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Dec 31, 2020
BrightView Q1 2021 Earnings Report
Reported first quarter fiscal 2021 results, reflecting solid contract-based business and Adjusted EBITDA growth combined with meaningful margin expansion.
Key Takeaways
BrightView reported a decrease in total revenue to $554.4 million, driven by a decrease in Development Services revenues. Net Loss was $12.0 million. Adjusted EBITDA increased to $52.4 million. The company completed four acquisitions since the beginning of fiscal 2021, with approximately $80 million in annualized revenue.
Total revenue was $554.4 million compared to $570.7 million in the prior year.
Net Loss was $12.0 million compared to $12.6 million in the prior year.
Adjusted EBITDA was $52.4 million compared to $51.7 million in the prior year.
Completed four acquisitions since the beginning of fiscal 2021, with approximately $80 million in annualized revenue.
BrightView
BrightView
BrightView Revenue by Segment
Revenue by Segment
Maintenance Services Revenue
CapyFin.comDevelopment Services Revenue
CapyFin.com Forward Guidance
Provides second quarter fiscal 2021 guidance of $550 million to $600 million in Total Revenue and $44 million to $54 million in Adjusted EBITDA.