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Recent Updates — RMIX

August 14, 2026View Source ↗

Suncrete, Inc. reported financial results for the quarter ended June 30, 2026, announcing revenue of $97.2 million, a 146% increase from $39.5 million in the prior year period. The company posted a net loss of $37.1 million compared to a $325,000 loss last year, driven by a $26.9 million non-cash charge related to recent business combinations. Adjusted EBITDA rose to $13.5 million from $7.0 million, while total concrete yards delivered increased 123%. Suncrete maintained its full-year 2026 revenue guidance of $420 million to $480 million and confirmed the integration of acquisitions including Hope Concrete, Nelson Bros., and ABC Block Company. The company operates as a ready-mix concrete logistics and distribution platform in the U.S. Sunbelt region.

July 7, 2026View Source ↗

Suncrete, Inc. entered into a Fifth Amendment to its Credit Agreement on June 30, 2026, increasing the Revolving Credit Facility from $25.0 million to $50.0 million and adding a $175.0 million delayed draw term loan facility. The new facility is intended to use for retroactive refinancing of acquisitions and to finance future permitted acquisitions. The company's senior net leverage ratio requirement was modified to 4.00-to-1.00 through June 30, 2027, and 3.50-to-1.00 after September 30, 2027. Suncrete, Inc. operates in the construction materials industry and provides concrete and related services.

June 12, 2026View Source ↗

Suncrete, Inc. acquired Newoods, Inc., doing business as ABC Block Company, on June 8, 2026. The acquisition was executed through an indirect wholly owned subsidiary using a combination of $27.2 million in cash and 587,726 shares of Class A Common Stock. The transaction was conducted under exemptions from registration provided by Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D. Suncrete, Inc. is a concrete product supplier.