Loading...
•
Sep 30, 2022
BrightView Q4 2022 Earnings Report
Reported record revenues for the fourth quarter and fiscal year 2022, anchored by land organic growth of 4.4%.
Key Takeaways
BrightView reported record revenues for the fourth quarter and fiscal year 2022. Total revenue increased by 7.4% to $723.4 million, driven by organic growth and acquisitions. Net income was $15.3 million, and adjusted EBITDA was $91.3 million.
Total revenue of $723.4 million, reflects growth of 7.4%, including 3.4% total organic growth.
Maintenance land organic revenue growth of 2.2%, sixth consecutive quarter of land organic growth.
Development organic revenue growth of 8.5%, reflecting solid recovery.
Net Income of $15.3 million compared to prior year of $26.8 million.
BrightView
BrightView
BrightView Revenue by Segment
Revenue by Segment
Maintenance Services Revenue
CapyFin.comDevelopment Services Revenue
CapyFin.com Forward Guidance
The Company Provides First Quarter Fiscal 2023 Guidance with Total Revenue of $610 - $640 million, and Adjusted EBITDA of $38 - $44 million.
Positive Outlook
- Underpinned by Maintenance and Development organic growth
- Benefits from accretive M&A
Revenue & Expenses
Visualization of income flow from segment revenue to net income