Mobile Mini Inc (OQ:MINI)

Business Focus: Warehousing

Sector:  Industrials Industry:  Ground Freight & Logistics
See Regulatory Filings on SEC
Company Contact
Address: 4646 E van Buren St Ste 400
PHOENIX AZ 85008-6927
Tel: N/A
IR: See website
Key People
Michael L. Watts
Independent Chairman of the Board
Kelly Williams
President, Chief Operating Officer
Erik Olsson
Chief Executive Officer, Director
Van A. Welch
Chief Financial Officer, Executive Vice President
Mark W. Krivoruchka
Senior Vice President. Chief Human Resource Officer
Christopher J. Miner
Senior Vice President, General Counsel
Chad Ainsworth
Chief Accounting Officer, Vice President
Business Overview
Mobile Mini, Inc. is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc. (ETS), is a provider of specialty containment solutions in the United States. The Company manages its business as two portable storage solutions business segments, North America and the U.K., and one specialty containment business segment. The Company's business consists of two product categories: portable storage solutions and specialty containment solutions. Portable storage solutions consist of its container and office product offerings. The Company offers a range of portable storage products with features, such as locking systems, doors, electrical wiring and shelving. Its specialty containment products consist of liquid and solid containment units, pumps and filtration equipment. As of December 31, 2016, its network included 125 portable storage locations, 19 specialty containment locations and 14 combined locations.
Financial Overview
For the three months ended 31 March 2019, Mobile Mini Inc revenues increased 6% to $149.7M. Net income increased 22% to $18.1M. Revenues reflect Storage Solutions North America segment increase of 7% to $97.8M, Tank & Pump Solutions segment increase of 15% to $30.9M. Net income benefited from Storage Solutions North America segment income increase of 20% to $27.4M, Tank & Pump Solutions segment income increase from $1.8M to $3.9M.
Employees: 2,049 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,562M as of Mar 31, 2019
Annual revenue (TTM): $602.24M as of Mar 31, 2019
EBITDA (TTM): $213.23M as of Mar 31, 2019
Net annual income (TTM): -$4.83M as of Mar 31, 2019
Free cash flow (TTM): $9.36M as of Mar 31, 2019
Net Debt Last Fiscal Year: $898.43M as of Mar 31, 2019
Shares outstanding: 44,972,730 as of Apr 12, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization