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Bri-Chem Corp. (T:BRY)

Business Focus: Specialty Chemicals (NEC)

Sector:  Basic Materials Industry:  Specialty Chemicals
 
Company Contact
Address: 27075 Acheson Rd
ACHESON AB T7X 6B1
Tel: N/A
Website: https://brichem.com
IR: See website
Key People
Donald Caron
Chairman of the Board, Chief Executive Officer
Tony Pagnucco
Chief Financial Officer
 
Business Overview
Bri-Chem Corp. (Bri-Chem) is a Canada-based oilfield chemical distribution and blending company. The Company is engaged in the distribution and blending of oilfield drilling, completion, stimulation, and production of chemical fluids. The Company offers a range of drilling fluid products from approximately 25 strategically located warehouses throughout Canada and the United States. The Company operates through five segments: Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending & Packaging Canada, Fluids Blending & Packaging USA, and Other. Its five divisions supplies, blends, and packages drilling fluid products in a wide variety of weights and clays, lost circulation materials, chemicals, and oil mud products. Its subsidiaries include Bri-Chem Supply Ltd., Sodium Solutions Inc., Solution Blend Service Ltd., Bri-Corp USA, Inc., Bri-Chem Supply Corp, LLC, Sun Coast Materials, LLC, and Bri-Chem Logistics, LLC.
Financial Overview
For the fiscal year ended 31 December 2023, Bri-Chem Corp revenues increased 1% to C$106M. Net income decreased 89% to C$909K. Revenues reflect Fluid Packaging segment increase of 15% to C$27.8M, Canada segment increase of 13% to C$30.6M. Net income was offset by Fluid Distribution segment income decrease of 74% to C$3.7M, Fluid Packaging segment income decrease of 83% to C$986K.
Employees: 74 as of Dec 31, 2016
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $106.04M as of Dec 31, 2023
EBITDA (TTM): $6.02M as of Dec 31, 2023
Net annual income (TTM): $0.91M as of Dec 31, 2023
Free cash flow (TTM): $12.00M as of Dec 31, 2023
Net Debt Last Fiscal Year: $31.64M as of Dec 31, 2023
Shares outstanding: 26,432,981 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization