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 |
EBITDA | 230.00M | 154.00M | 150.80M | 124.00M | 43.60M |
Net Income | 79.40M | 48.80M | 26.30M | 2.90M | -17.30M |
Balance Sheet | |||||
Total Assets | 2.60B | 2.16B | 1.75B | 1.53B | 1.46B |
Cash, Cash Equivalents and Short-Term Investments | 166.70M | 22.50M | 39.30M | 83.60M | 78.60M |
Total Debt | 136.80M | 525.00M | 251.90M | 160.40M | 580.20M |
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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
74 Outperform | C$5.09B | 50.83 | 8.54% | ― | 49.98% | 108.76% | |
65 Neutral | $11.08B | 15.70 | 5.19% | 2.15% | 3.13% | -24.94% | |
― | $9.24B | 31.78 | 8.87% | ― | ― | ― | |
― | $11.76B | 42.32 | ― | ― | ― | ||
77 Outperform | C$285.56M | 19.95 | 18.05% | ― | 17.52% | 54.86% | |
73 Outperform | C$1.02B | 25.51 | 5.12% | 0.70% | 8.59% | 242.80% | |
68 Neutral | C$16.00B | 41.37 | -23.10% | ― | 16.31% | 4.12% |
MDA Space has appointed Rabindra (Rob) Singh as Vice President of Strategic Solutions, a new role aimed at driving strategic customer solutions and growth opportunities. With over 30 years of experience in the space industry, Singh’s appointment is expected to enhance MDA’s ability to meet customer demand and expand its presence in the global space economy.
The most recent analyst rating on (TSE:MDA) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on MDA Ltd stock, see the TSE:MDA Stock Forecast page.
MDA Space announced it will release its second quarter 2025 financial results on August 7, 2025, before the market opens. The company will hold a conference call and webcast to discuss these results, providing stakeholders with insights into its financial performance and strategic direction. The webcast will be available on the MDA Space Investor Relations website for a year, allowing stakeholders to access the information at their convenience.
The most recent analyst rating on (TSE:MDA) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on MDA Ltd stock, see the TSE:MDA Stock Forecast page.
MDA Space Ltd. announced its leadership role in the SkyPhi mission, funded by the European Space Agency and the UK Space Agency, to develop regenerative 5G direct-to-device satellite communications from low Earth orbit. This initiative, part of the ARTES program, highlights the UK’s leadership in satellite innovation and involves collaboration with UK-based partners CGI and Open Cosmos. The project aims to enhance the UK’s competitive edge in the space sector by advancing satellite-enabled 5G services and strengthening the industrial base of the UK space industry.
The most recent analyst rating on (TSE:MDA) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on MDA Ltd stock, see the TSE:MDA Stock Forecast page.
MDA Space Ltd. has completed its acquisition of SatixFy Communications Ltd., a company specializing in next-generation satellite communication solutions. This acquisition enhances MDA Space’s satellite systems strategy and strengthens its competitive edge as the demand for digital satellite solutions grows. The integration of SatixFy’s operations and technology into MDA’s Satellite Systems business is expected to bolster the company’s offerings in the rapidly expanding global space market.
The most recent analyst rating on (TSE:MDA) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on MDA Ltd stock, see the TSE:MDA Stock Forecast page.
MDA Space Ltd. has announced an extension of its contract with Fisheries and Oceans Canada to provide satellite surveillance data and analytics for maritime security. This extension supports Canada’s leadership in maritime safety and aligns with international commitments to combat illegal fishing. The contract includes future use of MDA’s upcoming Earth observation constellation, CHORUS, enhancing Canada’s capabilities in monitoring and intercepting illegal maritime activities, thereby strengthening its Indo-Pacific Strategy.
The most recent analyst rating on (TSE:MDA) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on MDA Ltd stock, see the TSE:MDA Stock Forecast page.
MDA Space Ltd has secured a $60 million contract for the next phase of the River-class Destroyer program, focusing on the delivery and integration of sensor systems for the first three ships. These systems are designed to enhance situational awareness and protect against laser and optical guided threats, supporting the Royal Canadian Navy’s missions. The project is part of Canada’s National Shipbuilding Strategy, with Irving Shipbuilding Inc. constructing the ships and Lockheed Martin Canada leading the combat management system design.
The most recent analyst rating on (TSE:MDA) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on MDA Ltd stock, see the TSE:MDA Stock Forecast page.
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.