Strong Cash Position and No Debt
Hudson Technologies ended 2024 with $70 million in cash and no debt, strengthening its unlevered balance sheet.
Stock Repurchase Program
The company repurchased a total of $8.1 million of common stock in 2024, demonstrating confidence in its financial position.
Increase in Reclaim Activity
Overall reclaim activity increased by 18% in 2024, supported by the acquisition of USA Refrigerants, enhancing recovery and reclamation capabilities.
Regulatory Support for Reclaimed Refrigerants
Federal and state mandates, including those in California and New York, promote the use of reclaimed refrigerants, creating long-term opportunities.