Total Revenue

+22% (from $59.04M to $72.03M)

Total Revenue increased driven by the strong performance of key segments, especially the Fire Safety segment, which surged by 48% YoY, and a modest increase in Specialty Products (+3% YoY), reflecting the company's ability to leverage market demand improvements and operational momentum compared to Q1 2024. " " "

Fire Safety segment revenue

+48% (from $25.16M to $37.16M)

Fire Safety revenue rose dramatically from increased fire retardant demand, likely fueled by above-average fire events and proactive customer measures. This robust growth in Q1 2025 build on the lower base of Q1 2024, highlighting both favorable market conditions and effective business strategies. " "

Specialty Products segment revenue

+3% (to $34.87M)

Specialty Products showed modest growth, indicating a stabilized market performance that may result from the balancing effects of recent acquisitions and unplanned operational downtime, contrasting with the more pronounced recovery seen in the Fire Safety segment. " "

Operating Cash Flow

+750% (from $2,786K to $23,746K)

Operating cash flow nearly turned positive, showing over a 750% improvement. This sharp turnaround suggests significant gains in working capital management and operational efficiencies, creating a strong forward outlook relative to the challenges of the prior period. " "

Net Income / EPS

Net Income: $56,686K; EPS from a loss of $0.57 to a gain of $0.38

Income performance improved markedly, driven by the combined effect of revenue growth and cost control measures. The reversal in EPS from a loss to a gain underscores the company's successful operational restructuring and improved margin profile compared to Q1 2024. " "