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ProFrac Holding Corp. Reports Full Year and Fourth Quarter 2024 Results

ProFrac Holding Corp. - Class A (ACDC) 
Company Research Source: Business Wire
WILLOW PARK, Texas--(BUSINESS WIRE)--ProFrac Holding Corp. (NASDAQ: ACDC) (“ProFrac”, or the “Company”) today announced financial and operational results for its 2024 full year and fourth quarter ended December 31, 2024.Full Year 2024 ResultsTotal revenue was $2.19 billion compared to revenue of $2.63 billion in 2023Net loss was $208 million compared to net loss of $59 million in 2023Adjusted EBITDA(1) was $501 million compared to $688 million in 2023; 23% of revenue in 2024 compared to 26% of revenue in 2023Net cash provided by operating activities was $367 million compared to $554 million in 2023Capital expenditures totaled $255 millionFree cash flow(2) was $185 millionNet debt(3) was $1.12 billion as of December 31, 2024Fourth Quarter 2024 ResultsTotal revenue was $455 million compared to third quarter revenue of $575 millionNet loss was $102 million compared to net loss of $44 million in the third quarterAdjusted EBITDA(1) was $71 million compared to $135 million in the third Show less Read more
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