LandBridge Company LLC Announces First Quarter 2025 Results

About this update from Landbridge Company Llc

[{"type":"text","content":"Delivers Q1 revenue growth of 131% year-over-year and 20% quarter-over-quarter","length":78,"tagName":"p"},{"type":"text","content":"Declared quarterly cash dividend of $0.10 per share","length":51,"tagName":"p"},{"type":"text","content":"Re-affirms FY25 EBITDA outlook of $170 million to $190 million","length":62,"tagName":"p"},{"type":"text","content":"HOUSTON, May 07, 2025--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (the "Company," "LandBridge") today announced its financial and operating results for the first quarter ended March 31, 2025.","length":219,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Financial Highlights","length":39,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $44.0 million, up 131% year-over-year and 20% quarter-over-quarter","length":78,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income of $15.5 million(1)","length":30,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income margin of 35%(1)","length":27,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA(2) of $38.8 million, up 129% year-over-year and 22% quarter-over-quarter","length":88,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA Margin(2) of 88%","length":32,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Cash flows from operating activities of $15.9 million","length":53,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Free Cash Flow(2) of $15.8 million","length":34,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating cash flow margin of 36%","length":33,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Free Cash Flow Margin(2) of 36%","length":31,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":406,"olType":false},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;","val":[{"type":"text","content":"(1) 1Q25 net income and net income margin include a non-cash expense of $11.1 million attributable to share-based compensation, of which $8.9 million is attributable to management incentive units issued by LandBridge Holdings LLC ("Incentive Units"). Any actual cash expense associated with such Incenti...

More updates from Landbridge Company Llc