Atlas Engineered Products Ltd. (V:AEP)
Business Focus: Wood Products
| Sector: Basic Materials | Industry: Forest & Wood Products |
| Company Contact | |
| Address: | Country Club PO PO Box 37036 NANAIMO BC V9T 6N4 |
| Tel: | N/A |
| Website: | https://atlasengineeredproducts.com |
| IR: | See website |
| Key People | ||
| Mohammad Hadi Abassi President, Chief Executive Officer, Director | Melissa Macrae Chief Financial Officer | Gurmit Dhaliwal Chief Operating Officer |
| Business Overview |
| Atlas Engineered Products Ltd. is a manufacturer of trusses, windows, wall panels and a supplier of engineered wood products. The Company operates manufacturing and distribution facilities in British Columbia, Manitoba, and Ontario to meet the needs of residential and commercial builders. Its products include roof trusses, floor trusses, wall panels, windows, floor joists, floor panels, project management and site assembly services, and design, engineering and permitting services. It also distributes a range of various engineered wood products for use by builders of residential and commercial wood-framed buildings. These include single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures. Its subsidiaries include Clinton Building Components Ltd., Satellite Building Components Ltd., Atlas Building Systems Ltd., Pacer Building Components Ltd., South Central Building Systems Ltd., and Novum Building Components Ltd. |
| Financial Overview |
| For the nine months ended 30 September 2023, Atlas Engineered Products Ltd revenues decreased 25% to C$35.2M. Net income decreased 61% to C$2.6M. Revenues reflect Trusses segment decrease of 24% to C$26.8M, Engineered Wood products segment decrease of 36% to C$7.6M. Net income also reflects Interest expense increase from C$364K to C$807K (expense), Administrative and office increase of 28% to C$1.7M (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $91.36M as of Sep 30, 2023 |
| Annual revenue (TTM): | $50.21M as of Sep 30, 2023 |
| EBITDA (TTM): | $10.23M as of Sep 30, 2023 |
| Net annual income (TTM): | $4.72M as of Sep 30, 2023 |
| Free cash flow (TTM): | $7.10M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $24.39M as of Sep 30, 2023 |
| Shares outstanding: | 59,446,981 as of Apr 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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