Magellan Aerospace market cap is C$564.6 m, and annual revenue was C$1.02 b in FY 2019

Magellan Aerospace Gross profit (Q1, 2020)36.8 M

Magellan Aerospace Gross profit margin (Q1, 2020), %15.4%

Magellan Aerospace Net income (Q1, 2020)20.1 M

Magellan Aerospace EBIT (Q1, 2020)27 M

Magellan Aerospace Cash, 31-Mar-202032.4 M

Magellan Aerospace EV649.7 M

Magellan Aerospace revenue was C$1.02 b in FY, 2019 which is a 5.1% year over year increase from the previous period.

Magellan Aerospace revenue breakdown by business segment: 14.6% from Services and 85.4% from Sale of Goods

Magellan Aerospace revenue breakdown by geographic segment: 32.1% from Europe, 31.8% from United States and 36.1% from Canada

CAD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 1.0b | 969.0m | 966.8m | 1.0b |

| 6% | (3%) | 0% | 5% |

## Cost of goods sold | 825.0m | 793.1m | 803.5m | 859.3m |

## Gross profit | 178.9m | 175.8m | 163.3m | 157.0m |

| 18% | 18% | 17% | 15% |

## General and administrative expense | 55.8m | 57.9m | 57.3m | 62.3m |

## Operating expense total | 55.8m | 57.9m | 57.3m | 67.3m |

## EBITDA | 174.3m | 181.5m | 57.3m | |

| 17% | 19% | 6% | |

## EBIT | 123.6m | 135.0m | 118.3m | 89.6m |

| 12% | 14% | 12% | 9% |

## Interest expense | 6.1m | 4.7m | 4.1m | 4.6m |

## Pre tax profit | 117.4m | 130.3m | 114.2m | 85.0m |

## Income tax expense | 28.8m | 19.0m | 25.1m | 17.6m |

## Net Income | 88.6m | 111.3m | 89.1m | 67.4m |

## EPS | 1.5 | 1.9 | 1.5 |

CAD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 247.2m | 253.5m | 232.6m | 244.6m | 241.2m | 226.5m | 269.9m | 264.1m | 235.6m | 238.8m |

## Cost of goods sold | 204.0m | 207.2m | 191.3m | 204.2m | 199.9m | 188.8m | 227.1m | 219.0m | 200.5m | 202.0m |

## Gross profit | 43.2m | 46.2m | 41.3m | 40.4m | 41.3m | 37.7m | 42.8m | 45.1m | 35.1m | 36.8m |

| 17% | 18% | 18% | 17% | 17% | 17% | 16% | 17% | 15% | 15% |

## General and administrative expense | 15.1m | 15.8m | 14.0m | 14.6m | 14.2m | 14.2m | 15.3m | 16.3m | 15.2m | 15.7m |

## Operating expense total | 15.1m | 15.8m | 14.6m | 16.9m | 14.2m | 14.2m | 15.9m | 16.3m | 16.0m | 15.7m |

## EBITDA | 62.3m | 40.4m | 37.6m | 34.1m | 41.8m | 35.5m | 40.5m | 42.7m | 34.1m | |

| 25% | 16% | 16% | 14% | 17% | 16% | 15% | 16% | 14% | |

## EBIT | 49.8m | 28.2m | 26.7m | 23.5m | 30.8m | 24.4m | 27.0m | 29.1m | 20.7m | 27.0m |

| 20% | 11% | 11% | 10% | 13% | 11% | 10% | 11% | 9% | 11% |

## Interest expense | 1.4m | 1.3m | 1.3m | 1.1m | 1.1m | 1.0m | 1.1m | 1.3m | 1.1m | 1.2m |

## Pre tax profit | 48.5m | 26.9m | 25.4m | 22.5m | 29.8m | 23.4m | 25.9m | 27.8m | 19.6m | 25.8m |

## Income tax expense | 9.1m | 6.6m | 6.0m | 5.0m | 6.3m | 4.8m | 5.5m | 6.0m | 3.8m | 5.8m |

## Net Income | 39.4m | 20.4m | 19.3m | 17.5m | 23.5m | 18.6m | 20.4m | 21.7m | 15.8m | 20.1m |

CAD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 7.6m | 40.4m | 63.3m | 69.6m |

## Accounts Receivable | 172.9m | 153.7m | 166.9m | 148.1m |

## Prepaid Expenses | 18.0m | 14.2m | 20.1m | 21.1m |

## Inventories | 209.0m | 197.9m | 175.1m | 196.8m |

## Current Assets | 447.3m | 445.5m | 512.8m | 543.4m |

## PP&E | 389.8m | 401.9m | 428.9m | 439.1m |

## Goodwill | 33.8m | 33.4m | 35.1m | 34.1m |

## Total Assets | 992.9m | 983.9m | 1.1b | 1.1b |

## Accounts Payable | 90.4m | 84.7m | 86.8m | 85.6m |

## Short-term debt | 50.8m | 51.8m | 44.4m | 48.1m |

## Current Liabilities | 229.4m | 213.4m | 198.8m | 200.1m |

## Long-term debt | 101.5m | 35.1m | 33.6m | 70.8m |

## Non-Current Liabilities | 156.2m | 76.3m | 86.4m | 125.2m |

## Total Debt | 152.3m | 86.9m | 78.0m | 118.9m |

## Total Liabilities | 385.6m | 289.7m | 285.2m | 325.3m |

## Common Stock | 254.4m | 254.4m | 254.4m | 254.4m |

## Additional Paid-in Capital | 15.6m | 15.6m | 15.6m | 15.6m |

## Retained Earnings | 310.7m | 406.0m | 473.2m | 516.9m |

## Total Equity | 607.3m | 694.2m | 787.7m | 815.9m |

## Debt to Equity Ratio | 0.3 x | 0.1 x | 0.1 x | 0.1 x |

## Debt to Assets Ratio | 0.2 x | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 1.6 x | 1.4 x | 1.4 x | 1.4 x |

CAD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 88.6m | 111.3m | 89.1m | 67.4m |

## Depreciation and Amortization | 50.7m | 46.5m | 43.8m | 55.6m |

## Accounts Receivable | (13.5m) | 6.8m | (13.2m) | 12.2m |

## Inventories | (7.5m) | 8.0m | 1.9m | (21.1m) |

## Accounts Payable | 30.4m | (17.3m) | (6.0m) | (4.0m) |

## Cash From Operating Activities | 155.0m | 129.9m | 100.0m | 104.2m |

## Purchases of PP&E | (45.4m) | (64.2m) | (48.3m) | (51.8m) |

## Cash From Investing Activities | (46.6m) | (20.7m) | (47.3m) | (62.3m) |

## Short-term Borrowings | (3.7m) | (8.0m) | 3.9m | (1.7m) |

## Long-term Borrowings | (88.0m) | (52.1m) | (14.1m) | (8.9m) |

## Dividends Paid | (13.8m) | (16.3m) | (20.7m) | (23.6m) |

## Cash From Financing Activities | (105.7m) | (76.4m) | (31.8m) | (34.2m) |

## Net Change in Cash | 2.7m | 32.8m | 20.8m | 7.7m |

## Interest Paid | 5.2m | 3.9m | 3.1m | 1.9m |

## Income Taxes Paid | 7.0m | 11.9m | 7.7m | 6.9m |

CAD | FY, 2016 |
---|---|

## Revenue/Employee | 257.4k |

## Debt/Equity | 0.3 x |

## Debt/Assets | 0.2 x |

## Financial Leverage | 1.6 x |

FY, 2016 | FY, 2017 | FY, 2018 | Feb, 2019 | |
---|---|---|---|---|

## Manufacturing Facilities | 16 | 17 | 17 | |

## Manufacturing Facilities (Asia) | 1 | |||

## Manufacturing Facilities (Blackpool, United Kingdom), square meters | 5.68 k | 5.68 k | 5.68 k | |

## Manufacturing Facilities (Bournemouth, United Kingdom), square meters | 8.37 k | 8.37 k | 8.37 k | |

## Manufacturing Facilities (Canada) | 4 | 4 | 4 | |

## Manufacturing Facilities (Devanahalli, Bengaluru, India), square meters | 6.70 k | |||

## Manufacturing Facilities (Europe) | 6 | 6 | 6 | |

## Manufacturing Facilities (Glendale, Arizona), square meters | 23.69 k | 23.69 k | 23.69 k | |

## Manufacturing Facilities (Greyabbey, United Kingdom), square meters | 5.50 k | 5.50 k | 5.50 k | |

## Manufacturing Facilities (Haley, Ontario), square meters | 27.30 k | 27.30 k | 27.30 k | |

## Manufacturing Facilities (Haverhill, Massachusetts), square meters | 10.40 k | 10.40 k | 10.40 k | |

## Manufacturing Facilities (Kitchener, Ontario), square meters | 7.50 k | 7.50 k | 7.50 k | |

## Manufacturing Facilities (Lancashire, United Kingdom), square meters | 7.31 k | 7.31 k | 7.31 k | |

## Manufacturing Facilities (Long Island, New York), square meters | 7.44 k | 7.44 k | 7.44 k | |

## Manufacturing Facilities (Middletown, Ohio), square meters | 17.70 k | 17.70 k | 17.70 k | |

## Manufacturing Facilities (Mielec, Poland), square meters | 8.70 k | 8.70 k | 8.70 k | |

## Manufacturing Facilities (Mississauga, Ontario), square meters | 69.70 k | 69.70 k | 69.70 k | |

## Manufacturing Facilities (Queens, New York), square meters | 8.20 k | 8.20 k | 8.20 k | |

## Manufacturing Facilities (Suffolk County, New York), square meters | 13.20 k | 13.20 k | 13.20 k | |

## Manufacturing Facilities (United States) | 6 | 6 | 6 | |

## Manufacturing Facilities (Winnipeg, Manitoba), square meters | 92.90 k | 92.90 k | 92.90 k | |

## Manufacturing Facilities (Wrexham, United Kingdom), square meters | 14.49 k | 23.78 k | 23.78 k |