NASDAQ$BBCP

Concrete Pumping Holdings In · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported strong results driven by revenue growth across all segments, despite inflationary pressures and supply chain constraints.

Concrete Pumping Holdings reported an 11% increase in revenue for Q4 2021 compared to Q4 2020, with growth in all segments. Net income attributable to common shareholders increased to $2.8 million, or $0.05 per diluted share, compared to a net loss of $3.1 million, or $(0.06) per diluted share in the prior year quarter. The company expects continued strong demand across residential and infrastructure segments in fiscal year 2022.

  • Revenue increased 11% to $87.8 million compared to $79.2 million in the prior year quarter.
  • Gross profit increased 5% to $37.3 million compared to $35.5 million in the prior year quarter.
  • Net income attributable to common shareholders increased to $2.8 million, or $0.05 per diluted share, compared to a net loss of $3.1 million, or $(0.06) per diluted share in the prior year quarter.
  • Adjusted EBITDA was $28.3 million compared to $29.9 million in the prior year quarter.

Headline financials

Total Revenue

$87.8M

Previous: $79.2M+10.8%
EPS (adj)

$0.05

Previous: -$0.05+200.0%
Adjusted EBITDA Margin

32.2%

Previous: 37.8%-14.8%
Capital Expenditures

$28.2M

Previous: $2.68M+953.1%
Free Cash Flow

-$12.7M

Previous: $22.8M-155.9%
Net Income

$2.8M

Previous: -$2.26M+224.1%
Operating Income

$11.7M

Previous: $4.34M+169.5%
Gross Profit

$37.3M

Previous: $35.5M+5.1%
Cash & Equivalents

$9.3M

Previous: $6.74M+38.1%
Total Assets

$59.7M

Previous: $774M-92.3%
Stock-Based Comp

$1.31M

Previous: $7.25M-81.9%

Revenue & EPS history

CPH · Revenue · Quarterly

$87.8M

Q4 2021+10.8%vs Q4 2020
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Revenue by segment

CPH · $87.8M total across 3 segments · Q4 2021

  • U.S. Concrete Pumping
    $63M
  • U.K. Operations
    $13.8M
  • U.S. Waste Management
    $11M

Forward guidance

The Company expects fiscal year 2022 revenue to range between $360.0 million to $370.0 million, Adjusted EBITDA to range between $115.0 million to $120.0 million, and free cash flow to range between $55.0 million and $60.0 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.1%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-2.0%

Avg return

30 days after

39%

14 / 36 earnings

Positive

+30.7%

Q2 2026

Best reaction

-25.3%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+30.7%+34.3%
Q1 2026+5.5%+2.1%+12.7%
Q4 2025-9.6%-15.6%-11.5%
Q3 2025+12.4%+4.4%+3.7%
Q2 2025+0.0%-1.7%+17.1%
Q1 2025-17.9%-0.7%-4.6%
Q4 2024+11.4%+18.2%+15.1%
Q3 2024-15.9%-12.5%-7.5%
Q2 2024-12.3%-12.8%-24.7%
Q1 2024-2.9%-2.9%-1.9%
Q4 2023-0.3%-4.2%+3.2%
Q3 2023+7.1%+12.6%+17.2%
Q2 2023-4.3%-3.1%+9.9%
Q1 2023-4.9%-5.9%-14.6%
Q4 2022+19.9%+23.3%+17.4%
Q3 2022+5.2%+2.8%-3.6%
Q2 2022+8.6%+5.1%+12.4%
Q1 2022-4.7%-10.0%-14.4%
Q4 2021+5.8%+0.6%-10.5%
Q3 2021-3.0%-6.3%-4.0%
Q2 2021+0.4%-0.8%-4.4%
Q1 2021+10.0%+5.9%+10.4%
Q4 2020+19.9%+23.7%+40.8%
Q3 2020-7.1%-8.6%+1.0%
Q2 2020+6.5%-6.9%-25.3%
Q1 2020-25.3%-27.7%-37.9%
Q4 2019-4.4%-10.6%-0.4%
Q3 2019-7.0%-1.7%-15.9%
Q2 2019-17.3%-12.9%+7.8%
Q1 2019+14.1%-3.0%-35.4%
Q3 2018-11.5%-10.9%-12.2%
Q4 2018-11.5%-10.9%-12.2%
Q2 2018-0.1%-0.1%+0.3%
Q1 2018-0.2%-0.2%+0.3%
Q4 2017-0.2%+0.0%+0.2%
Q2 2017-0.1%+0.3%+0.3%

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