Financial Performance - For the three months ended December 31, 2025, revenues were $809.5 million, a 44% increase from $561.6 million in the same period of 2024 [145]. - Adjusted EBITDA for the same period was $112.2 million, representing an increase from $68.8 million year-over-year, with an adjusted EBITDA margin of 13.9% compared to 12.3% in 2024 [145]. - The company reported a net income of $17.2 million for the three months ended December 31, 2025, compared to a net loss of $3.1 million in the same period of 2024 [145]. - Adjusted net income for the three months ended December 31, 2025, was $26.4 million, up from $13.3 million in the same period of 2024 [145]. - Net income increased by $20.3 million, or 663.9%, to $17.2 million, primarily due to higher gross profit and reduced acquisition-related expenses [153]. Revenue and Profitability - Revenues for the three months ended December 31, 2025 increased by $247.9 million, or 44.1%, to $809.5 million from $561.6 million for the same period in 2024 [146]. - Gross profit for the same period increased by $44.9 million, or 58.7%, to $121.5 million, driven by higher revenues and improved gross profit margin [147]. Expenses and Costs - General and administrative expenses rose by $17.2 million, or 38.9%, to $61.5 million, attributed to expenses from acquired businesses and increased share-based compensation [148]. - Acquisition-related expenses decreased by $7.9 million to $11.6 million, reflecting lower transformative acquisition costs [149]. - Cost of revenues is influenced by fluctuations in commodity prices, particularly liquid asphalt and diesel fuel, with price adjustment provisions in place for public infrastructure contracts [138]. Acquisitions and Expansion - Recent acquisitions included the purchase of asphalt manufacturing and construction assets from Vulcan Materials Company, adding eight HMA plants in Texas, and the acquisition of P&S Paving, LLC, adding two HMA plants in Florida [134][135]. - The company also acquired GMJ Paving Company, LLC, adding an HMA plant in Baytown, Texas, further expanding operations in southeastern Texas [136]. Cash Flow and Capital Expenditures - Cash provided by operating activities, net of acquisitions, was $82.6 million, significantly up from $40.7 million in the same period of 2024 [156]. - Cash used in investing activities was $242.9 million, with $215.1 million related to acquisitions and $35.5 million for property, plant, and equipment [157]. - Capital expenditures for the three months ended December 31, 2025 were approximately $35.5 million, with expectations for total capital expenditures in fiscal 2026 to be between $165.0 million and $185.0 million [163]. Debt and Financing - As of December 31, 2025, the company has total debt obligations of $1.76 billion, with scheduled payments of $28.9 million in 2026 and $1.13 billion due thereafter [167]. - The company has $1.76 billion of variable rate debt, where a hypothetical 1% change in borrowing rates would result in a $17.6 million change in annual interest expense [171]. - The company’s interest payments on debt are projected to be $80.7 million in 2026, based on a weighted average SOFR-based floating rate of 6.16% [173]. - The company plans to utilize cash from operations and credit facilities to finance working capital and growth strategies [165]. Stock and Capital Management - The company has authorized a stock repurchase program of up to $40 million for Class A common stock, effective through March 5, 2026 [164]. - The company did not repurchase any Class A common stock during the three months ended December 31, 2024 [164]. Market and Economic Conditions - The company emphasizes a mix of federal, state, municipal, and private customers for its construction products and services, focusing on infrastructure projects [137]. - The company’s future cash flows are subject to variables such as inflation and supply chain constraints, impacting capital expenditures [166]. - The company’s ability to access outside capital sources is critical for future success and may be constrained by economic conditions [165]. - The company has $6.6 million in aggregate letters of credit and $3.6 million in minimum royalty payments related to aggregates facilities as of December 31, 2025 [169]. - The company has a conditional purchase agreement related to the Lone Star Acquisition for $30 million, which has expired as of December 31, 2025 [168].

