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Achieved 13% full-year revenue growth driven by a 70/30 volume-to-price mix, demonstrating the resilience of the essential commercial laundry sector.
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Maintained a record 25.5% Adjusted EBITDA margin by leveraging global scale and a pure-play focus that prioritizes total cost of ownership over initial price.
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Benefited from a ‘local-for-local’ manufacturing strategy across three continents, providing structural protection against tariffs compared to import-reliant competitors.
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Capitalized on non-discretionary replacement demand in vended and on-premise markets, which remains insulated from broader macroeconomic volatility and housing cycles.
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Expanded the high-margin European business through a licensed store model and direct sales offices, contributing to significant international margin expansion.
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Strengthened competitive differentiation through 5 million hours of physical product testing and the rapid adoption of the Scan-Pay-Wash digital payment solution.
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Projecting 5%-7% revenue growth for 2026, assuming a normalized split between volume and price as post-pandemic recovery benefits stabilize.
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Anticipating Adjusted EBITDA growth of 6%-8%, with margin expansion weighted toward the second half due to the timing of public company costs.
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Planning to reduce net leverage to the low 2x range by year-end 2026 through strong operational cash flow and disciplined capital allocation.
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Allocating 3% of revenue to capital expenditures to expand capacity and automation, alongside 2% dedicated to digital and physical product innovation.
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Focusing on accelerating digital adoption, targeting growth beyond the current 245,000 connected machines to enhance operator efficiency and customer loyalty.
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Recorded a $16 million non-cash charge in Q4 related to performance-based option vesting triggered by the October IPO.
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Identified potential demand softness in the Middle East due to regional volatility, though management expects the impact to be non-material to total results.
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Successfully integrated a New York-based distributor acquisition to deepen direct market presence, with a second follow-on acquisition closed in early 2026.
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Managed a $5 million tariff impact in Q4 through selective pricing actions, maintaining both dollar and margin accretion despite component cost headwinds.
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