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Jan 31, 2021
CPH Q1 2021 Earnings Report
CPH reported strong Q1 2021 results, demonstrating resilience and operational strength.
Key Takeaways
Concrete Pumping Holdings reported a revenue of $70.4 million and a net loss of $12.8 million for Q1 2021. The company refinanced its debt, improving liquidity and securing favorable interest rates. They continue to expect fiscal year 2021 revenue to range between $300.0 million to $310.0 million, Adjusted EBITDA to range between $105.0 million to $110.0 million, and free cash flow to range between $47.5 million and $52.5 million.
Revenue was $70.4 million, a slight decrease compared to $73.9 million in the prior year.
Net loss was $12.8 million, impacted by a $15.5 million loss on debt extinguishment.
Adjusted EBITDA was $22.4 million with a margin of 31.7%.
The company refinanced its debt, improving liquidity and locking in favorable interest rates.
CPH
CPH
CPH Revenue by Segment
Revenue by Segment
US Concrete Pumping Revenue
CapyFin.comUS Concrete Waste Mgmt Revenue
CapyFin.comUK Operations Revenue
CapyFin.com Forward Guidance
The Company continues to expect fiscal year 2021 revenue to range between $300.0 million to $310.0 million, Adjusted EBITDA to range between $105.0 million to $110.0 million, and free cash flow to range between $47.5 million and $52.5 million.