Added to YB: 2025-05-19
Pitch date: 2025-05-15
LMB [neutral]
Limbach Holdings, Inc.
-41.71%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
Company Info
Limbach Holdings, Inc. operates as a building systems solution company in the United States. The company operates through two segments, Owner Direct Relationships and General Contractor Relationships.
Market Cap
$917.6M
Pitch Price
$122.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
1.49
Sector
Construction and Engineering
Category
growth
Some Position Updates - Limbach Holdings, Inc.
LMB (holding update): Record Q1 - revenue +11.9% to $133.1M, net income $10.2M ($0.85/share), EBITDA +26.5% to $14.9M. ODR revenue +21.7% to $90.4M (67.9% of total). Strategy shift from construction to recurring services with data-driven approach creating competitive advantage. M&A opportunity to buy family businesses at low multiples. 22x FCF now, but potential $1B rev w/ 15% EBITDA margins in 4-5 years.
Read full article (2 min)