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 |