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 May 6, 2025. The filing announces the financial results for the quarter ended March 31, 2025. The Company is headquartered in Jacksonville, Florida, and its common stock trades on the New York Stock Exchange.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report references a press release (Exhibit 99.1) and a presentation (Exhibit 99.2) containing these details, including non-GAAP measures such as EBITDA, adjusted EBITDA, adjusted EBITDA margin, and last twelve months adjusted EBITDA. These non-GAAP measures are reconciled to GAAP measures in the referenced exhibits.
Material Changes
The filing text does not disclose specific material changes in financial performance versus the prior comparable period. Investors must refer to the attached press release and presentation for period-over-period comparisons and operating performance analysis.
Guidance, Outlook, and Risks
The Company notes that it does not provide a reconciliation of its non-GAAP guidance measure (Adjusted EBITDA for fiscal year 2025) to net income due to the inherent difficulty of forecasting certain expenses and gains without unreasonable effort. Management cautions that non-GAAP measures should be considered in addition to, not as a substitute for, reported GAAP results. Additionally, the Company states there can be no assurance that its non-GAAP measures are comparable to those used by other publicly traded companies.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q1 2025 revenue, net income, and cash flow figures.
- Examine Exhibit 99.2 (Presentation) for detailed non-GAAP reconciliations and adjusted EBITDA metrics.
- Verify the specific adjustments made to derive Adjusted EBITDA from GAAP net income.
- Confirm the Company's fiscal year 2025 guidance for Adjusted EBITDA and any associated assumptions.
- Assess the impact of the "emerging growth company" status on financial reporting standards and transition periods.