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Badger Infrastructure Solutions Ltd

Industrials CA BDGI

64.41CAD
0.10(0.16%)

Last update at 2026-03-10T20:00:00Z

Day Range

64.0866.40
LowHigh

52 Week Range

33.3082.57
LowHigh

Fundamentals

  • Previous Close 64.31
  • Market Cap2366.88M
  • Volume151216
  • P/E Ratio29.85
  • Dividend Yield0.68%
  • EBITDA129.21M
  • Revenue TTM805.35M
  • Revenue Per Share TTM23.70
  • Gross Profit TTM 240.22M
  • Diluted EPS TTM2.35

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax 67.40M 77.10M 22.88M -14.43400M 33.14M
Minority interest - - - - -
Net income 47.83M 56.38M 18.29M -11.24900M 24.75M
Selling general administrative 41.89M 58.96M 44.70M 49.72M 50.39M
Selling and marketing expenses 11.30M 20.62M - - -
Gross profit 217.80M 163.61M 139.15M 119.01M 164.34M
Reconciled depreciation 78.70M 69.87M 59.58M 71.60M 72.79M
Ebit 85.98M 84.04M 34.87M -2.31300M 41.16M
Ebitda 142.91M 178.34M 94.45M 69.29M 113.95M
Depreciation and amortization 56.94M 94.30M 59.58M 71.60M 72.79M
Non operating income net other - - - - -
Operating income 85.98M 84.04M 34.87M -2.31300M 41.16M
Other operating expenses 658.27M 838.87M 535.95M 571.07M 517.47M
Interest expense 14.93M 22.94M 8.07M 5.53M 8.34M
Tax provision 19.59M 15.35M 4.59M -3.18500M 8.39M
Interest income 20.35M 7.20M 12.31M 8.11M 6.22M
Net interest income -15.68600M -16.99300M -8.06600M -5.52600M -8.33700M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 19.59M 20.72M 4.59M -3.18500M 8.39M
Total revenue 744.24M 922.91M 570.81M 568.75M 558.63M
Total operating expenses 131.82M 79.57M 104.28M 121.32M 123.18M
Cost of revenue 526.44M 759.30M 431.66M 449.74M 394.29M
Total other income expense net -18.57335M -6.94279M -11.98200M -12.12100M -8.01600M
Discontinued operations - - - - -
Net income from continuing ops 47.87M 41.77M 18.29M -11.24900M 24.75M
Net income applicable to common shares 47.87M 41.77M 18.29M -11.24900M 24.75M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 669.42M 868.21M 533.00M 606.41M 622.88M
Intangible assets 24.34M 23.59M 21.83M 29.98M 30.67M
Earning assets - - - - -
Other current assets - 15.75M 9.55M 5.70M 8.54M
Total liab 411.22M 545.16M 310.15M 325.20M 294.37M
Total stockholder equity 258.20M 323.05M 222.85M 281.20M 328.52M
Deferred long term liab - - - - -
Other current liab - 117.58M 71.23M 70.93M 64.42M
Common stock - 88.28M 66.95M 77.99M 78.85M
Capital stock 65.84M 66.95M 66.95M 61.17M 61.84M
Retained earnings 196.71M 241.82M 159.33M 184.25M 230.00M
Other liab - - 48.58M 62.28M 66.49M
Good will 1.13M 1.62M 1.20M 1.62M 1.62M
Other assets - - - - -
Cash 14.62M 11.23M 5.40M 5.25M 17.30M
Cash and equivalents - - 0.00000M 4.14M 0.00000M
Total current liabilities 144.54M 182.51M 104.33M 129.59M 118.18M
Current deferred revenue - 5.93M - - -
Net debt 155.41M 266.89M 160.59M 167.23M 129.64M
Short term debt - 19.89M 8.75M 39.13M 37.24M
Short long term debt - - - 31.70M 31.83M
Short long term debt total - 278.12M 165.99M 172.47M 146.94M
Other stockholder equity - 0.56M 0.42M 0.55M 0.55M
Property plant equipment - - 328.31M 390.93M 401.88M
Total current assets 206.28M 263.10M 181.66M 183.88M 188.72M
Long term investments - - - - -
Net tangible assets - - 199.82M 249.60M 296.23M
Short term investments - - - - -
Net receivables 161.06M 218.54M 141.50M 157.79M 153.54M
Long term debt 170.03M 163.69M 138.88M 121.24M 99.90M
Inventory 11.70M 17.58M 25.21M 13.57M 9.34M
Accounts payable 27.50M 39.12M 24.36M 19.52M 16.52M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -7.60437M -3.85900M 18.41M 19.12M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - 7.91M - - -
Deferred long term asset charges - - - - -
Non current assets total 463.13M 605.11M 351.34M 422.53M 434.17M
Capital lease obligations 50.25M 47.23M 27.11M 19.54M 15.21M
Long term debt total - - 157.24M 133.34M 109.69M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -99.37000M -106.64400M -59.94600M -54.13300M -62.96000M
Change to liabilities - - 7.65M 10.40M -5.58300M
Total cashflows from investing activities -94.59888M -108.37313M -59.94600M -54.13300M -62.96000M
Net borrowings -2.66600M 7.77M 14.74M 14.97M -37.54400M
Total cash from financing activities -27.27821M -9.89488M -7.18000M -25.20000M -67.28300M
Change to operating activities - - -4.05100M 1.24M 0.96M
Net income 45.57M 42.45M 18.29M -11.24900M 24.75M
Change in cash 6.81M 2.94M 1.26M -12.05000M 8.49M
Begin period cash flow 7.80M 5.51M 4.14M 17.30M 8.80M
End period cash flow 14.61M 8.45M 5.40M 5.25M 17.30M
Total cash from operating activities 127.35M 121.36M 68.33M 67.37M 139.25M
Issuance of capital stock - - - - -
Depreciation 74.93M 71.00M 59.58M 71.60M 72.79M
Other cashflows from investing activities -1.39466M -0.22255M 6.81M -0.91700M -6.72000M
Dividends paid -17.12909M -17.79492M 14.51M 21.59M 20.66M
Change to inventory 1.45M -3.29152M -15.48900M -4.22200M -1.14200M
Change to account receivables -7.93956M -19.69016M -20.71900M 3.45M 32.55M
Sale purchase of stock -5.78617M 0.00000M 0.00000M -13.70100M -2.07700M
Other cashflows from financing activities -19.31485M -14.01867M 53.44M 85.35M 120.56M
Change to netincome - - 23.06M -3.84800M 14.92M
Capital expenditures 93.30M 109.95M 66.76M 55.60M 62.59M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -5.48058M 9.51M -32.60500M 10.86M 26.79M
Stock based compensation 11.31M 18.16M 5.51M 3.17M 8.88M
Other non cash items 12.33M -7.90106M 12.96M -3.82900M -2.35100M
Free cash flow 34.06M 11.42M 1.57M 11.77M 76.66M

