Company Overview - Freightcar America (RAIL) shares increased by 5.1% to close at $6.87, following a significant trading volume, despite a 19.5% loss over the past four weeks [1] - The company reported a 56% year-over-year growth in revenues for 2024, indicating strong performance and successful entry into the tank car segment [2] Earnings Performance - For the upcoming quarterly report, Freightcar America is expected to post earnings of $0.20 per share, reflecting a remarkable year-over-year increase of 900%, while revenues are projected to be $124.92 million, down 22.4% from the previous year [3] - The consensus EPS estimate has been revised 20% higher in the last 30 days, suggesting a positive trend that may lead to price appreciation [4] Industry Context - Freightcar America operates within the Zacks Transportation - Equipment and Leasing industry, where another company, Ryder (R), has seen a 0.2% decrease in its stock price, with a return of -9.1% over the past month [4] - Ryder's consensus EPS estimate remains unchanged at $2.40, representing a 12.2% increase from the previous year [5]

Financial Data and Key Metrics Changes - For the full year 2024, the company achieved revenues of $559.4 million, representing a 56% growth over the prior year [30] - Adjusted EBITDA for the full year was $43 million, reflecting a 114% increase from 2023 [31] - Adjusted net income for the full year was $24.5 million, or $0.15 per diluted share [32] - The company generated $44.9 million in operating cash flow and $21.7 million in adjusted free cash flow [40] Business Line Data and Key Metrics Changes - The company secured orders totaling 4,245 railcars valued at approximately $447 million for the full year [22] - The backlog at year-end was 2,797 units valued at approximately $267 million [24] - The company maintained a leading position in open-top hoppers and expanded its presence in covered hoppers and tank cars [12][23] Market Data and Key Metrics Changes - The company achieved a 21% share within its addressable market segments and captured approximately 12% of the total railcar market [25] - Overall industry railcar deliveries were steady at roughly 42,000 units, with order activity totaling around 25,000 units, below typical replacement demand [24] Company Strategy and Development Direction - The company aims to drive continued growth and enhanced cash generation through disciplined financial management and operational excellence [20] - The strategic focus includes expanding into the tank car segment and maintaining a strong capital structure [10][12] - The company is well-positioned to capitalize on emerging opportunities and maintain market share despite industry headwinds [11][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing uncertainty surrounding tariffs but emphasized the resilience of the railcar sector [13][19] - The company expects deliveries between 4,400 to 4,900 railcars in 2025, with revenues projected between $530 million and $595 million [43] - Management remains optimistic about inquiry levels and customer engagement, indicating readiness to convert inquiries into orders [75][78] Other Important Information - The company redeemed all outstanding preferred shares to strengthen its balance sheet, resulting in approximately $9.2 million in cost savings [10] - A new $35 million asset-based revolving credit facility was established to provide working capital flexibility [35] - The company is preparing for a tank car retrofit program, with capital expenditures expected to be in the range of $5 million to $6 million for 2025 [41][82] Q&A Session Summary Question: Can you elaborate on the fourth-quarter product mix and its impact on 2025? - Management noted that while there is variation in average selling price, the focus remains on driving EBITDA growth despite revenue fluctuations [48][49] Question: How is FreightCar America positioned relative to competitors regarding potential tariff actions? - Management expressed confidence in the company's agility and ability to respond to market conditions, emphasizing the essential nature of rail transportation [54][55] Question: Can you quantify the timing issue that might push some deliveries to 2025? - Management clarified that the timing was due to normal transit times and not significant delays [67] Question: What factors contribute to the variance between delivery growth and revenue growth in 2025 guidance? - Management explained that the variance is due to differences in average selling prices across various railcar types [69][71] Question: What is the addressable market for tank car retrofit orders? - Management refrained from providing specific market size but indicated readiness to meet customer inquiries for conversion work [81]

Investor Presentation March 2025 Disclosures Forward-Looking Statements This presentation contains statements relating to our expected financial performance, financial condition, and/or future business prospects, events and/or plans that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this presentation. Our actual results may differ materially from the results des ...

(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 125 S. Wacker Drive, Suite 1500, Chicago, Illinois 60606 Delaware 25-1837219 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 December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000- ...

Exhibit 99.1 Press Release FreightCar America, Inc. Reports Fourth Quarter and Full Year 2024 Results Reports full year Revenue up 56% with Gross Profit up 60% Generates full year Operating Cash Flow of $45 million and Adj. Free Cash Flow of $22 million Projecting sequential growth across Deliveries, Revenue and Adj. EBITDA for 2025 CHICAGO, March 12, 2025 – FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a diversified manufacturer and supplier of railroad freight cars, rail ...

Reports full year Revenue up 56% with Gross Profit up 60% Generates full year Operating Cash Flow of $45 million and Adj. Free Cash Flow of $22 million Projecting sequential growth across Deliveries, Revenue and Adj. EBITDA for 2025 CHICAGO, March 12, 2025 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the fourth quarter and full yea ...

Core Viewpoint - FreightCar America (RAIL) is set to release its fourth-quarter 2024 results on March 12, with expectations of improved earnings and revenue compared to the previous year [1][3]. Financial Performance - The Zacks Consensus Estimate for RAIL's upcoming quarter's earnings is stable at 5 cents per share, reflecting a significant increase of 171.4% from fourth-quarter 2023 actuals [2][3]. - Revenue estimates for the quarter are projected at $152 million, indicating a 20% improvement from the same period last year [3]. Operational Factors - RAIL's fourth-quarter performance is expected to benefit from increased railcar deliveries, major recent orders, and enhanced production capacity [4]. - The company anticipates 2024 revenues between $560 million and $600 million, with the midpoint suggesting a 62% year-over-year increase [5]. Cost Management - RAIL's cost-containment efforts and operational efficiency are expected to positively impact its bottom-line performance for the quarter [5]. Market Performance - Despite a 20.8% decline in share price during the December quarter due to economic slowdown, RAIL's performance was better than the Zacks Transportation — Equipment and Leasing industry [8].

Core Viewpoint - FreightCar America, Inc. is set to release its fourth quarter and full year 2024 financial results on March 12, 2024, after market close, with a conference call scheduled for March 13, 2025 [1]. Group 1 - The financial results announcement will be followed by a conference call and live webcast on March 13, 2025, at 11:00 a.m. Eastern Time [1]. - The webcast will be accessible via the company's Investor Relations page, and participants can also join by phone [2]. - An audio replay of the conference call will be available from March 13, 2025, at 3:00 p.m. until March 27, 2025, at 11:59 p.m. Eastern Time [3]. Group 2 - FreightCar America is a leading designer, producer, and supplier of railroad freight cars, railcar parts, and components, with a history dating back to 1901 [4]. - The company specializes in railcar repairs, complete railcar rebody services, and railcar conversions, contributing to the North American supply chain [4].

Core Viewpoint - Railtown AI Technologies Inc. has signed a Memorandum of Understanding (MOU) to acquire AI Partnerships Corp. (AIP), which will enhance its capabilities in providing AI-based solutions and drive significant revenue growth through an extensive Affiliate network [1][4]. Group 1: Acquisition Details - The acquisition involves AIP, a Toronto-based company with an Affiliate network of over 160 AI-SaaS companies primarily in North America [1][11]. - AIP's network operates in 13 countries and serves various industries, including fintech, healthcare, manufacturing, and supply chain management [2][11]. - The transaction aims to leverage Railtown AI's Conductr platform for AI application development across AIP's Affiliates and their end-users [3][10]. Group 2: Strategic Objectives - AIP's strategy includes identifying and acquiring high-performing Affiliates to enhance its network and revenue streams [4][8]. - The acquisition is expected to provide a public company structure that facilitates access to capital markets for executing the Affiliate acquisition strategy [4][10]. - The combination of both companies is anticipated to create a comprehensive suite of AI tools and services, giving them a competitive advantage in both domestic and international markets [10][11]. Group 3: Revenue Growth Drivers - Key drivers of revenue growth include the integration of AI-based vertical market applications and development tools across the Affiliate network, which is expected to generate strong recurring revenue from long-term enterprise contracts [8][10]. - The partnership with major technology firms such as Microsoft, NVIDIA, and AMD will further accelerate enterprise sales and product innovation [8][10]. - The leadership teams of both companies are aligned in their vision to create long-term value through technology innovation and enterprise revenue growth [11].

Core Viewpoint - Freightcar America (RAIL) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook for its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [4][6]. - The recent upgrade for Freightcar America reflects an improvement in the company's earnings outlook, suggesting potential upward movement in its stock price [5][10]. Earnings Estimate Revisions - For the fiscal year ending December 2024, Freightcar America is projected to earn $0.17 per share, representing a 143.6% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Freightcar America has risen by 2.8%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, highlighting their potential for market-beating returns [9][10]. - The upgrade of Freightcar America to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a favorable position for future stock performance [10].