BLUE BELL, Pa. — BrightView Holdings recently reported unaudited results for the fourth quarter and audited results for the full fiscal year ended September 30, 2021.
Among other results, the company revealed a total annual revenue of $2.533 billion, nearly a 9% increase compared to $2.3 billion in the prior year. Maintenance revenue increased by nearly 15%. Notably, the company reported a net income of $46.3 million, or $0.44 per share, and a net income margin of 1.8%, compared to net loss of $41.6 million, or ($0.40) per share, and a net loss margin of 1.8% in the prior year.
"As I look back on the last year, it is remarkable how much we persevered and have accomplished," said Andrew Masterman, BrightView President and Chief Executive Officer. "Ultimately, the basis of our success is our people who continue to navigate challenging circumstances and remain dedicated to professional excellence. Our people, their performance, and their intense customer focus is why I am confident in our ability to deliver continued profitable growth.”
To view the full results, click here.
Latest from Lawn & Landscape
- Tribute to an industry guru
- Caterpillar names Christy Pambianchi as chief human resources officer
- Ceramica acquires Fundraising Brick
- Senske Family of Companies acquires Huron Pest Control
- Sunseeker unveils new X7 Series Robotic Mowers
- Bobcat Company debuts MT120 mini track loader
- Senske Family of Companies opens new corporate office
- Autonomowus Lawn Company adds robotic mowers to Genan tire recycling plant
