Taiga Building Products Ltd. (T:TBL*CA)
Business Focus: Forest & Wood Products (NEC)
| Sector: Basic Materials | Industry: Forest & Wood Products |
| Company Contact | |
| Address: | 800-4710 Kingsway BURNABY BC V5H 4M2 |
| Tel: | N/A |
| Website: | https://www.taigabuilding.com |
| IR: | See website |
| Key People | ||
| Ian Tong Executive Chairman of the Board | Russell Permann President, Chief Executive Officer | Mark Schneidereit-Hsu Chief Financial Officer, Vice President - Finance and Administration, Corporate Secretary |
| Michael Sivucha Chief Operating Officer | Kooi Ong Tong Executive Director | |
| Business Overview |
| Taiga Building Products Ltd. is a Canada-based company, which is an independent wholesale distributor of building products in Canada and the United States. The Company operates through two geographic segments: Canada and the United States. The Company offers its products in various categories, including composite decking, engineered wood products, flooring products, insulation products, lumber products, moldings, panel products, polyethylene sheeting, preserved wood products, and siding products. The Company's distribution logistics serves customers across North America with road transportation (flat deck and van), rail (carload and intermodal container), ocean (container and breakbulk), customs regulatory matters (ranging from overseeing daily cross border movement of traffic, softwood lumber reporting, federal countervail and dumping duty investigations), and liaising with: Canada Border Services & Agency; Department of Foreign Affairs and International Trade, and others. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Taiga Building Products Ltd revenues decreased 23% to C$1.68B. Net income decreased 31% to C$61.3M. Revenues reflect Canada segment decrease of 24% to C$1.38B, United States segment decrease of 22% to C$304.1M. Net income also reflects Distribution increase of 8% to C$32.3M (expense), Other expenses (income) decrease from C$140K (income) to C$169K (expense). |
| Employees: | 570 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $306.81M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,680M as of Dec 31, 2023 |
| EBITDA (TTM): | $91.43M as of Dec 31, 2023 |
| Net annual income (TTM): | $61.30M as of Dec 31, 2023 |
| Free cash flow (TTM): | $102.78M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 107,955,011 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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