Resolute Holdings Reports Fourth Quarter and Full Year 2025 Results
Rhea-AI Summary
Resolute Holdings (NYSE: RHLD) reported fourth-quarter and full-year 2025 results for the period ended December 31, 2025. GAAP net loss attributable to common stockholders was $5.923 million for the year, with diluted EPS of ($0.69). Management fees were $12.278 million for 2025; selling, general and administrative expenses were $17.567 million.
The company reported Non-GAAP Fee-Related Earnings of $0.916 million for the year and $0.11 per share. Resolute said consolidation following the spin-off requires including GPGI Holdings results and that a January 2026 management agreement with Husky Holdings LLC is expected to meaningfully increase 2026 fee streams and profitability.
Positive
- Fee-Related Earnings of $0.916 million for 2025
- Fee-Related EPS of $0.11 for 2025
- Company expects meaningful 2026 fee and profitability increase from Husky management agreement
Negative
- GAAP net loss attributable to common stockholders of $5.923 million in 2025
- Diluted GAAP EPS of ($0.69) for full-year 2025
- Selling, general and administrative expenses of $17.567 million exceed management fees of $12.278 million
News Market Reaction – RHLD
On the day this news was published, RHLD declined 25.07%, reflecting a significant negative market reaction. Argus tracked a trough of -33.2% from its starting point during tracking. Our momentum scanner triggered 47 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $416M from the company's valuation, bringing the market cap to $1.24B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
RHLD fell about 9.22% while peers showed mixed moves: ANPA and TRNS gained, whereas BKSY, CASS and KODK were modestly negative. This pattern points to a stock-specific reaction rather than a broad sector move.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 03 | Q3 2025 earnings | Positive | +96.8% | Positive Fee-Related Earnings and strong management fees despite GAAP net loss. |
| Aug 07 | Q2 2025 earnings | Positive | +17.4% | Non-GAAP Fee-Related EPS turned positive with solid management fee growth. |
| May 12 | Q1 2025 earnings | Neutral | +5.8% | First standalone quarter, GAAP loss but early fee revenues and optimistic outlook. |
Earnings releases have historically triggered sizable stock moves, with an average move of about 40.01%, often positive when Fee-Related Earnings trends improved.
Across 2025, RHLD’s earnings updates centered on GAAP net losses but improving Non-GAAP Fee-Related Earnings and rising management fees. Q1 2025 showed a GAAP net loss of $0.39 per share and Fee-Related loss of $0.07 per share. By Q2 2025, Fee-Related EPS improved to $0.08, and in Q3 2025 Fee-Related EPS reached $0.13 with management fees of $3.698M. The current Q4/FY 2025 report continues this focus on Fee-Related measures while highlighting new fee streams from Husky.
Historical Comparison
Past three earnings releases saw average moves of 40.01%, mostly positive on improving Fee-Related metrics. Today’s -9.22% reaction contrasts with that prior pattern.
Earnings updates in 2025 showed a progression from initial GAAP losses with negative Fee-Related EPS in Q1 to positive Fee-Related EPS in Q2 and Q3 as management fees grew and the stand‑alone model scaled.
Market Pulse Summary
The stock dropped -25.1% in the session following this news. A negative reaction despite management’s optimistic 2026 comments fits the tension between GAAP losses and improving Fee-Related metrics. Q4 2025 showed EPS of ($0.20) and Fee-Related EPS of ($0.04), a step down from earlier quarters. Given prior strong upside responses to earnings, a -9.22% move may also reflect concern about expense levels and consolidation-related complexity.
Key Terms
u.s. gaap financial
non-gaap financial
spin-off financial
management agreement financial
AI-generated analysis. Not financial advice.
NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Resolute Holdings Management, Inc. (“Resolute Holdings”) (NYSE: RHLD), an operating management company responsible for providing management services to the operating businesses of GPGI, Inc. (“GPGI”) (NYSE: GPGI), today reported financial results for its fiscal fourth quarter and year ended December 31, 2025. Resolute Holdings reported fourth quarter earnings per share attributable to common stockholders of (
As a result of the spin-off from GPGI and execution of the management agreement with GPGI Holdings, L.L.C. (“GPGI Holdings”), Resolute Holdings is required to consolidate the financial results of GPGI Holdings (and its subsidiaries, including Husky Holdings LLC) in accordance with U.S. GAAP. This presentation of financial results does not represent the underlying economics or the positive attributes of Resolute Holdings’ standalone business model, which consist of recurring, long-duration management fees and a relatively fixed expense base. The results of the Resolute Holdings standalone business and associated Non-GAAP Fee-Related Earnings calculation are included below to provide a clear picture of the economic performance of the business directly attributable to shareholders of RHLD. This release includes such results presented in accordance with U.S. GAAP, as well as certain Non-GAAP measures, including Fee-Related Earnings. See “Use of Non-GAAP Financial Measures” below.
| Resolute Holdings Segment Financial Information (GAAP); Fee-Related Earnings and Fee-Related Earnings Per Share (Non-GAAP) ($ in thousands except per share figures) | ||||||||
| Three months | Year | |||||||
| ended | ended | |||||||
| December 31, 2025 | December 31, 2025 | |||||||
| Management fees | $ | 4,032 | 12,278 | |||||
| Selling, general and administrative expenses | 5,877 | 17,567 | ||||||
| Income from operations | (1,845 | ) | (5,289 | ) | ||||
| Total other income (expense) | 85 | 251 | ||||||
| Income (loss) before income taxes | (1,760 | ) | (5,038 | ) | ||||
| Income tax (expense) | 45 | (885 | ) | |||||
| Net income (loss) | (1,715 | ) | (5,923 | ) | ||||
| Net income (loss) attributable to non-controlling interest | — | — | ||||||
| Net income (loss) attributable to common stockholders | (1,715 | ) | (5,923 | ) | ||||
| Net income (loss) per share attributable to common stockholders - diluted | $ | (0.20 | ) | (0.69 | ) | |||
| Adjustments to reconcile Fee-Related Earnings to net income (loss) attributable to common stockholders: | ||||||||
| Add: Equity-based compensation at GPGI (1) | 1,376 | 5,157 | ||||||
| Add: Pro forma management fees from Jan 1, 2025 to Feb 27, 2025 (2) | — | 2,046 | ||||||
| Add: Spin-Off costs (3) | — | 290 | ||||||
| Net tax impact of adjustments (4) | — | (654 | ) | |||||
| Fee-Related Earnings | (339 | ) | 916 | |||||
| Fee-Related Earnings per share - diluted | $ | (0.04 | ) | 0.11 | ||||
(1) Equity-based compensation required to be reported by Resolute Holdings related to awards issued under the GPGI Equity Plan. Equity granted under the GPGI Equity Plan relates to GPGI Class A Common Stock and has no impact on Resolute Holdings’ common stock outstanding.
(2) Incremental management fees as if the CompoSecure Management Agreement was executed on January 1, 2025.
(3) One-time costs associated with the Spin-Off from GPGI.
(4) Tax-effect of adjustments at a
Exhibit – Structural Relationship & Non-GAAP Financial Summary
About Resolute Holdings Management, Inc.
