{"id":63539,"date":"2026-03-06T21:29:02","date_gmt":"2026-03-06T15:59:02","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2026\/03\/06\/stonegate-updates-coverage-on-ncs-multistage-holdings-inc-ncsm-2025-q4\/"},"modified":"2026-03-06T21:29:02","modified_gmt":"2026-03-06T15:59:02","slug":"stonegate-updates-coverage-on-ncs-multistage-holdings-inc-ncsm-2025-q4","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2026\/03\/06\/stonegate-updates-coverage-on-ncs-multistage-holdings-inc-ncsm-2025-q4\/","title":{"rendered":"Stonegate Updates Coverage on NCS Multistage Holdings, Inc. (NCSM) 2025 Q4"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/api.newsfilecorp.com\/newsinfo\/286492\/511\" width=\"2\" height=\"2\" \/><\/p>\n<p style=\"text-align: justify;\">Dallas, Texas&#8211;(Newsfile Corp. &#8211; March 6, 2026) &#8211; NCS Multistage Holdings, Inc. (NASDAQ: NCSM): Stonegate Capital Partners Updates Coverage on NCS Multistage Holdings, Inc. (NASDAQ: NCSM). In FY25, NCSM grew revenue 13% to $183.6M despite a still-challenging activity backdrop, driven by product strength across regions, U.S. momentum in fracturing systems and Repeat Precision, continued traction in the North Sea and Middle East, and a $5.2M contribution from ResMetrics following the July acquisition. The quality of growth was solid with ex-ResMetrics revenue still increased 10%, adj EBITDA rose 20% to $26.7M, and EBITDA margin expanded ~80 bps to 15%, while adjusted gross margin held at 41% despite some service-mix pressure. Free cash flow after NCI nearly doubled to $18.9M, reinforcing the benefits of the Company&#8217;s asset-light model and supporting the view that FY25 outperformance was driven more by share gains, product execution, and targeted expansion than by a stronger underlying market.<\/p>\n<p style=\"text-align: justify;\">To view the full announcement, including downloadable images, bios, and more, <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/mjxr1txxvX\">click here<\/a>.<\/p>\n<p style=\"text-align: justify;\"><b>Key Takeaways:<\/b><\/p>\n<ul style=\"text-align: justify;\">\n<li>FY25 outperformance reflected real execution, with share gains, product traction, and and incremental contribution from ResMetrics.<\/li>\n<li>4Q25 materially outpaced expectations as U.S. fracturing demand accelerated and international markets stayed constructive.<\/li>\n<li>NCSM exits FY25 with a strong balance sheet, supporting continued reinvestment, integration execution, and tuck-in M&amp;A flexibility.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/api.newsfilecorp.com\/redirect\/kXYb8tYY48\"><img decoding=\"async\" src=\"https:\/\/images.newsfilecorp.com\/files\/7294\/286492_figure1.jpg\" alt=\"Cannot view this image? Visit: https:\/\/images.newsfilecorp.com\/files\/7294\/286492_figure1.jpg\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><i>Click image above to view full announcement.<\/i><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><strong>About Stonegate<\/strong><\/p>\n<p style=\"text-align: justify;\">Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.<\/p>\n<div style=\"text-align: justify;\">\n<p><b>Contacts:<\/b><\/p>\n<p>Stonegate Capital Partners<br \/>\n(214) 987-4121<br \/>\n<a href=\"mailto:info@stonegateinc.com\">info@stonegateinc.com<\/a><\/p>\n<\/div>\n<p style=\"text-align: justify;\">Source: <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/B5Lr7CPP1z\">Stonegate, Inc.<\/a><\/p>\n<p style=\"text-align: justify;\">To view the source version of this press release, please visit <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/5WewqcWWNW\">https:\/\/www.newsfilecorp.com\/release\/286492<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dallas, Texas&#8211;(Newsfile Corp. &#8211; March 6, 2026) &#8211; NCS Multistage Holdings, Inc. (NASDAQ: NCSM): Stonegate Capital Partners Updates Coverage on NCS Multistage Holdings, Inc. (NASDAQ: NCSM). In FY25, NCSM grew revenue 13% to $183.6M despite a still-challenging activity backdrop, driven by product strength across regions, U.S. momentum in fracturing systems and Repeat Precision, continued traction [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":106422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54732],"tags":[],"class_list":["post-63539","post","type-post","status-publish","format-standard","has-post-thumbnail","category-press-releases"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/63539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=63539"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/63539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/106422"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=63539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=63539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=63539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}