AECOM(ACM)

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Allied Critical Metals Closes Final Tranche of Over-Subscribed Non-Brokered Private Placement Upsized to $5.1 Million
Newsfile· 2025-08-18 23:21
Core Viewpoint - Allied Critical Metals Inc. has successfully closed the second and final tranche of its non-brokered private placement offering, raising a total of approximately $5.1 million for ongoing exploration and development activities in its tungsten projects [1][3][6]. Group 1: Offering Details - The final tranche involved the issuance of 2,016,800 units at a price of $0.30 per unit, resulting in gross proceeds of $605,040 [1]. - The total gross proceeds from the entire offering amounted to $5,104,135.80, with a total of 17,013,786 units issued [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.40 for 24 months [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to ongoing exploration and development activities for the Borralha Tungsten Project and Vila Verde Tungsten Project, as well as for additional working capital [3]. Group 3: Company Background - Allied Critical Metals Inc. is focused on the expansion and revitalization of its tungsten projects in northern Portugal, which are critical metals sought after by the U.S. and other western countries [6]. - The tungsten market is valued at approximately $5 to $6 billion and is utilized across various industries, including defense, automotive, manufacturing, electronics, and energy [6].
AECOM's JV With Binnies Wins Changi WRP Expansion Project
ZACKS· 2025-08-18 18:41
Key Takeaways AECOM and Binnies will design and supervise the Changi WRP Phase 3 expansion in Singapore.Expansion adds up to 96M gallons daily treatment capacity, supporting PUB's water system goals.ACM backlog hit record highs in Q3 2025, driving stronger earnings, cash flow, and growth outlook.The joint venture (JV) between AECOM (ACM) and Binnies Singapore, which is an RSK Group company, has been selected by Singapore's National Water Agency, PUB, for the Phase 3 expansion of the Changi Water Reclamation ...
Can AECOM's $24.6B Backlog Weather Economic and Policy Shocks?
ZACKS· 2025-08-16 03:01
Core Insights - AECOM's growth is supported by strong public infrastructure spending in the U.S., driven by federal and state initiatives, enhancing revenue visibility [1][3] - The company's focus on sustainability and innovation aligns with client priorities and global trends, further driving growth [2][7] - AECOM faces challenges from macroeconomic uncertainties and potential project delays, particularly in government contracts [2][9] Public Spending Trends - The Infrastructure Investment and Jobs Act (IIJA) of $1.2 trillion has led to increased public infrastructure demand, with only 36% of the funding spent so far, indicating long-term revenue potential for AECOM [3] - Similar trends are observed in international markets, with the U.K. government announcing a £725 billion investment strategy, and Canada aiming to expedite public infrastructure projects by 60% [4] Financial Performance - AECOM's backlog reached $24.59 billion in Q3 fiscal 2025, a 5% increase from $23.36 billion in the previous year, with net service revenues (NSR) growing 6% to $1.938 billion [5][9] - The Americas segment saw an 8% year-over-year growth, while the International segment grew by 3% [5][9] Competitive Positioning - AECOM's investment in leadership, technical development, and AI capabilities provides a competitive edge, enabling the company to secure large and complex projects [6] - The company aims for 5-8% organic NSR growth annually, with adjusted operating margin and EBITDA margin expansion of 20-30 basis points [6] Sustainability and Innovation - AECOM's focus on digital water systems and energy-efficient infrastructure addresses a $70 billion market opportunity through 2030, particularly in the U.S. and U.K. [7][10] - The company was recently selected for a significant metering project, highlighting the demand for accurate water management solutions [10]
Allied Critical Metals Closes First Tranche of Oversubscribed Non-Brokered Private Placement and Upsize to $5m of the Offering
Newsfile· 2025-08-14 21:24
Allied Critical Metals Closes First Tranche of Oversubscribed Non-Brokered Private Placement and Upsize to $5m of the OfferingAugust 14, 2025 5:24 PM EDT | Source: Allied Critical Metals Inc.Vancouver, British Columbia--(Newsfile Corp. - August 14, 2025) - Allied Critical Metals Inc. (CSE: ACM) (OTCQB: ACMIF) (FSE: 0VJ0) ("Allied" or the "Company") is pleased to announce it has closed the first tranche (the "First Tranche") of the previously announced non-brokered private placement offering (t ...
Here's Why Aecom Technology (ACM) is a Strong Momentum Stock
ZACKS· 2025-08-08 14:51
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Aecom (ACM) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-08-07 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...
