JFB

Explore JFB Construction Holdings's Fair Values from the Community and select yours Revenue: US$3.68m (down 26% from 2Q 2024). Net loss: US$2.37m (down from US$30.0k profit in 2Q 2024). US$0.26 loss per share. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period JFB Construction Holdings shares are down 15% from a week ago. You should learn about the 2 warning signs we've spotted with JFB Construction Holdings. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Revenues increase 93%; Gross profit increases over 66% Lantana, FL, May 20, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, announces financial results for the first quarter 2025. First Quarter 2025 and Recent Highlights Commencement of $21 million construction contract; largest Single contract in JFB history Awarded $18 million contract as general contractor for Co-Developed New Courtyard by Marriott Awarded $15 million industrial construction project Awarded $6.7 million contract as general contractor for Courtyard by Marriott conversion and remodel. Named Jesus Rolon as Chief Construction Officer Closed $5.16 initial public offering Priced $5.16 initial public offering First Quarter 2025 Financial Highlights Total revenues were $5.91 million, up over 93%, compared to $3.05 million for the first quarter of 2024. Gross profit was over $1.46 million, up over 66%, compared to 587,199 for the first quarter of 2024. “The first quarter of 2025 was a very strong kick-off for JFB as a public company as revenue nearly doubled, up over 93%, primarily due to a significant rise in the number of new contracts secured, as well as the commencement of several new projects,” said CEO Joseph F. Basile, III. “Compared to the same period in the previous year, we saw a notable increase in client demand, which led to a higher volume of business opportunities being converted into signed agreements.” “We achieved several milestones during the quarter: we successfully completed our IPO, we were awarded two contracts for projects for Courtyard by Marriott, one in which we are the co-developer, and we signed a $21 million construction contract to develop a 79-unit townhome community in South Florida, which to date is the largest in our history. “Our gross profit increased by over 66% as we closed new contracts and project commencements. While our billing increased due to strong volume, we were still able to increase operational efficiency and control costs on project related expenses. “Although expenses increased, as expected, during the first quarter, these are largely due to the costs associated with advertising campaigns, expanded sales initiatives, team development, staff expansion, and the launch of new marketing strategies. We believe that these expenses that are aimed...