Resolute Holdings (NYSE: RHLD) is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at managed businesses under GPGI, Inc. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which is designed to create value at both the underlying managed businesses and at Resolute Holdings. For additional information on Resolute Holdings, please refer to Resolute Holdings’ filings with the U.S. Securities and Exchange Commission or please visit www.resoluteholdings.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although Resolute Holdings believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, Resolute Holdings cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning Resolute Holdings’ expectations regarding personnel, the acquisition of Husky and the anticipated benefits thereof, potential future investments and opportunities, future platform acquisitions, limited profitability for the year ending December 31, 2025, revenues from management fees, the deployment of the Resolute Operating System, market opportunities, possible or assumed future actions, business strategies, events, or results of operations, and other matters, are forward-looking statements. In some instances, these statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect Resolute Holdings’ future results and could cause those results or other outcomes to differ materially from those expressed or implied in Resolute Holdings’ forward-looking statements: the timing and amount of the management fees payable to Resolute Holdings, including unexpected fluctuations therein, unexpected changes in costs, risks associated with the implementation of the Resolute Operating System, unexpected market and macroeconomic developments, demand for Resolute Holdings’ services, the ability of Resolute Holdings to grow and manage growth profitably, compete within its industry and attract and retain its key employees; risks associated with the acquisition of Husky and the transactions related thereto including the anticipated benefits to GPGI and to Resolute Holdings of such transactions; the possibility that Resolute Holdings may be adversely impacted by other global economic, business, competitive and/or other factors, including but not limited to inflationary pressures, volatile interest rates, variable tariff policies or intensified disruptions in the global financial markets; the outcome of any legal proceedings that may be instituted against Resolute Holdings or others; future exchange and interest rates; and other risks and uncertainties, including those under “Risk Factors” in filings that have been made or will be made with the Securities and Exchange Commission. Resolute Holdings undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Use of Non-GAAP Financial Measures
This press release includes certain non-GAAP financial measures that are not prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and that may be different from non-GAAP financial measures used by other companies. Resolute Holdings believes Fee-Related Earnings and Fee-Related Earnings per share are useful to investors in evaluating Resolute Holdings’ financial performance. Resolute Holdings believes that these non-GAAP financial measures depict the performance of the business and underlying economics attributable to Resolute Holdings common stockholders. Fee-Related Earnings and Fee-Related Earnings per share should not be considered as measures of financial performance under U.S. GAAP, and the items excluded from Fee-Related Earnings and Fee-Related Earnings per share are significant components in understanding and assessing Resolute Holdings’ financial performance. Accordingly, these key business metrics have limitations as an analytical tool. They should not be considered as an alternative to net income, net income per share, or any other performance measures derived in accordance with U.S. GAAP and may be different from similarly titled non-GAAP measures used by other companies.
