Redwire Corporation

Redwire Corporation reported FY 2025 revenues of $335.4 million, a 10.3% increase from $304.1 million in FY 2024. However, the company incurred significant losses, with a net loss attributable to Redwire Corporation of $226.6 million, compared to a net loss of $114.3 million in the prior year. The substantial increase in net loss was driven by a gross profit decline to $17.3 million (5.2% margin) from $44.5 million (14.6% margin), combined with a significant rise in operating expenses, including $171.3 million in SG&A, $21.2 million in transaction expenses, $34.7 million in impairment expense, and $19.8 million in R&D. The company's operating loss widened to $229.7 million from $42.2 million. Cash flow from operations was negative $177.3 million, but financing activities, including a $518.4 million common stock issuance, provided $397.5 million, resulting in a net cash increase of $46.1 million. The company's total assets grew to $1.45 billion, largely due to the acquisition of Edge Autonomy, which added significant goodwill and intangible assets.

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