NASDAQ$BOOM

Dmc Global Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

DMC Global reported a stabilization in its manufacturing businesses, leading to sales and earnings results that exceeded management's forecasts for the fourth quarter of 2024.

DMC Global Inc. reported fourth quarter 2024 sales of $152.4 million, flat sequentially and down 12% year-over-year. Net income attributable to DMC was $0.3 million, with adjusted EBITDA attributable to DMC reaching $10.4 million, surpassing guidance. The company saw strong shipments in NobelClad, while Arcadia experienced weak demand in the luxury home market and DynaEnergetics faced a seasonal slowdown in North American well completions.

  • Fourth quarter sales were $152.4 million, flat sequentially and down 12% versus Q4 2023.
  • Net income attributable to DMC was $0.3 million, while total net loss was $1.2 million.
  • Adjusted EBITDA attributable to DMC was $10.4 million, exceeding guidance of $5 million to $8 million.
  • NobelClad achieved its second-best quarterly sales performance in over a decade, with sales up 14% sequentially.

Headline financials

Total Revenue

$152M

Previous: $174M-12.4%
EPS (adj)

$0.09

Previous: $0.26-65.4%
NobelClad Order Backlog

$48.9M

No prior period
Net Debt

$56.7M

No prior period
Adjusted EBITDA

$10.4M

No prior period
Net Income

-$1.16M

Previous: $3.57M-132.4%
Operating Income

-$696K

Previous: $9.26M-107.5%
Gross Profit

$31.7M

Previous: $45.4M-30.1%

Revenue & EPS history

DMC Global · Revenue · Quarterly

$152M

Q4 2024-12.4%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

DMC Global · $57.1M total across 2 segments · Q4 2020

  • DynaEnergetics
    $35.3M-45.3%
  • NobelClad
    $21.8M+0.1%

Forward guidance

For the first quarter of 2025, DMC Global expects sales to be in the range of $146 million to $154 million, with adjusted EBITDA projected between $8 million and $11 million.

Tailwinds

  • Internal initiatives are expected to benefit future periods.
  • Arcadia's 'back-to-basics' approach is anticipated to drive sales and earnings growth.
  • DynaEnergetics' phase two automation project is on track for completion in the second quarter.
  • Arcadia and DynaEnergetics are positioned to participate in future recoveries of their respective end markets.
  • The company believes it can expand margins, grow EBITDA, and reduce debt.

Headwinds

  • The company is closely monitoring evolving U.S. and reciprocal tariff policies.
  • Potential rightsizing of certain underperforming offerings at Arcadia.
  • Uncertainty and variability of future adjustments for GAAP reconciliation.
  • Risks related to obtaining new contracts at attractive prices.
  • Fluctuations in customer demand and pricing are ongoing concerns.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+2.6%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.4%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+38.0%

Q4 2018

Best reaction

-29.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%+21.5%+8.4%
Q4 2025-29.3%-32.4%-40.0%
Q3 2025-4.5%-24.6%-22.5%
Q1 2025+14.1%+3.9%+0.2%
Q4 2024+9.0%+2.0%+7.5%
Q3 2024-6.3%-6.1%-18.9%
Q2 2024-4.4%-11.1%-8.4%
Q1 2024-13.1%-16.9%-17.3%
Q4 2023-1.5%+1.7%+8.6%
Q3 2023-9.0%-13.1%-11.8%
Q2 2023+22.0%+18.1%+44.4%
Q1 2023+6.5%+1.0%+3.8%
Q4 2022+0.9%+7.5%-18.8%
Q3 2022+2.7%+1.6%-11.7%
Q2 2022+6.4%+12.6%+5.5%
Q1 2022+13.2%-2.1%+31.9%
Q4 2021-5.2%-19.7%-5.3%
Q3 2021+7.0%+11.3%-2.3%
Q2 2021-17.1%-14.0%-26.5%
Q1 2021-5.4%-4.9%-1.7%
Q4 2020-2.9%-2.4%-17.0%
Q3 2020+12.1%+2.8%+23.9%
Q2 2020-0.0%+4.6%+18.5%
Q1 2020+3.5%+0.8%+12.0%
Q4 2019+0.5%-3.7%-39.1%
Q3 2019+17.5%+15.7%+15.7%
Q2 2019-16.8%-14.4%-32.8%
Q1 2019-4.5%+3.4%-0.2%
Q4 2018+38.0%+36.6%+36.0%
Q3 2018+20.8%+22.0%+10.8%
Q2 2018-19.8%-17.5%-10.9%
Q1 2018+25.9%+23.2%+38.7%
Q4 2017+10.8%+22.5%+11.7%
Q3 2017+8.6%+13.3%+14.3%
Q2 2017+8.8%+8.8%-1.5%
Q1 2017+0.0%-11.8%-15.4%
Q4 2016-0.7%-7.1%-11.1%
Q3 2016+1.7%+5.7%+66.3%
Q2 2016-0.1%-1.2%+11.3%
Q1 2016+14.8%
Q4 2015+2.6%
Q3 2015-18.0%
Q2 2015+19.6%
Q1 2015+0.8%
Q4 2014-6.3%
Q3 2014+2.5%
Q2 2014+3.0%
Q1 2014+5.1%
Q4 2013-10.7%
Q3 2013-0.7%
Q2 2013+9.1%
Q1 2013-0.5%
Q4 2012-0.2%
Q3 2012+2.7%
Q2 2012-8.3%
Q1 2011+5.0%
Q1 2012+1.8%
Q4 2009+4.3%
Q4 2011+4.3%
Q3 2010+4.1%
Q3 2011+4.1%
Q4 2010+15.2%
Q2 2010+15.2%
Q2 2011+15.2%
Q1 2010-1.6%

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