Company: JBI
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001839839-25-000032
Chunk: 119

Company: Janus International Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 119
---
venuesDecember 28, 2024December 30, 2023North America Segment revenues $892.6 $985.7 International Segment revenues 73.6 82.3 Intersegment Eliminations(2.4)(1.6)Consolidated total revenues$963.8 $1,066.4 

Year EndedCost of revenuesDecember 28, 2024December 30, 2023North America Segment cost of revenues $512.8 $560.2 International Segment cost of revenues 55.6 58.1 Intersegment Eliminations(2.4)(1.6)Consolidated total cost of revenues$566.0 $616.7 

Revenues by sales channel North America RevenuesInternational RevenuesEliminationsConsolidated RevenuesDecember 28, 2024New Construction - Self Storage$354.0 $62.2 $— $416.2 R3 - Self Storage234.3 11.4 — 245.7 Commercial and Other304.3 — (2.4)301.9 $892.6 $73.6 $(2.4)$963.8 December 30, 2023New Construction - Self Storage$321.7 $73.2 — $394.9 R3 - Self Storage325.8 9.1 — 334.9 Commercial and Other338.2 — (1.6)336.6 $985.7 $82.3 $(1.6)$1,066.4 

40

Non-GAAP Financial Measures 

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 substitute for the relevant GAAP measures and should be read in conjunction with information presented on a GAAP basis.

Adjusted EBITDA 

Janus presents Adjusted EBITDA which is a non-GAAP financial performance measure, which excludes from reported GAAP results, the impact of certain items consisting of acquisition events and other non-recurring charges. Management believes Adjusted EBITDA allows investors to evaluate the Company’s operating performance and compare our results of operations from period to period on a consistent basis by excluding