AECOM Analysts Boost Their Forecasts After Upbeat Q2 Earnings
Benzinga· 2025-08-06 15:01
Core Insights - AECOM reported better-than-expected second-quarter earnings with a quarterly EPS of $1.34, surpassing the analyst consensus estimate of $1.26, while quarterly sales of $4.178 billion fell short of the expected $4.340 billion [1] - The company raised its FY2025 adjusted EPS guidance from a range of $5.10-$5.20 to $5.20-$5.30, indicating confidence in future performance [2] Company Positioning - AECOM's president highlighted the company's unmatched scale, technical expertise, and innovation, positioning it well to capitalize on long-term growth opportunities in complex projects [2] - The company received top rankings in mass transit, highways, bridges, and remediation from ENR's recent survey, reinforcing its market-leading position [2] Market Reaction - Following the earnings announcement, AECOM shares experienced a slight decline of 0.4%, trading at $118.51 [3] - Analysts adjusted their price targets for AECOM, with Keybanc raising its target from $129 to $131 and UBS increasing its target from $126 to $139, while maintaining positive ratings [5]
ACM Research Reports Second Quarter 2025 Results
GlobeNewswire News Room· 2025-08-06 09:00
Core Viewpoint - ACM Research, Inc. reported strong financial results for Q2 2025, with revenue growth and improved gross margins, while also highlighting advancements in technology and expansion plans in both China and global markets [2][3][11]. Financial Performance - Revenue for Q2 2025 was $215.4 million, a 6.4% increase from $202.5 million in Q2 2024 [11]. - Gross margin improved to 48.5% from 47.8% year-over-year, exceeding the company's long-term target range of 40% to 45% [11]. - Operating income decreased to $31.7 million from $37.6 million, with an operating margin of 14.7% compared to 18.6% in the previous year [11]. - Net income attributable to ACM Research, Inc. was $29.8 million, up from $24.2 million in Q2 2024, resulting in a diluted EPS of $0.44 compared to $0.35 [11][17]. Product and Technology Developments - The company announced major upgrades to its Ultra C wb Wet Bench cleaning tool, which features a patent-pending nitrogen bubbling technology that enhances etching rate uniformity by over 50% [4][11]. - ACM delivered its 1,500th electroplating chamber, marking a significant milestone in its growth in plating technology adoption [5]. Market Outlook - ACM maintains its revenue guidance for fiscal year 2025 in the range of $850 million to $950 million, reflecting ongoing assessments of international trade policies and customer spending [3]. - The company is experiencing continued momentum in its product lines, particularly in China, and has raised its long-term revenue target for the mainland China market [2][3]. Operational Highlights - Total shipments in Q2 2025 were $206.4 million, a 1.9% increase from Q2 2024 [4]. - The company is making strides in global expansion, with several tool deliveries planned to the U.S. in Q3 2025 [2].
AECOM(ACM) - 2025 Q3 - Earnings Call Transcript
2025-08-05 13:02
Financial Data and Key Metrics Changes - The company reported a significant increase in organic net service revenue (NSR) growth, accelerating to 6%, with The Americas segment leading at 8% growth, marking the highest margin segment [8][26] - Adjusted EBITDA and EPS increased by 1016%, with year-to-date figures up 920%, and free cash flow increased by 27% year-to-date [10][30] - The segment adjusted operating margin reached a record 17.1%, a 90 basis point improvement over the prior year [24][30] Business Line Data and Key Metrics Changes - In The Americas, NSR grew by 8%, with an adjusted operating margin increasing by 120 basis points to 20.5% [26] - The International segment saw NSR growth of 3%, driven by The UK and The Middle East, while Australia experienced a decline [27] - The backlog in The Americas design business grew by 4%, and the International segment's contracted backlog grew by 15% [27][28] Market Data and Key Metrics Changes - The company noted strong growth in key markets such as The UK, The Middle East, and The UAE, while Australia faced near-term budgetary constraints [14][15] - The US market remains robust, with only 36% of IIJA funding targeted to the company's markets spent, indicating continued growth opportunities [15] - The company is well-positioned to benefit from global investments in infrastructure, sustainability, and energy, with a record pipeline [12][13] Company Strategy and Development Direction - The company is focused on organic growth initiatives, technical capabilities, and building trusted client relationships to drive productivity and quality [9] - The advisory business is expected to double to $400 million of NSR within three years, positioning it as a significant growth platform [22] - The company is investing in AI capabilities to enhance operational efficiency and client service delivery [50][80] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term investment in US infrastructure, supported by government initiatives and funding clarity [38] - The company raised its fiscal 2025 financial guidance for the third consecutive quarter, expecting adjusted EBITDA and EPS to increase by 10% and 16%, respectively [18][30] - Management highlighted the unprecedented visibility for continued growth, with a strong backlog and a high book-to-burn ratio [11][30] Other Important Information - The company returned nearly $240 million to shareholders year-to-date and maintained a strong balance sheet with net leverage of 0.6 [29] - The company emphasized the importance of investing in high-return organic growth initiatives while maintaining margin expansion [30][100] Q&A Session Summary Question: Thoughts on the US market and private sector evolution - Management noted stability in the US market, with a clearer funding agenda for infrastructure investments following recent elections [35][38] Question: Drivers of margin improvement - Management attributed margin performance to investments in high-return organic growth opportunities and operational focus on cost improvements [41][42] Question: Update on AI and automation initiatives - Management confirmed that AI initiatives are already impacting margins and are expected to have a material effect over the next three years [49][50] Question: Capital deployment and buyback performance - Management stated that the buyback strategy remains unchanged, with cash flow expected to increase in Q4, aligning with historical patterns [61] Question: Confidence in maintaining a book-to-bill ratio over one - Management expressed confidence in sustaining a book-to-bill ratio over one, supported by a healthy pipeline and high win rates [70][71] Question: Progress of the water and environment advisory business - Management reported double-digit growth in the advisory business, with plans to scale it significantly over the next three years [74] Question: Balancing investment in the business and margin expansion - Management emphasized that margin improvements are driven by investments rather than cost-cutting, with optimism for future growth [100]
AECOM(ACM) - 2025 Q3 - Earnings Call Transcript
2025-08-05 13:00
Financial Data and Key Metrics Changes - The company reported a record performance in NSR, margins, EBITDA, EPS, backlog, and pipeline, leading to a raised annual financial guidance for the third consecutive time this year [7][18]. - Organic NSR growth accelerated to 6%, with an 8% growth in The Americas, the highest margin segment [8][26]. - Adjusted EBITDA and EPS increased by 1016%, with year-to-date figures up 920% [10][30]. - Free cash flow increased by 27% year-to-date, with nearly $240 million returned to shareholders this year [11][29]. Business Line Data and Key Metrics Changes - In The Americas, NSR grew by 8%, and adjusted operating margin increased by 120 basis points to 20.5% [26]. - The International segment saw NSR growth of 3%, driven by The UK and The Middle East, while Australia experienced a decline [27]. - The adjusted operating margin for the International segment increased by 20 basis points to 11.9%, with backlog growing by 8% [27]. Market Data and Key Metrics Changes - The company noted strong growth in The UK, The Middle East, and The UAE, while Australia faced near-term budgetary constraints [15][16]. - In the US, only 36% of IIJA funding targeted to the markets has been spent, indicating continued growth opportunities [16]. - The US federal government is prioritizing investments in critical infrastructure, enhancing growth prospects [17]. Company Strategy and Development Direction - The company focuses on returns-based capital allocation, investing in organic growth initiatives, technical capabilities, and building trusted client relationships [9]. - The advisory business is expected to double to $400 million of NSR within three years, positioning it as a significant growth platform [23]. - The company aims to maintain a high level of business development investment to capitalize on a record pipeline [28]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued long-term investment in US infrastructure, supported by government initiatives and funding clarity [36][37]. - The company anticipates further margin expansion driven by critical investments aligned with long-term objectives [10][30]. - Management highlighted the importance of AI in enhancing operational efficiency and client service delivery [50][51]. Other Important Information - The company achieved a segment adjusted operating margin of 17.1%, a 90 basis point improvement over the prior year [25]. - Backlog increased both sequentially and year-over-year, reaching an all-time high [12]. - The company maintains a strong balance sheet with net leverage of 0.6 and no debt maturities until 2029 [29]. Q&A Session Summary Question: Update on the US Market - Management noted stability in the US market, with clarity on funding agendas and increased infrastructure investment expected [35][37]. Question: Drivers of Margin Improvement - Management attributed margin improvement to high-return organic growth investments and operational focus on cost management [41][42]. Question: AI and Automation Initiatives - Management confirmed that AI initiatives are already impacting margins and will have a material effect over the next three years [50][51]. Question: Book to Bill Ratio Sustainability - Management expressed confidence in maintaining a book to burn ratio greater than one, supported by a healthy pipeline and high win rates [67][70]. Question: Advisory Business Growth - The advisory business is expected to grow double digits, capturing more market share and providing additional services to existing clients [94][95].