JFB Construction Projects Anticipated Revenues of $32 Million in 2025
Lantana, Fla., January 6, 2026 (GLOBE NEWSWIRE) — JFB Construction Holdings (Nasdaq: JFB), a leader in real estate development and construction, has announced its expectations for full-year 2025 revenues to reach $32 million. This marks a remarkable 40% increase compared to the previous year's revenues, showcasing the company's growth trajectory in various market sectors.
Highlights of JFB's Financial Growth
According to Joseph Basile III, CEO of JFB, this anticipated revenue increase reflects the ongoing projects within key business verticals, including hospitality, commercial retail, industrial, and high-end residential development. Basile stated, “This achievement of an anticipated 40% increase in full year 2025 revenues as compared to full year 2024 revenues is another important milestone for our company, continuing the momentum of our most recent announcement of an anticipated 119% increase in Q4 2025 revenues compared to Q4 2024 revenues.”
Key Projects Driving Revenue Growth
JFB's revenue growth is underpinned by several significant ongoing projects that contribute to the overall financial outlook for 2025:
- High School Development: Execution of an $18.9 million contract for the first phase of constructing a high school in DeSoto County, Florida, with an estimated total contract value of $100 million.
- Residential Construction: Vertical construction on 79 townhouses in Port Salerno, Florida.
- Bond Issuance: Approval for an $18.9 million bond to act as the general contractor for the high school project.
- Hospitality Expansion: Ongoing construction of a Courtyard Marriott in Olive Branch, Mississippi, in which JFB holds a 25% ownership interest.
- Corporate Financing: Completion of a $44 million private placement, with $34 million allocated for general corporate operating expenses.
Future Outlook and Q1 2026 Expectations
Mr. Basile further noted that many of these projects are expected to bolster revenue as the company transitions into Q1 2026. “Specifically, we anticipate that the DeSoto County high school project will continue to produce strong revenue throughout 2026, as the construction of public schools in the State becomes a new revenue-producing avenue for JFB Construction,” he added.
JFB Construction Holdings aims to establish itself as one of the premier players in the construction sector. Basile concluded, “We believe that our operational success and growth will continue throughout 2026 and beyond as we manage larger construction projects at this scale.”
About JFB Construction Holdings
JFB Construction Holdings (“JFB”) brings generations of combined industry experience in both residential and commercial construction. With a diverse portfolio that includes multifamily communities, shopping centers, and high-end estates, JFB has developed over 2 million square feet of commercial and retail space. The company prides itself on its reputation for quality and trust, as evidenced by a majority of its projects being secured through referrals and repeat clients.
Cautionary Note on Forward-Looking Statements
This announcement contains forward-looking statements regarding the anticipated performance of JFB, including potential revenue growth. Statements such as "expect," "anticipate," and similar expressions identify these predictions. Such statements are subject to uncertainties and risks, as further detailed in the Risk Factors sections of our SEC filings.
Investors are encouraged to review additional risk factors that may impact future results in the company’s filings with the SEC, available at www.sec.gov. JFB undertakes no obligation to publicly update these forward-looking statements unless required by law.
Contact Information
For more information, please contact:
Joseph F. Basile, III
Phone: 561-582-9840
Email: joe@jfbconstruction.net
Investor Relations:
CORE IR
Mike Mason
Phone: 516-222-2560
Email: investors@jfbconstruction.net