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Mullen Group Ltd. (T:MTL)

Business Focus: Ground Freight & Logistics (NEC)

Sector:  Industrials Industry:  Ground Freight & Logistics
 
Company Contact
Address: 121A-31 Southridge Dr
OKOTOKS AB T1S 2N3
Tel: N/A
Website: https://www.mullen-group.com
IR: See website
Key People
Murray K. Mullen
Chairman of the Board, President, Senior Executive Officer
Lee Hellyer
Vice President - Operations
Richard James Maloney
Senior Operating Officer
Joanna K. Scott
Senior Corporate Officer
Carson Paul Urlacher
Senior Accounting Officer
 
Business Overview
Mullen Group Ltd. is a Canada-based logistics provider. The Company's segments include Less-Than-Truckload (LTL), Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The LTL segment provides final or last mile delivery of general freight consisting of smaller shipments, packages, and parcels. The Logistics & Warehousing segment provides shippers throughout North America with a range of trucking and logistics service offerings, including full truckload, specialized transportation, warehousing, fulfilment center's that handle e-commerce transactions, and bulk shipments. The Specialized & Industrial Services segment provides equipment and services to the oil and natural gas, environmental, construction, pipeline, utility, telecom, and civil industries. The U.S. & International Logistics segment provides third-party logistics services focused on freight brokerage across multiple modes of transportation. It also offers general oilfield hauling.
Financial Overview
For the fiscal year ended 31 December 2023, Mullen Group Ltd revenues decreased less than 1% to C$1.99B. Net income decreased 14% to C$136.7M. Revenues reflect Specialized & Industrial Service segment increase of 17% to C$468M, Other/Corporate segment increase of 23% to C$5.5M, Canada segment increase of 1% to C$1.8B, also reflect Logistics & Warehousing segment decrease of 7% to C$564.9M.
Employees: 7,416 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $2,045M as of Dec 31, 2023
Annual revenue (TTM): $1,995M as of Dec 31, 2023
EBITDA (TTM): $328.96M as of Dec 31, 2023
Net annual income (TTM): $136.72M as of Dec 31, 2023
Free cash flow (TTM): $110.38M as of Dec 31, 2023
Net Debt Last Fiscal Year: $761.62M as of Dec 31, 2023
Shares outstanding: 88,057,434 as of Mar 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization