Limbach Holdings, Inc. (LMB)
Limbach Holdings, Inc. (LMB)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 4,380 | 12,300 | 8,788 | 17,976 |
| Depreciation and amortization | 4,417 | 5,075 | 5,063 | 7,995 |
| Provision for credit losses | 116 | 52 | 213 | 139 |
| Non-cash stock-based compensation expense | 1,854 | 1,800 | 1,980 | 3,236 |
| Loss on early debt extinguishment | NaN | 0 | NaN | NaN |
| Non-cash operating lease expense | 1,100 | 1,056 | 1,029 | 1,992 |
| Amortization of debt issuance costs | 16 | 17 | 16 | 21 |
| Deferred income tax benefit | -3,657 | 1,140 | 1,346 | 128 |
| Contract liabilities | NaN | NaN | -1,334 | -12,419 |
| Gain on sale of property and equipment | 238 | 577 | 367 | 740 |
| Contract assets | NaN | NaN | 2,685 | -1,644 |
| Change in fair value of contingent consideration | NaN | NaN | 1,512 | NaN |
| Acquisition-related retention expense and contingent consideration | 149 | 763 | NaN | 1,222 |
| Income tax receivable | NaN | 44 | 1,872 | -1,916 |
| (gain) loss on change in fair value of interest rate swap | 38 | -16 | -22 | -153 |
| Accounts receivable | -12,583 | -9,209 | 11,198 | -6,455 |
| Contract assets and contract liabilities, net | 3,962 | 24,779 | NaN | NaN |
| Other current assets | 3,970 | -6,785 | 2,525 | 1,040 |
| Accounts payable, including retainage | -12,045 | 8,260 | 2,456 | -5,428 |
| Accrued taxes payable | 0 | 1,152 | 0 | -1,470 |
| Operating lease liabilities | -1,072 | -1,035 | -996 | -1,968 |
| Accrued expenses and other current liabilities | -4,248 | -7,543 | 9,515 | -10,890 |
| Payment of contingent consideration liability in excess of acquisition-date fair value | 2,895 | 812 | 0 | 711 |
| Other long-term liabilities | -300 | 702 | -156 | -137 |
| Net cash (used in) provided by operating activities | -7,810 | 28,129 | 13,329 | 4,242 |
| Net of cash acquired-Pioneer Power Inc. | NaN | 0 | 65,651 | NaN |
| Net of cash acquired-Kent Island Mechanical Inc. | NaN | NaN | 0 | NaN |
| Net of cash acquired-Kent Island | NaN | 0 | NaN | NaN |
| Net of cash acquired-Consolidated Mechanical | NaN | 0 | 0 | 3 |
| Net of cash acquired-ACMEIndustrial Piping LLC | NaN | 0 | NaN | NaN |
| Net of cash acquired-Industrial Air Transaction | NaN | 0 | NaN | NaN |
| Consolidated mechanical transaction, measurement period adjustment | 0 | NaN | NaN | NaN |
| Proceeds from sale of property and equipment | 299 | 570 | 379 | 926 |
| Advances from joint ventures | 1 | 0 | 0 | 0 |
| Purchase of property and equipment | 407 | 251 | 481 | 3,075 |
| Net cash used in investing activities | -107 | 319 | -65,753 | -2,152 |
| Payments on wintrust term loans | NaN | 0 | NaN | NaN |
| Payments on wintrust revolving loan | 32,112 | 56,496 | 17,347 | NaN |
| Proceeds from wintrust revolving loan | 54,492 | 31,995 | 41,848 | NaN |
| Payments of debt issuance costs | NaN | 0 | 43 | 125 |
| Payment of contingent consideration liability up to acquisition-date fair value | 3,105 | 1,188 | 0 | 2,289 |
| Payments on finance leases | 1,264 | 1,315 | 1,285 | 1,767 |
| Proceeds from the sale of shares to cover employee taxes | 5,945 | 0 | 0 | 6,344 |
| Taxes paid related to net-share settlement of equity awards | 12,037 | 0 | 0 | 10,684 |
| Proceeds from contributions to employee stock purchase plan | 419 | 83 | 129 | 441 |
| Net cash provided by (used in) financing activities | 12,338 | -26,921 | 23,302 | -8,080 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 4,421 | 1,527 | -29,122 | -5,990 |
| Cash, cash equivalents and restricted cash, beginning of period | 11,410 | 9,883 | 44,995 | NaN |
| Cash, cash equivalents and restricted cash, end of period | 15,831 | 11,410 | 9,883 | NaN |