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MDA Ltd. reported fourth-quarter 2021 gross profit of $45.4 million, up 59% compared to the same period in 2020.
MDA Ltd. reported full-year 2021 operating cash flow of $72.1 million, up from $70,400,000 in 2020.
MDA Ltd. reported fourth-quarter 2021 EBITDA of $22.9 million, compared to $11,600,000 in 2020-10-01.
MDA Ltd. reported fourth-quarter 2021 operating cash flow of $34.5 million, up from $15,900,000 in 2020-10-01.
MDA Ltd. recorded a contract award from Globalstar in early 2022 for a LEO satellite constellation valued at approximately $415,000,000.
MDA Ltd. reported fourth-quarter 2021 revenues of $115.5 million, up 15% compared to the prior year quarter.
MDA Ltd. reported full-year 2021 adjusted EBITDA of $137.1 million, representing a 29% adjusted EBITDA margin for 2021.
MDA Ltd. reported fourth-quarter 2021 adjusted EBITDA of $26.8 million, representing a 23% adjusted EBITDA margin for the quarter.
MDA Ltd. reported full-year 2021 EBITDA of $123.3 million, compared to $65,700,000 in 2020.
MDA Ltd. reported a backlog of $864,300,000 at the end of the fourth quarter of 2021, up 54% year over year.
MDA Ltd. expects 2022 revenues to be in the range of $750,000,000 to $800 million, representing approximately 55%–65% year-over-year growth.
Excluding CEWS, MDA Ltd.'s adjusted EBITDA margin increased to 24% in 2021 from 21% in 2020.
MDA Ltd. recorded a Canadarm3 phase B contract in early 2022 valued at $269,000,000.
MDA Ltd. expects 2022 adjusted EBITDA to be in the range of $140,000,000 to $160,000,000.
MDA Ltd. reported full-year 2021 revenues of $476.9 million, up 16% compared to 2020.
MDA Ltd. reported fourth-quarter 2021 gross margin of 39%, compared to 29% in 2020-10-01.
MDA Ltd. reported full-year 2021 gross margin of 35%, compared to 29% in 2020.
MDA Ltd. expects capital expenditures in 2022 to be $180,000,000 to $220,000,000 primarily to support CHORUS and growth initiatives across its three business areas.
Excluding the impact of CEWS, MDA Ltd.'s 2021 adjusted EBITDA was $112,300,000 compared to $85,200,000 in 2020.
MDA Ltd. reported full-year 2021 order bookings of $767.9 million, representing a 50% increase over 2020.