Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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
Tel: 1-604-7182046
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