Bridger Aerospace delivered an exceptional performance in Q3 FY2025, exceeding annual revenue guidance and showing significant operational enhancements amid a challenging wildfire season.
- Record task orders and nearly 10% year-over-year increase in fleet utilization, with multi-mission aircraft flight hours nearly doubling.
- Adjusted EBITDA guidance remains on track, supported by strategic long-term contracts with the Forest Service and states.
- Completed a $49 million sale leaseback and secured a $331 million expanded debt facility, enhancing financial flexibility for growth and acquisitions.
- FMS division generated $2.4 million, navigating delays due to federal budgeting but positioned for growth in defense and commercial opportunities.
- Ignis Technologies' mobile platform enhances operational effectiveness, with live streaming capabilities successfully utilized during active fire incidents.
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