Bridger Aerospace Group Holdings Inc

Jack Creek Investment Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded on August 18, 2020 and is headquartered in New York, NY.

Earnings data Q4 2022

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Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Bridger Aerospace reports revenue growth but faces profitability challenges

Bridger Aerospace demonstrated robust revenue growth in Q4 2022 but faced profitability challenges as adjusted EBITDA declined significantly.
Management's optimistic 2023 guidance and plans for fleet expansions through M&A signal confidence in future growth prospects.
Addressing profitability concerns, enhancing operational efficiency, and maintaining a balance between growth and financial performance will be key focus areas for Bridger Aerospace moving forward.

Bridger Aerospace reports resilient Q2 performance and eyes growth

Bridger Aerospace's Q2 2023 performance reflects resilience amid challenges, with strategic wins and acquisitions bolstering their market position and growth prospects.
The company's financial results, though mixed, demonstrate a solid cash position and a commitment to achieving their 2023 revenue and EBITDA targets.
Optimism for future growth, shareholder returns, and market opportunities underpin Bridger's strategic vision and focus on sustainable profitability.

Bridger Aerospace reports record Q3 results and eyes growth opportunities

Bridger Aerospace Group Holdings Inc (BAER) delivered exceptional Q3 results, driven by strong revenue growth and improved profitability. While facing challenges from a shorter wildfire season, the company remains well-positioned to capitalize on growth opportunities in the wildfire suppression market. With strategic acquisitions and a robust fleet expansion, BAER is poised for continued success in the coming year.

Bridger Aerospace reports record revenue and adjusted EBITDA for 2023

Bridger Aerospace delivered robust financial performance in 2023 with record revenue and adjusted EBITDA, underpinned by improved operational efficiency and gross margin.
While facing challenges such as a net loss and early wildfire season impact, the company remains optimistic about future profitability and growth opportunities in 2024.
Investors should monitor Bridger's ability to navigate short-term challenges, capitalize on revenue growth, and achieve the projected adjusted EBITDA range for 2024.

Bridger Aerospace reports record Q1 revenue, eyes global expansion

Bridger Aerospace Group Holdings Inc (BAER) demonstrated strong financial performance in Q1 2024, with record revenue and improved EBITDA, supported by a solid cash position.
The company's strategic initiatives, including expansion plans and fundraising activities, position it for growth and market diversification.
While challenges persist, Bridger's leadership, confidence in future performance, and growth projections underscore its potential in the aerial firefighting sector.

Bridger Aerospace reports Q2 growth, eyes European expansion and innovation

Bridger Aerospace Group Holdings Inc's Q2 2024 performance showed mixed results but with a positive outlook for future growth and profitability.
The company's strengths lie in market positioning, innovation, and strategic acquisitions, while challenges include cost management and market expansion.
Opportunities in combating wildfires, global expansion, and new product offerings present avenues for Bridger Aerospace to capitalize on its strengths and drive success.

Bridger Aerospace excels in Q3, anticipates revenue growth and innovation

Bridger Aerospace's strong financial performance, strategic acquisitions, and focus on innovation position the company for continued growth and success in the aerospace industry.
While facing political challenges and leadership transitions, Bridger remains committed to its mission of wildfire protection and is poised to capitalize on revenue growth opportunities.
With revised revenue guidance, operational readiness for the upcoming wildfire season, and a positive cash flow outlook, Bridger demonstrates resilience and adaptability in a dynamic market environment.

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Bridger Aerospace Group Holdings, Inc. engages in the provision of aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Its fleet includes Daher Kodiak 100, Twin Commander, Pilatus PC-12, DeHaviland Twin Otter 300, and De Havilland CL-415EAF. The company was founded by Timothy Sheehy and Matthew P. Sheehey in 2014 and is headquartered in Belgrade, MT.

BELGRADE, Mont., March 13, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the fourth quarter and fiscal year ended December 31, 2023 on Tuesday, March 19, 2024 after the market close.

Bridger Aerospace Announces Schedule for its Fourth Quarter 2023 Earnings Release and Conference Call

BELGRADE, Mont., March 08, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger”, “the Company” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced the appointment of seasoned business leaders Elizabeth C. Fascitelli and David A. Schellenberg as independent directors, increasing the size of the Board to 11 members.

Bridger Aerospace Strengthens Board with the Addition of Seasoned Business Leaders Elizabeth C. Fascitelli and David A.

BELGRADE, Mont., March 04, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced the deployment of two CL-415EAF “Super Scooper” aircraft to Texas, in addition to its Multi-Mission Aircraft already supporting the effort. This is the earliest seasonal Scooper deployment in Company history.   The deployment was the result of a Task Order from the US Forest Service at the request of the State of Texas, which is battling the largest wildfire in state history.

Bridger Aerospace Announces Fleet Deployment to Support Texas Firefighting Efforts

BELGRADE, Mont., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced the deployment of a Pilatus PC-12 Multi-Mission Aircraft (MMA) to Oklahoma to provide aerial intelligence for early-season wildfires. This marks the earliest seasonal deployment of any Bridger Aircraft since the company's inception in 2014.

Bridger Aerospace Announces Earliest Fire Season Dispatch in Company History

NEW YORK--(BUSINESS WIRE)--Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, announced it has entered into a joint venture partnership with Marathon Asset Management L.P. and Avenue Capital's Sustainable Solutions Fund. The Joint Venture expects to formally purchase four Canadair CL-215T Amphibious Aircraft recently awarded in a public tender process from the Government of Spain for €40.3.

Marathon Asset Management Provides Creative Capital Solution to Support Bridger Aerospace's Growth

BELGRADE, Mont., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced that it has entered into a joint venture partnership to complete the purchase of four Canadair CL-215T Amphibious Aircraft recently awarded in a public tender process from the Government of Spain for €40.3 million. The purchase by the partnership, which brings together Marathon Asset Management LP, Avenue Sustainable Solutions Fund, and Bridger, is expected to formally close in ten business days.

Bridger Aerospace Announces Pending Closure of Spanish Scooper Transaction

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER ) Q3 2023 Results Conference Call November 13, 2023 5:00 PM ET Company Participants Eric Gerratt - CFO Tim Sheehy - CEO Operator Good afternoon, and welcome to the Bridger Aerospace Third Quarter 2023 Conference Call. [Operator Instructions] Please note, this event is being recorded.

Bridger Aerospace Group Holdings, Inc. (BAER) Q3 2023 Earnings Call Transcript

BELGRADE, Mont., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger”, “the Company” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today reported record results for the third quarter ended September 30, 2023 and an update on guidance including the establishment of initial 2024 Revenue and Adjusted EBITDA estimates.

Bridger Aerospace Announces Record Third Quarter 2023 Results and Establishes Initial 2024 Guidance

BELGRADE, Mont., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the third quarter ended September 30, 2023 on Monday, November 13, 2023 after the market close.

Bridger Aerospace Announces Schedule for its Third Quarter 2023 Earnings Release and Conference Call

BELGRADE, Mont., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”) (NASDAQ: BAER) today announced that due to market volatility and conditions, it has terminated its proposed public offering of shares of its common stock previously announced on October 17, 2023. Bridger management concluded that the current market conditions are not conducive for an offering on terms that would be in the best interests of Bridger and its stockholders.

Bridger Aerospace Terminates Proposed Public Offering of its Common Stock

BELGRADE, Mont., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”) (NASDAQ: BAER) today announced the commencement of a proposed underwritten public offering by Bridger of $70 million of shares of its common stock, par value $0.0001 per share (“Common Stock”). Bridger intends to grant the underwriters a 30-day option to purchase up to an additional $10.5 million of shares of its Common Stock at the public offering price less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Bridger Aerospace Announces $70 Million Proposed Public Follow-On Offering to Fund Growth Initiatives

Bridger Aerospace is active in aerial firefighting and wildfire management services, capitalizing on the increasing risk of wildfires globally. The company's business case is driven by the rising area burned per fire and the growing damages caused by wildfires, as well as the need for fire prevention and suppression. Bridger Aerospace operates a fleet of firefighting and surveillance aircraft, including Super Scooper planes, and has the potential for geographical market diversification. However, it faces risks such as seasonal fluctuations.

Bridger Aerospace: A Wildfire Stock Not On Sale

Bridger Aerospace Group Holdings provides aerial firefighting services using eco-friendly methods to minimize environmental damage. BAER has a strong customer base, including government entities, and enjoys a contract renewal rate of 100%. The increasing frequency and intensity of wildfires, along with the impact of climate change, create a steady demand for firefighting services and potential growth opportunities for the company.

Bridger Aerospace Provides Opportunities If It Can Execute

NEW YORK , Sept. 20, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER).

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Bridger Aerospace Group Holdings, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

BELGRADE, Mont., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER), one of the nation's leading aerial firefighting companies, today announced that it successfully bid via a public tender process to purchase four Canadair CL-215T Amphibious Aircraft from the Spanish Ministry for Ecological Transition and Demographic Challenge. The addition of the Spanish aircraft to Bridger's existing Scooper fleet increases Bridger's Scooper fleet to 10 Scoopers, making Bridger the largest private owner of CL-215T/415 Super Scoopers in the world. Additionally, with the anticipated closing of the acquisition of Bighorn Airways, Inc. in 2023, Bridger's total wildfire fighting fleet will consist of 32 planes.

Bridger Aerospace Successful in Bid to Acquire Four Spanish Super Scoopers, Expanding Operations into Europe

BELGRADE, Mont., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER), one of the nation's largest aerial firefighting companies, today announced that it has acquired Ignis Technologies Inc. (“Ignis”) for $3 million, with an additional contingent earn-out consideration of up to $9.0 million, paid in the form of restricted shares of Bridger common stock. Ignis is a fire technology company delivering mission-critical intelligence and technology solutions to firefighting organizations.

Bridger Aerospace Acquires Ignis Technologies to Expand Wildland Fire Software Offerings

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER ) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Eric Gerratt - Chief Financial Officer Tim Sheehy - Chief Executive Officer, Founder and Director McAndrew Rudisill - Chief Investment Officer Operator Greetings, and welcome to the Bridger Aerospace Second Quarter 2023 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Bridger Aerospace Group Holdings, Inc. (BAER) Q2 2023 Earnings Call Transcript

Affirms guidance due to rapid acceleration of the North American wildfire season Affirms guidance due to rapid acceleration of the North American wildfire season

Bridger Aerospace Announces Second Quarter 2023 Results

BELGRADE, Mont., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the second quarter ended June 30, 2023 on Thursday, August 10, 2023 after the market close.

Bridger Aerospace Announces Schedule for its Second Quarter 2023 Earnings Release and Conference Call

BELGRADE, Mont., July 24, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER), one of the nation's largest aerial firefighting companies, today announced that it has entered into a definitive purchase agreement with Bighorn Airways, Inc. (“Bighorn”), a specialty aviation company based in Sheridan, WY. Bridger will acquire Bighorn's fleet of 12 aircraft used for wildfire smoke jumping as well as special mission transport and delivery for government customers. The transaction, valued at $39 million, is expected to close by the end of September 2023 and is subject to normal and customary closing conditions. The acquisition will be financed through a combination of cash and stock, with the majority of consideration paid to the sellers in the form of stock.

Bridger Aerospace Enters into Definitive Purchase Agreement with Bighorn Airways

BOZEMAN, Mont., June 27, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today confirmed that Timothy P. Sheehy, the Company's Chief Executive Officer, Founder and Director is entering the race for the U.S. Senate for the State of Montana. During his candidacy, Sheehy will continue to serve as Chief Executive Officer with the continued support of Bridger's experienced management team and Board of Directors.

Bridger Aerospace Confirms CEO Tim Sheehy's Bid for the U.S. Senate

BOZEMAN, Mont., May 12, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today reported results for the first quarter ended March 31, 2023.

Bridger Aerospace Announces First Quarter 2023 Results

BOZEMAN, Mont., May 05, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the first quarter ended March 31, 2023 on Friday, May 12, 2023 after the market close.

Bridger Aerospace Announces Schedule for its First Quarter 2023 Earnings Release and Conference Call

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER ) Q4 2022 Earnings Conference Call March 20, 2023 5:00 PM ET Company Participants Eric Gerratt - CFO Timothy Sheehy - Founder, CEO & Director McAndrew Rudisill - CIO & Director Conference Call Participants Operator Greetings, and welcome to Bridger Aerospace Fourth Quarter and Year-end 2022 Conference Call. [Operator Instructions].

Bridger Aerospace Group Holdings, Inc. (BAER) Q4 2022 Earnings Call Transcript

BOZEMAN, Mont., March 20, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today reported results for the fourth quarter and year ended December 31, 2022.

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