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MDA Ltd (TSE:MDA)
TSX:MDA
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
0.15Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 07, 2025
|% Change Since: 24.53%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlights MDA Space's strong financial performance in 2024, with significant revenue growth and new contract wins. The company has a positive outlook for 2025, projecting substantial revenue growth and maintaining a strong backlog. Although there are concerns about potential tariff impacts and a slight decline in the Geointelligence segment, these are not expected to significantly affect the company's positive trajectory.Company Guidance
In the recent MDA Space earnings call, the company provided guidance for 2025, expecting strong growth across several financial metrics. MDA Space anticipates revenues to rise to between $1.5 billion and $1.65 billion, marking a year-over-year increase of approximately 45% at the midpoint. Adjusted EBITDA is projected to be in the range of $290 million to $320 million, reflecting a growth of around 40% and maintaining an adjusted EBITDA margin of 19% to 20%. Capital expenditures are expected to be between $210 million and $240 million, while free cash flow is forecasted to be neutral to positive for the year. This outlook is driven by the continued ramp-up of major programs such as the Telesat Lightspeed, Globalstar, and Canadarm3, alongside the company's strategic investments and strong backlog.Significant Revenue Growth in 2024
MDA Space reported a 34% year-over-year increase in revenues, reaching $1.1 billion, exceeding guidance. Adjusted EBITDA also grew by 25% to $217 million.
Strong Fourth Quarter Performance
Q4 revenues reached $347 million, marking a 69% increase year-over-year. Adjusted EBITDA for the quarter was $71 million, up 68% from the previous year.
Future Growth Projections
MDA Space expects 2025 revenues to be between $1.5 billion and $1.65 billion, a projected year-over-year growth of approximately 45% at the midpoint.
New Contract Wins
Secured $2.4 billion in new awards in 2024, including the $1.1 billion Globalstar contract for its next-generation LEO constellation.
Positive Cash Flow and Financial Position
Generated $816 million in operating cash flow and $615 million in free cash flow for 2024. Ended the year in a net cash positive position with $167 million.
Backlog Growth
MDA Space's backlog grew to $4.4 billion by the end of 2024, providing good revenue visibility for 2025 and beyond.
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TSE:MDA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:MDA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 07, 2025 | C$22.79 | C$26.83 | +17.73% |
| Nov 15, 2024 | C$25.85 | C$24.97 | -3.40% |
| Aug 08, 2024 | C$12.07 | C$13.57 | +12.43% |
| May 09, 2024 | C$14.89 | C$13.89 | -6.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does MDA Ltd (TSE:MDA) report earnings?
MDA Ltd (TSE:MDA) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is MDA Ltd (TSE:MDA) earnings time?
MDA Ltd (TSE:MDA) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:MDA EPS forecast?
TSE:MDA EPS forecast for the fiscal quarter 2025 (Q1) is 0.25.
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