Energy Services of America reported consolidated operating revenue of $411.0 million for the year ended September 30, 2025, up from $351.9 million a year earlier, driven by construction work across natural gas, water, and industrial markets. Electrical, mechanical and general contracting made up 47.9% of revenue, gas and water distribution 36.4%, and gas and petroleum transmission 15.7%. Backlog increased to $259.7 million, giving the company visibility into future work.
The company expanded through acquisitions of Tribute Contracting & Consultants and Rigney Digital Systems while selling its residential solar unit Revolt Energy. It employed 1,418 people, with a large union workforce, and renewed a $30.0 million credit line, of which $24.8 million was drawn. Energy Services also highlighted Small Business Administration reviews of $9.8 million in previously forgiven Paycheck Protection Program loans, which it has recorded as short-term borrowings, and noted that it has not experienced material cybersecurity incidents.
Energy Services of America Corporation reported that its Nitro Construction Services subsidiary has completed the previously announced acquisition of Rigney Digital Systems Ltd Co. on September 30, 2025. Nitro purchased substantially all of Rigney’s assets for $3.0 million in cash, $1.0 million of Energy Services common stock, and a $500,000 sellers’ note, combining cash, equity, and debt-based consideration. The company also issued a press release on the same date providing additional details, which has been furnished as an exhibit.
Energy Services of America Corporation disclosed that its board declared a regular quarterly cash dividend. The company will pay a dividend of $0.03 per common share on October 15, 2025 to shareholders who are on record as of the close of business on October 6, 2025.
This cash dividend provides a direct return to holders of the company’s common stock and reflects a continued policy of making quarterly distributions.
Energy Services of America Corporation reported that its subsidiary Nitro Construction Services agreed to acquire substantially all assets of Rigney Digital Systems, a regional HVAC control systems provider based in Hurricane, West Virginia. The purchase price consists of $3.0 million in cash, $1.0 million in Energy Services common stock, and a $500,000 seller note. The company expects the transaction to close on September 30, 2025, adding HVAC control systems capabilities to Nitro’s service offerings.
Energy Services of America reported quarterly revenue of $103.6 million for the period ended June 30, 2025, up from $85.9 million a year earlier. Quarterly net income was $2.08 million (basic EPS $0.13, diluted EPS $0.12), while results for the nine months produced a $3.86 million net loss (nine-month EPS $(0.23)) versus prior-year nine-month income of $18.45 million. Gross profit for the quarter was $11.98 million.
Total assets were $189.1 million, total liabilities $134.6 million, and shareholders' equity totaled $54.54 million. Total debt amounted to $59.10 million with long-term debt of $37.60 million and current maturities of $21.50 million. Operating cash flow provided $13.42 million for the nine months; investing used $29.16 million (including the Tribute acquisition) and financing provided $18.15 million. The company completed the Tribute Contracting acquisition for approximately $22.0 million cash plus $2.0 million in stock; Tribute contributed $18.1 million of nine-month revenue. Backlog increased to $304.4 million. The report discloses PPP loan forgiveness is under SBA review and that the company was not in compliance with certain lender covenants at June 30, 2025 but obtained a waiver.
Energy Services of America Corporation disclosed that it issued a press release reporting its results of operations and financial condition for the three and nine months ended June 30, 2025. The company indicates that the press release is furnished as Exhibit 99.1 to the Form 8-K and expressly states the exhibit is being furnished and shall not be deemed filed.
The filing identifies the companys common stock ticker as ESOA on The Nasdaq Stock Market and is signed on the registrants behalf by Chief Financial Officer Charles Crimmel. No numerical revenue, income, or other financial detail is included in the 8-K text itself.