Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 90 Aviation Lane BELGRADE MT 59714 |
Tel: | 1-201-2202678 |
Website: | https://bridgeraerospace.com |
IR: | See website |
Key People | ||
Timothy P. Sheehy Chief Executive Officer, Co-Founder, Director | Timothy P. Sheehy Chief Executive Officer, Co-Founder, Director | Eric Gerratt Chief Financial Officer |
Eric Gerratt Chief Financial Officer | Darren Wilkins President - Operations | Darren Wilkins President - Operations |
James Muchmore Chief Legal Officer, Executive Vice President | James Muchmore Chief Legal Officer, Executive Vice President | Mcandrew Rudisill Chief Investment Officer, Director | Mcandrew Rudisill Chief Investment Officer, Director |
Business Overview |
Bridger Aerospace Group Holdings, Inc. is an aerial firefighting company. The Company provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. It provides aerial wildfire surveillance, relief and suppression and aerial firefighting services using technology and environmentally friendly and sustainable firefighting methods primarily throughout the United States. Its portfolio is organized across two offerings: Fire Suppression and Aerial Surveillance. Fire Suppression consists of deploying specialized Super Scooper aircraft to drop large amounts of water quickly and directly on wildfires. Aerial Surveillance consists of providing aerial surveillance for fire suppression aircraft over an incident and providing tactical coordination with the incident commander. It operates an aircraft fleet of approximately 18 planes. |
Financial Overview |
For the fiscal year ended 31 December 2023, Bridger Aerospace Group Holdings Inc revenues increased 44% to $66.7M. Net income applicable to common stockholders totaled $8.5M vs. loss of $330.5M. Revenues reflect Fire Suppresion segment increase of 44% to $56M, Aerial Survelliance segment increase of 35% to $9.7M. Net Income reflects Other income increase from $521K to $3.1M (income), Advertising Expense decrease of 86% to $100K (expense). |
Employees: | 148 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $726.09M as of Mar 31, 2024 |
Annual revenue (TTM): | $66.71M as of Mar 31, 2024 |
EBITDA (TTM): | -$54.36M as of Mar 31, 2024 |
Net annual income (TTM): | $8.52M as of Mar 31, 2024 |
Free cash flow (TTM): | -$47.87M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $182.72M as of Mar 31, 2024 |
Shares outstanding: | 47,014,189 as of May 10, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |