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CYTEK(CTKB) - 2025 Q4 - Annual Report
2026-02-26 21:37
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 10-K ____________________________________ (Mark One) x 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 o 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 001-40632 ___________________________________ ...
TTEC (TTEC) - 2025 Q4 - Annual Results
2026-02-26 21:35
Exhibit 99.1 TTEC Announces Fourth Quarter and Full Year 2025 Financial Results Fourth Quarter 2025 Revenue was $570.0 Million, up 0.4 Percent Net Loss of $170.5 Million due to a $205.4 Million Non-Cash Goodwill Impairment and Related Tax Adjustment (Net Income of $22.8 Million or 4.0 Percent of Revenue Non-GAAP) Adjusted EBITDA was $62.2 Million or 10.9 Percent of Revenue Full Year 2025 Revenue was $2.137 Billion, down 3.2 Percent Net Loss of $185.1 Million (Net Income of $52.8 Million or 2.5 Percent of Re ...
Kodiak Gas Services(KGS) - 2025 Q4 - Annual Report
2026-02-26 21:35
Company Overview - The company completed its IPO on July 3, 2023, and its common stock is trading on the NYSE under the ticker symbol "KGS" [28]. - As of December 31, 2025, the company had approximately 1,300 full-time employees, with no employees under collective bargaining agreements [82]. - The company sold its operations in Mexico on September 30, 2025, resulting in a net loss of $33.3 million as part of a strategic refocus [90]. - The company is acquiring Distributed Power Solutions for approximately $675.0 million, consisting of $575.0 million in cash and $100.0 million in common stock, subject to customary conditions [220]. Financial Performance - The company's four largest customers accounted for approximately 32% of total revenues for the years ended December 31, 2025, 2024, and 2023 [46]. - The company declared a quarterly dividend of $0.49 per share on January 28, 2026, totaling approximately $43.1 million, with expectations to continue comparable cash dividends in the foreseeable future [196]. - The One Big Beautiful Bill Act of 2025 has materially reduced current income tax expenses due to full expensing of qualified capital expenditures [216]. - The settlement of Texas sales tax matters resulted in a recorded amount of $28.0 million in interest and penalties [224]. Operations and Assets - Approximately 80% of the company's 4.5 million overall fleet horsepower is categorized as large horsepower, defined as greater than 1,000 horsepower [32]. - As of December 31, 2025, approximately 82.8% of the company's compression assets were deployed in the Permian Basin and Eagle Ford Shale [43]. - The company typically owns the compression equipment used for Contract Services and bears the risk of loss or damage to its equipment [60]. - The company operates under fixed-revenue contracts, which help protect against industry and macroeconomic cycles, and supports the growing demand for natural gas and oil [211]. Sustainability and Environmental Compliance - The company has a focus on sustainability, investing in modern compression equipment to meet stringent U.S. air-quality regulatory standards [48]. - The company has begun deploying electric motor-driven compression to reduce emissions intensity across its fleet [49]. - Compliance with stringent environmental regulations could expose the company to significant costs and liabilities, impacting operations and growth [67]. - The company's operations are subject to various environmental laws, including the Clean Air Act and Clean Water Act, which impose strict controls on emissions and discharges [69][76]. Competition and Market Dynamics - The contract compression business is competitive, with numerous companies adapting quickly to changes and adopting aggressive pricing policies [64]. - The company faces significant competition in the compression business, which may adversely affect its market share and financial condition [99]. - The company's operations are concentrated in the Permian Basin and Eagle Ford Shale, making it vulnerable to regional supply and demand fluctuations [102]. Workforce and Training - In 2025, over 270 employees graduated from the Technician Fundamentals program at BEARS Academy, which provides hands-on training in various technical skills [86]. - The company is constructing a larger training facility for BEARS Academy, scheduled to open in summer 2026, to enhance its technical training capacity [86]. Debt and Financial Risks - Kodiak's total long-term debt as of December 31, 2025, was approximately $2.6 billion, including $750 million due in 2029, $770 million due in 2033, and $630 million due in 2035 [151]. - Kodiak's ability to generate sufficient cash flows to service its debt obligations is uncertain and may be affected by various external factors [155]. - The ABL Credit Agreement and senior notes indentures impose significant operating and financial restrictions on Kodiak, potentially limiting its operational flexibility [160]. - Kodiak's variable rate indebtedness exposes it to interest rate risk, which could increase debt service obligations significantly if rates rise [163]. Cybersecurity and Data Privacy - Kodiak is subject to significant legal and reputational risks related to privacy and data security, particularly with the implementation of the California Consumer Privacy Act (CCPA) and the California Privacy Rights Act (CPRA) [143]. - Kodiak has experienced cybersecurity incidents in the past, which could adversely affect its business in the future, especially as some personnel work remotely [145]. - The company maintains a cyber risk management program integrated within its enterprise risk management process to address cybersecurity threats [182]. - The company engages third-party cybersecurity firms to enhance its cybersecurity infrastructure and response capabilities [184]. Regulatory and Legislative Risks - Future greenhouse gas regulations could result in increased compliance costs and impact demand for the company's services [75]. - Regulatory changes and evolving environmental laws may impose additional costs and operational challenges for Kodiak and its customers [120]. - The EPA's proposed rules to reduce methane emissions could lead to increased expenditures for pollution control equipment, affecting Kodiak's customers [122]. - Legislative and regulatory actions aimed at reducing GHG emissions could lead to increased costs for consuming natural gas and oil, thereby reducing demand for these products [124].
Ginkgo Bioworks (DNA) - 2025 Q4 - Annual Report
2026-02-26 21:34
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-K ______________________________________________ (Mark One) x 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 o 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 001-40097 _______________ ...
Ready Capital (RC) - 2025 Q4 - Annual Results
2026-02-26 21:34
Exhibit 99.1 READY CAPITAL CORPORATION REPORTS FOURTH QUARTER 2025 RESULTS - GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(1.46) - - DISTRIBUTABLE LOSS PER COMMON SHARE OF $(0.43) - - DISTRIBUTABLE LOSS PER COMMON SHARE BEFORE REALIZED LOSSES OF $(0.09) - "We continue to execute on our liquidity plan with a focus on meeting our corporate obligations and repositioning the Company's equity away from Covid-vintage production", said Thomas Capasse, Ready Capital's Chairman and Chief Executive Offic ...
Alta Equipment (ALTG) - 2025 Q4 - Annual Report
2026-02-26 21:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ 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 001-38864 ALTA EQUIPMENT GROUP INC. (Exact name of Registrant as specified in its Charter) Delaware 83-2583782 (State or other jurisdicti ...
WINTRUST FINL(WTFCP) - 2025 Q4 - Annual Report
2026-02-26 21:34
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 ☐ 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 001-35077 Wintrust Financial Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...
Wintrust Financial Corporation(WTFCM) - 2025 Q4 - Annual Report
2026-02-26 21:34
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 ☐ 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 001-35077 Wintrust Financial Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...
Wintrust(WTFC) - 2025 Q4 - Annual Report
2026-02-26 21:34
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 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Illinois 36-3873352 9700 W. Higgins Road, Suite 800 Rosemont, Illinois 60018 (Address of principal executive ...
Wintrust Financial Corp Series F Pfd(WTFCN) - 2025 Q4 - Annual Report
2026-02-26 21:34
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 ☐ 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 001-35077 Wintrust Financial Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...