Broadwind amends 8-K to add unaudited pro forma financials for Manitowoc asset sale

The pro forma balance sheet assumes the sale closed on June 30, 2025, lifting cash by $12.73 million and reducing line-of-credit and current debt by $1.6 million.

The pro forma income statement assumes the sale occurred on Jan. 1, 2024, including an estimated pre-tax gain of about $8.2 million.

Pro forma 2024 net income rises to $9.04 million from $1.15 million, while revenue falls to $124.96 million from $143.14 million.

Broadwind filed an amended current report to update unaudited pro forma financials tied to the sale of assets from its Manitowoc, Wisconsin operations.

The transaction closed on Sept. 8, 2025 for $13.5 million in cash, before expenses and customary adjustments.