Sector: Industrials | Industry: Industrial Machinery & Equipment |
Company Contact | |
Address: | 17210 Edwards Road CERRITOS CA 90703 |
Tel: | N/A |
Website: | https://www.omni-lite.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling. |
Financial Overview |
For the fiscal year ended 31 December 2023, Omni-Lite Industries Canada Inc revenues increased 11% to $12.4M. Net income totaled $90K vs. loss of $2.6M. Revenues reflect United States segment increase of 25% to $8.9M. Net Income reflects Other Income increase of 54% to $444K (income), Share-based compensation decrease of 35% to $66K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.17 to $0.01. |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $20.31M as of Dec 31, 2023 |
Annual revenue (TTM): | $17.03M as of Dec 31, 2023 |
EBITDA (TTM): | $1.63M as of Dec 31, 2023 |
Net annual income (TTM): | $0.12M as of Dec 31, 2023 |
Free cash flow (TTM): | $0.73M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $6.69M as of Dec 31, 2023 |
Shares outstanding: | 15,412,564 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |