Company: JBI
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001839839-25-000032
Chunk: 108

Company: Janus International Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 108
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8 $(130.4)(14.3)%Service revenues184.4 156.6 27.8 17.8 %Total revenue$963.8 $1,066.4 $(102.6)(9.6)%Product cost of revenues442.3 500.8 (58.5)(11.7)%Service cost of revenues123.7 115.9 7.8 6.7 %Cost of revenues$566.0 $616.7 $(50.7)(8.2)%GROSS PROFIT$397.8 $449.7 $(51.9)(11.5)%OPERATING EXPENSESelling and marketing68.1 65.5 2.6 4.0 %General and administrative171.1 138.5 32.6 23.5 %Impairment 12.0 — 12.0 100.0 %Operating Expenses$251.2 $204.0 $47.2 23.1 %INCOME FROM OPERATIONS$146.6 $245.7 $(99.1)(40.3)%Interest expense, net(49.6)(60.0)10.4 (17.3)%Gain on sale of manufacturing facility 5.0 — 5.0 100.0 %Loss on extinguishment and modification of debt(1.7)(3.9)2.2 (56.4)%Other (expense)— 1.0 (1.0)(100.0)%Other Expense, Net$(46.3)$(62.9)$16.6 (26.4)%INCOME BEFORE TAXES$100.3 $182.8 $(82.5)(45.1)%Provision for Income Taxes29.9 47.1 (17.2)(36.5)%NET INCOME$70.4 $135.7 $(65.3)(48.1)%Adjusted EBITDA*$208.5 $285.6 $(77.1)(27.0)%

*Janus uses measures of performance that are not required by or presented in accordance with GAAP in the United States. Non-GAAP financial performance measures are used to supplement the financial information presented on a GAAP basis. These non-GAAP financial measures should not be considered in isolation or as a