Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 375

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 375
---
 production volumes as the newly acquired plants ramped up. Margin performance remained solid, supported by steady pricing and volume growth. Predecessor Year Ended December 31, 2023 Gross profit represented 35.5% of revenue for the Predecessor 2023 Period. Results during this period primarily reflect our baseline operations prior to the SMG assets acquisition, along with contributions from the first full year of operations following the Shelton acquisition.

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TABLE OF CONTENTS

#### Operating Expenses
Selling, General and Administrative Expenses

Successor Period (May 22, 2024 through December 31, 2024)

SG&A expenses were $16.3 million in the Successor 2024 Period. Results for the period reflect increased depreciation and amortization expense associated with the fair value step-up of property and the recognition of customer relationship intangibles in connection with the Concrete Acquisition. SG&A also included higher professional services costs as we continued to scale our operations.

Predecessor Period (January 1, 2024 through July 29, 2024)

SG&A expenses were $16.9 million in the Predecessor 2024 Period. Activity during the period primarily reflected personnel-related costs and overhead associated with integrating the SMG assets acquisition, as well as increased administrative support to manage the larger operating platform.

Predecessor Year Ended December 31, 2023

SG&A expenses were $22.7 million in the Predecessor 2023 Period. Results for the period primarily reflect baseline overhead and personnel costs prior to the SMG assets acquisition, as well as administrative support associated with the existing plant network and the Shelton acquisition.

#### Acquisition-related Costs
Successor Period (May 22, 2024 through December 31, 2024)

Acquisition-related costs were $7.4 million in the Successor 2024 Period. The activity during this period primarily reflects acquisition costs incurred in connection with the Concrete Acquisition, including legal, financial advisory, accounting, and other professional service fees.

Predecessor Period (January 1, 2024 through July 29, 2024)

We did not have other operating expenses during the Predecessor 2024 Period.

Predecessor Year Ended December 31, 2023

We did not have other operating expenses during the Predecessor 2023 Period.

(Gain) Loss on Disposal of Assets

Successor Period (May 22, 2024 through December 31, 2024)