Peer Comparison

Sector: Industrials Industry: Engineering & Construction

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BDGI
Badger Infrastructure Solutions Ltd
0.10 0.16% 64.41 29.85 20.79 2.94 6.26 2.59 11.31
WSP
WSP Global Inc
0.82 0.36% 228.63 38.90 23.42 1.94 4.12 2.23 18.00
ATRL
AtkinsRealis Group Inc
-2.63 2.75% 92.95 7.00 25.38 1.62 3.15 1.62 5.09
STN
Stantec Inc
-1.15 0.93% 122.79 32.03 23.04 2.45 4.87 2.26 16.94
ARE
Aecon Group Inc.
1.17 2.87% 41.95 248.36 24.27 0.43 2.45 0.45 14.98

Reports Covered

Stock Research & News

Profile

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquify the soil cover. The company offers daylighting, potholing, and power distribution services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal. It also provides pipeline excavation services for pipeline crossing and tie-in, hydro probing, utility conflict, and oil and fuel spill applications; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications. In addition, the company offers anode installation, shoring installation, and tank cleanouts services; trenching services for slot trenching, expose existing cables or conduits, drain tile installation, and line fault repairs; and pole and piling holes services for utility, traffic signal, transmission pole holes, light standard and sign post holes, pole removals, end-bearing, pilot holes for friction, spread footing piles, and well monitor installations applications. It is also involved in air and mandrel testing, CCTV inspections, laser profiling, flushing & cleaning, mainline to lateral line inspections, reaming and concrete removal, sewer and main line locating, and smoke testing sewer services, as well as responding to disasters and locating solutions. The company was formerly known as Badger Daylighting Ltd. and changed its name to Badger Infrastructure Solutions Ltd. in May 2021. Badger Infrastructure Solutions Ltd. was founded in 1992 and is based in Calgary, Canada.

Badger Infrastructure Solutions Ltd

919-11th Avenue SW, Calgary, AB, Canada, T2R 1P3

Key Executives

Name Title Year Born
Mr. Robert G. Blackadar CEO, Pres & Director 1969
Ms. Elizabeth Peterson Sr. VP of Operations NA
Ms. Tracey Lynn Wallace VP of HR & Chief HR Officer NA
Mr. Darren Julian Yaworsky Exec. Officer 1971
Mr. Pramod Bhatia Interim CFO NA
Mr. Pradeep Atluri VP of Information Strategy & Technology NA
Trevor Carson C.F.A. VP of Investor Relations & Corp. Devel. NA
Mr. Logan Mellott Regional VP of West Region NA
Mr. Connor Hanson Corp. Controller NA
Mr. Wade Mark Wilson VP of Bus. Process Improvement NA

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