Magellan Aerospace market cap is C$592.9 m, and annual revenue was C$744.41 m in FY 2020

Magellan Aerospace Gross profit (Q2, 2021)13.6 M

Magellan Aerospace Gross profit margin (Q2, 2021), %8.1%

Magellan Aerospace Net income (Q2, 2021)1.1 M

Magellan Aerospace EBIT (Q2, 2021)2.3 M

Magellan Aerospace Cash, 30-Jun-202146.3 M

Magellan Aerospace EV621 M

Magellan Aerospace revenue was C$744.41 m in FY, 2020 which is a 26.7% year over year decrease from the previous period.

Magellan Aerospace revenue breakdown by business segment: 81.4% from Sale of Goods and 18.6% from Services

Magellan Aerospace revenue breakdown by geographic segment: 45.5% from Canada, 27.2% from United States and 27.3% from Europe

CAD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 966.8m | 1.0b | 744.4m |

| 5% | (27%) | |

## Cost of goods sold | 803.5m | 859.3m | 647.9m |

## Gross profit | 163.3m | 157.0m | 96.5m |

| 17% | 15% | 13% |

## General and administrative expense | 57.3m | 62.3m | 52.1m |

## Operating expense total | 45.0m | 67.3m | 77.7m |

## EBIT | 118.3m | 89.6m | 18.8m |

| 12% | 9% | 3% |

## Interest expense | 4.1m | 4.6m | 4.4m |

## Pre tax profit | 114.2m | 85.0m | 14.4m |

## Income tax expense | 25.1m | 17.6m | 11.1m |

## Net Income | 89.1m | 67.4m | 3.3m |

## EPS | 1.5 | 1.2 | 0.1 |

CAD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
---|---|---|---|---|---|---|---|---|

## Revenue | 269.9m | 264.1m | 235.6m | 238.8m | 162.2m | 163.4m | 176.3m | 167.6m |

## Cost of goods sold | 227.1m | 219.0m | 200.5m | 202.0m | 136.8m | 140.6m | 159.2m | 154.0m |

## Gross profit | 42.8m | 45.1m | 35.1m | 36.8m | 25.3m | 22.7m | 17.1m | 13.6m |

| 16% | 17% | 15% | 15% | 16% | 14% | 10% | 8% |

## General and administrative expense | 15.3m | 16.3m | 15.2m | 15.7m | 12.6m | 11.4m | 11.6m | 10.5m |

## Operating expense total | 15.9m | 16.0m | 14.4m | 9.7m | 14.3m | 19.5m | 11.0m | 11.3m |

## EBIT | 27.0m | 29.1m | 20.7m | 27.0m | 11.1m | 3.3m | 6.1m | 2.3m |

| 10% | 11% | 9% | 11% | 7% | 2% | 3% | 1% |

## Interest expense | 1.1m | 1.3m | 1.1m | 1.2m | 1.1m | 1.1m | 901.0k | 732.0k |

## Pre tax profit | 25.9m | 27.8m | 19.6m | 25.8m | 10.0m | 2.2m | 5.2m | 1.6m |

## Income tax expense | 5.5m | 6.0m | 3.8m | 5.8m | 3.9m | 2.2m | 2.0m | 526.0k |

## Net Income | 20.4m | 21.7m | 15.8m | 20.1m | 6.1m | 11.0k | 3.3m | 1.1m |

## EPS | 0.4 | 0.4 | 0.3 | 0.3 | 0.1 | 0.1 | 0.0 |

CAD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 63.3m | 69.6m | 113.9m |

## Accounts Receivable | 166.9m | 148.1m | 101.4m |

## Prepaid Expenses | 20.1m | 21.1m | 12.9m |

## Inventories | 175.1m | 196.8m | 213.1m |

## Current Assets | 512.8m | 543.4m | 524.8m |

## PP&E | 428.9m | 439.1m | 420.3m |

## Goodwill | 35.1m | 34.1m | 22.0m |

## Total Assets | 1.1b | 1.1b | 1.1b |

## Accounts Payable | 86.8m | 85.6m | 45.2m |

## Short-term debt | 44.4m | 48.1m | 50.1m |

## Current Liabilities | 198.8m | 200.1m | 164.8m |

## Long-term debt | 33.6m | 70.8m | 65.1m |

## Non-Current Liabilities | 86.4m | 125.2m | 121.9m |

## Total Debt | 78.0m | 118.9m | 115.2m |

## Total Liabilities | 285.2m | 325.3m | 286.7m |

## Common Stock | 254.4m | 254.4m | 252.3m |

## Retained Earnings | 473.2m | 516.9m | 492.7m |

## Total Equity | 787.7m | 815.9m | 815.9m |

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

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

## Financial Leverage | 1.4 x | 1.4 x | 1.3 x |

CAD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 89.1m | 67.4m | 3.3m |

## Depreciation and Amortization | 43.8m | 55.6m | 57.1m |

## Accounts Receivable | (13.2m) | 12.2m | 64.4m |

## Inventories | 1.9m | (21.1m) | (16.8m) |

## Accounts Payable | (6.0m) | (4.0m) | (41.5m) |

## Cash From Operating Activities | 100.0m | 104.2m | 106.0m |

## Purchases of PP&E | (48.3m) | (51.8m) | (24.6m) |

## Cash From Investing Activities | (47.3m) | (62.3m) | (25.8m) |

## Short-term Borrowings | 3.9m | (1.7m) | 285.0k |

## Long-term Borrowings | (14.1m) | (8.9m) | (7.7m) |

## Dividends Paid | (20.7m) | (23.6m) | (24.4m) |

## Cash From Financing Activities | (31.8m) | (34.2m) | (35.7m) |

## Net Change in Cash | 20.8m | 7.7m | 44.4m |

## Interest Paid | 3.1m | 1.9m | 1.1m |

## Income Taxes Paid | 7.7m | 6.9m | 2.2m |

CAD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
---|---|---|---|---|---|---|---|---|

## Net Income | 20.4m | 42.1m | 58.0m | 20.1m | 26.2m | 26.2m | 3.3m | 4.3m |

## Depreciation and Amortization | 13.5m | 27.2m | 40.6m | 14.5m | 28.2m | 41.2m | 13.0m | 25.6m |

## Accounts Receivable | (22.7m) | 9.0m | 770.0k | (29.9m) | 25.7m | 44.0m | (24.7m) | (37.4m) |

## Inventories | (2.1m) | (6.0m) | (17.3m) | (13.5m) | (29.8m) | (26.5m) | (2.2m) | 417.0k |

## Accounts Payable | 12.4m | (7.9m) | 4.5m | (2.8m) | (27.3m) | (24.4m) | 2.2m | 7.5m |

## Cash From Operating Activities | 8.1m | 33.8m | 61.3m | (19.0m) | 27.7m | 73.0m | (20.9m) | (8.0m) |

## Purchases of PP&E | (9.5m) | (18.3m) | (34.7m) | (4.2m) | (6.7m) | (13.0m) | (2.7m) | (5.0m) |

## Cash From Investing Activities | (18.0m) | (29.9m) | (43.0m) | (7.2m) | (13.8m) | (15.6m) | (3.6m) | (6.1m) |

## Short-term Borrowings | (6.9m) | (8.5m) | (7.9m) | (3.0m) | (3.9m) | (9.2m) | (8.9m) | (35.5m) |

## Long-term Borrowings | (1.6m) | (2.4m) | (4.8m) | (2.3m) | (4.7m) | (4.1m) | (3.2m) | (5.5m) |

## Dividends Paid | (5.8m) | (11.6m) | (17.5m) | (6.1m) | (6.1m) | (6.1m) | (6.1m) | (12.1m) |

## Cash From Financing Activities | (14.3m) | (24.4m) | (31.3m) | (11.7m) | (22.1m) | (36.0m) | (18.4m) | (53.3m) |

## Net Change in Cash | (24.2m) | (20.5m) | (13.0m) | (37.9m) | (8.2m) | 21.5m | (42.8m) | (67.4m) |

USD | FY, 2018 |
---|---|

## Revenue/Employee | 254.4k |

## Debt/Equity | 0.1 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 1.4 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 | 6.7 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 | 5.5 k | 5.5 k | 5.5 k | |

## Manufacturing Facilities (Haley, Ontario), square meters | 27.3 k | 27.3 k | 27.3 k | |

## Manufacturing Facilities (Haverhill, Massachusetts), square meters | 10.4 k | 10.4 k | 10.4 k | |

## Manufacturing Facilities (Kitchener, Ontario), square meters | 7.5 k | 7.5 k | 7.5 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 | 17.7 k | 17.7 k | 17.7 k | |

## Manufacturing Facilities (Mielec, Poland), square meters | 8.7 k | 8.7 k | 8.7 k | |

## Manufacturing Facilities (Mississauga, Ontario), square meters | 69.7 k | 69.7 k | 69.7 k | |

## Manufacturing Facilities (Queens, New York), square meters | 8.2 k | 8.2 k | 8.2 k | |

## Manufacturing Facilities (Suffolk County, New York), square meters | 13.2 k | 13.2 k | 13.2 k | |

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

## Manufacturing Facilities (Winnipeg, Manitoba), square meters | 92.9 k | 92.9 k | 92.9 k | |

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