Amentum Holdings Files 10-Q for Q4 2024
Ticker: AMTM · Form: 10-Q · Filed: Feb 5, 2025 · CIK: 2011286
Sentiment: neutral
Topics: 10-Q, financials, equity
TL;DR
Amentum Holdings 10-Q filed. Equity details for Q4 2024 out.
AI Summary
Amentum Holdings, Inc. filed its 10-Q for the period ending December 27, 2024. The filing provides financial information for the company, including balance sheet data and changes in equity accounts such as retained earnings and additional paid-in capital for the periods ending September 29, 2024, and September 30, 2023.
Why It Matters
This filing provides investors with a quarterly update on Amentum's financial health and equity structure, crucial for understanding the company's performance and value.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.
Key Numbers
- 2024-12-27 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
- 2025-02-05 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Amentum Holdings, Inc. (company) — Filer of the 10-Q
- 2024-12-27 (date) — End of reporting period
- 2025-02-05 (date) — Filing date
- 2023-12-29 (date) — Prior year reporting period end
FAQ
What were the key changes in Amentum Holdings' equity accounts during the reported period?
The filing indicates changes in accounts such as Additional Paid-In Capital, Retained Earnings, and Accumulated Other Comprehensive Income for periods ending December 27, 2024, and December 29, 2023.
What is the fiscal year end for Amentum Holdings?
Amentum Holdings' fiscal year ends on October 3rd (1003).
When did Amentum Holdings change its name from Amazon Holdco Inc.?
The company changed its name from Amazon Holdco Inc. on February 8, 2024.
What is Amentum Holdings' SEC file number?
Amentum Holdings' SEC file number is 001-42176.
Where is Amentum Holdings headquartered?
Amentum Holdings is headquartered in Chantilly, VA, with a business address at 4800 Westfields Boulevard, Suite 400.
Filing Stats: 4,689 words · 19 min read · ~16 pages · Grade level 17.8 · Accepted 2025-02-05 16:36:14
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share AMTM New York Stock Exchange
Filing Documents
- amtm-20241227.htm (10-Q) — 842KB
- amtm122724-ex41.htm (EX-4.1) — 23KB
- amtm122724ex311.htm (EX-31.1) — 9KB
- amtm122724ex312.htm (EX-31.2) — 9KB
- amtm122724ex321.htm (EX-32.1) — 5KB
- amtm122724ex322.htm (EX-32.2) — 5KB
- amtm-20241227_g1.jpg (GRAPHIC) — 199KB
- 0002011286-25-000060.txt ( ) — 6127KB
- amtm-20241227.xsd (EX-101.SCH) — 37KB
- amtm-20241227_cal.xml (EX-101.CAL) — 62KB
- amtm-20241227_def.xml (EX-101.DEF) — 152KB
- amtm-20241227_lab.xml (EX-101.LAB) — 483KB
- amtm-20241227_pre.xml (EX-101.PRE) — 343KB
- amtm-20241227_htm.xml (XML) — 742KB
Financial Statements (Unaudited)
Financial Statements (Unaudited) 4 Condensed Consolidated Balance Sheets 4 Condensed Consolidated Statements of Operations 5 Condensed Consolidated Statements of Comprehensive Income (Loss) 6 Condensed Consolidated Statements of Shareholders' Equity 7 Condensed Consolidated Statements of Cash Flows 8 Notes to Condensed Consolidated Financial Statements 9 Note 1 — Basis of Presentation 9 Note 2 — Recent Accounting Pronouncements 9 Note 3 — Acquisition 10 Note 4 — Revenues 10 Note 5 — Contract Balances 12 Note 6 — Sales of Receivables 12 Note 7 — Goodwill and Intangible Assets 13 Note 8 — Income Taxes 13 Note 9 — Debt 13 Note 10 — Joint Ventures 14 Note 11 — Accumulated Other Comprehensive Income (Loss) 15 Note 12 — Segment Information 16 Note 13 — Earnings (Loss) Per Share 17 Note 14 — Legal Proceedings and Commitments and Contingencies 17 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 18 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 23 Item 4.
Controls and Procedures
Controls and Procedures 23
I
PART I I : OTHER INFORMATION 24 Item 1.
Legal Proceedings
Legal Proceedings 24 Item 1A.
Risk Factors
Risk Factors 24 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 24 Item 3. Defaults Upon Senior Securities 24 Item 4. Mine Safety Disclosures 24 Item 5. Other Information 24 Item 6. Exhibits 24
Signatures
Signatures 25 3 PART I FINANCIAL INFORMATION
Financial Statements (Unaudited)
Item 1. Financial Statements (Unaudited) AMENTUM HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in millions, except per share data) December 27, 2024 September 27, 2024 ASSETS Current assets: Cash and cash equivalents $ 522 $ 452 Accounts receivable, net 2,405 2,401 Prepaid expenses and other current assets 213 231 Total current assets 3,140 3,084 Property and equipment, net 140 144 Equity method investments 124 123 Goodwill 5,588 5,556 Intangible assets, net 2,503 2,623 Other long-term assets 424 444 Total assets $ 11,919 $ 11,974 LIABILITIES Current liabilities: Current portion of long-term debt $ 44 $ 36 Accounts payable 726 764 Accrued compensation and benefits 691 696 Contract liabilities 143 113 Other current liabilities 367 356 Total current liabilities 1,971 1,965 Long-term debt, net of current portion 4,636 4,643 Deferred tax liabilities 347 370 Other long-term liabilities 402 444 Total liabilities 7,356 7,422 Commitments and contingencies (Note 14) SHAREHOLDERS' EQUITY Common stock, $ 0.01 par value, 1,000,000,000 shares authorized; 243,302,257 shares issued and outstanding at December 27, 2024 and 243,302,173 shares issued and outstanding at September 27, 2024. 2 2 Additional paid-in capital 4,965 4,962 Retained deficit ( 515 ) ( 527 ) Accumulated other comprehensive income 23 23 Total Amentum shareholders' equity 4,475 4,460 Non-controlling interests 88 92 Total shareholders' equity 4,563 4,552 Total liabilities and shareholders' equity $ 11,919 $ 11,974 See notes to unaudited condensed consolidated financial statements 4 AMENTUM HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in millions, except per share data) Three Months Ended December 27, 2024 December 29, 2023 Revenues $ 3,416 $ 1,983 Cost of revenues ( 3,055 ) ( 1,789 ) Selling, general, and administrative expenses ( 130 ) ( 67 ) Amortization of intangibles ( 120 ) ( 56 ) Equity earnings