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 August 11, 2022. The filing announces the financial results for the quarter ended June 30, 2022, via a press release and a conference call presentation attached as Exhibits 99.1 and 99.2.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a notification that these results have been released and directs investors to the attached exhibits for detailed data.
The Company utilizes the following non-GAAP measures in its reporting:
- Earnings before interest, taxes, other income or expense, depreciation and amortization (EBITDA)
- Adjusted EBITDA
- Adjusted EBITDA margin
- Adjusted EBITDA conversion rate
- Last Twelve Months (LTM) adjusted EBITDA
Material Changes and Comparisons
The filing text does not contain specific data regarding material changes versus the prior comparable period. Investors are referred to the attached press release and presentation for period-over-period operating performance analysis.
Guidance, Outlook, and Risks
The Company states that the presentation of non-GAAP measures is intended to provide useful information for understanding ongoing operations and modeling future earnings expectations. However, the filing includes standard cautions that non-GAAP measures should not be considered a substitute for GAAP results and may not be comparable to similarly titled measures used by other companies. No specific forward-looking guidance or new risk factors are detailed within the text of this 8-K form itself.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q2 2022 revenue and earnings figures.
- Examine Exhibit 99.2 (Slide Presentation) for detailed non-GAAP reconciliations and management commentary.
- Verify the reconciliation of Adjusted EBITDA to the nearest GAAP measure as provided in the exhibits.
- Confirm the Company's status as an emerging growth company and any associated accounting election impacts.