Financial Portfolio - As of December 31, 2025, the company held a portfolio of 73 balance sheet first mortgage loans with an aggregate book value of $2.2 billion, with a weighted average loan-to-value ratio of 68.8%[26][27] - The company owned 149 single tenant net leased properties with an undepreciated book value of $596.2 million, fully leased with an average age of 21.2 years and a weighted average remaining lease term of 6.7 years, collecting 100% of rent during the year ended December 31, 2025[34] - The company owned 56 diversified commercial real estate properties with an undepreciated book value of $370.0 million, collecting 98% of rent during the year ended December 31, 2025[35] - As of December 31, 2025, the estimated fair value of the company's portfolio of CMBS investments totaled $2.1 billion in 115 CUSIPs, with 98.6% rated investment grade[39] - The company's CMBS investments had a weighted average duration of 3.0 years, with 58.6% of the collateral distributed throughout the top 25 metropolitan statistical areas in the United States[41] - The company held one conduit first mortgage loan with an aggregate carrying value of $28.0 million, with a loan-to-value ratio of 58.9%[30] - The company selectively invests in other commercial real estate-related loans, holding a portfolio of 2 mezzanine loans with an aggregate book value of $7.3 million and a weighted average loan-to-value ratio of 69.2%[28] Financial Position and Debt - As of December 31, 2025, the company had $2.2 billion of senior unsecured notes outstanding, including $599.5 million in 4.25% notes due 2027 and $633.9 million in 4.75% notes due 2029[65] - The company maintains a $4.1 billion pool of unencumbered assets, primarily consisting of first mortgage loans and unrestricted cash as of December 31, 2025[66] - The Unsecured Revolving Credit Facility was increased to $850 million on January 2, 2025, with $280 million in outstanding borrowings as of December 31, 2025[68] - The company recorded $388.2 million in long-term, non-recourse mortgage financing as of December 31, 2025, net of unamortized premiums[74] - The company has a debt-to-equity ratio target of approximately 3.0:1.0 or below, which may fluctuate due to business operations and securitizations[78] - As of December 31, 2025, the company had $627 million of securities repurchase debt outstanding, secured by highly liquid AAA-rated CMBS[73] Investment Strategy and Risk Management - The company has a rigorous investment process that includes thorough due diligence, cash flow analysis, and borrower analysis to ensure systematic evaluation of each loan[46][47] - All loan and real estate investments above certain thresholds require approval from the company's Investment Committee and the Risk and Underwriting Committee[58] - The company is subject to financial covenants, including minimum net worth and liquidity levels, as defined in its financing agreements[80] - The company is in compliance with all material covenants under its financing arrangements as of December 31, 2025[82] - The company evaluates the financial capability of borrowers and the performance of collateral properties on a loan-by-loan basis[449] Earnings and Financial Performance - Distributable earnings for the year ended December 31, 2025, were $109.851 million, compared to $153.930 million for the year ended December 31, 2024[469] - The provision for loan losses for the year ended December 31, 2025, was $(0.2) million, compared to $13.9 million for the year ended December 31, 2024[453] - The allowance for loan losses at December 31, 2025, was $47.7 million, down from $52.8 million at December 31, 2024[454] - The company utilizes distributable earnings as a non-GAAP financial measure to assess operating performance and dividend capacity[462] - The company excludes unrealized gains and losses from securities in its calculation of distributable earnings[467] - GAAP realized gain on the sale of real estate for 2025 was $3,807, down from $25,277 in 2024, indicating a significant decrease[470] - The company recorded a release of loan loss reserves of $0.2 million in 2025, contrasting with a provision for loan loss of $13.9 million in 2024[470] - Adjusted loss on the sale of real estate for distributable earnings was $(871) for 2025, compared to $(7,010) for 2024[470] - The company recognized derivative results of $1,570 in 2025, a decrease from $5,366 in 2024[470] - The accumulated depreciation and amortization on real estate sold was $2,936 for 2025, compared to $18,267 for 2024[470] Corporate Governance and Culture - The company’s corporate culture emphasizes transparency, accountability, and ethical behavior, supported by a flat management structure[104] - The company employs 60 full-time persons as of December 31, 2025, with no union representation or work stoppages reported[103] - The company offers comprehensive healthcare benefits and wellness programs, including mental health services and an on-site fitness center[109] - The company engages in regular employee experience surveys to guide management decisions and enhance employee satisfaction[108] Regulatory and Compliance - The company aims to maintain less than 40% of total assets in "investment securities" to avoid being classified as an investment company under the Investment Company Act[97] - The company may face additional regulatory burdens if its investment adviser subsidiary expands its product offerings[91] - Future results may be affected by unusual or non-recurring items, similar to adjustments presented in the current report[473] Accounting and Financial Reporting - The company utilizes a current expected credit loss model (CECL) for estimating loan loss provisions, incorporating both portfolio-based and asset-specific components[446] - The company has established policies to ensure that critical accounting estimates are well controlled and consistently applied, impacting financial results significantly[444] - The company intends to maintain its REIT status by distributing at least 90% of its REIT taxable income annually[472] - The company declared regular quarterly distributions approximating its net taxable income to shareholders[472] - Distributable earnings should not be viewed as a substitute for net income attributable to shareholders or other GAAP performance measures[471]

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, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-06064 ALEXANDERS INC (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (IR ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☑ FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2025 (Exact name of registrant as specified in its charter) Virginia 54-0414210 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ FOR THE TRANSITION ...

