Montrose Environmental Group Inc

For the period ended Dec 31, 2024. Filed Mar 3, 2025.

About this filing

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 Mar 3, 2025

ONT$23.59+7.6%Stored close · as of Nov 9, 2026

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Contents

Statements of Operations and Comprehensive Loss

CONSOLIDATED STATEM ENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(In thousands, except per share data)

	Year Ended December 31,
(in thousands except per share data)	2024	2023	2022
Revenues	$696,395	$624,208	$544,416
Cost of revenues (exclusive of depreciation and amortization shown below)	418,193	383,903	351,882
Selling, general and administrative expense	261,627	222,861	176,295
Fair value changes in business acquisition contingencies	534	84	(3,227)
Depreciation and amortization	52,762	45,780	47,479
Loss from operations	(36,721)	(28,420)	(28,013)
Other (expense) income, net	(1,735)	4,374	3,683
Interest expense, net	(15,862)	(7,793)	(5,239)
Total other income (expense), net	(17,597)	(3,419)	(1,556)
Loss before expense from income taxes	(54,318)	(31,839)	(29,569)
Income tax (benefit) expense	7,996	(980)	2,250
Net loss	$(62,314)	$(30,859)	$(31,819)
Equity adjustment from foreign currency translation	(1,910)	(231)	(28)
Comprehensive loss	(64,224)	(31,090)	(31,847)
Convertible and redeemable Series A-2 Preferred Stock dividend	(11,064)	(16,400)	(16,400)
Net loss attributable to common stockholders	(73,378)	(47,259)	(48,219)
Weighted average common shares outstanding— basic and diluted	33,061	30,058	29,688
Net loss per share attributable to common stockholders— basic and diluted	$(2.22)	$(1.57)	$(1.62)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.