{"id":927031,"date":"2026-01-13T17:25:26","date_gmt":"2026-01-13T22:25:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/"},"modified":"2026-01-13T17:25:26","modified_gmt":"2026-01-13T22:25:26","slug":"concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/","title":{"rendered":"Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results"},"content":{"rendered":"
\n

DENVER, Jan. 13, 2026 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and full year ended October 31, 2025.<\/p>\n

\n Fourth Quarter Fiscal Year 2025\u00a0Summary vs. Fourth\u00a0Quarter of Fiscal Year 2024\u00a0<\/strong>(where applicable)<\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nRevenue of $108.8 million compared to $111.5 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nGross profit of $43.3 million compared to $46.2 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nIncome from operations of $16.9 million compared to $19.2 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nNet income of $5.3 million compared to $9.4 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nNet income attributable to common shareholders was $4.9 million, or $0.09 per diluted share, compared to $9.0 million, or $0.16 per diluted share.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nAdjusted EBITDA1<\/sup>\u00a0of $30.7 million compared to $33.7 million, with Adjusted EBITDA margin1<\/sup> of 28.2% compared to 30.2%.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nAmounts outstanding under debt agreements were $425.0 million with net debt1<\/sup> of $380.6 million. Total available liquidity at quarter end was $359.5 million compared to $378.0 million one year ago.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nLeverage ratio1<\/sup>\u00a0at quarter end of 3.9x.<\/td>\n<\/tr>\n<\/table>\n

\n
\n
Fiscal Year 2025 Summary vs. Fiscal Year 2024<\/strong>\n <\/p>\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nRevenue of\u00a0$392.9 million compared to $425.9 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nGross profit of\u00a0$151.1 million compared to $165.8 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nIncome from operations of\u00a0$41.5 million compared to $49.3 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nNet income of $6.4 million compared to $16.2 million.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nNet income attributable to common shareholders of $4.6 million compared to $14.5 million. Diluted earnings per share of $0.09 compared to\u00a0$0.26 per diluted share.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u25cf<\/td>\n\u00a0<\/td>\nAdjusted EBITDA1<\/sup>\u00a0of $97.0 million compared to $112.1 million, with Adjusted EBITDA margin1<\/sup> of 24.7% compared to 26.3%.<\/td>\n<\/tr>\n<\/table>\n

\n
\n
Management Commentary<\/strong>\n <\/p>\n

“This quarter, our results again reflected the resilience and adaptability of our business model amid persistent macroeconomic challenges,” said CPH CEO Bruce Young. “Concrete pumping volumes were\u00a0soft in the\u00a0residential and, to a lesser extent, commercial construction markets, while our waste management segment continued to deliver steady growth, underscoring the benefits of our diversified platform. Our disciplined approach to cost management, fleet efficiency, and strategic pricing continued to help mitigate top-line pressures. We remain focused on generating strong free cash flow, preserving operational flexibility, and deploying capital thoughtfully\u2014through selective share repurchases or targeted acquisitions\u2014to position the Company for growth when\u00a0market conditions gradually improve.”<\/p>\n

___________________
1<\/sup> Adjusted EBITDA, Adjusted EBITDA margin,\u00a0net debt and leverage ratio are financial measures that are not calculated in accordance with accounting principles generally accepted in the United States of America (“GAAP”). See “Non-GAAP Financial Measures” below for a discussion of the non-GAAP financial measures used in this release and a reconciliation to their most comparable GAAP measures.<\/p>\n

\n
\n
Fourth Quarter Fiscal Year 2025 Financial Results<\/strong>\n <\/p>\n

Revenue in the fourth quarter of fiscal year 2025 was $108.8 million compared to $111.5 million in the fourth quarter of fiscal year 2024. The decrease was primarily attributable to\u00a0a continued slowdown in\u00a0residential and, to a lesser extent, commercial construction demand, mostly due to persistently high interest rates. Further, while the Company has not been directly impacted by tariffs, the continued uncertainty surrounding tariffs has contributed to the deferral of certain commercial construction projects.<\/p>\n

Gross profit in the fourth quarter of fiscal year 2025 was $43.3\u00a0million compared to $46.2 million in the prior year quarter. Gross margin declined 170 basis points to 39.8% compared to 41.5% in the prior year quarter.<\/p>\n

General and administrative expenses (“G&A”) in the fourth quarter were $26.5\u00a0million compared to $27.0 million in the prior year quarter. As a percentage of revenue, G&A costs were 24.4% in the fourth quarter compared to 24.2% in the prior year quarter.<\/p>\n

Net income in the fourth quarter of fiscal year 2025 was $5.3 million\u00a0compared to net income of $9.4 million in the prior year quarter. Net income attributable to common shareholders in the fourth quarter of fiscal year 2025 was $4.9 million, or $0.09 per diluted share, compared to net income attributable to common shareholders of $9.0 million, or $0.16 per diluted share, in the prior year quarter.<\/p>\n

Adjusted EBITDA in the fourth quarter of fiscal year 2025 was $30.7 million compared to $33.7 million in the prior year quarter. Adjusted EBITDA margin was 28.2% compared to 30.2% in the prior year quarter.<\/p>\n

\n Fiscal Year 2025 Financial Results<\/strong>\n <\/p>\n

Revenue in fiscal year 2025 was $392.9 million compared to $425.9 million in fiscal year 2024. The decrease was attributable to a decrease in volumes driven by the softness in commercial and residential construction demand, as well as significant disruptive weather events across the U.S. throughout the year.<\/p>\n

Gross profit in fiscal year 2025 was $151.1\u00a0million compared to $165.8 million in fiscal year 2024. Gross margin was 38.5% versus 38.9% in the prior year.\u00a0<\/p>\n

G&A expenses in fiscal year 2025 declined to $109.6\u00a0million compared to $116.5 million in fiscal year 2024. G&A expenses as a percentage of revenue were 27.9% for fiscal 2025 compared to 27.4% for fiscal 2024.<\/p>\n

Net income in fiscal 2025 was $6.4 million compared to $16.2 million in fiscal year 2024. Net income attributable to common shareholders in fiscal year 2025 was $4.6\u00a0million compared $14.5 million in fiscal year 2024. Diluted earnings per share was $0.09 per diluted share compared to $0.26 per diluted share in fiscal year 2024.<\/p>\n

Adjusted EBITDA in fiscal year 2025 was $97.0 million compared to $112.1 million in the prior year. Adjusted EBITDA margin was 24.7% compared to 26.3% in the prior year.<\/p>\n

\n Liquidity<\/strong>\n <\/p>\n

On October 31, 2025, the Company had debt outstanding of $425.0 million, net debt\u00a0of $380.6 million and total available liquidity of $359.5\u00a0million.<\/p>\n

\n Segment Results<\/strong>\n <\/p>\n

\n
\n U.S. Concrete Pumping.<\/em>
\n <\/strong>\u00a0Revenue in the fourth quarter of fiscal year 2025 was $72.2 million compared to $74.5 million in the prior year quarter.\u00a0The decline was primarily driven by a decline in\u00a0residential construction\u00a0demand as discussed above. Net income in the fourth quarter of fiscal year 2025 was $1.1\u00a0million compared to net income of $3.8 million in the prior year quarter. Adjusted EBITDA was $17.5\u00a0million in the fourth quarter of fiscal year 2025 compared to $19.7 million in the prior year quarter. These decreases were largely driven by the decrease in revenue volume, as discussed above.<\/p>\n

Revenue in fiscal year 2025 was $260.5 million compared to $291.0 million in fiscal year 2024. The decline was driven by the same commercial and residential factors discussed in our consolidated results\u00a0above. Net loss was $1.9\u00a0million in fiscal year 2025 compared to\u00a0net income of $6.5 million in fiscal year 2024. Adjusted EBITDA in fiscal year 2025\u00a0was $54.9\u00a0million compared to $69.1 million in fiscal year 2024. These decreases were largely driven by the revenue decline as discussed above.<\/p>\n

\n
\n U.S. Concrete Waste Management Services.<\/em>
\n <\/strong> Revenue in the fourth quarter of fiscal year 2025 increased 8% to $21.3 million compared to $19.8 million in the prior year quarter. The increase was driven by organic volume growth and pricing improvements. Net income in the fourth quarter of fiscal year 2025 was $3.0\u00a0million compared to net income of $3.9 million in the prior year quarter.\u00a0Adjusted EBITDA in the fourth quarter of fiscal year 2025 increased 3% to $9.1\u00a0million compared to $8.8 million in the prior year quarter due to improved year-over-year revenue.<\/p>\n

Revenue in fiscal year 2025 increased 6% to $75.4 million compared to $70.9 million in fiscal year 2024, driven by organic volume growth and pricing improvements. Net income was $5.9\u00a0million in fiscal year 2025 compared to $5.5 million in fiscal year 2024. Adjusted EBITDA in fiscal year 2025 increased 7% to $28.1\u00a0million compared to $26.3 million in fiscal year 2024.\u00a0The increases in net income and adjusted EBITDA were primarily attributable to the improved year-over-year revenue and disciplined cost control.<\/p>\n

\n
\n U.K. Operations.<\/em>
\n <\/strong> Revenue in the fourth quarter of fiscal year 2025 was $15.3 million compared to $17.1 million in the prior year quarter. Excluding the impact from foreign currency translation, revenue was down 13% year-over-year due to a slowdown in commercial construction demand. Net income in the fourth quarter of fiscal year 2025 was $1.2 million compared to $1.7 million in the prior year quarter. Adjusted EBITDA was $4.1 million in the fourth quarter of fiscal year 2025 compared to $5.2 million in the prior year quarter. Excluding the impact from foreign currency translation, the changes in net income and adjusted EBITDA\u00a0were primarily related to the decrease in revenue.<\/p>\n

Revenue in fiscal year 2025 was $57.0 million compared to $64.0 million in fiscal year 2024. Excluding the impact from foreign currency translation, revenue declined 13% year-over-year. The decrease was primarily attributable to lower volumes caused by a slowdown in commercial construction demand. Net income for fiscal year 2025 was $2.4 million compared to\u00a0$4.2 million in fiscal year 2024. Adjusted EBITDA in fiscal year 2025 was $14.0 million compared to $16.8 million in fiscal year 2024. Excluding the impact from foreign currency translation, the decreases in net income and adjusted EBITDA were primarily related to the decrease in revenue as described above.<\/p>\n

\n Fiscal Year 2026 Outlook<\/strong>\n <\/p>\n

The Company expects fiscal year 2026 revenue to range between $390.0\u00a0million to $410.0\u00a0million, Adjusted EBITDA to range between $90.0 million to $100.0 million, and free cash flow2<\/sup> to be at least $40.0 million. These expectations continue to assume the construction market will not meaningfully recover in fiscal year 2026.<\/p>\n

As a result of stricter U.S. emissions laws that are expected to take effect on January 1, 2027, for all heavy-duty engines with a 2027 model year or later, the Company has approved accelerating\u00a0approximately $22.0 million of planned capital equipment investments from fiscal year 2027 into fiscal year 2026.<\/p>\n

This decision is based on a few key considerations including navigating expected disruptions from first-generation truck technologies and anticipated truck price increases in 2027 for new trucks associated with incremental OEM production costs. This pull-forward of fiscal year 2027 investments will reduce replacement capital expenditures in fiscal year 2027 and aligns with the Company capital allocation roadmap to allow for a smooth transition under new regulations to improve the Company\u2019s competitive positioning.<\/p>\n

___________________
2<\/sup>\u00a0Free cash flow is defined as Adjusted EBITDA less net maintenance\u00a0capital expenditures and cash paid for interest.<\/p>\n

\n
\n
Conference Call<\/strong>\n <\/p>\n

The Company will hold a conference call on Tuesday, January 13, 2026,\u00a0at 5:00 p.m. Eastern time to discuss its fourth quarter and fiscal year 2025 results.<\/p>\n

Date: Tuesday, January 13, 2026
Time: 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time)
Toll-free dial-in number: 1-877-407-9039
International dial-in number: 1-201-689-8470
Conference ID: 13757065<\/p>\n

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group, Inc.\u00a0at 1-949-574-3860.<\/p>\n

The conference call will be broadcast live and is available for replay here https:\/\/viavid.webcasts.com\/starthere.jsp?ei=1742540&tp_key=147dc6ed97<\/a> as well as the investor relations section of the Company\u2019s website at www.concretepumpingholdings.com.<\/p>\n

A replay of the conference call will be available after 8:00 p.m. Eastern Time on the same day through January 20, 2026.<\/p>\n

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13757065<\/p>\n

\n About Concrete Pumping Holdings<\/strong>\n <\/p>\n

Concrete Pumping Holdings is the leading provider of concrete pumping services and concrete waste management services in the fragmented U.S. and U.K. markets, primarily operating under what we believe are the only established, national brands in both geographies \u2013 Brundage-Bone for concrete pumping in the U.S., Camfaud in the U.K., and Eco-Pan for waste management services in both the U.S. and U.K. The Company\u2019s large fleet of specialized pumping equipment and trained operators position it to deliver concrete placement solutions that facilitate labor cost savings to customers, shorten concrete placement times, enhance worksite safety and improve construction quality. Highly complementary to its core concrete pumping service, Eco-Pan seeks to provide a full-service, cost-effective, regulatory-compliant solution to manage environmental issues caused by concrete washout. As of October\u00a031, 2025, the Company provided concrete pumping services in the U.S. from a footprint of approximately 95\u00a0branch locations across\u00a023\u00a0states, concrete pumping services in the U.K. from approximately 35\u00a0branch locations, and route-based concrete waste management services from 22\u00a0operating locations in the U.S. and one\u00a0shared location in the U.K. For more information, please visit www.concretepumpingholdings.com or the Company\u2019s brand websites at www.brundagebone.com, www.camfaud.co.uk, or www.eco-pan.com.<\/p>\n

\n Forward<\/strong>\u2010Looking Statements<\/strong><\/p>\n

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The Company\u2019s actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” “outlook” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company\u2019s expectations with respect to future performance, including the Company’s fiscal year 2026\u00a0outlook. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside the Company\u2019s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the adverse impact of recent inflationary pressures, changes in foreign trade policies, restrictive monetary policies, global economic conditions and developments related to these conditions, such as fluctuations in fuel costs on our business; adverse and severe weather conditions; the outcome of any legal proceedings, rulings or demand letters that may be instituted against or sent to the Company or its subsidiaries; the ability of the Company to grow and manage growth profitably and retain its key employees; the ability to identify and complete targeted acquisitions and to realize the expected benefits from completed acquisitions; changes in applicable laws or regulations;\u00a0the possibility that the Company may be adversely affected by other economic, business, and\/or competitive factors; and other risks and uncertainties indicated from time to time in the Company\u2019s filings with the Securities and Exchange Commission, including the risk factors in the Company’s latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.<\/p>\n

\n Non-GAAP Financial Measures<\/strong>\n <\/p>\n

This press release presents Adjusted EBITDA, Adjusted EBITDA margin, net debt, free cash flow and leverage ratio, all of which are important financial measures for the Company\u00a0but are not financial measures defined by GAAP.<\/p>\n

EBITDA is calculated by taking GAAP net income and adding back interest expense and amortization of deferred financing costs net of interest income, income tax expense, and depreciation and amortization. Adjusted EBITDA is calculated by taking EBITDA and adding back\u00a0loss on debt extinguishment, stock-based compensation, changes in the fair value of warrant liabilities, other expense (income), net, goodwill and intangibles impairment and other adjustments. Other adjustments include\u00a0non-recurring expenses,\u00a0non-cash currency gains\/losses and\u00a0transaction expenses.\u00a0Transaction expenses represent expenses for legal, accounting, and other professionals that were engaged in the completion of various acquisitions. Transaction expenses can be volatile as they are primarily driven by the size of a specific acquisition. As such, the Company excludes these amounts from Adjusted EBITDA for comparability across periods.<\/p>\n

The Company believes these non-GAAP measures of financial results provide useful supplemental information to management and investors regarding certain financial and business trends related to our financial condition and results of operations, and as a supplemental tool for investors to use in evaluating our ongoing operating results and trends and in comparing our financial measures with competitors who also present similar non-GAAP financial measures. In addition, these measures (1) are used in quarterly and annual financial reports and presentations\u00a0prepared for management, our board of directors and investors, and (2) help management to determine incentive compensation. EBITDA and Adjusted EBITDA have limitations and should not be considered in isolation or as a substitute for performance measures calculated under GAAP. These non-GAAP measures exclude certain cash expenses that the Company\u00a0is\u00a0obligated to make. In addition, other companies in our industry may calculate EBITDA and Adjusted EBITDA differently or may not calculate it at all, which limits the usefulness of EBITDA and Adjusted EBITDA as comparative measures. Adjusted EBITDA margin is defined as Adjusted EBITDA divided by total revenue for the period presented. See below for a reconciliation of Adjusted EBITDA to net income (loss) calculated in accordance with GAAP.<\/p>\n

Net debt as a specified date is calculated as all amounts outstanding under debt agreements (currently this includes the Company\u2019s term loan and revolving line of credit balances, excluding any offsets for capitalized deferred financing costs) measured in accordance with GAAP less cash. Cash is subtracted from the GAAP measure because it could be used to reduce the Company\u2019s debt obligations. A limitation associated with using net debt is that it subtracts cash and therefore may imply that there is less Company debt than the most comparable GAAP measure indicates. CPH believes this non-GAAP measure provides useful information to management and investors in order to monitor the Company\u2019s leverage and evaluate the Company\u2019s consolidated balance sheet. See “Reconciliation of Net Debt” below for a reconciliation of Net Debt to amounts outstanding under debt agreements calculated in accordance with GAAP.<\/p>\n

The leverage ratio is defined as the ratio of net debt to Adjusted EBITDA for the trailing four quarters. The Company believes its leverage ratio measures its ability to service its debt and its ability to make capital expenditures. Additionally, the leverage ratio is a standard measurement used by investors to gauge the creditworthiness of an institution.<\/p>\n

Free cash flow is defined as Adjusted EBITDA less net maintenance\u00a0capital expenditures and cash paid for interest. This measure is not a substitute for cash flow from operations and does not represent the residual cash flow available for discretionary expenditures, since certain non-discretionary expenditures, such as debt servicing payments, are not deducted from the measure. CPH believes this non-GAAP measure provides useful information to management and investors in order to monitor and evaluate the cash flow yield of the business.<\/p>\n

The financial statement tables that accompany this press release include a reconciliation of Adjusted EBITDA and net debt to the applicable most comparable U.S. GAAP financial measure. However, the Company has not reconciled the forward-looking Adjusted EBITDA guidance range and free cash flow range included in this press release to the most directly comparable forward-looking GAAP measures because this cannot be done without unreasonable effort due to the lack of predictability regarding the various reconciling items such as provision for income tax expense\u00a0and depreciation and amortization.<\/strong><\/p>\n

Current and prospective investors should review the Company\u2019s audited annual and unaudited interim financial statements, which are filed with the U.S. Securities and Exchange Commission, and not rely on any single financial measure to evaluate the Company\u2019s business. Other companies may calculate Adjusted EBITDA, net debt and free cash flow differently and therefore these measures may not be directly comparable to similarly titled measures of other companies.<\/p>\n\n\n\n\n
\n Contact:
<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Company:<\/strong>
\n
Iain Humphries
Chief Financial Officer
1-303-289-7497<\/td>\n		\n Investor Relations:<\/strong>
\n
Gateway\u00a0Group, Inc.
Cody Slach
1-949-574-3860
BBCP@gateway-grp.com<\/a><\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Consolidated Balance Sheets<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n As of October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n As of October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, except per share amounts)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Current assets:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash and cash equivalents<\/td>\n$<\/td>\n44,394<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n43,041<\/td>\n\u00a0<\/td>\n<\/tr>\n
Receivables, net of allowance for doubtful accounts of $905 and $916, respectively<\/td>\n\u00a0<\/td>\n53,132<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n56,441<\/td>\n\u00a0<\/td>\n<\/tr>\n
Inventory<\/td>\n\u00a0<\/td>\n7,419<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,922<\/td>\n\u00a0<\/td>\n<\/tr>\n
Prepaid expenses and other current assets<\/td>\n\u00a0<\/td>\n8,408<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,956<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total current assets<\/strong>\n <\/td>\n\u00a0<\/td>\n113,353<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n112,360<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Property, plant and equipment, net<\/td>\n\u00a0<\/td>\n412,516<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n415,726<\/td>\n\u00a0<\/td>\n<\/tr>\n
Intangible assets, net<\/td>\n\u00a0<\/td>\n93,933<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n105,612<\/td>\n\u00a0<\/td>\n<\/tr>\n
Goodwill<\/td>\n\u00a0<\/td>\n223,581<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n222,996<\/td>\n\u00a0<\/td>\n<\/tr>\n
Right-of-use operating lease assets<\/td>\n\u00a0<\/td>\n22,943<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,179<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other non-current assets<\/td>\n\u00a0<\/td>\n11,195<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,578<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred financing costs<\/td>\n\u00a0<\/td>\n2,021<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,539<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total assets<\/strong>\n <\/td>\n$<\/td>\n879,542<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n897,990<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current liabilities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Revolving loan<\/td>\n$<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n20<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating lease obligations, current portion<\/td>\n\u00a0<\/td>\n4,851<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,817<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts payable<\/td>\n\u00a0<\/td>\n6,267<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,668<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued payroll and payroll expenses<\/td>\n\u00a0<\/td>\n11,973<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,303<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued expenses and other current liabilities<\/td>\n\u00a0<\/td>\n28,730<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28,673<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income taxes payable<\/td>\n\u00a0<\/td>\n463<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n850<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total current liabilities<\/strong>\n <\/td>\n\u00a0<\/td>\n52,284<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n56,331<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Long term debt, net of discount for deferred financing costs<\/td>\n\u00a0<\/td>\n417,891<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n373,260<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating lease obligations, non-current<\/td>\n\u00a0<\/td>\n18,659<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,716<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred income taxes<\/td>\n\u00a0<\/td>\n89,431<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n86,647<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other liabilities, non-current<\/td>\n\u00a0<\/td>\n11,488<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,321<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total liabilities<\/strong>\n <\/td>\n\u00a0<\/td>\n589,753<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n551,275<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Zero-dividend convertible perpetual preferred stock, $0.0001 par value, 2,450,980 shares issued and outstanding as of October 31, 2025 and October 31, 2024<\/td>\n\u00a0<\/td>\n25,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stockholders’ equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Common stock, $0.0001 par value, 500,000,000 shares authorized, 51,272,503 and 53,273,644 issued and outstanding as of October 31, 2025 and October 31, 2024, respectively<\/td>\n\u00a0<\/td>\n6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6<\/td>\n\u00a0<\/td>\n<\/tr>\n
Additional paid-in capital<\/td>\n\u00a0<\/td>\n389,880<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n386,313<\/td>\n\u00a0<\/td>\n<\/tr>\n
Treasury stock<\/td>\n\u00a0<\/td>\n(41,687<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(25,881<\/td>\n)<\/td>\n<\/tr>\n
Accumulated other comprehensive income (loss)<\/td>\n\u00a0<\/td>\n1,589<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(483<\/td>\n)<\/td>\n<\/tr>\n
Accumulated deficit<\/td>\n\u00a0<\/td>\n(84,999<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(38,240<\/td>\n)<\/td>\n<\/tr>\n
\n Total stockholders’ equity<\/strong>\n <\/td>\n\u00a0<\/td>\n264,789<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n321,715<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total liabilities and stockholders’ equity<\/strong>\n <\/td>\n$<\/td>\n879,542<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n897,990<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Consolidated Statements of Operations<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Year Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, except per share amounts)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Revenue<\/td>\n$<\/td>\n108,787<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n111,482<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n392,867<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n425,872<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cost of operations<\/td>\n\u00a0<\/td>\n65,477<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n65,234<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n241,751<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n260,038<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Gross profit<\/strong>\n <\/td>\n\u00a0<\/td>\n43,310<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n46,248<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n151,116<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n165,834<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Gross margin<\/strong>\n <\/td>\n\u00a0<\/td>\n39.8<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41.5<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n38.5<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n38.9<\/td>\n%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
General and administrative expenses<\/td>\n\u00a0<\/td>\n26,454<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,037<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n109,585<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n116,487<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Income from operations<\/strong>\n <\/td>\n\u00a0<\/td>\n16,856<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,211<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41,531<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n49,347<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs<\/td>\n\u00a0<\/td>\n(8,402<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6,136<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(31,570<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(25,880<\/td>\n)<\/td>\n<\/tr>\n
Loss on extinguishment of debt<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,392<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest income<\/td>\n\u00a0<\/td>\n202<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n160<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,148<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n308<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change in fair value of warrant liabilities<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n130<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other income, net<\/td>\n\u00a0<\/td>\n45<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n46<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n335<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n406<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Income before income taxes<\/strong>\n <\/td>\n\u00a0<\/td>\n8,701<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,281<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,052<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24,311<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense<\/td>\n\u00a0<\/td>\n3,384<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,854<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,679<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,104<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net income<\/strong>\n <\/td>\n\u00a0<\/td>\n5,317<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,427<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,373<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,207<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less preferred shares dividends<\/td>\n\u00a0<\/td>\n(441<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(440<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,750<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,750<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Income available to common shareholders<\/strong>\n <\/td>\n$<\/td>\n4,876<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,987<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,623<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,457<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Weighted average common shares outstanding<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Basic<\/td>\n\u00a0<\/td>\n51,273<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53,505<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n52,142<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53,543<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted<\/td>\n\u00a0<\/td>\n51,567<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53,597<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n52,686<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n54,238<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income per common share<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Basic<\/td>\n$<\/td>\n0.10<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.17<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.09<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.27<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted<\/td>\n$<\/td>\n0.09<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.16<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.09<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.26<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Consolidated Statements of Cash Flows<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n For the Year Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, except per share amounts)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n6,373<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16,207<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjustments to reconcile net loss to net cash provided by operating activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-cash operating lease expense<\/td>\n\u00a0<\/td>\n5,265<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,103<\/td>\n\u00a0<\/td>\n<\/tr>\n
Foreign currency adjustments<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,234<\/td>\n)<\/td>\n<\/tr>\n
Depreciation<\/td>\n\u00a0<\/td>\n41,706<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41,969<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred income taxes<\/td>\n\u00a0<\/td>\n2,518<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,281<\/td>\n\u00a0<\/td>\n<\/tr>\n
Amortization of deferred financing costs<\/td>\n\u00a0<\/td>\n1,729<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,803<\/td>\n\u00a0<\/td>\n<\/tr>\n
Amortization of intangible assets<\/td>\n\u00a0<\/td>\n11,837<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,141<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based compensation expense<\/td>\n\u00a0<\/td>\n2,048<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,394<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change in fair value of warrant liabilities<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(130<\/td>\n)<\/td>\n<\/tr>\n
Loss on extinguishment of debt<\/td>\n\u00a0<\/td>\n1,392<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net gain on the sale of property, plant and equipment<\/td>\n\u00a0<\/td>\n(1,025<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,309<\/td>\n)<\/td>\n<\/tr>\n
Other operating activities<\/td>\n\u00a0<\/td>\n(272<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(78<\/td>\n)<\/td>\n<\/tr>\n
Net changes in operating assets and liabilities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Receivables<\/td>\n\u00a0<\/td>\n3,539<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,164<\/td>\n\u00a0<\/td>\n<\/tr>\n
Inventory<\/td>\n\u00a0<\/td>\n(1,204<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n600<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other operating assets<\/td>\n\u00a0<\/td>\n(3,448<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n632<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts payable<\/td>\n\u00a0<\/td>\n(1,522<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,679<\/td>\n)<\/td>\n<\/tr>\n
Other operating liabilities<\/td>\n\u00a0<\/td>\n(4,621<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,964<\/td>\n)<\/td>\n<\/tr>\n
\n Net cash provided by operating activities<\/strong>\n <\/td>\n\u00a0<\/td>\n64,315<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n86,900<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash flows from investing activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Purchases of property, plant and equipment<\/td>\n\u00a0<\/td>\n(46,787<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(43,810<\/td>\n)<\/td>\n<\/tr>\n
Proceeds from sale of property, plant and equipment<\/td>\n\u00a0<\/td>\n9,492<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,679<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net cash used in investing activities<\/strong>\n <\/td>\n\u00a0<\/td>\n(37,295<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(32,131<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash flows from financing activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Proceeds on long term debt<\/td>\n\u00a0<\/td>\n425,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Payments on long term debt<\/td>\n\u00a0<\/td>\n(375,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Proceeds on revolving loan<\/td>\n\u00a0<\/td>\n256,233<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n313,170<\/td>\n\u00a0<\/td>\n<\/tr>\n
Payments on revolving loan<\/td>\n\u00a0<\/td>\n(256,254<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(332,104<\/td>\n)<\/td>\n<\/tr>\n
Dividends paid<\/td>\n\u00a0<\/td>\n(53,132<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Payment of debt issuance costs<\/td>\n\u00a0<\/td>\n(8,163<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(953<\/td>\n)<\/td>\n<\/tr>\n
Purchase of treasury stock<\/td>\n\u00a0<\/td>\n(14,167<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10,160<\/td>\n)<\/td>\n<\/tr>\n
Other financing activities<\/td>\n\u00a0<\/td>\n(274<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,279<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net cash used in financing activities<\/strong>\n <\/td>\n\u00a0<\/td>\n(25,757<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(28,768<\/td>\n)<\/td>\n<\/tr>\n
Effect of foreign currency exchange rate changes on cash<\/td>\n\u00a0<\/td>\n90<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,179<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net increase in cash and cash equivalents<\/strong>\n <\/td>\n\u00a0<\/td>\n1,353<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,180<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash and cash equivalents:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Beginning of period<\/td>\n\u00a0<\/td>\n43,041<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,861<\/td>\n\u00a0<\/td>\n<\/tr>\n
End of period<\/td>\n$<\/td>\n44,394<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n43,041<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Segment Revenue<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, unless otherwise stated)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
U.S. Concrete Pumping<\/td>\n\u00a0<\/td>\n72,161<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n74,504<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(2,343<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.1<\/td>\n)%<\/td>\n<\/tr>\n
U.S. Concrete Waste Management Services(<\/sup>1)<\/sup><\/td>\n\u00a0<\/td>\n21,329<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,837<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,492<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.5<\/td>\n%<\/td>\n<\/tr>\n
U.K. Operations<\/td>\n\u00a0<\/td>\n15,297<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n17,142<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,845<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10.8<\/td>\n)%<\/td>\n<\/tr>\n
Total revenue<\/td>\n$<\/td>\n108,787<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n111,483<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(2,696<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.4<\/td>\n)%<\/td>\n<\/tr>\n
\n (1) For the three months ended October\u00a031, 2025 and 2024, intersegment revenue of $0.2<\/em>\u00a0million and $0.1 million, respectively, is excluded.<\/em><\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Year Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, unless otherwise stated)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
U.S. Concrete Pumping<\/td>\n$<\/td>\n260,454<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n291,017<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(30,563<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10.5<\/td>\n)%<\/td>\n<\/tr>\n
U.S. Concrete Waste Management Services(<\/sup>1)<\/sup><\/td>\n\u00a0<\/td>\n75,416<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n70,900<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,516<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.4<\/td>\n%<\/td>\n<\/tr>\n
U.K. Operations<\/td>\n\u00a0<\/td>\n56,997<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n63,955<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6,958<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10.9<\/td>\n)%<\/td>\n<\/tr>\n
Total revenue<\/td>\n$<\/td>\n392,867<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n425,872<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(33,005<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7.7<\/td>\n)%<\/td>\n<\/tr>\n
\n (1) For the year\u00a0ended October 31, 2025 and 2024, intersegment revenue of $0.6\u00a0million and $0.4\u00a0million, respectively, is excluded.<\/em>
\n \n <\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Segment Adjusted EBITDA and Net Income (Loss)<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
During the first quarter of fiscal year 2025, the Company updated its\u00a0methodology in which the Company allocates its corporate costs to better align with the manner in which the Company now allocates resources and measures performance. As a result, segment results for prior periods have been reclassified to conform to the current period presentation.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended October 31, 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Year Ended October 31, 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands)<\/em>\n <\/td>\n\n U.S. Concrete Pumping<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n U.S. Concrete Waste Management Services<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n U.S. Concrete Pumping<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n U.S. Concrete Waste Management Services<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n As Previously Reported<\/u>
\n <\/strong>\n <\/td>\n		\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income (loss)<\/td>\n$<\/td>\n1,994<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,716<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(2,315<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n14,241<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs<\/td>\n\u00a0<\/td>\n5,300<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,823<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n19,195<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,159<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62,358<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28,040<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based compensation<\/td>\n\u00a0<\/td>\n477<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,394<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other expense (income), net<\/td>\n\u00a0<\/td>\n(21<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(300<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(20<\/td>\n)<\/td>\n<\/tr>\n
Other Adjustments<\/td>\n\u00a0<\/td>\n(318<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,912<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u00a0<\/td>\n19,333<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,149<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n67,364<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28,020<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n Recast Adjustment<\/u>
\n <\/strong>\n <\/td>\n		\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income (loss)<\/td>\n$<\/td>\n1,784<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(1,784<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n8,781<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(8,781<\/td>\n)<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs<\/td>\n\u00a0<\/td>\n(1,552<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,552<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6,363<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,363<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n232<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(232<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,418<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,418<\/td>\n)<\/td>\n<\/tr>\n
Stock-based compensation<\/td>\n\u00a0<\/td>\n(136<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n136<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(656<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n656<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other expense (income), net<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n65<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(65<\/td>\n)<\/td>\n<\/tr>\n
Other Adjustments<\/td>\n\u00a0<\/td>\n315<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(315<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(127<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u00a0<\/td>\n411<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(411<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,700<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,700<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n Current Report as Recast<\/u>
\n <\/strong>\n <\/td>\n		\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n3,778<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,932<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6,466<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,460<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs, net of interest income<\/td>\n\u00a0<\/td>\n3,748<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,552<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,460<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,363<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n19,427<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,927<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n64,776<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,622<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based compensation<\/td>\n\u00a0<\/td>\n341<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n136<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,738<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n656<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other expense (income), net<\/td>\n\u00a0<\/td>\n(21<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(235<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(85<\/td>\n)<\/td>\n<\/tr>\n
Other Adjustments<\/td>\n\u00a0<\/td>\n(3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(315<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,785<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u00a0<\/td>\n19,744<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,738<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n69,064<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,320<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Segment Adjusted EBITDA and Net Income (Loss) Continued
