ACUREN CORP
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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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 14, 2025
TIC$10.99-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
(amounts in thousands, except share and per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| Successor2025 | Predecessor2024 | Successor2025 | Predecessor2024 | |
| Service revenue | $313,925 | $309,292 | $548,140 | $532,354 |
| Cost of revenue | 239,824 | 228,673 | 430,370 | 395,887 |
| Gross profit | 74,101 | 80,619 | 117,770 | 136,467 |
| Selling, general and administrative expenses | 55,236 | 60,870 | 107,694 | 102,724 |
| Transaction costs | 515 | — | 1,166 | — |
| Income from operations | 18,350 | 19,749 | 8,910 | 33,743 |
| Interest expense, net | 15,451 | 17,569 | 31,458 | 33,551 |
| Other income, net | (777) | (279) | (1,896) | (286) |
| Income (loss) before income tax provision | 3,676 | 2,459 | (20,652) | 478 |
| Income tax provision | 3,909 | 7,909 | 5,374 | 7,199 |
| Net loss | (233) | (5,450) | (26,026) | (6,721) |
| Other comprehensive income (loss): | ||||
| Foreign currency translation adjustment | 48,376 | (3,260) | 50,937 | (12,838) |
| Total other comprehensive income (loss) | 48,376 | (3,260) | 50,937 | (12,838) |
| Total comprehensive income (loss) | $48,143 | $(8,710) | $24,911 | $(19,559) |
| Basic and diluted loss per share: | ||||
| Common stock | $(0.00) | $— | $(0.21) | $— |
| Series A Preferred Stock | $(0.00) | $— | $(0.21) | $— |
| Common shares | $— | $(1.08) | $— | $(1.34) |
| Weighted-average shares outstanding: | ||||
| Common stock, basic | 121,476,215 | — | 121,476,215 | — |
| Common stock, diluted | 122,476,215 | — | 122,476,215 | — |
| Series A Preferred Stock, basic and diluted | 1,000,000 | — | 1,000,000 | — |
| Common shares, basic and diluted | — | 5,024,802 | — | 5,024,802 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.