Energy Services of America Corp 2024年度报告

Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the Registrant was required to file such reports) and (2)hasbeen subject to such filing requirements for the past 90days. YES☒NO☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was requiredto submit such files). YES☒NO☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definition of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and an“emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness ofits internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accountingfirm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). YES☐NO☒ The aggregate market value of the voting and non-voting common equity held by non-affiliates of the Registrant, computed by referenceto the closing price on March31, 2025, was $116,796,122. As of December 12, 2025, there were issued and outstanding 18,145,934 and 16,749,814, respectively, shares of the Registrant’sCommon Stock. DOCUMENTS INCORPORATED BY REFERENCE The registrant incorporates by reference its definitive Proxy Statement with respect to its 2026 Annual Meeting of Stockholders, to befiled with the Securities and Exchange Commission within 120 days following the end of its fiscal year, into (Part III) of this Annual Report on Form10-K. Energy Services of America CorporationAnnual Report on Form 10-KFor the Fiscal Year EndedSeptember 30, 2025 Table of Contents ITEM 1.Business3ITEM 1A.Risk Factors9ITEM 1B.Unresolved Staff Comments15ITEM 1C.Cybersecurity15ITEM 2.Properties17ITEM 3.Legal Proceedings17ITEM 4.Mine Safety Disclosures17ITEM 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases ofEquity Securities18ITEM 6.Reserved18ITEM 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations18ITEM 7A.Quantitative and Qualitative Disclosures about Market Risk34ITEM 8.Financial Statements and Supplementary Data34ITEM 9.Changes In and Disagreements with Accountants on Accounting and Financial Disclosure34ITEM 9A.Controls and Procedures34ITEM 9B.Other Information35ITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections35ITEM 10.Directors, Executive Officers and Corporate Governance36ITEM 11.Executive Compensation36ITEM 12.Security Ownership of Certain Beneficial Owners and Management and Related StockholderMatters36ITEM 13.Certain Relationships and Related Transactions, and Director Independence36ITEM 14.Principal Accountant Fees and Services36ITEM 15.Exhibits and Financial Statement Schedules37ITEM 16.Form 10-K Summary38Signatures.39 Forward Looking Statements Within Energy Services’ (as defined below) consolidated financial statements and this Annual Report on Form10-K, there are included statements reflecting assumptions, expectations, projections, intentions, or beliefs about futureevents that are intended as “forward-looking statements” under the Private Securities Litigation Reform Act of 1995.You can identify these statements by the fact that they do not relate strictly to historical or current facts. They usewords such as “anticipate,” “estimate,” “project,” “forecast,” “may,” “will,” “should,” “could,” “expect,” “believe,”“intend” and other words of similar meaning. These forward-looking statements do not guarantee future performance and involve or rely on risks,uncertainties, and assumptions that are difficult to predict or be