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Dec 31, 2024
FTAI Infrastructure Q4 2024 Earnings Report
FTAI Infrastructure Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024.
Key Takeaways
FTAI Infrastructure Inc. reported a net loss attributable to stockholders of $137.2 million for Q4 2024, with basic and diluted loss per share of $1.24. Adjusted EBITDA was $29.173 million, and Adjusted EBITDA from Four Core Segments was $39.777 million. The company also declared a cash dividend of $0.03 per share.
Net loss attributable to stockholders for Q4 2024 was $137.236 million.
Basic and diluted loss per share for Q4 2024 was $1.24.
Adjusted EBITDA for Q4 2024 was $29.173 million.
Adjusted EBITDA from Four Core Segments for Q4 2024 was $39.777 million.
Forward Guidance
FTAI Infrastructure Inc. anticipates significant contributions from its Long Ridge, Repauno, and Jefferson Terminal assets, with ongoing M&A opportunities at Transtar.
Positive Outlook
- Expects to generate approximately $160 million of annual Adjusted EBITDA at Long Ridge going forward after debt refinancing and stake purchase.
- Contracted for approximately $50 million of annual Adjusted EBITDA at Repauno for phase two NGL exports.
- Revenue under three long-term contracts at Jefferson commencing this spring and summer, expected to contribute approximately $25 million of annual Adjusted EBITDA.
- Actively pursuing multiple M&A opportunities at Transtar.
- The company's strategic investments in critical infrastructure are expected to generate strong and stable cash flows.
Challenges Ahead
- No specific negative forward guidance was provided in the press release.
- The company's actual results could differ materially from expectations due to various risks and uncertainties.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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