Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to ____________________ | --- | --- | --- | --- | |--------------------------------------------------------------------|-------------- ...

Revenue Performance - Revenue for Q4 2024 was $104.7 million, slightly down from $104.9 million in Q4 2023[3] - Full-year revenue for fiscal 2024 was $351.9 million, a 15.7% increase from $304.1 million in fiscal 2023[5] Gross Profit and Margin - Gross profit for Q4 2024 increased to $17.6 million, up from $16.0 million in Q4 2023, with a gross margin of 16.8% compared to 15.3%[10] - Full-year gross profit for fiscal 2024 was $50.0 million, a 36% increase from $36.8 million in fiscal 2023[5] Net Income and Earnings Per Share - Net income for Q4 2024 was $6.7 million, or $0.40 per diluted share, compared to $5.7 million, or $0.34 per diluted share in Q4 2023[11] - Full-year net income for fiscal 2024 was $25.1 million, or $1.51 per diluted share, compared to $7.4 million, or $0.44 per diluted share in fiscal 2023, including $11.4 million from a legal judgment[5] Adjusted EBITDA - Adjusted EBITDA for fiscal 2024 was $28.8 million, up from $20.8 million in fiscal 2023[6] Backlog - Backlog as of September 30, 2024, was $243.2 million, compared to $229.8 million as of September 30, 2023[6] Dividend and Future Outlook - The company announced plans to double its annualized dividend payment, reflecting optimism for fiscal 2025[8] Acquisitions and Strategic Benefits - The recent acquisition of Tribute Contracting is expected to benefit the company, particularly in the water and wastewater sectors[8]

Records Annual 15.7% Revenue and 36% Gross Profit Increase  HUNTINGTON, W.Va., Dec. 16, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fourth quarter and fiscal year ended September 30, 2024.Fourth Quarter Summary (1) Revenue of $104.7 million versus $104.9 million Gross profit of $17.6 million versus $16.0 million Net income of $6.7 million, or $0.40 per diluted share, compared to $5.7 million, or $0.34 pe ...

HUNTINGTON, W.Va., Dec. 2, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA) has completed the previously announced purchase of Tribute Contracting & Consultants, LLC ("Tribute"), an underground utility contractor that employs approximately 90 construction workers and primarily specializes in water and wastewater system installations in Ohio, Kentucky, and West Virginia. As previously noted, Energy Services purchased substantially all of the asse ...

HUNTINGTON, W.Va. , Nov. 20, 2024 /PRNewswire/ -- Energy Services of America (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced that the Company's board of directors declared a quarterly cash dividend of $0.03 per common share payable on January 2, 2025 to shareholders of record at the close of  business on December 13, 2024.Douglas Reynolds, President, commented on the announcement. "The Board of Directors of Energy Services believes that the best way to show our appreciation and commitme ...

HUNTINGTON, W.Va., Nov. 20, 2024 /PRNewswire/ -- Energy Services of America (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its President, Doug Reynolds, and  Chief Financial Officer, Charles Crimmel, will present at the Southwest IDEAS Investor Conference on Thursday, November 21, 2024 at The Statler in Dallas, TX. The Company's presentation is scheduled to begin at 11:30am CT. The presentation is webcast and can be accessed through the conference host's main website: https://www.three ...

HUNTINGTON, W.Va., Nov. 14, 2024 /PRNewswire/ -- Energy Services of America (Nasdaq: ESOA), today announced its President, Doug Reynolds, will present at the Southwest IDEAS Investor Conference on Thursday, November 21, 2024 at The Statler in Dallas, TX. The company's presentation is scheduled to begin at 11:30am CT. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/southwest.If interested in participating or learning more about the ...

HUNTINGTON, W.Va., Oct. 31, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced it has entered into an Asset Purchase Agreement with Tribute Contracting & Consultants, LLC ("Tribute"), an underground utility contractor that primarily specializes in water and wastewater system installations in Ohio, Kentucky, and West Virginia.Under the terms of the agreement, Energy Services' new subsidiary, Tribute Acquisition Company, will purcha ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024. Commission File Number: 001-32998 Energy Services of America Corporation (Exact Name of Registrant as Specified in Its Charter) | --- | --- | --- | |--------------------------------------------------------------------------------------|----------------------------- ...

Exhibit 99.1 Energy Services of America Reports Fiscal Third Quarter 2024 Results Records 510 Basis Point Improvement in Gross Margin and 13 Percent Sequential Increase in Backlog HUNTINGTON, W.Va., August 12, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fiscal third quarter ended June 30, 2024. Third Quarter Summary · Revenue of $85.9 million versus $85.5 million · Gross profit of $15.3 million, a 41% in ...