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MDA Ltd
(TSX:MDA)
MDA Ltd (MDA) vs. iShares MSCI Canada ETF (EWC)
MDA Ltd Business Overview & Revenue Model
MDA Ltd Earnings Call Summary
MDA Ltd Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 1.08B | 807.60M | 641.20M | 476.90M | 295.60M | Gross Profit |
| 281.70M | 244.00M | 228.40M | 167.80M | 33.80M | EBIT |
| 106.80M | 77.50M | 74.60M | 44.20M | -40.40M | EBITDA |
| 230.00M | 154.00M | 150.80M | 124.00M | 43.60M | Net Income Common Stockholders |
| 79.40M | 48.80M | 26.30M | 2.90M | -17.30M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 166.70M | 22.50M | 39.30M | 83.60M | 78.60M | Total Assets |
| 2.60B | 2.16B | 1.75B | 1.53B | 1.46B | Total Debt |
| 136.80M | 525.00M | 251.90M | 160.40M | 580.20M | Net Debt |
| -29.90M | 502.50M | 212.60M | 76.80M | 501.60M | Total Liabilities |
| 1.42B | 1.10B | 750.20M | 572.90M | 997.80M | Stockholders Equity |
| 1.18B | 1.06B | 1.00B | 961.70M | 457.40M |
| Cash Flow | Free Cash Flow | |||
| 614.80M | -179.70M | -123.10M | -22.50M | 43.10M | Operating Cash Flow |
| 815.60M | 13.50M | 57.00M | 72.10M | 56.40M | Investing Cash Flow |
| -229.90M | -217.60M | -180.10M | -98.80M | -1.01B | Financing Cash Flow |
| -436.10M | 187.40M | 78.80M | 30.60M | 1.03B |
MDA Ltd Technical Analysis
MDA Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$3.61B | 36.18 | 8.54% | ― | 49.98% | 108.76% | |
78 Outperform | C$1.02B | 25.57 | 5.12% | 0.57% | 8.59% | 242.80% | |
75 Outperform | C$288.24M | 21.36 | 17.82% | ― | 15.25% | 48.96% | |
73 Outperform | $10.20B | 27.03 | -18.58% | ― | 16.31% | 4.12% | |
69 Neutral | C$10.20B | 27.03 | -23.10% | ― | 16.31% | 4.12% | |
67 Neutral | $11.88B | 29.22 | 8.87% | ― | 1.44% | -183.14% | |
66 Neutral | $4.49B | 12.34 | 5.40% | 248.65% | 4.13% | -12.33% |
MDA Ltd Corporate Events
MDA Space Ltd. and SatixFy Communications Ltd. have amended their merger agreement, increasing the all-cash transaction offer to US$3.00 per ordinary share, valuing SatixFy at approximately US$280 million. This decision followed a competitive ‘go-shop’ process where SatixFy received a higher offer from a third party, leading to negotiations with MDA. The increased offer was deemed the best value for shareholders, with 57% of SatixFy shareholders already committed to supporting the revised merger agreement. The shareholder meeting to approve the merger has been postponed to allow for proper disclosure.
The most recent analyst rating on (TSE:MDA) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on MDA Ltd stock, see the TSE:MDA Stock Forecast page.
MDA Space announced the results of its 2025 Annual General Meeting, where 69.22% of common shares were represented. The meeting saw the election of nine directors, the appointment of KPMG LLP as the independent auditor, and approval of the company’s executive compensation approach. These decisions reflect MDA Space’s commitment to maintaining robust governance and operational transparency, potentially strengthening its position in the space industry.
MDA Space Ltd. reported strong financial results for the first quarter of 2025, with a significant increase in revenue and backlog, driven by new contracts such as the Globalstar LEO constellation. The company achieved a 68% year-over-year revenue growth, reaching $351 million, and a 103% increase in adjusted net income. MDA Space’s strategic acquisition of SatixFy Communications is expected to enhance its satellite systems offerings, positioning the company well to capitalize on growing demand in the space industry. The reaffirmation of its 2025 financial outlook underscores its confidence in continued growth and market expansion.
MDA Space Ltd. reported a robust first quarter for 2025, with significant financial growth highlighted by a 46% increase in backlog and a 68% rise in revenues compared to the previous year. The company achieved an adjusted EBITDA of $68.6 million, marking a 63% year-over-year increase, and maintained a strong net cash position. Notably, MDA secured a major contract with Globalstar for its next-generation LEO constellation and announced the acquisition of SatixFy Communications, enhancing its satellite systems offerings. The company reaffirmed its positive financial outlook for 2025, anticipating continued growth driven by strategic initiatives and strong market demand.
MDA Space has announced it will release its first quarter 2025 financial results on May 8, 2025, followed by a conference call and webcast to discuss the results. Additionally, the company will conduct its Annual Meeting of Shareholders virtually on the same day, allowing shareholders to participate online. These events underscore MDA Space’s commitment to transparency and engagement with its stakeholders, potentially impacting its market position and investor relations.
MDA Space Ltd. has announced the acquisition of SatixFy Communications Ltd. in a deal valued at approximately US$193 million. This acquisition is expected to enhance MDA Space’s satellite systems offerings by integrating SatixFy’s advanced technology portfolio, which includes over 60 patents and a specialized technical team. The move aims to strengthen MDA Space’s position in the rapidly growing digital satellite communications market, driven by increasing demand for satellite-based broadband and IoT connectivity. The acquisition will also allow MDA Space to retire SatixFy’s existing debt, further solidifying its market position.