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 11, 2025. The filing announces the Company's financial results for the fourth quarter and full year ended December 31, 2024.
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 body of this 8-K.
The Company reports the following non-GAAP measures in its accompanying materials:
- Earnings Before Interest, Taxes, Other Income or Expense, Depreciation and Amortization (EBITDA)
- Adjusted EBITDA
- Adjusted EBITDA Margin
Material Changes and Comparisons
The filing does not explicitly state material changes versus prior periods within the text provided. The Company states that the attached non-GAAP measures are intended to enable investors to focus on period-over-period operating performance.
Guidance, Outlook, and Management Commentary
Management emphasizes that non-GAAP measures should be considered in addition to, not as a substitute for, reported GAAP results. The Company notes that there can be no assurance that its non-GAAP measures are comparable to those used by other publicly traded companies.
Regarding guidance, the Company explicitly states it does not provide a reconciliation of the non-GAAP guidance measure (Adjusted EBITDA) for fiscal year 2025 to net income for fiscal year 2025. This omission is due to the inherent difficulty of forecasting certain expenses and gains without unreasonable effort.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q4 and full-year 2024 revenue, net income, and cash flow figures.
- Examine Exhibit 99.2 (Presentation) for the reconciliation of non-GAAP Adjusted EBITDA to GAAP net income.
- Verify the specific Adjusted EBITDA guidance for fiscal year 2025, noting the lack of reconciliation to net income.
- Confirm the Company's status as an emerging growth company and any associated reporting exemptions.