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Badger Infrastructure Solutions Ltd

Industrials CA BDGI

44.02CAD
-0.43(0.97%)

Last update at 2024-05-08T20:00:00Z

Day Range

43.5144.52
LowHigh

52 Week Range

24.1646.55
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 22.88M -14.43400M 33.14M 76.20M 71.68M
Minority interest - - - - -
Net income 18.29M -11.24900M 24.75M 59.73M 49.79M
Selling general administrative 44.70M 49.72M 50.39M 53.61M 29.29M
Selling and marketing expenses - - - - -
Gross profit 139.15M 119.01M 164.34M 201.02M 140.44M
Reconciled depreciation 59.58M 71.60M 72.79M 63.52M 49.00M
Ebit 34.87M -2.31300M 41.16M 83.88M 75.27M
Ebitda 94.45M 69.29M 113.95M 147.41M 111.25M
Depreciation and amortization 59.58M 71.60M 72.79M 63.52M 35.97M
Non operating income net other - - - - -
Operating income 34.87M -2.31300M 41.16M 83.88M 75.17M
Other operating expenses 535.95M 571.07M 517.47M 570.40M 376.68M
Interest expense 8.07M 5.53M 8.34M 6.92M 3.59M
Tax provision 4.59M -3.18500M 8.39M 16.47M 29.82M
Interest income 12.31M 8.11M 6.22M 7.63M 4.02M
Net interest income -8.06600M -5.52600M -8.33700M -6.91700M -4.89200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 4.59M -3.18500M 8.39M 16.47M 21.89M
Total revenue 570.81M 568.75M 558.63M 654.28M 451.86M
Total operating expenses 104.28M 121.32M 123.18M 117.14M 65.26M
Cost of revenue 431.66M 449.74M 394.29M 453.26M 311.42M
Total other income expense net -11.98200M -12.12100M -8.01600M -7.68500M -3.49185M
Discontinued operations - - - - -
Net income from continuing ops 18.29M -11.24900M 24.75M 59.73M 67.82M
Net income applicable to common shares 18.29M -11.24900M 24.75M 59.73M 67.82M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 533.00M 606.41M 622.88M 668.96M 443.37M
Intangible assets 21.83M 29.98M 30.67M 30.40M 9.98M
Earning assets - - - - -
Other current assets 9.55M 5.70M 8.54M 9.65M 4.58M
Total liab 310.15M 325.20M 294.37M 338.29M 174.29M
Total stockholder equity 222.85M 281.20M 328.52M 330.67M 269.09M
Deferred long term liab - - - - -
Other current liab 71.23M 70.93M 64.42M 64.85M 38.45M
Common stock 66.95M 77.99M 78.85M 79.01M 60.64M
Capital stock 66.95M 61.17M 61.84M 60.48M 60.64M
Retained earnings 159.33M 184.25M 230.00M 227.91M 180.62M
Other liab 48.58M 62.28M 66.49M 64.59M 53.41M
Good will 1.20M 1.62M 1.62M 1.62M 1.19M
Other assets - - - - -
Cash 5.40M 5.25M 17.30M 8.80M 35.46M
Cash and equivalents 0.00000M 4.14M 0.00000M 0.00000M 12.49M
Total current liabilities 104.33M 129.59M 118.18M 131.07M 59.96M
Current deferred revenue - - - - -
Net debt 160.59M 167.23M 129.64M 172.01M 39.66M
Short term debt 8.75M 39.13M 37.24M 38.18M 0.00000M
Short long term debt - 31.70M 31.83M 32.47M -
Short long term debt total 165.99M 172.47M 146.94M 180.81M 75.12M
Other stockholder equity 0.42M 0.55M 0.55M 0.55M 0.40M
Property plant equipment 328.31M 390.93M 401.88M 418.48M 363.58M
Total current assets 181.66M 183.88M 188.72M 218.46M 165.27M
Long term investments - - - - -
Net tangible assets 199.82M 249.60M 296.23M 298.65M 351.29M
Short term investments - - - - -
Net receivables 141.50M 157.79M 153.54M 191.76M 153.98M
Long term debt 138.88M 121.24M 99.90M 131.19M 102.31M
Inventory 25.21M 13.57M 9.34M 8.26M 4.40M
Accounts payable 24.36M 19.52M 16.52M 28.04M 18.45M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -3.85900M 18.41M 19.12M 23.20M 27.42M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total 351.34M 422.53M 434.17M 450.50M 278.11M
Capital lease obligations 27.11M 19.54M 15.21M 17.15M -
Long term debt total 157.24M 133.34M 109.69M 142.63M 102.31M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -59.94600M -54.13300M -62.96000M -126.02500M -93.28600M
Change to liabilities 7.65M 10.40M -5.58300M 8.59M 13.10M
Total cashflows from investing activities -59.94600M -54.13300M -62.96000M -126.02500M -93.28600M
Net borrowings 14.74M 14.97M -37.54400M 62.20M 62.20M
Total cash from financing activities -7.18000M -25.20000M -67.28300M -25.62500M -30.61093M
Change to operating activities -4.05100M 1.24M 0.96M -3.09000M -1.05400M
Net income 18.29M -11.24900M 24.75M 59.73M 49.79M
Change in cash 1.26M -12.05000M 8.49M -39.50200M 1.61M
Begin period cash flow 4.14M 17.30M 8.80M 48.30M 33.85M
End period cash flow 5.40M 5.25M 17.30M 8.80M 35.46M
Total cash from operating activities 68.33M 67.37M 139.25M 113.41M 98.66M
Issuance of capital stock - - - - -
Depreciation 59.58M 71.60M 72.79M 63.52M 35.97M
Other cashflows from investing activities 6.81M -0.91700M -6.72000M -1.21100M -0.42300M
Dividends paid 14.51M 21.59M 20.66M 20.07M 13.95M
Change to inventory -15.48900M -4.22200M -1.14200M -2.35500M -0.36196M
Change to account receivables -20.71900M 3.45M 32.55M -26.76300M -39.87300M
Sale purchase of stock 0.00000M -13.70100M -2.07700M -61.59100M -14.74857M
Other cashflows from financing activities 53.44M 85.35M 120.56M 89.94M -1.91552M
Change to netincome 23.06M -3.84800M 14.92M 13.77M 45.89M
Capital expenditures 66.76M 55.60M 62.59M 132.37M 69.42M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -32.60500M 10.86M 26.79M -23.61800M -20.79249M
Stock based compensation 5.51M 3.17M 8.88M 11.04M 7.58M
Other non cash items 12.96M -3.82900M -2.35100M -13.73700M 4.22M
Free cash flow 1.57M 11.77M 76.66M -18.95900M 29.24M

