JFB Construction expects increase of over 20% in Q4 revenues y/y

JFB Construction (JFB) announced that it anticipates an increase of over 20 percent in Q4 2025 revenues as compared to Q4 2024 revenues. “We achieved several milestones during the fourth quarter of 2025, and as a result we anticipate strong revenue performance to finish the year, and we still have three weeks remaining to recognize revenue on projects in 2025. Importantly, many of these projects are also expected to contribute towards strong revenue performance moving into Q1 2026,” said Chief Executive Officer Joseph Basile, III. Highlights of the Company’s fourth quarter success include: Execution of an $18.9 million contract in October for the first of three phases of the construction and continuation of the existing campus of a high school in DeSoto County, Fla; Vertical construction on 79 townhouses in Port Salerno, Florida; Approval for the issuance of an $18.9 million bond to act as general contractor for the first phase of construction of the high school; Ongoing construction of a Courtyard Marriott in Olive Branch, Miss., in which JFB also has a 25% ownership interest; Completion of a $44 million private placement, $34 million of which is designated for general corporate operating expenses