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Tornado Global Hydrovacs Ltd. (V:TGH)

Business Focus: Heavy Machinery & Vehicles

Sector:  Industrials Industry:  Heavy Machinery & Vehicles
 
See Regulatory Filings on SEDAR
Company Contact
Address: 7015 Macleod Trail SW Suite 510
CALGARY AB T2H 2K6
Tel: N/A
Website: https://www.tornadotrucks.com
IR: See website
Key People
Bill Rollins
Chief Executive Officer
Alastair Robertson
Chief Financial Officer
George Tai
Corporate Secretary, Director
Business Overview
Tornado Global Hydrovacs Ltd is a Canada-based company engaged in Heavy Machinery and Vehicles manufacturing. The Company manufactures the truck-mounted equipment available in the hydrovac industry. It manufactures the mayority of welded components on the hydrovac trucks in house, creating engineering efficiencies in designs. Every hydrovac truck is shipped with a diagram that corresponds exactly to the truck specifications.
Financial Overview
For the three months ended 31 March 2021, TornadoGlobal Hydrovacs Ltd revenues decreased 40% to C$8M. Netincome totaled C$361K vs. loss of C$109K. Revenues reflecta decrease in demand for the Company's products andservices due to unfavorable market conditions. Net Incomereflects Salaries and benefits decrease of 26% to C$699K(expense), Change in fair value of derivative finandecrease from C$88K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $49.41M as of Mar 31, 2021
Annual revenue (TTM): $25.42M as of Mar 31, 2021
EBITDA (TTM): $1.63M as of Mar 31, 2021
Net annual income (TTM): -$0.20M as of Mar 31, 2021
Free cash flow (TTM): $1.79M as of Mar 31, 2021
Net Debt Last Fiscal Year: $5.29M as of Mar 31, 2021
Shares outstanding: 126,771,119 as of Mar 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization