Core Points - Concrete Pumping Holdings, Inc. announced a private placement offering of $400 million in senior secured second lien notes due 2032 [1] - The proceeds from the notes will be used to redeem existing 6.000% senior secured second lien notes due 2026, cover related fees, and for general corporate purposes [1] Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands [3] - The company operates a large fleet of specialized pumping equipment and trained operators, facilitating labor cost savings, shorter placement times, enhanced safety, and improved construction quality [3] - As of October 31, 2024, the company provided services from approximately 90 locations across 22 states in the U.S., 35 locations in the U.K., and 20 locations for waste management in the U.S. and one in the U.K. [3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38166 CONCRETE PUMPING HOLDINGS, INC. (Exact name of Registrant as specified in its charter) (State or Other Jurisd ...

Financial Data and Key Metrics - The company will reference non-GAAP financial measures including adjusted EBITDA, net debt, and free cash flow, which are considered useful for investors [4] Business Line Data and Key Metrics - No specific data or metrics related to individual business lines were provided in the content Market Data and Key Metrics - No specific data or metrics related to individual markets were provided in the content Company Strategy and Industry Competition - No specific information on company strategy or industry competition was provided in the content Management Commentary on Operating Environment and Future Outlook - The company will make forward-looking statements regarding its business and outlook, which are subject to risks and uncertainties that could cause actual results to differ materially [3] Other Important Information - The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise [3] Summary of Q&A Session - No Q&A session content was provided in the content

NASDAQ: BBCP INVESTOR PRESENTATION | January 2025 Disclaimer Forward-Looking Statements This investor presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The Company's actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "f ...

Earnings Performance - Concrete Pumping reported quarterly earnings of $0 16 per share, beating the Zacks Consensus Estimate of $0 14 per share, representing a 14 29% earnings surprise [1] - The company posted revenues of $111 48 million for the quarter ended October 2024, surpassing the Zacks Consensus Estimate by 1 26%, compared to year-ago revenues of $120 2 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates once and revenue estimates once [2] Stock Performance and Market Comparison - Concrete Pumping shares have lost about 0 3% since the beginning of the year, underperforming the S&P 500's gain of 0 5% [3] - The stock is currently rated Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Earnings Outlook and Estimate Revisions - The current consensus EPS estimate is -$0 06 on $89 7 million in revenues for the coming quarter and $0 31 on $428 2 million in revenues for the current fiscal year [7] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5] - The estimate revisions trend for Concrete Pumping is mixed ahead of the earnings release [6] Industry Context - Concrete Pumping belongs to the Zacks Waste Removal Services industry, which is currently in the bottom 31% of the 250 plus Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Comparison - Xylem, another company in the same industry, is expected to post quarterly earnings of $1 13 per share, representing a year-over-year change of +14 1%, with revenues expected to be $2 19 billion, up 3 3% from the year-ago quarter [9]

Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2024 Results Exhibit 99.1 ● Revenue of $425.9 million compared to $442.2 million. ● Gross profit of $165.8 million compared to $178.3 million. ● Income from operations of $49.3 million compared to $61.5 million. ● Net income attributable to common shareholders of $14.5 million compared to $30.0 million. Diluted earnings per share of $0.26 compared to $0.54 per diluted share. ● Adjusted EBITDA1 of $112.1 million compared to $124.6 million, with ...

Core Insights - Concrete Pumping Holdings, Inc. reported financial results for Q4 and fiscal year 2024, highlighting challenges in the U.S. Concrete Pumping segment due to high interest rates and increased commercial building vacancy rates, while the Concrete Waste Management business showed strong growth [4][5][12]. Financial Performance Summary - Q4 2024 revenue was $111.5 million, down from $120.2 million in Q4 2023, primarily due to a decline in the U.S. Concrete Pumping segment [5][6]. - Fiscal year 2024 revenue totaled $425.9 million, a decrease from $442.2 million in fiscal year 2023, attributed to a slowdown in commercial construction and adverse weather events [12][15]. - Gross profit for Q4 2024 was $46.2 million, compared to $48.9 million in Q4 2023, with a gross margin improvement to 41.5% from 40.7% [6][8]. - For fiscal year 2024, gross profit was $165.8 million, down from $178.3 million in fiscal year 2023, with a gross margin of 38.9% compared to 40.3% [13][15]. Segment Performance - U.S. Concrete Pumping revenue in Q4 2024 was $74.5 million, down 12.3% from $85.0 million in Q4 2023, with net income decreasing to $2.0 million from $2.6 million [17][18]. - U.K. Operations revenue in Q4 2024 was $17.1 million, slightly down from $17.4 million in the prior year, with adjusted EBITDA increasing by 18% to $5.2 million [20]. - U.S. Concrete Waste Management Services revenue increased by 11% in Q4 2024 to $19.8 million, driven by organic growth and pricing improvements [22][23]. Management Commentary - The CEO noted that despite challenges in the U.S. pumping market, disciplined fleet management improved adjusted EBITDA margins and free cash flow, which increased by 5% year-over-year [4][6]. - The company anticipates continued positive momentum in the Concrete Waste Management segment and is positioned for market recovery in fiscal 2025 [4][24]. Liquidity and Debt Management - As of October 31, 2024, the company had total available liquidity of $378.0 million, up from $216.7 million a year ago, and net debt reduced to $332.0 million [16][54]. - The leverage ratio at the end of Q4 2024 was 3.0x, indicating a stable financial position despite revenue declines [6][16]. Fiscal Year 2025 Outlook - The company expects fiscal year 2025 revenue to range between $425.0 million and $445.0 million, with adjusted EBITDA projected between $115.0 million and $125.0 million [24].

Core Insights - Concrete Pumping Holdings, Inc. reported a decline in revenue and adjusted EBITDA for the fourth quarter and fiscal year 2024, primarily due to a slowdown in the U.S. Concrete Pumping segment driven by high interest rates and increased commercial building vacancy rates [3][4][11]. Financial Performance Summary - Fourth quarter revenue was $111.5 million, down from $120.2 million in the same quarter of fiscal year 2023, reflecting a decrease of 7.3% [4][10]. - Fiscal year 2024 revenue totaled $425.9 million, compared to $442.2 million in fiscal year 2023, marking a decline of 3.7% [11][10]. - Adjusted EBITDA for the fourth quarter was $33.7 million, down from $35.8 million year-over-year, with an adjusted EBITDA margin of 30.2% compared to 29.8% [8][10]. - For fiscal year 2024, adjusted EBITDA was $112.1 million, down from $124.6 million in the previous year, with a margin of 26.3% compared to 28.2% [14][10]. Segment Performance - U.S. Concrete Pumping segment revenue in Q4 2024 was $74.5 million, a decrease of 12.3% from $85.0 million in Q4 2023 [16][41]. - U.K. Operations reported Q4 revenue of $17.1 million, slightly down from $17.4 million year-over-year [18][41]. - U.S. Concrete Waste Management Services saw a revenue increase of 11.2% in Q4 2024, reaching $19.8 million compared to $17.8 million in the prior year [20][41]. Cost Management and Profitability - Gross profit for Q4 2024 was $46.2 million, down from $48.9 million in Q4 2023, but gross margin improved to 41.5% from 40.7% due to effective cost control measures [5][10]. - General and administrative expenses decreased by 9% to $27.0 million in Q4 2024 compared to $29.6 million in the prior year [6][10]. - Net income for Q4 2024 was $9.4 million, unchanged from the same quarter in fiscal year 2023, with diluted earnings per share remaining at $0.16 [7][10]. Liquidity and Debt Management - As of October 31, 2024, the company had total available liquidity of $378.0 million, up from $216.7 million a year ago, and net debt reduced to $332.0 million [15][10]. - The leverage ratio at the end of Q4 2024 was 3.0x [10]. Outlook for Fiscal Year 2025 - The company anticipates fiscal year 2025 revenue to range between $425.0 million to $445.0 million, with adjusted EBITDA expected to be between $115.0 million to $125.0 million [23][10].

Core Viewpoint - Concrete Pumping Holdings, Inc. (CPH) will hold a conference call on January 9, 2025, to discuss its financial results for the fourth quarter and fiscal year ended October 31, 2024 [3][4]. Company Overview - CPH is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands such as Brundage-Bone in the U.S., Camfaud in the U.K., and Eco-Pan for waste management [5]. - The company operates approximately 100 branch locations across 21 states in the U.S. and around 30 branch locations in the U.K. for concrete pumping services, along with 20 operating locations for route-based concrete waste management in the U.S. and 1 shared location in the U.K. [5]. Conference Call Details - The conference call will be hosted by CEO Bruce Young and CFO Iain Humphries, followed by a Q&A session [4]. - The call is scheduled for 5:00 p.m. Eastern Time, with dial-in numbers provided for both toll-free and international participants [4]. - A live broadcast of the conference call will be available, along with a replay option from January 9, 2025, after 8:00 p.m. Eastern Time until January 16, 2025 [5].

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Q3 2024 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Cody Slach - IR, Gateway Group Bruce Young - CEO & Director Iain Humphries - CFO & Director Conference Call Participants Andy Wittmann - Baird Luke McFadden - William Blair Brent Thielman - D.A. Davidson Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings Financial Results for the Third Quarter ended Ju ...