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AgJunction Inc. (T:AJX)

Business Focus: Agricultural Machinery

Sector:  Industrials Industry:  Heavy Machinery & Vehicles
See Regulatory Filings on SEDAR
Company Contact
Address: 9105 E. Del Camino Dr. #115
Tel: N/A
IR: See website
Key People
Lori Susan Ell
Chairman of the Board
M. Brett McMickell
President, Chief Executive Officer, Director
Deborah Mack
Interim Chief Financial Officer
Charlie Wohlers
Vice President - Operations
Bobac Barjesteh
Vice President - Intellectual Property, General Counsel
Jeff Farrar
Vice President - Sales, Agriculture
Landon Morris
Vice President - Marketing
Neil Rutland
Vice President - Global Engineering
Business Overview
AgJunction Inc. is a machine control solutions provider. The Company is engaged in precision agriculture business and develops products to enhance the efficiency and productivity of agricultural activities through the use of technology. It designs, manufactures and markets products and applications incorporating technologies that provide automation and navigation solutions through the integration of global navigation satellite systems (GNSS) positioning, and other technologies for precision machine guidance, steering and flow control. It operates through agriculture products segment. Its products offer positioning and machine control capabilities for the agriculture sector, including machine control and auto-steering systems. Its product lines include positioning sensor technology, displays and software applications, and ground and aerial guidance solutions and machine control. It offers agriculture products, air agriculture products and Novariant products.
Financial Overview
For the fiscal year ended 31 December 2019, AgJunction Inc revenues decreased 39% to $39.2M. Net loss totaled $6.2M vs. income of $1.5M. Revenues reflect Europe & Middle East & Africa (EMEA) segment decrease of 40% to $25.1M, Amercias segment decrease of 37% to $13.6M. Net loss reflects (Gain) on sale of division decrease from $3.2M (income) to $0K, General and administrative increase of 4% to $10.5M (expense).
Employees: 106 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $55.46M as of Dec 31, 2019
EBITDA (TTM): -$5.03M as of Dec 31, 2019
Net annual income (TTM): -$8.76M as of Dec 31, 2019
Free cash flow (TTM): -$2.43M as of Dec 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 117,072,573 as of Mar 9, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization