Gencor Industries, Inc.
GENCGencor Industries, Inc. is a manufacturer of heavy machinery and equipment primarily used in the asphalt production and construction industries. The company specializes in drum mixers, liquid asphalt equipment, and other infrastructure-related machinery, serving roadway construction and maintenance markets globally.
Company News
Gencor Industries reported Q4 2025 net revenue of $18.8 million, down 10% year-over-year, with net income of $1.9 million. Annual revenue increased 2% to $115.4 million, with net income rising to $15.7 million, driven by increased operating income and maintained profit margins.
Gencor Industries reported a 5.6% increase in quarterly net revenue to $26.986 million, with improved gross profit margins of 26.5% and net income of $3.828 million, representing growth from the previous year's quarter.
Gencor Industries reported a 6.1% revenue decline in Q2 FY2025, with backlog dropping 44.8% year-over-year. Despite steady earnings per share at $0.42, the company faces challenges in highway construction equipment market with reduced product development spending.
Gencor Industries received an extension from NYSE American until August 19, 2025, to file its overdue annual and quarterly financial reports, with potential delisting risk if compliance is not achieved.
U.S. stock futures and Asian markets declined as tensions escalated in the Middle East after Israel's preemptive strike against Iran. Crude oil prices jumped 8%, while gold surged above $3,400 per ounce as investors sought safe-haven assets.
