Core Insights - Crawford United Corporation (CRAWA) reported a strong third-quarter performance for 2025, achieving record highs in sales, net income, and earnings per share (EPS) [2][10] Financial Performance - Quarterly sales reached $47.2 million, a 28.4% increase from $36.7 million a year earlier [2] - Net income surged 60.4% to $5.4 million, or $1.52 per diluted share, compared to $3.4 million, or $0.95 in the prior-year quarter [2] - Year-to-date revenues grew 21.7% to $137.3 million from $112.8 million, with EPS climbing 41.2% to $3.84 from $2.72 [3] Segment Performance - The Commercial Air Handling Equipment unit posted sales of $21.8 million, up 36.9% from $15.9 million [3] - The Industrial and Transportation Products segment delivered $25.4 million, a 21.9% improvement over the prior year's $20.8 million [3] Profitability Metrics - Gross profit for the quarter expanded 33.7% to $14.3 million, reflecting a gross margin of 30.3%, up from 29.1% last year [4] - Operating income rose 33.9% to $7 million from $5.3 million, and EBITDA increased 34.3% to $9.1 million from $6.8 million [2][4] Acquisitions and Growth Drivers - The Commercial Air Handling Equipment business benefited from the January 2025 acquisition of Rahn Industries, contributing about $5.9 million in additional revenues [5] - The Industrial and Transportation Products segment added $4.6 million in new revenues, aided by organic growth from CAD Enterprises and Reverso Pumps [6] Management Commentary - President and CEO Brian Powers described the quarter as a milestone period, emphasizing ongoing success with the business model and confidence in achieving long-term strategic goals [10] - Management indicated that strong performance was driven by operational efficiency and a favorable sales mix toward higher-margin products [11] Future Outlook - While no formal financial guidance was issued for the remainder of 2025, management expressed confidence in sustaining revenue and earnings growth trends [15] - The company remains focused on identifying new acquisition targets that complement its core operations [15]

Core Insights - Crawford United Corporation reported strong financial results for the quarter ended September 30, 2025, with significant increases in sales, operating income, and net income compared to the same period in 2024 [2][3][4]. Financial Performance - Sales for the quarter reached $47.2 million, a 28.4% increase from $36.7 million in Q3 2024 [2]. - Operating income was $7.0 million, up 34.0% from $5.3 million in the same quarter of the previous year [2]. - Net income for the quarter was $5.4 million, or $1.52 per fully diluted share, representing a 60.4% increase from $3.4 million, or $0.95 per share, in Q3 2024 [2][6]. - Year-to-date sales totaled $137.3 million, a 21.7% increase from $112.8 million in the same period of 2024 [3]. - Year-to-date operating income was $19.3 million, reflecting a 28.9% increase from $14.9 million in the prior year [3]. - Year-to-date net income reached $13.7 million, or $3.84 per fully diluted share, a 41.6% increase from $9.6 million, or $2.72 per share, in 2024 [3][6]. - EBITDA As Defined for the quarter was $9.1 million, a 34.3% increase from $6.8 million in Q3 2024 [2][6]. Business Overview - Crawford United Corporation operates as a growth-oriented holding company providing specialty industrial products across various sectors, including healthcare, aerospace, transportation, and energy [4]. - The company has two business segments: Commercial Air Handling Equipment and Industrial & Transportation Products, focusing on complex, highly-engineered products [4].

Core Insights - Crawford United Corporation reported strong financial results for the quarter ended June 30, 2025, with significant increases in sales, operating income, net income, and EBITDA compared to the same period in 2024 [2][3][4]. Financial Performance - For the quarter, sales reached $46.9 million, a 24.5% increase from $37.6 million in Q2 2024 [2][6]. - Operating income was $7.3 million, up 43.3% from $5.1 million in the same quarter of the previous year [2][6]. - Net income for the quarter was $5.1 million, or $1.44 per fully diluted share, compared to $3.3 million or $0.92 per share in Q2 2024, marking a 56.2% increase [2][6]. - Year-to-date sales totaled $90.2 million, an 18.5% increase from $76.1 million in the same period of 2024 [3][6]. - Year-to-date operating income was $12.2 million, a 26.1% increase from $9.7 million in the prior year [3][6]. - Year-to-date net income was $8.3 million, or $2.32 per fully diluted share, compared to $6.3 million or $1.77 per share in 2024, reflecting a 31.5% increase [3][6]. - EBITDA As Defined for the quarter was $9.3 million, a 39.4% increase from $6.7 million in Q2 2024 [2][6]. Business Segments - Crawford United Corporation operates in two business segments: Commercial Air Handling Equipment and Industrial & Transportation Products, providing specialty industrial products across various industries including healthcare, aerospace, transportation, and energy [4][10]. - The Commercial Air Handling Equipment segment specializes in large-scale air handling solutions and HVAC coils, primarily for hospitals and universities [4]. - The Industrial & Transportation Products segment offers precision components and coatings for aerospace and defense, along with a range of branded hose products [4]. Management Commentary - Brian Powers, President and CEO, expressed satisfaction with the record highs in sales, gross margin, net income, earnings per share, and EBITDA, indicating confidence in the company's business model and long-term strategic priorities [4][8].

Company Overview - Crawford United Corporation is a growth-oriented holding company that provides specialty industrial products across various industries, including healthcare, aerospace, transportation, and energy [4] - The company operates two business segments: Commercial Air Handling Equipment and Industrial & Transportation Products, producing a diverse portfolio of complex, highly-engineered products [4] Investor Relations - The company has posted investor presentation materials on its website, which may be referenced in discussions with investors [1] - Important information will be routinely posted on the company's website under the "Investor Relations" section, including corporate presentations and financial information [3] - The company intends to use its website for disclosing material, non-public information to comply with its disclosure obligations under Regulation FD [3] Business Segments - The Commercial Air Handling Equipment segment specializes in designing, manufacturing, and installing customized air handling solutions primarily for hospitals and universities [4] - The Industrial & Transportation Products segment provides precision components and coatings for the aerospace and defense industries, along with a range of branded hose products [4]

Core Viewpoint - Crawford United Corporation reported strong financial results for Q1 2025, showcasing growth in sales, operating income, net income, and EBITDA compared to the same period in 2024 [2][5][3]. Financial Performance - Sales for the quarter reached $43.3 million, a 12.7% increase from $38.4 million in Q1 2024 [2][5]. - Operating income was $4.9 million, up 7.0% from $4.6 million in the same quarter of the previous year [2][5]. - Net income increased to $3.1 million, or $0.88 per fully diluted share, compared to $3.0 million or $0.85 per share in Q1 2024, reflecting a 4.5% growth [2][5]. - EBITDA As Defined was $6.8 million, a slight increase of 1.8% from $6.7 million in the same quarter of 2024 [2][5]. Business Segments - Crawford United operates in two business segments: Commercial Air Handling Equipment and Industrial & Transportation Products, providing specialized industrial products across various industries including healthcare, aerospace, transportation, and energy [3][5]. - The Commercial Air Handling Equipment segment focuses on customized air handling solutions for institutions like hospitals and universities [3]. - The Industrial & Transportation Products segment supplies precision components and coatings for aerospace and defense, along with a range of hose products [3]. Strategic Outlook - The company expressed confidence in its business model and long-term strategic priorities, indicating a strong position to pursue revenue and profitability growth, including potential acquisitions [3][5].