Sector: Industrials | Industry: Heavy Machinery & Vehicles |
Company Contact | |
Address: | 711 Kernaghan Ave WINNIPEG MB R2C 3T4 |
Tel: | 1-204-2246382 |
Website: | https://www.nfigroup.com |
IR: | See website |
Key People | ||
Paul Soubry President, Chief Executive Officer, Director | Brian Keith Dewsnup Chief Financial Officer, Executive Vice President | Paul Davies President and Managing Director of ADL | Christopher James Stoddart President, North American Bus and Coach of New Flyer |
Business Overview |
NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two segments: Manufacturing Operations and Aftermarket Operations. The Manufacturing Operations segment manufactures, services and supports transit buses, coaches, medium-duty, and cutaway buses. The Aftermarket Operations segment is engaged in the sale of aftermarket parts for transit buses, coaches and medium- duty/cutaway buses, both for the Company's and third-party products. Its product type includes Heavy-duty transit buses, Single deck buses, Double-deck buses, Articulated buses, motor coaches, low floor cutaway, and medium-duty buses. |
Financial Overview |
For the fiscal year ended 31 December 2023, NFI Group Inc revenues increased 30% to $2.69B. Net loss applicable to common stockholders excluding extraordinary items decreased 49% to $150.5M. Revenues reflect Manufacturing Operations segment increase of 35% to $2.13B, Aftermarket Operations segment increase of 14% to $555M, Northern America segment increase of 35% to $2.11B, UK and Europe segment increase of 19% to $523.4M. |
Employees: | 7,500 as of Jan 2, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,799M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,678M as of Dec 31, 2023 |
EBITDA (TTM): | $66.47M as of Dec 31, 2023 |
Net annual income (TTM): | -$186.52M as of Dec 31, 2023 |
Free cash flow (TTM): | -$138.08M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,490M as of Dec 31, 2023 |
Shares outstanding: | 118,971,798 as of Apr 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |