DMC Global Inc
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 24, 2025
BOOM$8.12+15.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net sales | $642,851 | $719,188 | $654,086 |
| Cost of products sold | 492,282 | 507,136 | 468,639 |
| Gross profit | 150,569 | 212,052 | 185,447 |
| Costs and expenses: | |||
| General and administrative expenses | 61,401 | 75,341 | 76,119 |
| Selling and distribution expenses | 47,255 | 49,101 | 42,230 |
| Amortization of purchased intangible assets | 21,155 | 22,667 | 36,926 |
| Goodwill impairment | 141,725 | — | — |
| Strategic review expenses | 7,765 | — | — |
| Restructuring expenses and asset impairments | 2,526 | 3,766 | 182 |
| Total costs and expenses | 281,827 | 150,875 | 155,457 |
| Operating (loss) income | (131,258) | 61,177 | 29,990 |
| Other expense | |||
| Other expense, net | (1,068) | (1,782) | (594) |
| Interest expense, net | (8,664) | (9,516) | (6,187) |
| (Loss) income before income taxes | (140,990) | 49,879 | 23,209 |
| Income tax provision | 10,970 | 15,120 | 9,376 |
| Net (loss) income | (151,960) | 34,759 | 13,833 |
| Less: Net (loss) income attributable to redeemable non-controlling interest | (57,508) | 8,500 | 1,586 |
| Net (loss) income attributable to DMC Global Inc. stockholders | $(94,452) | $26,259 | $12,247 |
| Net (loss) income per share attributable to DMC Global Inc. stockholders: | |||
| Basic | $(8.20) | $1.08 | $0.72 |
| Diluted | $(8.20) | $1.08 | $0.72 |
| Weighted-average shares outstanding: | |||
| Basic | 19,667,673 | 19,504,542 | 19,360,677 |
| Diluted | 19,667,673 | 19,518,382 | 19,369,165 |
Reconciliation to net (loss) income attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest for purposes of calculating earnings per share
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net (loss) income attributable to DMC Global Inc. stockholders | $(94,452) | $26,259 | $12,247 |
| Adjustment of redeemable noncontrolling interest | (64,260) | (4,870) | 1,937 |
| Deemed dividend | (2,500) | $— | $— |
| Net (loss) income attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest | $(161,212) | $21,389 | $14,184 |
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