Capstone Holding Corp. announced its financial results for the full year ended December 31, 2024, highlighting a strong performance in the fourth quarter. The company reported an increase in revenue of over 8% year-over-year for Q4. This growth indicates positive momentum heading into the new fiscal year.
CEO Matt Lipman expressed pride in the team's execution and focus on growth during the second half of the year. Alongside the positive financial update, Capstone reaffirmed its ambitious target of achieving a $100 million revenue run-rate for the full year 2025. This target underscores the company's aggressive growth strategy.
Further demonstrating its expansion efforts, Capstone also announced the launch of its Toro Stone brand in six new states. This geographic expansion is a key component of the company's strategy to increase market penetration and achieve its revenue targets. The combination of solid Q4 performance and clear forward-looking goals provides a positive outlook for investors.
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