DMC Global Inc
NASDAQ:BOOM
DMC Global Inc
DMC Global, Inc. is a holding company, which engages in the provision of technical products and services in the energy, industrial, and infrastructure markets. The company is headquartered in Boulder, Colorado and currently employs 1,503 full-time employees. The firm operates a portfolio of asset-light businesses that provide differentiated products and services to their respective industries. The company helps portfolio companies grow their core businesses, launch new initiatives, upgrade technologies and systems to support their long-term growth strategies, and make acquisitions that improve their competitive positions and expand their markets. The firm's portfolio consists of Arcadia Inc., a supplier of architectural building products; DynaEnergetics, which serves the global energy industry, and NobelClad, which addresses the global industrial process and transportation sector. The company is engaged in manufacturing and providing a range of products in the areas of composite materials and oil and gas well-perforating systems. DynaEnergetics and NobelClad operate globally through an international network of manufacturing, distribution, and sales facilities.
DMC Global, Inc. is a holding company, which engages in the provision of technical products and services in the energy, industrial, and infrastructure markets. The company is headquartered in Boulder, Colorado and currently employs 1,503 full-time employees. The firm operates a portfolio of asset-light businesses that provide differentiated products and services to their respective industries. The company helps portfolio companies grow their core businesses, launch new initiatives, upgrade technologies and systems to support their long-term growth strategies, and make acquisitions that improve their competitive positions and expand their markets. The firm's portfolio consists of Arcadia Inc., a supplier of architectural building products; DynaEnergetics, which serves the global energy industry, and NobelClad, which addresses the global industrial process and transportation sector. The company is engaged in manufacturing and providing a range of products in the areas of composite materials and oil and gas well-perforating systems. DynaEnergetics and NobelClad operate globally through an international network of manufacturing, distribution, and sales facilities.
Sales & Profit: Q3 sales were $151.5 million, down 1% year-over-year, but adjusted EBITDA jumped 51% to $8.6 million.
Deleveraging: Net debt was reduced to $30.1 million, down 47% since the start of the year, marking the lowest level since 2021.
Business Segment Trends: Arcadia showed improved profitability and stability; DynaEnergetics faced margin pressure from tariffs and declining US energy activity; NobelClad’s sales dropped due to tariff uncertainty, but secured the largest order in its history.
Guidance: Q4 sales are expected between $140 million and $150 million, with adjusted EBITDA projected at $5 million to $8 million.
Market Headwinds: Management cited persistent challenges from high interest rates, weak construction activity, energy price volatility, and tariffs across all segments.
Margin Outlook: Margins at DynaEnergetics and NobelClad are expected to remain under pressure in the near term due to low sales volumes and limited pricing power.
