Acuren FY2024 combined revenue $1.1B, Adj. EBITDA $186.7M; guides 2025 low-mid single-digit growth

TIC Solutions, Inc.

Combined FY2024 revenue $1.097B (+4.5% YoY); Adj. EBITDA $186.7M (17.0% margin, +11.5% YoY).
Combined FY net loss $121.2M due to acquisition-related costs; Q4 Successor net loss $15.6M.
Q4 Successor revenue $262.0M; Adj. EBITDA $40.7M (15.5% margin) driven by lower SG&A.
Cash $139.1M, total debt $754.8M; term loan repriced Jan 2025 saving $5.8M annually; NYSE American listing in Feb 2025.

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