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Bridger Aerospace Group Holdings (BAER)
NASDAQ:BAER
RESEARCH TOOLSreports
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.5Last Year’s EPS
-0.55Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: -9.14%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance with record revenues and significant growth in adjusted EBITDA. Positive cash flow and strategic contracts indicate a solid future outlook. While there were challenges such as a net loss and ongoing work on Spanish scoopers, the achievements and financial improvements suggest a positive trajectory.Company Guidance
During the Bridger Aerospace Group Holdings, Inc. Fourth Quarter and Fiscal 2024 Investor Conference Call, the company reported surpassing revenue guidance with a record $15.6 million in Q4 and $98.6 million for the year, reflecting a 48% increase. They achieved positive cash flow from operations for the first time, generating over $9 million. Net loss improved from $31.1 million in Q4 2023 to $12.8 million in Q4 2024, and adjusted EBITDA increased from negative $10.4 million in Q4 2023 to negative $2.9 million in Q4 2024. For the full year, adjusted EBITDA doubled to $37.3 million. Looking ahead, 2025 revenue is projected between $105 million and $111 million, with adjusted EBITDA expected to range from $42 million to $48 million. The guidance considers their largely fixed cost structure and seasonality, emphasizing the importance of the third quarter for generating adjusted EBITDA.Record Fourth Quarter Revenue
Revenue increased to $15.6 million in Q4 2024, a significant rise from $1.1 million in Q4 2023, driven by extended deployment of scoopers.
Significant Annual Revenue Growth
Annual revenue for 2024 reached a record $98.6 million, up 48% from 2023.
Positive Cash Flow Achievement
The company generated over $9 million in cash from operating activities for the first time in 2024.
Successful Deployment and Utilization of Scoopers
Two scoopers deployed in California in January 2025, marking the earliest deployment in company history.
Five-Year Contract with U.S. Department of the Interior
Secured a $20 million contract for air attack aircraft to support fire and resource management in Alaska.
Growth in Adjusted EBITDA
Adjusted EBITDA doubled to $37.3 million in 2024 compared to $18.7 million in 2023.
Development of Ignis Technologies
Launched a mobile platform for firefighters, with plans to transition to a subscription-based model in 2025.
Strong Cash Position
Ended the year with $39.3 million in cash and cash equivalents, up from $33.3 million in September 2024.
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BAER Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BAER Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $1.75 | $1.84 | +5.14% |
| Nov 11, 2024 | $3.50 | $3.67 | +4.86% |
| Aug 12, 2024 | $3.34 | $3.21 | -3.89% |
| May 13, 2024 | $4.00 | $4.08 | +2.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bridger Aerospace Group Holdings (BAER) report earnings?
Bridger Aerospace Group Holdings (BAER) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is Bridger Aerospace Group Holdings (BAER) earnings time?
Bridger Aerospace Group Holdings (BAER) earnings time is at May 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BAER EPS forecast?
BAER EPS forecast for the fiscal quarter 2025 (Q1) is -0.5.
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