Cadre Holdings, Inc. Form 8-K Summary
Business Context and Reporting Period
Cadre Holdings, Inc. (CDRE), an emerging growth company incorporated in Delaware, filed this Current Report on Form 8-K on March 15, 2023. The filing announces the Company's financial results for the fourth quarter and the full year ended December 31, 2022.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached press release (Exhibit 99.1) and presentation (Exhibit 99.2), which are incorporated by reference but not detailed in the 8-K body text.
The Company utilizes the following non-GAAP measures to supplement GAAP results:
- Earnings before interest, taxes, other income or expense, depreciation and amortization (EBITDA)
- Adjusted EBITDA
- Adjusted EBITDA margin
- Adjusted EBITDA conversion rate
Material Changes and Outlook
The filing does not explicitly detail material changes versus prior periods or provide specific forward-looking guidance within the text. Management commentary regarding period-over-period operating performance and future earnings expectations is located in the referenced exhibits. The Company cautions that non-GAAP measures should not be viewed as a substitute for GAAP results and may not be comparable to similarly titled measures used by other companies.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q4 and full-year 2022 revenue, net income, and cash flow figures.
- Examine Exhibit 99.2 (Slide Presentation) for management's discussion of operational trends and future outlook.
- Verify the reconciliation of non-GAAP measures (Adjusted EBITDA) to GAAP net income in the attached exhibits.
- Confirm the Company's status as an emerging growth company and any associated accounting transition periods.