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LandBridge Company LLC Announces Fourth Quarter and Fiscal Year 2024 Results

LandBridge Company LLC Class A Shares Representing Limited Liability Company Interests (LB) 
NASDAQ:AMEX Investor Relations: investors.lb.com
Company Research Source: Business Wire
Delivers Q4 revenue growth of 109% year-over-yearFiscal Year 2024 year-over-year revenue growth of 51%Re-affirms FY25 EBITDA outlook of $170 million to $190 millionAdded approximately 53,000 acres through previously announced acquisitions HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (the “Company,” “LandBridge”) today announced its financial and operating results for the fourth quarter and fiscal year ended December 31, 2024.Fourth Quarter 2024 Financial HighlightsRevenues of $36.5 million, up 109% year-over-yearNet income of $8.2 million(1)Net income margin of 22%(1)Adjusted EBITDA(2) of $31.7 million, up 108% year-over-yearAdjusted EBITDA Margin(2) of 87%Cash flows from operating activities of $26.9 millionFree Cash Flow(2) of $26.7 millionOperating cash flow margin of 74%Free Cash Flow Margin(2) of 73%(1) 4Q24 net income and net income margin include a non-cash expense of $11.1 million attributable to share-based compensation, including $8.9 million attributable t Show less Read more
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