Energy Services of America CORP

For the period ended Jun 30, 2025. Filed Aug 11, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 11, 2025

ESOA$8.81-2.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Cash Flows (Unaudited)

Consolidated Statements of Cash Flows


· · Nine Months Ended · · Nine Months Ended
· · June 30, · · June 30,
· 2025 · 2024
Cash flows from operating activities: · ·
Net (loss) income	$(3,863,056)	$18,446,994

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation expense	8,713,445	6,338,224
Accreted interest on PPP loans	74,718	75,380
(Loss) gain on sale of equipment	(50,532)	(292,166)
Provision for deferred taxes	(1,753,681)	412,457
Amortization of intangible assets	459,259	324,426
Accreted interest on note payable	45,000	53,977
Vested stock grants	58,888	35,556
Decrease in accounts receivable-trade	4,000,870	1,046,178
Increase in retainage receivable	(1,808,157)	(2,689,270)
Decrease (increase) in other receivables	1,366,200	(605,252)
Increase in contract assets	(373,797)	(5,090,894)
Increase in prepaid expenses and other	(474,150)	(725,714)
Decrease in accounts payable	(2,797,474)	(2,580,965)
(Decrease) increase in accrued expenses and other current liabilities	(203,738)	4,573,985
Increase in contract liabilities	10,028,162	201,617
Net cash provided by operating activities	13,421,957	19,524,533

Cash flows from investing activities:
Investment in property and equipment	(9,101,722)	(6,666,139)
Acquistion of Tribute Contracting & Consultants, net of cash aquired	(20,783,224)	—
Proceeds from sales of property and equipment	724,961	995,324
Net cash used in investing activities	(29,159,985)	(5,670,815)

Cash flows from financing activities:
Proceeds from long-term debt	19,676,024	—
Borrowings on lines of credit and short term debt, net of (repayments)	7,073,976	(9,663,150)
Cash dividend on common stock	(1,002,668)	(994,031)
Treasury stock purchased	(844,230)	(41,380)
Principal payments on long-term debt	(6,752,876)	(5,048,862)
Net cash provided by (used in) financing activities	18,150,226	(15,747,423)
Increase (decrease) in cash and cash equivalents	2,412,198	(1,893,705)
Cash and cash equivalents beginning of period	12,926,036	16,431,572
Cash and cash equivalents end of period	$15,338,234	$14,537,867

Supplemental schedule of noncash investing and financing activities:
Purchases of property & equipment under financing agreements	$1,340,563	$1,696,436
Net operating lease right-of-use assets received in exchange for operating lease liabilities	$669,056	$(36,667)
Common dividends declared but not paid	$501,555	$—
Common stock issued in Tribute Contracting & Consultants acquisition	$2,000,000	$—

Supplemental disclosures of cash flows information:
Cash paid during the period for:
Interest	$1,942,786	$1,690,100
Income taxes	$1,997,969	$1,251,818

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.