CPH Q4 2021 Earnings Report
Key Takeaways
Concrete Pumping Holdings reported an 11% increase in revenue for Q4 2021 compared to Q4 2020, with growth in all segments. Net income attributable to common shareholders increased to $2.8 million, or $0.05 per diluted share, compared to a net loss of $3.1 million, or $(0.06) per diluted share in the prior year quarter. The company expects continued strong demand across residential and infrastructure segments in fiscal year 2022.
Revenue increased 11% to $87.8 million compared to $79.2 million in the prior year quarter.
Gross profit increased 5% to $37.3 million compared to $35.5 million in the prior year quarter.
Net income attributable to common shareholders increased to $2.8 million, or $0.05 per diluted share, compared to a net loss of $3.1 million, or $(0.06) per diluted share in the prior year quarter.
Adjusted EBITDA was $28.3 million compared to $29.9 million in the prior year quarter.
CPH
CPH
CPH Revenue by Segment
Forward Guidance
The Company expects fiscal year 2022 revenue to range between $360.0 million to $370.0 million, Adjusted EBITDA to range between $115.0 million to $120.0 million, and free cash flow to range between $55.0 million and $60.0 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income