Energy Services of America (US:ESOA)2025-12-10 14:00Financial Performance - Revenue for fiscal 2025 was $411.0 million, a 16.8% increase from $351.9 million in fiscal 2024[6] - Gross profit for fiscal 2025 was $38.8 million, with a gross margin of 9.4%, down from $50.0 million and 14.2% in the prior year[12] - Net income for fiscal 2025 was $380,000, or $0.02 per diluted share, compared to $25.1 million, or $1.51 per diluted share in fiscal 2024[13] - Adjusted EBITDA for fiscal 2025 was $17.2 million, down from $28.8 million in the previous year[15] - Selling and administrative expenses for fiscal 2025 were $34.6 million, up from $30.1 million in the prior year[13] Backlog and Demand - Backlog as of September 30, 2025, was $259.7 million, an increase from $243.2 million as of September 30, 2024[14] - The company experienced strong demand in the Gas & Water Distribution segment, driven by municipal and private utility upgrades[7] - The company anticipates favorable outlook for fiscal 2026, with increased activity in Gas Transmission and Electrical, Mechanical, and General segments[7] Acquisitions and Dividends - The company acquired Rigney Digital Systems on September 30, 2025, and Tribute Contracting & Consultants on December 2, 2024[6] - The company doubled its dividend rate to $0.12 per share and converted to quarterly payments[6]