Fundamentals

  • Previous Close 44.45
  • Market Cap1596.81M
  • Volume24589
  • P/E Ratio28.59
  • Dividend Yield1.51%
  • EBITDA107.68M
  • Revenue TTM659.68M
  • Revenue Per Share TTM19.14
  • Gross Profit TTM 139.15M
  • Diluted EPS TTM1.62

Peer Comparison

Sector: Industrials Industry: Engineering & Construction

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BDGI
Badger Infrastructure Solutions Ltd
-0.43 0.97% 44.02 28.59 17.79 2.42 4.81 2.86 13.90
WSP
WSP Global Inc
4.22 1.97% 218.72 44.66 24.69 1.69 3.84 1.98 17.21
STN
Stantec Inc
0.70 0.60% 116.60 36.34 25.06 2.48 5.00 2.22 17.52
ATRL
SNC-Lavalin Group Inc.
0.80 1.45% 55.87 - - - -
ARE
Aecon Group Inc.
-0.01 0.06% 17.03 6.20 16.81 0.18 0.80 0.16 2.32

Reports Covered

Stock Research & News

Profile

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal. It also provides pipeline excavation services for pipeline crossing and tie-in, hydro probing, utility conflict, and oil and fuel spill applications; slot trenching services; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications. In addition, the company offers anode installation, emergency response, and potholing services; designs, engineers, and supplies excavation shoring systems; pole and piling holes services for utility, traffic signal, and transmission pole holes, as well as light standard and sign post holes; pole removals; end-bearing, pilot holes for friction, and spread footing piles; well monitor installations applications; and tanks and tank cleaning services. It serves the aggregate, construction, engineering, industrial, mining, oil and gas, power generation, transportation, and utility industries, as well as railway hydrovac services. The company was formerly known as Badger Daylighting Ltd. and changed its name to Badger Infrastructure Solutions Ltd. in May 2021. Badger Infrastructure Solutions Ltd. was founded in 1992 and is headquartered in Calgary, Canada.

Badger Infrastructure Solutions Ltd

ATCO Centre II, Calgary, AB, Canada, T2R 1P3

Key Executives

Name Title Year Born
Mr. Robert G. Blackadar CEO, Pres & Director 1969
Ms. Elizabeth Peterson Sr. VP of Operations NA
Ms. Tracey Lynn Wallace VP of HR & Chief HR Officer NA
Mr. Darren Julian Yaworsky Exec. Officer 1971
Mr. Pramod Bhatia Interim CFO NA
Mr. Pradeep Atluri VP of Information Strategy & Technology NA
Trevor Carson C.F.A. VP of Investor Relations & Corp. Devel. NA
Mr. Logan Mellott Regional VP of West Region NA
Mr. Connor Hanson Corp. Controller NA
Mr. Wade Mark Wilson VP of Bus. Process Improvement NA

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