Market data from Zonda and Bain forecasts accelerated remodeling growth and consolidation favoring multi-regional platforms like Capstone. NEW YORK, NY / ACCESS Newswire / November 24, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution platform, today highlighted industry data from Zonda and Bain & Company showing that deferred exterior and outdoor remodeling demand is building into a multi-year demand cycle. ...

New materials offer deeper insight into Q3 growth drivers, margin expansion, and Capstone's accelerating path toward a $100M run-rate. NEW YORK CITY, NEW YORK / ACCESS Newswire / November 19, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution platform, today published its full third-quarter 2025 investor presentation and management transcript. ...

Financial Performance - Net sales for the three months ended September 30, 2025, were $13,654,000, a 10.8% increase from $12,318,000 in the same period of 2024[13] - Gross profit for the nine months ended September 30, 2025, was $7,709,000, compared to $7,501,000 for the same period in 2024, reflecting a growth of 2.8%[13] - The company reported a net loss of $2,014,000 for the three months ended September 30, 2025, compared to a net income of $34,000 in the same period of 2024[13] - For the nine months ended September 30, 2025, the company reported revenue of $41,244,000, a decrease of 11.5% compared to $46,635,000 in the same period of 2024[52] - The net loss for the nine months ended September 30, 2025, was $(3,718,000), compared to a net loss of $(1,189,000) for the same period in 2024, indicating a significant increase in losses[52] - The company reported a loss from operations before taxes of $2,014 million for the three months ended September 30, 2025, compared to a loss of $39 million in the same period of 2024[84] Assets and Liabilities - Total assets increased to $58,483,000 as of September 30, 2025, up from $47,221,000 on December 31, 2024, representing a growth of 23.8%[11] - Total current liabilities rose to $20,020,000 as of September 30, 2025, from $12,550,000 on December 31, 2024, indicating a 59.5% increase[11] - The accumulated deficit as of September 30, 2025, was $(201,249,000), up from $(196,102,000) at the end of 2024[11] - The company's working capital as of September 30, 2025, was $2.8 million, excluding the current portion of long-term debt[53] - As of September 30, 2025, the company had $7.2 million in long-term debt, with $3.7 million due within the next 12 months[63] - The balance outstanding on the line of credit was $8.3 million as of September 30, 2025, compared to $6.3 million as of December 31, 2024[62] Cash Flow and Financing - Cash flows used in operating activities amounted to $(3,992,000) for the nine months ended September 30, 2025, compared to cash flows provided of $1,087,000 for the same period in 2024[17] - The company generated net proceeds of approximately $3,252,000 from its public offering of 1,250,000 shares of common stock at a price of $4.00 per share on March 7, 2025[20] - Capstone's financing activities provided cash flows of $7,152,000, contrasting with $(1,024,000) in the previous year[17] - The company raised $7.2 million from financing activities for the nine months ended September 30, 2025, including $3.3 million from a public offering and $3.0 million from debt issuance[147] Acquisitions and Operations - Capstone acquired Carolina Stone Holdings, enhancing its operations in stone supply and installation services[19] - The aggregate purchase price for the acquisition of Carolina Stone Holdings was $2,625,000 in cash, plus a seller note of $1,250,000 and an earn-out agreement of up to $825,000[48] - The preliminary purchase price allocation for the identifiable assets acquired in the Carolina Stone Holdings acquisition included total identifiable net assets of $2,033 thousand and goodwill of $2,744 thousand[49] - The company operates a distribution network servicing 31 US states, with over 400 active customers primarily in masonry and building materials[91] Expenses - The cost of goods sold for the three months ended September 30, 2025, was $10,400,000, an increase from $9,325,000 in the same period of 2024[13] - Selling, general, and administrative expenses for the three months ended September 30, 2025, totaled $3,370 million, up from $2,580 million in the same period of 2024, indicating a rise of 30.7%[84] - Selling, general and administrative expenses increased by $1.7 million, or 22%, for the nine months ended September 30, 2025, primarily due to a $1.0 million increase in investor relations and the acquisition of Carolina Stone Holdings[129] Shareholder and Equity Changes - The weighted average number of common shares outstanding increased to 5,700,214 for the three months ended September 30, 2025, compared to 157,610 in the same period of 2024[13] - On the Restructuring Date, TotalStone's Class B and Class C Preferred Interests were exchanged for 3,782,641 shares of Common Stock, representing approximately 96% of the outstanding shares[23] - Following the restructuring, BP Peptides, LLC's ownership in Capstone decreased from approximately 77.3% to about 3%, while BPA XIV, LLC became the largest shareholder with approximately 64%[23] Legal and Compliance - The company is currently not aware of any legal proceedings that would have a material adverse effect on its business or financial condition[158] - There have been no material changes to the risk factors previously disclosed in the Form 10-K[159] - The company has no off-balance sheet arrangements as defined by SEC regulations[151] Miscellaneous - The company plans to continue growing its business organically and through well-timed acquisitions[97] - The company executed an amendment to its Revolver in June 2025, extending the maturity date from June 2025 to December 2025[54] - The company has a consulting agreement with Brookstone Partners IAC, Inc., with annual fees totaling $400,000 and additional management fees based on EBITDA exceeding $4 million[59]