For investor inquiries, please contact:
Resolute Holdings
(212) 256-8405
info@resoluteholdings.com
| Consolidated Balance Sheets Resolute Holdings Management, Inc. ($ in thousands, except par value and share amounts) | ||||||||
| December 31, | December 31, | |||||||
| 2025 | 2024 | |||||||
| ASSETS | ||||||||
| CURRENT ASSETS | ||||||||
| Cash and cash equivalents | $ | 161,369 | $ | 71,589 | ||||
| Short-term investments | 44,126 | — | ||||||
| Accounts receivable | 44,220 | 47,449 | ||||||
| Inventories, net | 44,214 | 44,833 | ||||||
| Prepaid expenses and other current assets | 3,542 | 2,696 | ||||||
| Deferred tax asset | 180 | 24 | ||||||
| Total current assets | 297,651 | 166,591 | ||||||
| Property and equipment, net | 21,803 | 23,448 | ||||||
| Right of use assets, net | 9,957 | 5,404 | ||||||
| Derivative asset - interest rate swap | — | 2,749 | ||||||
| Deposits and other assets | 4,004 | 3,600 | ||||||
| Total assets | $ | 333,415 | $ | 201,792 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||||||||
| CURRENT LIABILITIES | ||||||||
| Accounts payable | $ | 11,925 | $ | 5,691 | ||||
| Accrued expenses | 48,363 | 31,091 | ||||||
| Current portion of long-term debt | 15,000 | 11,250 | ||||||
| Current portion of lease liabilities – operating leases | 2,239 | 2,113 | ||||||
| Total current liabilities | 77,527 | 50,145 | ||||||
| Long-term debt, net of deferred financing costs | 169,791 | 184,389 | ||||||
| Lease liabilities, operating leases | 8,331 | 3,888 | ||||||
| Total liabilities | 255,649 | 238,422 | ||||||
| Commitments and contingencies (Note 17) | — | — | ||||||
| Preferred stock, | — | — | ||||||
| Common stock, | — | — | ||||||
| Additional paid-in capital | 18,883 | 1,544 | ||||||
| Accumulated deficit | (8,257 | ) | (2,334 | ) | ||||
| Treasury stock | (4,103 | ) | — | |||||
| Total stockholders' equity (deficit) | 6,523 | (790 | ) | |||||
| Non-controlling interest | 71,243 | (35,840 | ) | |||||
| Total equity (deficit) | 77,766 | (36,630 | ) | |||||
| Total liabilities and stockholders' equity (deficit) | $ | 333,415 | $ | 201,792 | ||||
| Consolidated Statements of Operations Resolute Holdings Management, Inc. ($ in thousands, except per share amounts) | ||||||||
| Year ended | ||||||||
| December 31, | ||||||||
| 2025 | 2024 | |||||||
| Net sales | $ | 462,055 | $ | 420,571 | ||||
| Cost of sales | 201,843 | 201,344 | ||||||
| Gross profit | 260,212 | 219,227 | ||||||
| Operating expenses: | ||||||||
| Selling, general and administrative expenses | 116,953 | 92,680 | ||||||
| Income from operations | 143,259 | 126,547 | ||||||
| Other income (expense): | ||||||||
| Change in fair value of derivative liability - convertible notes redemption make-whole provision | — | 425 | ||||||
| Interest income | 5,471 | 4,579 | ||||||
| Interest expense | (13,198 | ) | (20,177 | ) | ||||
| Amortization of deferred financing costs | (629 | ) | (1,104 | ) | ||||
| Loss on extinguishment of debt | — | (148 | ) | |||||
| Total other expense, net | (8,356 | ) | (16,425 | ) | ||||
| Income (loss) before income taxes | 134,903 | 110,122 | ||||||
| Income tax (expense) | (885 | ) | 24 | |||||
| Net income (loss) | $ | 134,018 | $ | 110,146 | ||||
| Net income (loss) attributable to non-controlling interest | 139,941 | 112,480 | ||||||
| Net income (loss) attributable to common stockholders | $ | (5,923 | ) | $ | (2,334 | ) | ||
| Net income (loss) per share attributable to common stockholders - basic & diluted | $ | (0.69 | ) | $ | (0.27 | ) | ||
| Weighted average shares used to compute net income (loss) per share attributable to common stockholders - basic & diluted (in thousands) | 8,523 | 8,526 | ||||||
| Consolidated Statements of Cash Flows Resolute Holdings Management, Inc. ($ in thousands) | ||||||||
