Exhibit 99.1

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Ascent Industries Co. Delivers Strongest Earnings Since 2022;
Gross Profit Nearly Doubles Year-Over-Year

Schaumburg, Illinois, November 4, 2025 – Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), a specialty chemicals platform focused on the development, production, and distribution of tailored, performance-driven chemical solutions, is reporting its results for the third quarter ended September 30, 2025.

Third Quarter 2025 Summary1
(in millions, except per share and margin)Q3 2025Q3 2024Change
Net Sales$19.7$20.9(5.7)%
Gross Profit$5.8$3.094.2%
Gross Profit Margin29.7%14.4%1,525bps
Net Loss$(0.1)$(7.8)(98.4)%
Diluted Loss per Share$(0.01)$(0.77)(98.7)%
Adjusted EBITDA$1.4$(0.7)+2.1M
Adjusted EBITDA Margin7.0%(3.4)%1,038bps
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1On April 4, 2025, the Company closed on a transaction to sell substantially all of the assets of Bristol Metals, LLC (“BRISMET”). On June 30, 2025, the Company closed on a transaction to sell substantially all of the assets of American Stainless Tubing, Inc ("ASTI"). As a result, financial results from BRISMET and ASTI have been categorized into discontinued operations.

Management Commentary
“Our third quarter—and our first full quarter as a pure-play specialty chemicals company—delivered our strongest earnings performance since 2022,” said Bryan Kitchen, President and CEO of Ascent Industries Co. “That year included both our Chemicals and Tubular segments and benefited from pandemic-era tailwinds. Achieving this level of profitability today, while still absorbing the drag from our Munhall asset, underscores the resilience and earnings power of the platform we are building.” 

“Gross profit nearly doubled year-over-year, and EBITDA margins improved significantly. This performance reflects disciplined sourcing, focused product-line management, and relentless operational rigor that continue to expand gross margin and earnings, even as demand remains muted across many end markets. The improvement is structural, not situational.” 

Kitchen added, “Momentum is building. Quarter after quarter, we’re proving that our Chemicals-as-a-Service model delivers durable value, even in a sluggish macro backdrop. Our customer-centric approach and agility are resonating, and our growing pipeline of high-quality opportunities reinforces confidence in both our organic growth runway and earnings trajectory ahead.” 

Third Quarter 2025 Financial Results
Net sales from continuing operations were $19.7 million compared to $20.9 million in the third quarter of 2024. The decline was a result of lower volume partially offset by increased average selling prices.

Gross profit from continuing operations increased 94.2% to $5.8 million, or 29.7% of net sales, compared to $3.0 million, or 14.4% of net sales, in the third quarter of 2024. The increase was primarily driven by continued cost management, strategic sourcing enhancements and further product line optimization.

Net loss from continuing operations decreased to ($0.1) million, or ($0.01) diluted loss per share compared to a net loss from continuing operations of ($7.8) million, or ($0.77) diluted loss per share, in the third quarter of 2024.

Adjusted EBITDA from continuing operations increased to $1.4 million in the third quarter of 2025, with adjusted EBITDA margin increasing to 7.0% compared to (3.4)% in the prior year period. The increase was primarily driven by the aforementioned increase in gross profit partially offset by investments in selling, general and administrative expenses.
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Liquidity
As of September 30, 2025, the Company had $58.0 million in cash and cash equivalents, no debt outstanding under its revolving credit facilities and had $13.7 million in availability under its revolving credit facility.

For the quarter ended September 30, 2025, the Company repurchased 64,782 shares at an average cost of $12.85 per share for approximately $0.8 million.

Conference Call
Ascent will hold a conference call today at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2025.

Ascent management will host the conference call, followed by a question-and-answer period.

Date: Tuesday, November 4, 2025
Time: 5:00 p.m. Eastern time
Live Call Registration Link: Here
Webcast Registration Link: Here

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group, Inc. at 1-949-574-3860

The conference call will also be broadcast live and available for replay via the webcast registration link above here. The webcast will be archived for one year in the investor relations section of the Company’s website at www.ascentco.com.

About Ascent Industries Co.
Ascent Industries Co. (Nasdaq: ACNT) is a specialty chemicals platform focused on the development, production, and distribution of tailored, performance-driven chemical solutions. For more information about Ascent, please visit its website at www.ascentco.com.

Forward-Looking Statements
This press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable federal securities laws. All statements that are not historical facts are forward-looking statements. Forward looking statements can be identified through the use of words such as "estimate," "project," "intend," "expect," "believe," "should," "anticipate," "hope," "optimistic," "plan," "outlook," "should," "could," "may" and similar expressions. The forward-looking statements are subject to certain risks and uncertainties which could cause actual results to differ materially from historical results or those anticipated. Readers are cautioned not to place undue reliance on these forward-looking statements and to review the risks as set forth in more detail in Ascent Industries Co.’s Securities and Exchange Commission filings, including our Annual Report on Form 10-K, which filings are available from the SEC or on our website. Ascent Industries Co. assumes no obligation to update any forward-looking information included in this release.

Non-GAAP Financial Information
Financial statement information included in this earnings release includes non-GAAP (Generally Accepted Accounting Principles) measures and should be read along with the accompanying tables which provide a reconciliation of non-GAAP measures to GAAP measures.
We define "EBITDA" as earnings before interest, income taxes, depreciation and amortization. We define "Adjusted EBITDA" as EBITDA further adjusted for the impact of non-cash and other items we do not consider in our evaluation of ongoing performance. These items include: goodwill impairment, asset impairment, gain on lease modification, stock-based compensation, non-cash lease cost, acquisition costs and other fees, shelf registration costs, loss on extinguishment of debt, retention costs and restructuring and severance costs from net income. We caution investors that amounts presented in accordance with our definitions of EBITDA and Adjusted EBITDA may not be comparable to similar measures disclosed by other companies because not all companies calculate EBITDA and Adjusted EBITDA in the same manner. We present EBITDA and Adjusted EBITDA because we consider them to be important supplemental measures of our performance and investors' understanding of our performance is enhanced by including these non-GAAP financial measures as a reasonable basis for comparing our ongoing results of operations.
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Company Contact
Ryan Kavalauskas
Chief Financial Officer
1-630-884-9181

Investor Relations
Ralf Esper
Gateway Group, Inc.
1-949-574-3860
ACNT@gateway-grp.com




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Ascent Industries Co.
Condensed Consolidated Balance Sheets
(in thousands, except par value and share data)
    
(Unaudited)
 September 30, 2025December 31, 2024
Assets 
Current assets: 
Cash and cash equivalents$58,042 $16,098 
Accounts receivable, net of allowance for credit losses of $1,161 and $202, respectively
12,603 12,232 
Advances and other receivables5,378 52 
Inventories7,178 5,727 
Prepaid expenses and other current assets1,682 1,122 
Current assets of discontinued operations— 47,841 
Total current assets84,883 83,072 
Property, plant and equipment, net16,096 17,589 
Right-of-use assets, operating leases, net15,075 28,140 
Intangible assets, net2,986 3,445 
Deferred charges, net338 309 
Other non-current assets, net511 512 
Long-term assets of discontinued operations— 14,183 
Total assets$119,889 $147,250 
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable$5,466 $6,836 
Accrued expenses and other current liabilities5,691 3,598 
Current portion of note payable758 369 
Current portion of operating lease liabilities1,035 1,495 
Current portion of finance lease liabilities306 293 
Current liabilities of discontinued operations— 9,756 
Total current liabilities13,256 22,347 
Long-term portion of operating lease liabilities18,563 29,972 
Long-term portion of finance lease liabilities784 1,015 
Deferred income taxes153 320 
Other long-term liabilities45 51 
Total non-current liabilities19,545 31,358 
Total liabilities$32,801 $53,705 
Commitments and contingencies
Shareholders' equity:
Common stock, par value $1 per share; 24,000,000 shares authorized; 9,373,680 and 10,072,590 shares outstanding as of September 30, 2025 and December 31, 2024, respectively
$11,085 $11,085 
Capital in excess of par value47,577 47,339 
Retained earnings46,825 44,919 
 105,487 103,343 
Less: cost of common stock in treasury - 1,711,423 and 1,012,513 shares, respectively
(18,399)(9,798)
Total shareholders' equity87,088 93,545 
Total liabilities and shareholders' equity$119,889 $147,250 
Note: The condensed consolidated balance sheets at December 31, 2024 have been derived from the audited consolidated financial statements at that date.
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Ascent Industries Co.
Condensed Consolidated Statements of Income (Loss) (Unaudited)
($ in thousands, except per share data)
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420242023
Net sales$19,697 $20,878 $56,183 $62,642 
Cost of sales13,856 17,870 42,410 55,435 
Gross profit5,841 3,008 13,773 7,207 
Selling, general and administrative6,253 5,034 17,567 15,518 
Acquisition costs and other398 2 665 54 
Asset impairments—— 1,622 — 
Gain on lease modification— (67)(544)(67)
Operating loss from continuing operations(810)(1,961)(5,537)(8,298)
Other expense (income)
Interest expense (income), net(447)124 (347)323 
Other, net(296)(91)(581)(303)
Loss from continuing operations before income taxes(67)(1,994)(4,609)(8,318)
Income tax expense (benefit)58 5,807 (32)4,413 
Loss from continuing operations(125)(7,801)(4,577)(12,731)
Income (loss) from discontinued operations, net of tax(1,962)1,649 6,483 160 
Net income (loss)$(2,087)$(6,152)$1,906 $(12,571)
Net loss per common share from continuing operations:
Basic$(0.01)$(0.77)$(0.46)$(1.26)
Diluted$(0.01)$(0.77)$(0.46)$(1.26)
Net income (loss) per common share from discontinued operations:
Basic$(0.20)$0.16 $0.65 $0.02 
Diluted$(0.20)$0.16 $0.65 $0.02 
Net income (loss) per common share:
Basic$(0.20)$(0.61)$0.19 $(1.24)
Diluted$(0.20)$(0.61)$0.19 $(1.24)
Weighted average shares outstanding:
Basic9,751 10,126 9,913 10,110 
Diluted9,751 10,126 9,913 10,110 
Adjusted EBITDA1
$1,376 $(709)$575 $(4,139)
1We define "EBITDA" as earnings before interest, income taxes, depreciation and amortization. We define "Adjusted EBITDA" as EBITDA further adjusted for the impact of non-cash and other items we do not consider in our evaluation of ongoing performance. These items include: goodwill impairment, asset impairment, gain on lease modification, stock-based compensation, non-cash lease cost, acquisition costs and other fees, shelf registration costs, loss on extinguishment of debt, retention costs and restructuring and severance costs from net income. We caution investors that amounts presented in accordance with our definitions of EBITDA and Adjusted EBITDA may not be comparable to similar measures disclosed by other companies because not all companies calculate EBITDA and Adjusted EBITDA in the same manner. We present EBITDA and Adjusted EBITDA because we consider them to be important supplemental measures of our performance and investors' understanding of our performance is enhanced by including these non-GAAP financial measures as a reasonable basis for comparing our ongoing results of operations.
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Ascent Industries Co.
Consolidated Statements of Cash Flows (Unaudited)
($ in thousands)
Nine Months Ended September 30,
20252024
Operating activities 
Net income (loss)$1,906 $(12,571)
Income from discontinued operations, net of tax6,483 160 
Net loss from continuing operations(4,577)(12,731)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:  
Depreciation expense2,724 2,923 
Amortization expense459 522 
Amortization of debt issuance costs217 74 
Asset impairments1,622 — 
Deferred income taxes(32)6,639 
(Reduction of) provision for losses on accounts receivable(488)214 
Non-cash lease expense85 96 
Stock-based compensation expense512 592 
Changes in operating assets and liabilities:
Accounts receivable and advances(5,210)(246)
Inventories(1,450)3,692 
Other assets and liabilities(1,517)(708)
Accounts payable(1,535)(2,621)
Accrued expenses1,741 1,809 
Accrued income taxes(119)669 
Net cash (used in) provided by operating activities - continuing operations(7,568)924 
Net cash provided by operating activities - discontinued operations6,783 4,934 
Net cash (used in) provided by operating activities(785)5,858 
Investing activities  
Purchases of property, plant and equipment(1,082)(737)
Net cash used in investing activities - continuing operations(1,082)(737)
Net cash provided by investing activities - discontinued operations52,525 2,253 
Net cash provided by investing activities51,443 1,516 
Financing activities  
Borrowings from credit facilities114,470 156,923 
Proceeds from note payable1,085 914 
Payments on credit facilities(114,470)(156,923)
Payments on note payable(696)(633)
Principal payments on finance lease obligations(219)(219)
Repurchase of common stock(8,875)(738)
Net cash used in financing activities - continuing operations(8,705)(676)
Net cash used in financing activities - discontinued operations(19)(2)
Net cash used in financing activities(8,724)(678)
Increase in cash and cash equivalents41,934 6,696 
Less: Cash and cash equivalents of discontinued operations— 10 
Cash and cash equivalents, beginning of period16,108 1,841 
Cash and cash equivalents, end of period$58,042 $8,547 
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Ascent Industries Co.
Non-GAAP Financial Measures Reconciliation
Reconciliation of Net Income (Loss) to Adjusted EBITDA (Unaudited)
($ in thousands)

Three Months Ended
September 30,		Nine Months Ended
September 30,
($ in thousands)2025202420252024
Consolidated
Net loss from continuing operations$(125)$(7,801)$(4,577)$(12,731)
Adjustments:
Interest expense (income), net(447)124 (347)323 
Income taxes58 5,807 (32)4,413 
Depreciation854 962 2,725 2,923 
Amortization153 174 458 522 
EBITDA493 (734)(1,773)(4,550)
Acquisition costs and other398 2 665 54 
Asset impairments— — 1,622 — 
Gain on lease modification— (67)(544)(67)
Stock-based compensation197 55 318 148 
Non-cash lease expense86 35 85 96 
Retention expense— — — 3 
Restructuring and severance costs202 — 202 177 
Adjusted EBITDA$1,376 $(709)$575 $(4,139)
% sales7.0 %(3.4)%1.0 %(6.6)%
Specialty Chemicals
Net income (loss)$2,138 $367 $4,375 $(681)
Adjustments:
Interest expense, net7 19 39 57 
Depreciation830 945 2,671 2,863 
Amortization153 174 458 522 
EBITDA3,128 1,505 7,543 2,761 
Acquisition costs and other— — 92 — 
Stock-based compensation4 — 4 7 
Non-cash lease expense26 19 30 57 
Restructuring and severance costs— — — 109 
Specialty Chemicals Adjusted EBITDA$3,158 $1,524 $7,669 $2,934 
% segment sales16.0 %7.3 %13.7 %4.7 %
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