<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Net Income (Loss)<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, unless otherwise stated)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
U.S. Concrete Pumping<\/td>\n$<\/td>\n1,131<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,778<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(2,647<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(70.1<\/td>\n)%<\/td>\n<\/tr>\n
U.S. Concrete Waste Management Services<\/td>\n\u00a0<\/td>\n3,037<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,932<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(895<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(22.8<\/td>\n)%<\/td>\n<\/tr>\n
U.K. Operations<\/td>\n\u00a0<\/td>\n1,154<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,720<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(566<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(32.9<\/td>\n)%<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n(5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n*<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total<\/td>\n$<\/td>\n5,317<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9,427<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(4,110<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(43.6<\/td>\n)%<\/td>\n<\/tr>\n
\n *Change is not meaningful<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Adjusted EBITDA<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, unless otherwise stated)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
U.S. Concrete Pumping<\/td>\n$<\/td>\n17,507<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n19,744<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(2,237<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11.3<\/td>\n)%<\/td>\n<\/tr>\n
U.S. Concrete Waste Management Services<\/td>\n\u00a0<\/td>\n9,067<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,738<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n329<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.8<\/td>\n%<\/td>\n<\/tr>\n
U.K. Operations<\/td>\n\u00a0<\/td>\n4,092<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,196<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,104<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(21.2<\/td>\n)%<\/td>\n<\/tr>\n
Total<\/td>\n$<\/td>\n30,666<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n33,678<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(3,012<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(8.9<\/td>\n)%<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Net Income (Loss)<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Year Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, unless otherwise stated)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
U.S. Concrete Pumping<\/td>\n$<\/td>\n(1,924<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n6,466<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(8,390<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n*<\/td>\n\u00a0<\/td>\n<\/tr>\n
U.S. Concrete Waste Management Services<\/td>\n\u00a0<\/td>\n5,853<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,460<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n393<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.2<\/td>\n%<\/td>\n<\/tr>\n
U.K. Operations<\/td>\n\u00a0<\/td>\n2,449<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,154<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,705<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41.0<\/td>\n)%<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n(5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(132<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n*<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total<\/td>\n$<\/td>\n6,373<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16,207<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(9,834<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(60.7<\/td>\n)%<\/td>\n<\/tr>\n
\n *Change is not meaningful<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Adjusted EBITDA<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Year Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Change<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands, unless otherwise stated)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
U.S. Concrete Pumping<\/td>\n$<\/td>\n54,903<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n69,064<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(14,161<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(20.5<\/td>\n)%<\/td>\n<\/tr>\n
U.S. Concrete Waste Management Services<\/td>\n\u00a0<\/td>\n28,146<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,320<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,826<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.9<\/td>\n%<\/td>\n<\/tr>\n
U.K. Operations<\/td>\n\u00a0<\/td>\n13,968<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,762<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,794<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(16.7<\/td>\n)%<\/td>\n<\/tr>\n
Total<\/td>\n$<\/td>\n97,017<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n112,146<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(15,129<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(13.5<\/td>\n)%<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Quarterly Financial Performance<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\n (dollars in millions)<\/em>\n <\/td>\n\n Revenue<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Net Income<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Adjusted EBITDA<\/strong>
\n
\n 1<\/strong>
\n <\/sup>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\n Capital Expenditures<\/strong>
\n
\n 2<\/strong>
\n <\/sup>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\n Adjusted EBITDA less Capital Expenditures<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Earnings Per Diluted Share<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Q1 2024<\/td>\n$<\/td>\n98<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(4<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n19<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n17<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.08<\/td>\n)<\/td>\n<\/tr>\n
Q2 2024<\/td>\n$<\/td>\n107<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n28<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n21<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.05<\/td>\n\u00a0<\/td>\n<\/tr>\n
Q3 2024<\/td>\n$<\/td>\n110<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n32<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n26<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.13<\/td>\n\u00a0<\/td>\n<\/tr>\n
Q4 2024<\/td>\n$<\/td>\n111<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n34<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n32<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.16<\/td>\n\u00a0<\/td>\n<\/tr>\n
Q1 2025<\/td>\n$<\/td>\n86<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(3<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n17<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n13<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.06<\/td>\n)<\/td>\n<\/tr>\n
Q2 2025<\/td>\n$<\/td>\n94<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n12<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n10<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.01<\/td>\n)<\/td>\n<\/tr>\n
Q3 2025<\/td>\n$<\/td>\n104<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n27<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n12<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.07<\/td>\n\u00a0<\/td>\n<\/tr>\n
Q4\u00a02025<\/td>\n$<\/td>\n109<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n31<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.09<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 1<\/sup>Adjusted EBITDA is a financial measure that is not calculated in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”). See “Non-GAAP Financial Measures” below for a discussion of the definition of this measure and reconciliation of such measure to its most comparable GAAP measure.<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 2<\/sup>Information on M&A or growth investments included in net capital expenditures have been included for relevant quarters below:<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q1 2024 capex includes approximately $5 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q2 2024 capex includes approximately $1 million M&A and $3 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q3 2024 capex includes approximately $4 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q4 2024 capex includes approximately $3 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q1 2025 capex includes approximately $2 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q2 2025 capex includes approximately $2 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q3 2025 capex includes approximately $3 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n
*Q4 2025 capex includes approximately $2 million growth investment.<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Reconciliation of Net Income to Reported EBITDA to Adjusted EBITDA<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Year Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (dollars in thousands)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Consolidated<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n5,317<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9,427<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6,373<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16,207<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs, net of interest income<\/td>\n\u00a0<\/td>\n8,200<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,976<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30,422<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,572<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense<\/td>\n\u00a0<\/td>\n3,384<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,854<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,679<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,104<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n13,121<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,283<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53,543<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n57,110<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n30,022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n33,540<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n94,017<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n106,993<\/td>\n\u00a0<\/td>\n<\/tr>\n
Loss on debt extinguishment<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,392<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock based compensation<\/td>\n\u00a0<\/td>\n617<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n477<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,048<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,394<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change in fair value of warrant liabilities<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(130<\/td>\n)<\/td>\n<\/tr>\n
Other income, net<\/td>\n\u00a0<\/td>\n(45<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(47<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(335<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(406<\/td>\n)<\/td>\n<\/tr>\n
Other adjustments(<\/sup>1)<\/sup><\/td>\n\u00a0<\/td>\n72<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(290<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(105<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,295<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n30,666<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n33,680<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n97,017<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n112,146<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n U.S. Concrete Pumping<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income (loss)<\/td>\n$<\/td>\n1,131<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,778<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(1,924<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n6,466<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs, net of interest income<\/td>\n\u00a0<\/td>\n5,057<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,748<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18,584<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,460<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense (benefit)<\/td>\n\u00a0<\/td>\n2,279<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,185<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n483<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,758<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n8,583<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,716<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n35,809<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n40,092<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n17,050<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,427<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n52,952<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n64,776<\/td>\n\u00a0<\/td>\n<\/tr>\n
