Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In DMC Global (BOOM) To Contact Him Directly To Discuss Their Options If you purchased or acquired common stock in DMC Global Inc. between January 29, 2024 - November 4, 2024 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648 NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recogni ...

Company Overview - DMC Global (BOOM) shares increased by 12.4% in the last trading session, closing at $8.16, with notable trading volume compared to typical sessions, and a 6.9% gain over the past four weeks [1] - James O'Leary has been appointed as the permanent president and CEO, having served as interim since November 29, 2024, with a focus on deleveraging the balance sheet and restoring capital structure [2] Financial Performance - DMC Global is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year decline of 82.8%, with revenues projected at $150.8 million, down 11.9% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - DMC Global is part of the Zacks Industrial Services industry, where another company, Fastenal (FAST), saw a 1.6% increase in its stock price, closing at $41.96, with a 0.2% return over the past month [4] - Fastenal's consensus EPS estimate has increased by 0.6% over the past month to $0.28, representing a 12% change compared to the previous year's EPS [5]

Core Viewpoint - DMC Global Inc. has appointed John R. "Jay" Doubman as an independent director, bringing over 30 years of leadership experience in industrial, building products, and specialty chemicals sectors [1][4]. Company Overview - DMC Global operates innovative, asset-light manufacturing businesses that provide unique, highly engineered products and differentiated solutions [5]. - The company has established leadership positions in various markets, including architectural building products, global energy industry, and industrial infrastructure [5]. Leadership Experience - Mr. Doubman is currently the CEO of ICP Group, a manufacturer of specialty coatings, adhesives, and sealants for the construction industry, where he successfully executed a turnaround strategy [2]. - His previous roles include senior executive positions at Ecore International, Cabot Corporation, and CertainTeed Corporation, with a focus on corporate strategy, mergers and acquisitions, and international operations [3]. Strategic Alignment - DMC's executive chairman, James O'Leary, emphasized that Mr. Doubman's operational expertise and strategic insight align well with DMC's diversified industrial portfolio and growth objectives [4]. - Mr. Doubman expressed his commitment to guiding DMC's future growth and success, highlighting the company's differentiated, industry-leading businesses [4].

DMC Global (BOOM) FY Conference Summary Company Overview - DMC Global operates three underlying businesses: NobelClad, Arcadia, and DynaEnergetics, categorized as asset-light with minimal capital expenditure required for growth [2][5] - The company reported approximately $635 million in revenue and $50 million in EBITDA [2] Financial Performance - The stock is trading at the lower end of its 52-week range, influenced by macroeconomic uncertainties [3] - The company has a clean balance sheet with net debt of approximately $60 million and debt capacity of about $225 million, maintaining a leverage ratio of roughly 1.35 times EBITDA [5] Business Segments Arcadia - Arcadia is expected to drive the majority of future growth due to its larger addressable market compared to NobelClad and DynaEnergetics [6] - Arcadia focuses on architectural framing systems, primarily for commercial exteriors (75% of revenue), with additional contributions from high-end residential (15%) and commercial interiors (10%) [9][11][13] - The business employs a hub and satellite model for operations, with the hub located in Los Angeles [10][18] DynaEnergetics - DynaEnergetics specializes in perforating guns for the well completion process, offering a technology-driven product that is safer and more reliable than competitors [19][20] - The company has two main operations: one in Germany for international business and R&D, and another in Blum, Texas for assembly and manufacturing [24][25] - Recent initiatives include automation in assembly lines to improve efficiency and reduce costs [40] NobelClad - NobelClad utilizes explosion clad welding to combine dissimilar metals, targeting various end markets including oil and gas, petrochemicals, and marine applications [26][28] - The company operates facilities in Germany and Pennsylvania to serve international and North American markets, respectively [31] Strategic Focus - The company is focused on "getting back to basics," emphasizing leadership, immediate ROI on investments, EBITDA growth, and free cash flow generation [32][33] - Plans include acquiring the remaining 40% of Arcadia, geographic expansion, and new product development to enhance competitiveness [42][45] - DynaEnergetics is also exploring new product offerings and opportunities in geothermal energy [48] Market Dynamics - The commercial exteriors business primarily serves the West and Southwest regions, with potential growth from rebuilding efforts post-LA wildfires expected to impact 2026 [35][36] - The company faces competition from Chinese manufacturers and is exploring partnerships in regions like India to enhance competitiveness [59] Operational Challenges - Past performance volatility has been attributed to both self-inflicted issues and macroeconomic factors, with a focus on improving operational efficiency and customer trust [37][39][57] - The management team is incentivized to focus on EBITDA growth and free cash flow generation, aiming to improve margins and operational performance [33][41] Conclusion - DMC Global is positioned for growth through its diversified business segments, strategic focus on operational efficiency, and plans for geographic and product expansion, while navigating macroeconomic challenges and competitive pressures.

Core Viewpoint - DMC Global Inc. has amended its credit facility to enhance financial flexibility in preparation for a potential acquisition of the remaining 40% stake in Arcadia Products, LLC, which the company currently does not own [1][2]. Financial Flexibility - The amendment allows for a temporary increase in DMC's maximum leverage ratio to 3.5x adjusted EBITDA for the first two quarters following the exercise of the put or call option, up from 3.0x [3]. - After the initial two quarters, the leverage ratio will decrease to 3.25x in the third quarter and return to 3.0x thereafter [3]. - Proceeds from the existing $50 million delayed draw term loan facility can now be held in a restricted account for future payment of the purchase price related to the put or call option [3]. Joint Venture Agreement - DMC's joint venture partner can exercise the put option starting September 6, 2026, while DMC can exercise the call option at any time [2]. Company Overview - DMC Global operates innovative, asset-light manufacturing businesses, including Arcadia, DynaEnergetics, and NobelClad, which serve various markets such as architectural building products and the global energy industry [5][6].

Core Insights - NobelClad, a subsidiary of DMC Global Inc., is expanding its Dunbar Mine facility, which is crucial for its explosive welding operations, with significant support from the U.S. Navy [1][2][5] Company Overview - NobelClad specializes in explosion welding and has over 50 years of experience, making it a leader in the production of clad metal products for various industries [6] - The company provides bi-metallic solutions for corrosion-resistant industrial processing equipment, particularly in oil and gas, chemicals, and transportation sectors [6] Project Details - The first phase of the Dunbar Mine expansion was completed in April 2025, adding nearly 600 linear feet of production and transport space [5] - The second phase of the expansion will begin shortly and is expected to add an additional 435 linear feet to the facility [5] Strategic Partnerships - The U.S. Navy has been a long-standing strategic partner, providing financial and strategic support for the expansion project, which enhances NobelClad's role as a key supplier [2][3] - The Dunbar Mine is the only facility in the U.S. capable of supporting the controlled detonations required for NobelClad's metal cladding process, ensuring production meets the Navy's demanding requirements [3][4] Industry Context - The U.S. Navy's Maritime Industrial Base Program aims to stabilize and grow the maritime industrial base, addressing challenges related to capacity, capability, and workforce [7] - BlueForge Alliance (BFA) is a nonprofit organization focused on revitalizing the defense industrial base through innovative approaches [8]

Group 1 - Galloper Gold Corp. has granted incentive stock options to purchase a total of 400,000 common shares at an exercise price of $0.05 per share for a period of 12 months to certain directors [1] - The company is focused on mineral exploration in the Central Newfoundland Gold Belt, specifically with its Glover Island and Mint Pond properties, which are prospective for gold and base metals [2] - The Glover Island Property consists of 532 mining claims totaling 13,300 hectares, while the Mint Pond Property consists of 499 claims totaling 12,475 hectares [2]

Core Insights - DMC Global reported revenue of $159.29 million for Q1 2025, a year-over-year decline of 4.5%, but exceeded the Zacks Consensus Estimate by 7.37% [1] - The company's EPS for the quarter was $0.11, down from $0.21 a year ago, with a significant surprise of 237.50% compared to the consensus estimate of -$0.08 [1] Financial Performance - DMC Global's net sales for Arcadia were $65.58 million, surpassing the average estimate of $58.15 million, reflecting a year-over-year increase of 5.9% [4] - NobelClad's net sales reached $28.16 million, exceeding the two-analyst average estimate of $25.65 million, with a year-over-year change of 5% [4] - DynaEnergetics reported net sales of $65.55 million, slightly above the average estimate of $64.55 million [4] Stock Performance - Over the past month, DMC Global's shares have declined by 23.8%, contrasting with a minor decline of 0.7% in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Viewpoint - DMC Global Inc. reported a solid start to Q1 2025, indicating positive performance despite potential uncertainties in the market [4]. Group 1: Company Overview - The conference call was hosted by Geoff High, VP of Investor Relations, with participation from interim CEO Jim O'Leary and CFO Eric Walter [1][2]. - The earnings release and related presentation for Q1 performance are available on the company's investor relations page [3]. Group 2: Financial Performance - The company emphasized that the first quarter results were a strong beginning for 2025, suggesting a positive outlook for the year ahead [4].

Group 1 - DMC Global reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of a loss of $0.08 per share, representing an earnings surprise of 237.50% [1] - The company posted revenues of $159.29 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.37%, although this is a decrease from year-ago revenues of $166.87 million [2] - DMC Global has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates four times in the same period [2] Group 2 - The stock has underperformed the market, losing about 11.7% since the beginning of the year compared to the S&P 500's decline of 5.3% [3] - The current consensus EPS estimate for the coming quarter is $0.03 on revenues of $155.25 million, and for the current fiscal year, it is $0.08 on revenues of $619.8 million [7] - The Zacks Industry Rank indicates that the Industrial Services sector is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]