Fri, Jun 6, 10:36 AM (12 days ago)
### Ferrellgas Partners, L.P. (FGPR) - Q1 2025 Financial Summary **Revenue & Profit Margins:** - **Revenue:** $560.8 million (Q1 2025) vs. $515.8 million (Q1 2024) - **Net Earnings:** $59.5 million (Q1 2025) vs. $53.1 million (Q1 2024) - **Gross Margin:** Increased by $16.9 million due to higher retail and wholesale sales. **Cash Flow:** - **Operating Cash Flow:** $116.6 million (Q1-Q3 2025) vs. $175.9 million (Q1-Q3 2024) - **Investing Activities:** -$69.8 million (Q1-Q3 2025) vs. -$84.0 million (Q1-Q3 2024) - **Financing Activities:** -$61.6 million (Q1-Q3 2025) vs. -$155.6 million (Q1-Q3 2024) **Debt & Liquidity:** - **Total Debt:** $1.48 billion (Q1 2025) - **Cash & Equivalents:** $109.3 million (Q1 2025) - **Credit Facility Availability:** $153.9 million (Q1 2025) **Operational Metrics:** - **Propane Sales Volume:** Increased by 6% in Q1 2025. - **Wholesale Sales:** Increased by 8% in Q1 2025. - **Retail Sales:** Increased by 9% in Q1 2025. **Uncertainties & Future Operations:** - **Weather Impact:** Warmer temperatures in Q1 2025 affected sales. - **Debt Maturity:** Substantial doubt about continuing as a going concern due to debt maturities in 2026. - **Restructuring Plan:** Plan to restructure capital and refinance debt. **Trends:** - **Revenue Growth:** Positive trend in revenue and gross margin. - **Cash Flow:** Negative trend in operating cash flow due to higher expenses. - **Debt Management:** Focus on restructuring and refinancing to manage debt. **Summary:** Ferrellgas Partners, L.P. (FGPR) reported a mixed quarter with increased revenue and gross margin but faced challenges in operating cash flow and debt management. The company is focusing on restructuring and refinancing to address debt maturities and ensure liquidity. Weather conditions and operational efficiencies are key factors influencing future performance.