Loss on debt extinguishment<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n862<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock based compensation<\/td>\n\u00a0<\/td>\n419<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n341<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,388<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,738<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other income, net<\/td>\n\u00a0<\/td>\n(24<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(21<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(185<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(235<\/td>\n)<\/td>\n<\/tr>\n
Other adjustments(<\/sup>1)<\/sup><\/td>\n\u00a0<\/td>\n62<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(114<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,785<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n17,507<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n19,744<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n54,903<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n69,064<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n U.S. Concrete Waste Management Services<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n3,037<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,932<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,853<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,460<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs, net of interest income<\/td>\n\u00a0<\/td>\n2,386<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,552<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,881<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,363<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense<\/td>\n\u00a0<\/td>\n866<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n983<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,310<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,450<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n2,574<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,460<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,002<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,349<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n8,863<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,927<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,046<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,622<\/td>\n\u00a0<\/td>\n<\/tr>\n
Loss on debt extinguishment<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n530<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock based compensation<\/td>\n\u00a0<\/td>\n198<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n136<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n660<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n656<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other income, net<\/td>\n\u00a0<\/td>\n(4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(90<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(85<\/td>\n)<\/td>\n<\/tr>\n
Other adjustments<\/td>\n\u00a0<\/td>\n10<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(315<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n9,067<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,738<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n28,146<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n26,320<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (1)<\/sup> Other adjustments include the adjustment for non-recurring expenses and non-cash currency gains\/losses. For the twelve\u00a0months ended October\u00a031, 2024, other adjustments includes a $3.5 million non-recurring charge related to sales tax litigation.<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Year Ended October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (dollars in thousands)<\/em>\n <\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n U.K. Operations<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n1,154<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,720<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,449<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,154<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense, net<\/td>\n\u00a0<\/td>\n757<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n676<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,957<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,749<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense<\/td>\n\u00a0<\/td>\n234<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n684<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n881<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,893<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n1,964<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,105<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,732<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,669<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n4,109<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,185<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,019<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,465<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other income, net<\/td>\n\u00a0<\/td>\n(17<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(15<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(60<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(86<\/td>\n)<\/td>\n<\/tr>\n
Other adjustments<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n383<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n4,092<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,196<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n13,968<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16,762<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Other<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n(5<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(3<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(5<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n127<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n130<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change in fair value of warrant liabilities<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(130<\/td>\n)<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Reconciliation of Net Debt<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n January 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n April 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n July 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n October 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands)<\/em>\n <\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Senior Notes<\/td>\n\u00a0<\/td>\n375,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n425,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n425,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n425,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n425,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Revolving loan draws outstanding<\/td>\n\u00a0<\/td>\n20<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less: Cash<\/td>\n\u00a0<\/td>\n(43,041<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(85,132<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(37,788<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41,001<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(44,394<\/td>\n)<\/td>\n<\/tr>\n
\n Net debt<\/strong>\n <\/td>\n$<\/td>\n331,979<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n339,868<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n387,212<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n383,999<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n380,606<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Concrete Pumping Holdings, Inc.
Reconciliation of Historical Adjusted EBITDA<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (dollars in thousands)<\/em>\n <\/td>\n\n Q1 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Q2 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Q3 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Q1 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Q2 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Q3 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Q4 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Consolidated<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income (loss)<\/td>\n$<\/td>\n(3,826<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n3,046<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7,560<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n9,427<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(2,639<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(4<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n3,699<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,317<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and amortization of deferred financing costs, net of interest income<\/td>\n\u00a0<\/td>\n6,463<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,873<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,261<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,976<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,802<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,294<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,126<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,200<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense (benefit)<\/td>\n\u00a0<\/td>\n(1,011<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,180<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,081<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,854<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,036<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,333<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,384<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n14,097<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,239<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,491<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,283<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,200<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,584<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,638<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,121<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n15,723<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,338<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31,393<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n33,540<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15,327<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,872<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,796<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30,022<\/td>\n\u00a0<\/td>\n<\/tr>\n
Loss on debt extinguishment<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,392<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock based compensation<\/td>\n\u00a0<\/td>\n536<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n737<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n644<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n477<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n367<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n538<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n526<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n617<\/td>\n\u00a0<\/td>\n<\/tr>\n
Change in fair value of warrant liabilities<\/td>\n\u00a0<\/td>\n(130<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other income, net<\/td>\n\u00a0<\/td>\n(39<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(44<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(276<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(47<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(34<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(28<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(228<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(45<\/td>\n)<\/td>\n<\/tr>\n
Other adjustments(<\/sup>1)<\/sup><\/td>\n\u00a0<\/td>\n3,191<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n517<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(123<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(290<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n155<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(251<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n72<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n$<\/td>\n19,281<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n27,548<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n31,638<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n33,680<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n17,011<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22,497<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n26,843<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n30,666<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
(1) Other adjustments include the adjustment for non-recurring expenses and non-cash currency gains\/losses. For the first quarter of fiscal year 2024, other adjustments includes a $3.5 million non-recurring charge related to sales tax litigation.<\/td>\n<\/tr>\n<\/table>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

