
Financial Performance - Argan reported consolidated revenues of 157.7 million in Q1 FY2025[2] - The company achieved a gross profit of 22.6 million, or 7.9 million, or 30.3 million, representing 15.6% of revenues, compared to 1.9 billion as of April 30, 2025, driven by new project awards including the Sandow Lakes Power Station[3] - Argan's robust project pipeline reflects increasing energy demand and the need for new energy resources due to aging facilities[4] Cash and Liquidity - Cash, cash equivalents, and investments totaled 525.1 million at the end of January 2025[11] - The company maintained net liquidity of 301.4 million at the end of January 2025[11] Expenses and Cost Management - Selling, general and administrative expenses rose to $12.5 million, but as a percentage of revenues, they decreased to 6.5% from 7.2% in the prior year[8] Strategic Commitment - The company remains committed to disciplined growth and strengthening its leadership role in energy infrastructure development[6]