Financial Results - Capstone Holding Corp. reported its financial results for Q3 2025 on November 17, 2025[4] - The press release detailing the financial results was inadvertently sent to the email distribution list prior to its official issuance[5] Company Classification - The company is classified as an emerging growth company under the Securities Act[3]

Pro forma revenue up 19% YoY; $26M in acquired annual revenue accelerates Capstone's path toward a $100M run-rate by early 2026 NEW YORK CITY, NEW YORK / ACCESS Newswire / November 17, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution platform, today announced strong financial and strategic highlights for the third quarter of 2025, including significant growth in revenue, gross profit, and adjusted EBITDA. Capstone announced two acquisitions during the second half, expec ...

Industry research signals rising demand for stone; recent acquisitions and a 32-state footprint position Capstone to lead the market NEW YORK CITY, NEW YORK / ACCESS Newswire / November 13, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution platform, today highlighted accelerating demand for stone in global construction markets. This industry trend is directly supportive of Capstone's strategy, as the company builds scale in stone distribution through Carolina Stone and i ...

Core Insights - President Trump's approval rating has dropped to 44%, a decline of 2 points from September, with the lowest ratings in handling inflation (39%) and tariffs (40%) [2][6] - 57% of voters characterize the U.S. economy as weak, marking a 6-point increase since September [6] - The Republican Party is urged to broaden its base as a majority of voters reject Zohran Mamdani's policies [8][12] Economic Concerns - 35% of voters believe the country is on the right track, a decrease of 5 points [6] - Inflation and affordability are the top issues for voters, with 48% citing inflation as their primary concern [6] - 55% of voters feel the government shutdown is significantly harming the economy [12] Political Landscape - Congressional approval has fallen to 27%, the lowest since June 2024 [6] - The Republican Party's approval rating stands at 44%, while the Democratic Party's approval is at 43% [6] - 63% of voters believe the GOP needs to broaden its positions to appeal to a wider audience [12] Public Opinion on Policies - Trump's policies maintain majority support, with 16 out of 18 policies favored by voters [6] - The most popular policies include lowering drug prices (85%) and deporting illegal immigrants who have committed crimes (79%) [6] - 56% of voters believe Trump has exceeded his presidential authority, and 51% view his actions as dictatorial [6] International Relations - 63% of voters support the removal of Venezuelan President Nicolas Maduro, with 81% backing his removal in light of election fraud and criminal charges [19] - 71% of voters favor the Trump administration's efforts to secure the safe return of Israeli hostages and end hostilities in Gaza [12] - 72% support sanctions on Russia's oil and gas companies to push for a ceasefire in Ukraine [12]

Core Insights - Capstone Holding Corp. has announced a $3.25 million draw from its existing convertible note facility, indicating strong investor support for its growth strategy [1] - The draw reflects the company's disciplined approach to financing acquisitions that are expected to be accretive [1] Company Summary - Capstone Holding Corp. operates as a national building products distribution platform [1] - The recent funding is part of the company's strategy to pursue growth through acquisitions [1]

Core Insights - Capstone Holding Corp. is successfully executing a disciplined, accretive M&A strategy that enhances shareholder value [1] - Recent acquisitions by Lowe's and Home Depot support the consolidation trend in the building materials sector, which Capstone is leveraging to expand its operations [1] - The company is on track to achieve a $100 million run-rate revenue target [1] Company Strategy - Capstone's acquisition strategy focuses on expanding its footprint and scaling operations to drive immediate revenue and EBITDA growth [1] - The validation of Capstone's strategy comes from the recent activities of major competitors in the industry, indicating a robust market environment for consolidation [1]

Core Insights - Capstone Holding Corp. has successfully integrated Carolina Stone, resulting in operational and commercial synergies [1] - The companies have completed a full ERP system upgrade, enhancing operational efficiency [1] - A regional marketing campaign has been launched to attract new customers [1] - New customer relationships have been established as part of the integration process [1]