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GDI Integrated Facility Services Inc. (T:GDI)

Business Focus: Cleaning Services

Sector:  Industrials Industry:  Business Support Services
 
Company Contact
Address: 695-90e Avenue
LASALLE QC H8R 3A4
Tel: 1-514-3688690
Website: https://gdi.com
IR: See website
Key People
Claude Bigras
President, Chief Executive Officer, Director
Kevin Padley
Senior Vice President - Integrated Facility Services & Canadian Sales
Stephane Lavigne
Chief Financial Officer, Senior Vice President
Ahmed S. Boomrod
Executive Chairman - Janitorial USA Segment
Mike Boomrod
President - Janitorial USA Segment
Craig Rudin
President and Chief Executive Officer - Superior Solutions GP Inc
Craig William Stanford
President and Chief Operating Officer - Ainsworth Inc
Avi Steinberg
President (Janitorial Québec Region) and President of Modern Cleaning Concept GP Inc.
Jocelyn Trottier
Executive Vice President, President (Quebec Region) and Secretary
David Hinchey
Executive Vice President - Corporate Development
   
Business Overview
GDI Integrated Facility Services Inc. is an integrated commercial facility services provider. The Company's segments include Business Services Canada, Business Services USA and Technical Services. The Business Services Canada and Business Services USA segments provide a wide range of basic cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, carpet cleaning and dusting, as well as other building services including lawn maintenance, snow removal and others. The facilities served comprise office properties, shopping centers, industrial and institutional buildings, educational facilities, health care centers, airports and others in Canada and in the United States. The Technical Services segment provides building system controls, mechanical maintenance and services in relation to heating, ventilation, air conditioning, electrical energy engineering service offering and energy performance optimization, cabling for data transport and others.
Financial Overview
For the fiscal year ended 31 December 2023, GDI Integrated Facility Services Inc revenues increased 12% to C$2.44B. Net income decreased 47% to C$19M. Revenues reflect Technical Services segment increase of 21% to C$1.02B, Corporate and eliminations segment increase from C$0K to C$90M, Janitorial USA segment increase of 12% to C$756M, United States segment increase of 17% to C$1.12B, Canada segment increase of 9% to C$1.32B.
Employees: 26,500 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $1,363M as of Dec 31, 2023
Annual revenue (TTM): $2,437M as of Dec 31, 2023
EBITDA (TTM): $128.00M as of Dec 31, 2023
Net annual income (TTM): $19.00M as of Dec 31, 2023
Free cash flow (TTM): $38.00M as of Dec 31, 2023
Net Debt Last Fiscal Year: $417.00M as of Dec 31, 2023
Shares outstanding: 23,468,357 as of Apr 17, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization