United States Lime & Minerals(USLM) - 2024 Q4 - Annual Results

Financial Performance - Revenues for Q4 2024 were $80.1 million, a 21.9$65.7 million in Q4 2023[2] - Full year 2024 revenues reached $317.7 million, up 12.9$281.3 million in 2023[3] - Gross profit for Q4 2024 was $35.4 million, reflecting a 50.2$23.6 million in Q4 2023[4] - Full year gross profit was $144.0 million, a 40.0$102.9 million in 2023[4] - Net income for Q4 2024 was $27.0 million ($0.94 per diluted share), up 58.8% from $17.0 million ($0.60 per diluted share) in Q4 2023[7] - Full year net income was $108.8 million ($3.79 per diluted share), a 46.0% increase from $74.5 million ($2.61 per diluted share) in 2023[7] Expenses and Dividends - SG&A expenses decreased by 5.8% in Q4 2024 to $4.4 million, while increasing by 9.2$19.1 million[5] - The company declared an increased quarterly cash dividend of $0.06 per share, payable on March 14, 2025[10] Market Outlook - The company experienced a slight decrease in overall demand compared to 2023 but remains optimistic for early 2025[8] Corporate Actions - The company executed a 5-for-1 stock split on July 12, 2024, with all share information adjusted accordingly[9]