Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 30

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 30
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    |     |      |  (7,401 | )  |     |      |       — |    |
| Litigation settlements(7)                                         |     |                       |       — |    |     |      |       — |    |     |                    |   3,000 |    |     |      |       — |    |     |      |       — |    |
| Adjusted EBITDA                                                   |     |                     $ | 108,881 |    |     |    $ | 123,023 |    |     |                  $ | 119,835 |    |     |    $ | 166,410 |    |     |    $ | 229,625 |    |
| Net Loss Margin                                                   |     |                       |    (0.9 | )% |     |      |    (2.1 | )% |     |                    |    (6.6 | )% |     |      |    (2.8 | )% |     |      |    (1.3 | )% |
| Adjusted EBITDA Margin                                            |     |                       |    11.0 | %  |     |      |    11.1 | %  |     |                    |     9.6 | %  |     |      |    10.3 | %  |     |      |    10.9 | %  |

| (1) | Represents costs incurred in connection with our debt refinancings in each of the periods presented. |

| (2) | Refer to “Note 5—Goodwill and Intangible Assets” in the Notes to Consolidated Financial 
 Statements, for details on the nature of the impairment.                                |

| (3) | For the six months ended June 30, 2025 and 2024, the figures include $0.2 million and                                                                                                                                                                
 $5.4 million, respectively, of acquisition costs recorded in acquisition-related costs and $1.6 million and $0.7 million, respectively, of acquisition integration costs recorded in selling, general and administrative costs in the                
 Consolidated Condensed Statement of Operations. For the years ended December 31, 2024, 2023 and 2022, the figures include $5.6 million, $3.8 million and $5.6 million, respectively, of acquisition costs recorded in acquisition-related costs, and 
 $1.1 million, $1.6 million and $