting trust pending STB approval; will be released to FTAI upon regulatory clearance.
- Operating income $26.0M (17.2% margin) vs $29.4M (19.4%) prior year; depreciation up 22% to $17.4M.