Alta Equipment Group Inc-A 2025年季度报告

Large accelerated filer☐Accelerated filer☒Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ PART I – FINANCIAL INFORMATIONCondensed Consolidated Interim Financial Statements (Unaudited) Condensed Consolidated Balance Sheets (Unaudited)Condensed Consolidated Statements of Operations (Unaudited) Condensed Consolidated Statements of Stockholders' Equity (Unaudited)Condensed Consolidated Statements of Cash Flows (Unaudited) Note 1.Organization and Nature of OperationsNote 2.Summary of Significant Accounting PoliciesNote 3.Revenue Recognition Note 15.Business Combinations 1Note 16.SegmentsNote 17.Earnings Per ShareNote 18.Subsequent EventsManagement’s Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures About Market RiskControls and ProceduresPART II - OTHER INFORMATIONLegal ProceedingsItem 1A.Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationExhibitsSignature Some factors that could cause actual results to differ include, but are not limited to the risks below, which also serves as a summary of the principal risks of an investment in our securities:•supply chain disruptions and inflationary pressures resulting from supply chain disruptions;•labor market dynamics that impact the price and availability of labor;•economic, industry, business and political conditions including their effects on governmental policy and governmentactions that disrupt our supply chain or sales channels, including taxes and tariffs which impact us or our key suppliers; •fluctuations in interest rate levels and the relative tenor of those levels;•the demand and market price for our equipment and product support;•negative impacts on customer payment policies; •our success in expanding into and doing business in additional markets;•our ability to raise capital at favorable terms; •the competitive environment for our products and services; •our ability to continue to innovate and develop new business lines; •our ability to attract and retain key personnel, including, but not limited to, skilled technicians;•our ability to maintain our listing on the New York Stock Exchange (“NYSE”); •the impact of cyber or other security threats or other disruptions to our businesses; •our ability to realize the anticipated benefits of acquisitions or divestitures, rental fleet and other organic investments orinternal reorganizations; •federal, state and local government budget uncertainty, especially as it relates to infrastructure projects and taxation;•currency risks and other risks associated with international operations; and For a discussion identifying additional important factors that could cause actual results to differ materially from those 3anticipated in the forward-looking statements, see our filings with the SEC including, but not limited to, “Management’sDiscussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in our Annual Report on Form 10-Kfor the year ended December 31, 2024, and in this Quarterly Report on Form 10-Q. The foregoing list of factors is not exclusiveand undue reliance should not be placed upon any forward-looking statements, which speak only as of the date made. 7The accompanying notes are an integral part of these condensed consolidated financial statements. 8 Notes to Unaudited Condensed Consolidated Financial Statements(Dollars in millions, except per share data, unless otherwise indicated)NOTE 1 — ORGANIZATION AND NATURE OF OPERATIONS Nature of Operations Alta Equipment Group Inc. and its subsidiaries (“Alta” or the “Company”) is engaged in the sale, service, and rental ofmaterial handling, construction, and environmental processing equipment in the states of Michigan, Illinois, Indiana, Ohio,Pennsylvania, New York, Virginia, Massachusetts, Maine, New Hampshire, Vermont, Rhode Island, Connecticut, Nevada, andFlorida as well as the Canadian provinces of Quebec and Ontario. Unless the context otherwise requires, the use of the terms “theCompany”, “we”, “us,” and “our” in these notes to the unaudited condensed consolidated financial statements refers to Alta Company and its subsidiaries and have been prepared in accordance with accounting principles generally accepted in the UnitedStates of America (“U.S. GAAP”). In our opinion, all adjustments, consisting of all normal and recurring adjustments, considered necessary for a fair presentation of our financial position, results of operations and cash flows for the periods presented have beenincluded. These unaudited condensed consolidated financial statements should be read in conjunction with the