Suncrete, Inc. exclusively focuses on the ready-mix concrete business. It acts as a vital supplier within the building sector, employing a scalable, ...
Suncrete, Inc. (NASDAQ: RMIX) is a newly established player in the construction materials industry, focusing exclusively on the ready-mix concrete business. The company operates an integrated model that includes its own concrete production plants, a comprehensive fleet of delivery trucks, and an advanced technology platform for managing dispatches and logistics. ...Suncrete, Inc. (NASDAQ: RMIX) is a newly established player in the construction materials industry, focusing exclusively on the ready-mix concrete business. The company operates an integrated model that includes its own concrete production plants, a comprehensive fleet of delivery trucks, and an advanced technology platform for managing dispatches and logistics. This end-to-end approach aims to provide reliability and efficiency to a broad customer base spanning public infrastructure, commercial construction, and residential development.
Suncrete was founded on September 30, 2025, and is headquartered in Tulsa, Oklahoma. The company went public through a business combination with Haymaker Acquisition Corp. 4, with its Class A common stock listing on the Nasdaq Global Market on April 9, 2026. The leadership team includes CEO Randall Edgar and Executive Chairman Ned N. Fleming III, who is also a founding partner of SunTx Capital Partners, the private equity firm backing the company.
Financially, Suncrete shows early-stage performance with a market capitalization around $444 million as of mid-2026. The company has a relatively small workforce of 3 full-time employees, reflecting its recent inception. Despite limited operations, it has generated revenue per share of $0.748 and maintains a positive gross profit margin of 37%, though net margins are currently negative due to start-up costs and interest expenses. The company’s balance sheet shows minimal debt with a debt-to-equity ratio of 0.014, indicating a conservative financial structure.
Suncrete's business model emphasizes scalability and technology integration, aiming to differentiate itself in the fragmented ready-mix market. The company's growth strategy likely involves expanding its production footprint and leveraging its tech platform to optimize delivery schedules and reduce costs. As a newly public company, it faces challenges typical of early-stage ventures, including establishing a track record and achieving profitability. However, its focus on the Sunbelt region, where construction demand is robust, positions it for potential growth. Key performance indicators such as inventory turnover and receivables turnover are currently zero, possibly due to the short operating history. Going forward, investors will watch for expansion milestones, revenue growth, and margin improvements.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
-100.0%
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-1.5M
-105.4%
-19.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-756680
-80.2%
+92.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
1.4%
+100.0%
+4542.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.01x
-99.7%
+19836.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.