NV5 Global Inc
NASDAQ:NVEE

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NV5 Global Inc
NASDAQ:NVEE
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Price: 22.56 USD 0.49%
Market Cap: 1.5B USD

NV5 Global Inc
Investor Relations

NV5 Global Inc. is a prominent player in the global engineering and consulting services landscape, transforming its foundational expertise into a comprehensive suite of solutions that cater to an ever-evolving marketplace. Originally established with a focus on engineering and consulting, NV5 strategically expanded its reach to encompass a diverse portfolio that includes infrastructure, construction quality assurance, energy, program management, and environmental services. The company's ability to adapt and integrate advanced technologies into its operations is a significant aspect of its success, allowing it to serve a wide array of clients ranging from public agencies to private enterprises. This adaptability not only enhances NV5's ability to deliver high-quality, tailored services but also strengthens its competitive position in a crowded industry.

The firm generates its revenue through a multifaceted approach that combines organic growth with strategic acquisitions. NV5 has adeptly leveraged its resources to expand both domestically and internationally, ensuring a steady stream of contracts by fulfilling critical infrastructure needs. Its business model revolves around providing end-to-end solutions, guiding projects from concept through to completion. By offering such an extensive range of services, NV5 maintains a robust pipeline of projects across various sectors, ensuring a consistent cash flow. This focus on diversification and integration has been central to NV5's growth narrative, cementing its status as a forward-thinking leader in the engineering and consulting industries.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 1, 2025
AI Summary
Q1 2025

Record Revenues: NV5 reported record first quarter gross revenues of $234 million, up 10% from last year, exceeding internal budget expectations.

Organic Growth: Organic revenue growth was 5% in Q1, with full-year guidance raised to 5–9% organic growth.

Profitability: Net income increased to $428,000, and gross profit rose 10% to $123.2 million. Adjusted EBITDA grew 8% to $29.7 million.

Strong Cash Flow: Cash flow from operations was $38.4 million, up 96% year-over-year, with an adjusted EBITDA conversion rate of 129%.

Segment Strength: Infrastructure segment grew 12% and Buildings & Technology segment grew 17%. Geospatial segment showed slower growth due to federal contract delays but is expected to accelerate.

Margin Initiatives: NV5 is implementing cost and efficiency measures targeting a 150 basis point margin expansion in 2025.

Strategic Acquisitions: Three acquisitions were completed in Q1, supporting organic growth and cross-selling.

Guidance Reaffirmed: Full-year 2025 guidance is reaffirmed: $1.026–$1.045 billion in gross revenues and $0.52–$0.62 EPS.

Key Financials
Gross Revenues
$234 million
Organic Growth
5%
Gross Profit
$123.2 million
Net Income
$428,000
Diluted EPS
$0.01
Adjusted EBITDA
$29.7 million
Adjusted Earnings Per Share
$0.17
Cash Flow from Operations
$38.4 million
Net Leverage
1.3x
Cash on Hand
$53 million
Infrastructure Segment Revenue Growth
12%
Buildings & Technology Segment Revenue Growth
17%
Geospatial Software Revenue Growth
11%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Dickerson Wright P.E.
Executive Chairman
No Bio Available
Mr. Edward H. Codispoti
Chief Financial Officer
No Bio Available
Mr. Richard Tong Esq.
Executive VP, General Counsel & Director
No Bio Available
Mr. Donald C. Alford MBA
Executive Vice President
No Bio Available
Mr. Ben Heraud
Co-Chief Executive Officer
No Bio Available
Ms. Mary Jo E. O'Brien
Executive VP, Chief Administrative Officer, Secretary & Director
No Bio Available
Mr. Kevin Wedman CBO
CBO, Senior Vice President & Director of ENERGY 2021
No Bio Available
Mr. Todd George
Chief Operating Officer of Infrastructure - West
No Bio Available
Mr. Scott Kvandal PE
Chief Synergy Officer
No Bio Available

Contacts

Address
FLORIDA
Hollywood
200 S Park Rd Ste 350
Contacts
+19544952112.0
www.nv5.com