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Exco Technologies Limited (T:XTC)

Business Focus: Auto, Truck & Motorcycle Parts (NEC)

Sector:  Consumer Cyclicals Industry:  Auto, Truck & Motorcycle Parts
 
Company Contact
Address: 130 Spy Crt
MARKHAM ON L3R 5H6
Tel: 1-905-4773065
Website: www.excocorp.com
IR: See website
Key People
Brian A. Robbins
Executive Chairman of the Board
Darren M. Kirk
President, Chief Executive Officer, Director
Matthew Posno
Chief Financial Officer, Vice President - Finance
William Peter Schroers
President and Chief Executive Officer of Automotive Solutions Group
Paul E. Riganelli
Executive Vice President
Jeff Blackburn
Vice President - Casting Technologies, General Manager
Paul H. Robbins
Vice President, General Manager - Castool Division
Nick Gnatyuk
Vice President, General Manager - Extrusion Tooling Solutions Group
 
Business Overview
Exco Technologies Limited is a Canada-based global supplier of technologies servicing the die-cast, extrusion and automotive industries. The Company operates through two business segments: Casting and Extrusion Technology (Casting and Extrusion) and Automotive Solutions. The Casting and Extrusion segment designs, develops and manufactures tooling and related products for the aluminum die-cast and extrusion industries. Its operations are substantially for automotive and other industrial markets in North America and Europe. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage and restraint for sale to automotive manufacturers and Tier 1 suppliers (suppliers to automakers). The Company operates in approximately 20 strategic locations around nine countries and serves various customer base.
Financial Overview
For the three months ended 31 December 2023, Exco Technologies Ltd revenues increased 13% to C$156.7M. Net income increased 25% to C$5.6M. Revenues reflect Automotive Systems segment increase of 18% to C$83M, Casting & Extrusion Technology segment increase of 7% to C$73.7M. Net income benefited from Casting & Extrusion Technology segment income increase of 88% to C$3.6M, Automotive Systems segment income increase of 12% to C$8.1M.
Employees: 2,475 as of Sep 30, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $375.73M as of Dec 31, 2023
Annual revenue (TTM): $636.92M as of Dec 31, 2023
EBITDA (TTM): $77.18M as of Dec 31, 2023
Net annual income (TTM): $27.40M as of Dec 31, 2023
Free cash flow (TTM): $0.41M as of Dec 31, 2023
Net Debt Last Fiscal Year: $106.30M as of Dec 31, 2023
Shares outstanding: 38,763,112 as of Apr 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization