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MDA Ltd. (T:MDA)

Business Focus: Aircraft Parts Manufacturing

Sector:  Industrials Industry:  Aerospace & Defense
Company Contact
Address: 9445 Airport Road
Tel: 1-647-4013230
IR: See website
Key People
Michael Greenley
Chief Executive Officer, Director
Daniel Smith
Vice President - Information Technology
Vito Culmone
Chief Financial Officer
Cameron Ower
Chief Technology Officer
Holly Johnson
Vice President - Robotics and Space Operations
Martin Herman
Vice President, Legal, General Counsel, Corporate Secretary
Margaret Bailey
Vice President of Human Resources
Amy Macleod
Vice President - Corporate Communications
Ian Mcleod
Vice President - Corporate Development
Luigi Pozzebon
Acting Vice President - Satellite Systems
Business Overview
MDA Ltd. is a provider of advanced technology and services to the global space industry. The Company designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems. It also provides geo intelligence and earth observation solutions that incorporate data from the Company's owned and operated satellite, RADARSAT-2, as well as third party satellite missions. It operates across three business areas: Geointelligence, Robotics & Space Operations, and Satellite Systems. In Geointelligence, it provides end-to-end solutions and services related to earth observation (EO) and defense intelligence systems. In Robotics & Space Operations, it provides autonomous robotics and vision sensors that operate in space and on the surfaces of the Moon and Mars. In Satellite Systems, it provides systems and subsystems used in low earth orbit (LEO), medium earth orbit (MEO), and geosynchronous orbit (GEO) satellites and offers digital payload expertise.
Financial Overview
For the nine months ended 30 September 2023, MDA Ltd revenues increased 32% to C$602.6M. Net income increased from C$17.5M to C$35.3M. Revenues reflect Satellite systems segment increase of 62% to C$271.5M, Robotics and space operations segment increase of 26% to C$183.5M, United States segment increase of 73% to C$252.6M, Canada segment increase of 36% to C$299.6M.
Reporting Currency: Canadian Dollars
Enterprise value: $1,591M as of Sep 30, 2023
Annual revenue (TTM): $788.70M as of Sep 30, 2023
EBITDA (TTM): $161.50M as of Sep 30, 2023
Net annual income (TTM): $44.10M as of Sep 30, 2023
Free cash flow (TTM): -$87.70M as of Sep 30, 2023
Net Debt Last Fiscal Year: $297.80M as of Sep 30, 2023
Shares outstanding: 119,569,302 as of Nov 29, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization