Broadwind Energy

Broadwind Energy provides technologically advanced products and services to energy, mining and infrastructure sector customers, primarily in the United States. The Company’s product and service portfolio provides its wind energy customers, including wind turbine manufacturers, wind farm developers and wind farm operators, with access to a broad array of component and service offerings. Its segments include towers and weldments segment, gearing segment and services segment. The towers and weldments segment specializes in the production of wind turbine towers. Broadwind Energy engineers, builds and remanufactures precision gears and gearing systems for wind, oil and gas, mining and other industrial applications. Also the Company offers a range of services primarily to wind farm developers and operators.

Company Growth (employees)
Type
Public
HQ
Cicero, US
Founded
2007
Size (employees)
600 (est)
Website
bwen.com
Broadwind Energy was founded in 2007 and is headquartered in Cicero, US

Key People/Management at Broadwind Energy

Stephanie Kushner

Stephanie Kushner

President and CEO
Eric Blashford

Eric Blashford

President
Daniel Schueller

Daniel Schueller

President
Kim Sutton

Kim Sutton

President

Broadwind Energy Office Locations

Broadwind Energy has an office in Cicero
Cicero, US (HQ)
3240 S Central Ave

Broadwind Energy Financials and Metrics

Broadwind Energy Financials

Broadwind Energy's revenue was reported to be $180.8 m in FY, 2016
USD

Revenue (Q3, 2017)

29.6 m

Gross profit (Q3, 2017)

1 m

Gross profit margin (Q3, 2017), %

3%

Net income (Q3, 2017)

(2.2 m)

EBIT (Q3, 2017)

(1.8 m)

Market capitalization (11-Dec-2017)

78.5 m

Cash (30-Sep-2017)

41 k
Broadwind Energy's current market capitalization is $78.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

215.7 m241.3 m199.2 m180.8 m

Revenue growth, %

12%(17%)(9%)

Cost of goods sold

198.4 m222.5 m191.3 m162.7 m

Gross profit

17.3 m18.8 m7.9 m18.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

62.4 m58.8 m68.4 m60.3 m51.1 m65.2 m49.8 m46.8 m43.4 m42.6 m56.1 m43.4 m29.6 m

Cost of goods sold

56.8 m53.4 m59.2 m56.3 m50.3 m58 m47 m42.8 m39.2 m37.2 m49.7 m39.5 m28.6 m

Gross profit

5.7 m5.4 m9.2 m4 m739 k7.2 m2.8 m4 m4.1 m5.3 m6.4 m3.9 m1 m

Gross profit Margin, %

9%9%13%7%1%11%6%8%10%13%11%9%3%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

24.9 m12.1 m6.4 m18.7 m

Accounts Receivable

18.7 m20 m9.8 m11.9 m

Inventories

2.3 m1.8 m1.5 m21.2 m

Current Assets

86.3 m77.7 m52.6 m58.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

22.8 m9.6 m10.8 m17 m150 k509 k4.7 m9.7 m7.5 m8.1 m216 k182 k41 k

Inventories

32.6 m39.1 m36.3 m32.8 m45.9 m43.2 m34.1 m18.9 m21 m26.2 m25.8 m21.3 m15.4 m

Current Assets

83.3 m77.7 m76.7 m88.4 m70.2 m67.7 m64.4 m51 m52 m68.9 m52.4 m45.1 m27.2 m

PP&E

72.8 m67.8 m66.3 m64.3 m61.4 m58.7 m53.6 m51.5 m51.3 m51.8 m56 m57.4 m56.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.5 m)(6.2 m)(21.8 m)319 k

Depreciation and Amortization

14.9 m6.9 m

Accounts Receivable

1.8 m20 m9.8 m(2.1 m)

Inventories

(15 m)1.8 m1.5 m3.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(2.5 m)(1 m)1.9 m(1.8 m)(5 m)1.6 m(7.6 m)(377 k)(474 k)872 k6.3 m

Depreciation and Amortization

2.4 m

Accounts Receivable

(129 k)

Inventories

(5.3 m)
USDY, 2017

Revenue/Employee

49.3 k

Financial Leverage

1.4 x
Show all financial metrics

Broadwind Energy Market Value History

Broadwind Energy's Web-traffic and Trends

Broadwind Energy Online and Social Media Presence

Broadwind Energy News and Updates

Wind Turbine Tower 2017 Global Market Key Players – Valmont SM, Broadwind Energy, Marmen – Analysis and Forecast to 2022

The report provides in depth study of “Wind Turbine Tower” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization Posted via Industry Today. Follow us on Twitter @IndustryToday

Broadwind Energy Company Life and Culture

You may also be interested in