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Westport Fuel Systems Inc. (T:WPRT)

Business Focus: Engine & Powertrain Systems

Sector:  Consumer Cyclicals Industry:  Auto, Truck & Motorcycle Parts
 
See Regulatory Filings on SEDAR
Company Contact
Address: 101 - 1750 West 75th Avenue
VANCOUVER BC V6P 6G2
Tel: 1-604-7182046
Website: https://wfsinc.com
IR: See website
Key People
Brenda J. Eprile
Independent Chairman of the Board
David M. Johnson
Chief Executive Officer, Director
Richard J. Orazietti
Chief Financial Officer
James D. Arthurs
Executive Vice President
Bart van Aerle
Vice President Product and Business Strategy
 
Business Overview
Westport Fuel Systems Inc is a Canada-based inventor, engineer, manufacturer and supplier of advanced clean fuel systems and components. It operates through the Westport Operations segment. The Westport Operations segment designs, manufactures and sells liquefied natural gas, and liquefied petroleum gas components and systems to original equipment manufacturers and to aftermarket customers. Its subsidiaries design and manufacture a range of components injectors, electronic control units, valves and filters; sell mono-fuel, bi-fuel and dual-fuel diesel blend conversion kits, and also offer full engine management systems and solutions. The Westport Operations segment has a customer base in Europe and North America, as well as in Asia, South America, and Africa.
Financial Overview
For the six months ended 30 June 2021, Westport FuelSystems Inc revenues increased 51% to $155.5M. Net incometotaled $14.1M vs. loss of $12.3M. Revenues reflect OEMsegment increase of 69% to $90.2M, IAM segment increase of31% to $65.3M, CWI segment increase of 21% to $86.2M,Europe segment increase of 47% to $100.4M, Asia Pacificsegment increase of 89% to $16.3M, Americas segmentincrease of 11% to $18.7M.
Employees: 1,313 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $697.19M as of Jun 30, 2021
Annual revenue (TTM): $376.87M as of Jun 30, 2021
EBITDA (TTM): -$12.47M as of Jun 30, 2021
Net annual income (TTM): $23.53M as of Jun 30, 2021
Free cash flow (TTM): -$42.53M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 155,029,788 as of Aug 10, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization