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LANTANA, FL - JFB Construction Holdings (NASDAQ:JFB), a $48.38 million market cap company known for its work in various real estate sectors, has announced the execution of new contracts valued at over $69.5 million thus far in 2025. The company’s CEO, Joseph F. Basile, III, highlighted the significance of this development following a robust first-quarter performance that saw a 93% increase in year-over-year revenues. According to InvestingPro data, the company maintains a healthy financial position with a current ratio of 5.13, indicating strong liquidity.
The contracts span across JFB Construction’s business verticals, including hospitality, commercial retail, industrial, and high-end residential development. Basile attributes the company’s success to its operational capabilities, strategic growth plans, and the team’s versatility and efficiency. The company’s performance has been reflected in its stock price, which has surged nearly 50% over the past six months and currently trades near its 52-week high of $5.50. Emphasizing the importance of fulfilling customer promises, Basile expressed confidence in the company’s ongoing growth and its ambition to become a leading national real estate developer and general contractor.
JFB Construction’s experience includes multifamily communities, shopping centers, national franchises, exclusive homes, and over 2 million square feet of commercial and retail space. The company prides itself on acquiring projects through referrals and repeat business, having provided services in 36 U.S. states. With a gross profit margin of 21.67%, InvestingPro analysis reveals 8 additional key indicators that could impact the company’s future performance.
The company’s forward-looking statements in the press release suggest expectations for future performance, cautioning that actual results may vary. These statements are based on current information and projections about future events.
This news is based on a press release statement from JFB Construction Holdings.
In other recent news, JFB Construction Holdings announced the appointment of Jesus Rolon as its new Chief Construction Officer, effective May 2025. Rolon brings over 25 years of experience in the construction industry, having previously worked at Planet Fitness Corporate and Save A Lot Food stores, where he managed significant construction projects. CEO Joseph F. Basile, III expressed confidence in Rolon’s ability to contribute to the company’s growth, particularly in the commercial construction division. Additionally, JFB Construction revealed plans to begin a major project in Charlotte, North Carolina, in the third quarter of 2025. This project, named Auto Clubhouse Charlotte, will be the largest commercial construction endeavor in the company’s history. It will feature a 103,000 square foot warehouse with luxury auto condo bays and a 40,000 square foot building for luxury vehicle storage. The project aligns with the company’s strategy to focus on regions experiencing population growth. Plans for additional Auto Clubhouse locations in Dallas, Scottsdale, and Sarasota are also in development.
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