DENVER, Jan. 13, 2026 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and full year ended October 31, 2025. Fourth Quarter Fiscal Year 2025\u00a0Summary vs. Fourth\u00a0Quarter of Fiscal Year 2024\u00a0(where applicable) \u00a0 \u25cf \u00a0 Revenue of $108.8 million compared to $111.5 million. \u00a0 \u25cf \u00a0 Gross profit of $43.3 million compared to $46.2 million. \u00a0 \u25cf \u00a0 Income from operations of $16.9 million compared to $19.2 million. \u00a0 \u25cf \u00a0 Net income of $5.3 million compared to $9.4 million. \u00a0 \u25cf \u00a0 Net income attributable to common shareholders was $4.9 million, or $0.09 … <\/p>\n

Continue reading “Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-927031","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nConcrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DENVER, Jan. 13, 2026 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and full year ended October 31, 2025. Fourth Quarter Fiscal Year 2025\u00a0Summary vs. Fourth\u00a0Quarter of Fiscal Year 2024\u00a0(where applicable) \u00a0 \u25cf \u00a0 Revenue of $108.8 million compared to $111.5 million. \u00a0 \u25cf \u00a0 Gross profit of $43.3 million compared to $46.2 million. \u00a0 \u25cf \u00a0 Income from operations of $16.9 million compared to $19.2 million. \u00a0 \u25cf \u00a0 Net income of $5.3 million compared to $9.4 million. \u00a0 \u25cf \u00a0 Net income attributable to common shareholders was $4.9 million, or $0.09 … Continue reading "Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-13T22:25:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNTA4NCM3MzU5MzY0IzIwOTAwMzE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"23 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results\",\"datePublished\":\"2026-01-13T22:25:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\\\/\"},\"wordCount\":4518,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTYyNTA4NCM3MzU5MzY0IzIwOTAwMzE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\\\/\",\"name\":\"Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results - 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(Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the fourth quarter and full year ended October 31, 2025. Fourth Quarter Fiscal Year 2025\u00a0Summary vs. Fourth\u00a0Quarter of Fiscal Year 2024\u00a0(where applicable) \u00a0 \u25cf \u00a0 Revenue of $108.8 million compared to $111.5 million. \u00a0 \u25cf \u00a0 Gross profit of $43.3 million compared to $46.2 million. \u00a0 \u25cf \u00a0 Income from operations of $16.9 million compared to $19.2 million. \u00a0 \u25cf \u00a0 Net income of $5.3 million compared to $9.4 million. \u00a0 \u25cf \u00a0 Net income attributable to common shareholders was $4.9 million, or $0.09 … Continue reading \"Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/","og_site_name":"Market Newsdesk","article_published_time":"2026-01-13T22:25:26+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNTA4NCM3MzU5MzY0IzIwOTAwMzE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"23 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results","datePublished":"2026-01-13T22:25:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/"},"wordCount":4518,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNTA4NCM3MzU5MzY0IzIwOTAwMzE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/concrete-pumping-holdings-reports-fourth-quarter-and-fiscal-year-2025-results\/","name":"Concrete Pumping Holdings Reports Fourth Quarter and Fiscal Year 2025 Results - 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