Redwire Corp

For the period ended Dec 31, 2024. Filed Mar 11, 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 11, 2025

RDW$8.13-0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations and Comprehensive Income (Loss)

(In thousands of U.S. dollars, except share and per share data)

	Year Ended
	December 31, 2024	December 31, 2023
Revenues	$304,101	$243,800
Cost of sales	259,646	185,831
Gross profit	44,455	57,969
Operating expenses:
Selling, general and administrative expenses	71,398	68,525
Transaction expenses	9,129	13
Research and development	6,128	4,979
Operating income (loss)	(42,200)	(15,548)
Interest expense, net	13,483	10,699
Other (income) expense, net	60,648	1,503
Income (loss) before income taxes	(116,331)	(27,750)
Income tax expense (benefit)	(2,020)	(486)
Net income (loss)	(114,311)	(27,264)
Net income (loss) attributable to noncontrolling interests	4	(1)
Net income (loss) attributable to Redwire Corporation	(114,315)	(27,263)
Less: dividends on Convertible Preferred Stock	41,052	20,021
Net income (loss) available to common shareholders	$(155,367)	$(47,284)
Net income (loss) per common share:
Basic and diluted	$(2.35)	$(0.73)
Weighted-average shares outstanding:
Basic and diluted	66,146,155	64,654,153
Comprehensive income (loss):
Net income (loss) attributable to Redwire Corporation	$(114,315)	$(27,263)
Foreign currency translation gain (loss), net of tax	(1,407)	830
Total other comprehensive income (loss), net of tax	(1,407)	830
Total comprehensive income (loss)	$(115,722)	$(26,433)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)

(In thousands of U.S. dollars, except share data)

Common Stock · Treasury Stock · AdditionalPaid-inCapital · AccumulatedDeficit · Accumulated OtherComprehensiveIncome (Loss) · Total Shareholders’ Equity (Deficit) · Noncontrolling Interests · Total Equity (Deficit)
Shares · Amount · Shares · Amount
Balance as of December 31, 2022	64,280,631	$6	141,811	$(381)		$198,126			$(206,528)			$2,076			$(6,701)			$226			$(6,475)
Equity-based compensation expense	—	—	—	—		8,658			—			—			8,658			—			8,658
Common stock issued under the committed equity facility	497,392	—	—	—		1,280			—			—			1,280			—			1,280
Common stock issued for share-based awards	768,151	1	—	—		—			—			—			1			—			1
Shares repurchased for settlement of employee tax withholdings on share-based awards	—	—	211,659	(570)				—			—			(570)			—			(570)
Convertible preferred stock paid-in-kind dividend	—	—	—	—		(19,741)			—			—			(19,741)			—			(19,741)
Foreign currency translation, net of tax	—	—	—	—		—			—			827			827			3			830
Net income (loss)	—	—	—	—		—			(27,263)			—			(27,263)			(1)			(27,264)
Balance as of December 31, 2023	65,546,174	$7	353,470	$(951)		$188,323			$(233,791)			$2,903			$(43,509)			$228			$(43,281)
Equity-based compensation expense	—	—	—	—		11,326			—			—			11,326			—			11,326
Common stock issued for share-based awards	1,456,196	—	—	—		2,669			—			—			2,669			—			2,669
Shares repurchased for settlement of employee tax withholdings on share-based awards	—	—	375,269	(2,622)		—			—			—			(2,622)			—			(2,622)
Convertible preferred stock paid-in-kind dividend	—	—	—	—		(40,699)			—			—			(40,699)			—			(40,699)
Sale of joint ventures	—	—			—		—			(164)			(164)			(225)			(389)
Foreign currency translation, net of tax	—	—	—	—		—			—			(1,400)			(1,400)			(7)			(1,407)
Net loss	—	—	—	—		—			(114,315)			—			(114,315)			4			(114,311)
Balance as of December 31, 2024	67,002,370	$7	728,739	$(3,573)		$161,619			$(348,106)			$1,339			$(188,714)			$—			$(188,714)

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.