Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
314.36M | 331.80M | 305.70M | 312.41M | 252.50M | 305.34M | Gross Profit |
51.29M | 48.94M | 36.20M | 48.15M | 39.54M | 68.25M | EBIT |
-30.79M | -45.88M | -43.83M | 2.94M | -1.76M | 8.39M | EBITDA |
-22.65M | -33.24M | -28.81M | -18.18M | -11.78M | -6.08M | Net Income Common Stockholders |
-25.64M | -49.72M | -32.70M | 13.66M | -7.36M | 188.00K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
103.84M | 54.75M | 86.18M | 124.89M | 64.26M | 43.73M | Total Assets |
153.15M | 355.75M | 407.45M | 471.31M | 346.26M | 279.93M | Total Debt |
16.22M | 82.83M | 76.42M | 97.92M | 113.36M | 66.40M | Net Debt |
-54.01M | 28.08M | -9.76M | -26.97M | 49.10M | 22.67M | Total Liabilities |
69.87M | 195.30M | 203.49M | 234.89M | 242.20M | 190.57M | Stockholders Equity |
83.28M | 160.45M | 203.97M | 236.42M | 104.06M | 89.36M |
Cash Flow | Free Cash Flow | ||||
-29.99M | -28.77M | -46.11M | -57.95M | -42.27M | -24.55M | Operating Cash Flow |
-13.94M | -13.19M | -31.58M | -43.79M | -35.15M | -15.69M | Investing Cash Flow |
4.97M | -15.41M | 17.65M | 2.29M | 13.84M | 16.18M | Financing Cash Flow |
-1.02M | -2.22M | -22.46M | 104.73M | 39.69M | -14.76M |
Westport Fuel Systems held its Annual General and Special Meeting of Shareholders virtually, where all proposed resolutions were approved. Key decisions included the election of directors, appointment of KPMG LLP as auditors, an advisory vote on executive compensation, and the sale of Westport Fuel Systems Italia S.r.l. These approvals signify a strategic shift and operational realignment for Westport, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (TSE:WPRT) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on Westport Fuel Systems stock, see the TSE:WPRT Stock Forecast page.
Westport Fuel Systems has entered into lock-up agreements with shareholders, executives, and board members to support the sale of its Light-Duty segment to Heliaca Investments. This transaction, valued at $73.1 million with potential earnouts, aims to improve Westport’s financial stability and focus on growth initiatives in hard-to-decarbonize mobility and industrial applications. The sale is expected to close in late Q2 2025, subject to shareholder approval and customary conditions, allowing Westport to streamline its operations and enhance efficiency.
Westport Fuel Systems has announced the release of its Q1 2025 financial results on May 13, 2025, followed by a conference call and webcast on May 14, 2025, to discuss the results and other corporate developments. Additionally, the company will hold its 2025 Annual General and Special Meeting virtually on May 15, 2025, encouraging shareholders to vote in advance to streamline the process. These events reflect Westport’s ongoing commitment to transparency and engagement with its stakeholders.