Exhibit 99.1 P.O. Box 25099 ~ Richmond, VA 23260 ~ Phone: (804) 359-9311 ~ Fax: (804) 254-3584 ______________________________________________________________________________________________________ P R E S S R E L E A S E CONTACT: Universal Corporation Investor Relations RELEASE: 8:05 a.m. ET Phone: (804) 359-9311 Fax: (804) 254-3584 Email: investor@universalleaf.com Universal Corporation Reports Nine Month and Third Quarter 2026 Results Continued Solid Consolidated Performance Richmond, VA February 9, 2026 ...

Exhibit 99.1 Jerash Holdings Reports Significantly Improved Financial Results For Fiscal 2026 Third Quarter FAIRFIELD, N.J., February 9, 2026 – Jerash Holdings (US), Inc. (NASDAQ: JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced significantly improved financial results for its fiscal 2026 third quarter ended December 31, 2025. Fiscal 2026 Third Quarter Highlights Outlook "Jerash's fiscal 2026 third quart ...

Revenue Expectations - Record fourth quarter 2025 revenue is expected to be between $103.0 million and $106.0 million, representing an approximate 13% increase compared to $91.4 million in Q4 2024[6] - Full year 2025 revenue is expected to range between $374.0 million and $378.0 million, an increase of approximately 15% compared to full year 2024, achieved with approximately 14% fewer aircraft[6] Net Loss Projections - Net loss for Q4 2025 is expected to range between $(13.0) million and $(10.0) million, an improvement compared to a net loss of $(16.5) million in Q4 2024[6] - Full year 2025 net loss is expected to range between $(73.0) million and $(70.0) million, an improvement of approximately 30% compared to a $(101.5) million loss in 2024[6] Adjusted EBITDA - Fourth quarter 2025 Adjusted EBITDA is expected to range between $5.5 million and $8.0 million, marking the Company's first quarter of positive Adjusted EBITDA[6] - Full year 2025 Adjusted EBITDA is expected to range between $(8.5) million and $(5.0) million, representing an improvement of approximately $50 million from full year 2024[6] Financial Management - The Company reduced total long-term notes payable by more than $80 million compared to 2024 while maintaining cash position year-over-year[4] Strategic Investments - The investment in high-performing Challenger aircraft and improved fleet optimization contributed to historic top-line growth and significantly improved profitability[5] Customer Experience Enhancements - The Company has a Starlink dealership agreement, with installation in aircraft expected to begin in Q1 2026, enhancing customer experience[5] Upcoming Events - The Company plans to host a conference call on March 5, 2026, to discuss its financial results for Q4 and full year 2025[8]

flyExclusive Reports Record Preliminary Unaudited Results for the Fourth Quarter and Full Year 2025, Capping a Transformational Year with Expected Positive Adjusted EBITDA in Fourth Quarter 2025. Reduced Long-Term Notes Payable more than $80 Million Compared to 2024 while Maintaining Cash Position Year-over-Year. Kinston, N.C. – February 9, 2026 - flyExclusive, Inc. (NYSE American: FLYX), one of the nation's largest private jet operators, today announced preliminary unaudited financial results for its fourt ...

Exhibit 99.1 NEWS RELEASE CONTACT: Gary S. Maier Vice President, Corporate Communications & IR (310) 972-5124 MOTORCAR PARTS OF AMERICA REPORTS FISCAL THIRD QUARTER RESULTS - Sales Impacted by Reduced Ordering Activity by a Large Customer, Now Rebounding; Net Sales Up with Cash Generation for Nine-Month Period - LOS ANGELES, CA – February 9, 2026 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2026 third quarter -- reflecting a large customer ordering reduction in the ...

Exhibit 99.1 Powerfleet Reports Robust Q3 Recurring Revenue Growth With11% Year-Over-Year Increase in Services Revenue Total revenue increased 7% year-over-year to a record $113.5 million from $106.4 million in Q3 FY25 Services revenue increased 11% to $91.1 million from $81.7 million in Q3FY25 Operating profit of $6.3 million, compared to an operating loss of $1.2 million in Q3 FY25 Net Loss improved to $3.4 million compared to $14.3 million in Q3 FY25 Adjusted EBITDA increased 26% to $25.7 million from $2 ...