| Year ended December 31, | ||||||||
| 2025 | 2024 | |||||||
| Cash flows from operating activities: | ||||||||
| Net income (loss) | $ | 134,018 | $ | 110,146 | ||||
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||||
| Depreciation and amortization | 9,377 | 9,174 | ||||||
| Equity-based compensation expense | 26,799 | 19,894 | ||||||
| Amortization of deferred financing costs | 629 | 1,155 | ||||||
| Non-cash operating lease expense | 2,505 | 2,336 | ||||||
| Non-cash interest | (1,106 | ) | — | |||||
| Loss on extinguishment of debt | — | 148 | ||||||
| Change in fair value of derivative liability – convertible notes redemption make-whole provisions | — | (425 | ) | |||||
| Changes in assets and liabilities | ||||||||
| Accounts receivable | 3,229 | (6,961 | ) | |||||
| Inventories | 619 | 7,707 | ||||||
| Prepaid expenses and other assets | (1,002 | ) | 2,321 | |||||
| Accounts payable | 6,234 | 521 | ||||||
| Accrued expenses | 17,272 | 8,535 | ||||||
| Lease liabilities | (2,488 | ) | (2,450 | ) | ||||
| Net cash provided by operating activities | 196,086 | 152,101 | ||||||
| Cash flows from investing activities: | ||||||||
| Purchase of property and equipment | (6,857 | ) | (7,410 | ) | ||||
| Capitalized software costs | (1,507 | ) | (1,035 | ) | ||||
| Purchases of short-term investments | (52,019 | ) | — | |||||
| Maturities of short-term investments | 3,000 | — | ||||||
| Sales of short-term investments | 5,999 | — | ||||||
| Investment in SAFE | — | (1,500 | ) | |||||
| Net cash used in investing activities | (51,384 | ) | (9,945 | ) | ||||
| Cash flows from financing activities: | ||||||||
| Payment of GPGI Holdings term loan | (11,250 | ) | (12,813 | ) | ||||
| Distributions to GPGI Holdings members | (21,659 | ) | (84,897 | ) | ||||
| Contribution by GPGI Holdings | 11,869 | — | ||||||
| Contribution to Resolute Holdings | (11,869 | ) | — | |||||
| Payments for taxes related to net share settlement of GPGI equity awards | (17,910 | ) | (8,944 | ) | ||||
| Share repurchases | (4,103 | ) | — | |||||
| Deferred finance costs related to GPGI Holdings debt modifications | — | (2,104 | ) | |||||
| Net cash used in financing activities | (54,922 | ) | (108,758 | ) | ||||
| Net increase (decrease) in cash and cash equivalents | 89,780 | 33,398 | ||||||
| Cash and cash equivalents, beginning of period | 71,589 | 38,191 | ||||||
| Cash and cash equivalents, end of period | $ | 161,369 | $ | 71,589 | ||||
| Supplementary disclosure of cash flow information: | ||||||||
| Cash paid for interest expense | $ | 12,769 | $ | 20,608 | ||||
| Supplemental disclosure of non-cash financing activities: | ||||||||
| Consolidation of GPGI Holdings net assets (liabilities), excluding cash, from execution of CompoSecure Management Agreement | $ | (98,508 | ) | $ | — | |||
| Operating lease ROU assets exchanged for lease liabilities | $ | 6,613 | $ | — | ||||
| Derivative asset - interest rate swap | $ | (2,749 | ) | $ | (2,509 | ) | ||
| Segment Statements of Operations and Non-GAAP Reconciliations Resolute Holdings Management, Inc. ($ in thousands, except per share amounts) | |||||||||||||||||||||||||||||||||
| Three months ended | Year ended | ||||||||||||||||||||||||||||||||
| December 31, 2025 | December 31, 2025 | ||||||||||||||||||||||||||||||||
| ($ in thousands except per share figures) | ($ in thousands except per share figures) | ||||||||||||||||||||||||||||||||
| Resolute | GPGI | Intercompany/ | Resolute | GPGI | Intercompany/ | ||||||||||||||||||||||||||||
| Holdings | Holdings | Eliminations | Consolidated | Holdings | Holdings | Eliminations | Consolidated | ||||||||||||||||||||||||||
| Management fees | $ | 4,032 | $ | — | $ | (4,032 | ) | $ | — | $ | 12,278 | $ | — | $ | (12,278 | ) | $ | — | |||||||||||||||
| Product sales | — | 117,709 | — | 117,709 | — | 462,055 | — | 462,055 | |||||||||||||||||||||||||
| Net sales | 4,032 | 117,709 | (4,032 | ) | 117,709 | 12,278 | 462,055 | (12,278 | ) | 462,055 | |||||||||||||||||||||||
| Cost of sales | — | 52,171 | — | 52,171 | — | 201,843 | — | 201,843 | |||||||||||||||||||||||||
| Gross profit | 4,032 | 65,538 | (4,032 | ) | 65,538 | 12,278 | 260,212 | (12,278 | ) | 260,212 | |||||||||||||||||||||||
| Total selling, general and administrative expenses | 5,877 | 28,143 | (4,032 | ) | 29,988 | 17,567 | 113,474 | (14,088 | ) | 116,953 | |||||||||||||||||||||||
| Income from operations | (1,845 | ) | 37,395 | — | 35,550 | (5,289 | ) | 146,738 | 1,810 | 143,259 | |||||||||||||||||||||||
| Total other income (expense) | 85 | (1,980 | ) | — | (1,895 | ) | 251 | (8,607 | ) | — | (8,356 | ) | |||||||||||||||||||||
| Income (loss) before income taxes | (1,760 | ) | 35,415 | — | 33,655 | (5,038 | ) | 138,131 | 1,810 | 134,903 | |||||||||||||||||||||||
| Income tax (expense) | 45 | — | — | 45 | (885 | ) | — | — | (885 | ) | |||||||||||||||||||||||
| Net income (loss) | (1,715 | ) | 35,415 | — | 33,700 | (5,923 | ) | 138,131 | 1,810 | 134,018 | |||||||||||||||||||||||
| Net income (loss) attributable to non-controlling interest | — | 35,415 | — | 35,415 | — | 138,131 | 1,810 | 139,941 | |||||||||||||||||||||||||
| Net income (loss) attributable to common stockholders | (1,715 | ) | — | — | (1,715 | ) | (5,923 | ) | — | — | (5,923 | ) | |||||||||||||||||||||
| Net income (loss) per share attributable to common stockholders - diluted | $ | (0.20 | ) | $ | (0.20 | ) | $ | (0.69 | ) | $ | (0.69 | ) | |||||||||||||||||||||
| Adjustments to reconcile fee-related earnings to net income (loss) attributable to common stockholders: | |||||||||||||||||||||||||||||||||
| Add: Equity-based compensation at GPGI (1) | 1,376 | 1,376 | 5,157 | 5,157 | |||||||||||||||||||||||||||||
| Add: Pro forma management fees from Jan 1, 2025 to Feb 27, 2025 (2) | — | — | 2,046 | 2,046 | |||||||||||||||||||||||||||||
| Add: Spin-Off costs (3) | — | — | 290 | 290 | |||||||||||||||||||||||||||||
| Net tax impact of adjustments (4) | — | — | (654 | ) | (654 | ) | |||||||||||||||||||||||||||
| Fee-Related Earnings | (339 | ) | (339 | ) | 916 | 916 | |||||||||||||||||||||||||||
| Fee-Related Earnings per share - diluted | $ | (0.04 | ) | $ | (0.04 | ) | $ | 0.11 | $ | 0.11 | |||||||||||||||||||||||
| Diluted weighted average shares used to compute: | |||||||||||||||||||||||||||||||||
| Net income (loss) per share attributable to common stockholders (in thousands) | 8,515 | 8,515 | 8,523 | 8,523 | |||||||||||||||||||||||||||||
| Fee-Related Earnings per share (in thousands) | 8,591 | 8,591 | 8,550 | 8,550 | |||||||||||||||||||||||||||||
(1) Equity-based compensation required to be reported by Resolute Holdings related to awards issued under the GPGI Equity Plan. Equity granted under the GPGI Equity Plan relates to GPGI Class A Common Stock and has no impact on Resolute Holdings’ common stock outstanding.
(2) Incremental management fees as if the CompoSecure Management Agreement was executed on January 1, 2025.
(3) One-time costs associated with the Spin-Off from GPGI.
(4) Tax-effect of adjustments at a
| Additional Information Segment Balance Sheets Resolute Holdings Management, Inc. ($ in thousands, except per share amounts) | |||||||||||||||||||||||||||||||
| December 31, 2025 | December 31, 2024 | ||||||||||||||||||||||||||||||
| ($ in thousands) | ($ in thousands) | ||||||||||||||||||||||||||||||
| Resolute | GPGI | Intercompany/ | Resolute | GPGI | Intercompany/ | ||||||||||||||||||||||||||
| Holdings | Holdings | Eliminations | Consolidated | Holdings | Holdings | Eliminations | Consolidated | ||||||||||||||||||||||||
| ASSETS | |||||||||||||||||||||||||||||||
| CURRENT ASSETS | |||||||||||||||||||||||||||||||
