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2025 delivered strong operational and strategic outcomes through disciplined execution, improving gross profit and Adjusted EBITDAS margins over prior year
80% confidenceRecapitalization Transaction significantly strengthened balance sheet and positioned organization to advance growth strategy
80% confidenceLiquidity and cash flows from operations will be sufficient to meet short-term contractual obligations and maintain compliance with financial covenants through December 31, 2026
80% confidenceCompany remains committed to core values and customer-centric focus to deliver services safely, on time, and on budget, enabling growth strategy through industrial market diversification and geographic expansion
80% confidenceTRIF reached 0.10, the best safety performance in company history
80% confidenceRevenue decline from prior year due to persistent market uncertainty that weighed on customer spending
80% confidenceNew contract awards of $914.4 million provide solid foundation for 2026
80% confidence