| Cash and cash equivalents | $ | 4,410 | $ | 156,959 | $ | — | $ | 161,369 | $ | — | $ | 71,589 | $ | — | $ | 71,589 | |||||||||||||||
| Short-term investments | 3,050 | 41,076 | — | 44,126 | — | — | — | — | |||||||||||||||||||||||
| Accounts receivable | 4,032 | 44,220 | (4,032 | ) | 44,220 | — | 47,449 | — | 47,449 | ||||||||||||||||||||||
| Inventories, net | — | 44,214 | — | 44,214 | — | 44,833 | — | 44,833 | |||||||||||||||||||||||
| Prepaid expenses and other current assets | 417 | 3,125 | — | 3,542 | — | 2,696 | — | 2,696 | |||||||||||||||||||||||
| Deferred tax asset | 180 | — | — | 180 | 24 | — | — | 24 | |||||||||||||||||||||||
| Total current assets | 12,089 | 289,594 | (4,032 | ) | 297,651 | 24 | 166,567 | — | 166,591 | ||||||||||||||||||||||
| Property and equipment, net | — | 21,803 | — | 21,803 | — | 23,448 | — | 23,448 | |||||||||||||||||||||||
| Right of use assets, net | 1,059 | 8,898 | — | 9,957 | — | 5,404 | — | 5,404 | |||||||||||||||||||||||
| Derivative asset - interest rate swap | — | — | — | — | — | 2,749 | — | 2,749 | |||||||||||||||||||||||
| Deposits and other assets | — | 4,004 | — | 4,004 | — | 3,600 | — | 3,600 | |||||||||||||||||||||||
| Total assets | 13,148 | 324,299 | (4,032 | ) | 333,415 | 24 | 201,768 | — | 201,792 | ||||||||||||||||||||||
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | |||||||||||||||||||||||||||||||
| CURRENT LIABILITIES | |||||||||||||||||||||||||||||||
| Accounts payable | 45 | 11,814 | 66 | 11,925 | — | 5,691 | — | 5,691 | |||||||||||||||||||||||
| Accrued expenses | 5,522 | 46,873 | (4,032 | ) | 48,363 | 814 | 30,954 | (677 | ) | 31,091 | |||||||||||||||||||||
| Current portion of long-term debt | — | 15,000 | — | 15,000 | — | 11,250 | — | 11,250 | |||||||||||||||||||||||
| Current portion of lease liabilities – operating leases | 79 | 2,160 | — | 2,239 | — | 2,113 | — | 2,113 | |||||||||||||||||||||||
| Total current liabilities | 5,646 | 75,847 | (3,966 | ) | 77,527 | 814 | 50,008 | (677 | ) | 50,145 | |||||||||||||||||||||
| Long-term debt, net of deferred financing costs | — | 169,791 | — | 169,791 | — | 184,389 | — | 184,389 | |||||||||||||||||||||||
| Lease liabilities, operating leases | 979 | 7,352 | — | 8,331 | — | 3,888 | — | 3,888 | |||||||||||||||||||||||
| Total liabilities | 6,625 | 252,990 | (3,966 | ) | 255,649 | 814 | 238,285 | (677 | ) | 238,422 | |||||||||||||||||||||
| Additional paid-in capital | 18,883 | — | — | 18,883 | 1,544 | — | — | 1,544 | |||||||||||||||||||||||
| Accumulated deficit | (8,257 | ) | — | — | (8,257 | ) | (2,334 | ) | — | — | (2,334 | ) | |||||||||||||||||||
| Treasury stock | (4,103 | ) | — | — | (4,103 | ) | |||||||||||||||||||||||||
| Total stockholders' equity (deficit) | 6,523 | — | — | 6,523 | (790 | ) | — | — | (790 | ) | |||||||||||||||||||||
| Non-controlling interest | — | 71,309 | (66 | ) | 71,243 | — | (36,517 | ) | 677 | (35,840 | ) | ||||||||||||||||||||
| Total equity (deficit) | 6,523 | 71,309 | (66 | ) | 77,766 | (790 | ) | (36,517 | ) | 677 | (36,630 | ) | |||||||||||||||||||
| Total liabilities and stockholders' equity (deficit) | $ | 13,148 | $ | 324,299 | $ | (4,032 | ) | $ | 333,415 | $ | 24 | $ | 201,768 | $ | — | $ | 201,792 | ||||||||||||||
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b15feec3-368e-4d8b-ae08-7dae2faa79bc
FAQ
What were Resolute Holdings (RHLD) full-year 2025 net income and EPS results?
How did Resolute Holdings report Fee-Related Earnings and per-share results for 2025?
Why will Resolute Holdings consolidate GPGI Holdings in 2026 and how does it affect RHLD results?
What did Resolute Holdings say about the Husky Holdings LLC management agreement impact for 2026?
How did management fees compare to SG&A expenses for Resolute Holdings in 2025?
What adjustments did Resolute Holdings make to reconcile Fee-Related Earnings to net income in 2025?
