TerraVest Industries Inc. (T:TVK*CA)
Business Focus: Oil Related Services and Equipment (NEC)
| Sector: Energy | Industry: Oil Related Services and Equipment |
| Company Contact | |
| Address: | 6205 60 Street VEGREVILLE AB T9C 1P7 |
| Tel: | N/A |
| Website: | https://terravestindustries.com |
| IR: | See website |
| Key People | ||
| Charles Pellerin Executive Chairman of the Board | Dustin Haw President, Chief Executive Officer, Director | Mitchell Debelser President - Compressed Gas Equipment Segment |
| Pierre Fournier President - HVAC Equipment Segment | Mitchell Gilbert Chief Investment Officer | |
| Business Overview |
| TerraVest Industries Inc. is a diversified industrial company. Its segments include Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment and Service. The HVAC Equipment segment manufactures and distributes products, including commercial and residential refined fuel tanks, furnaces, boilers, air conditioning equipment and controls. The Compressed Gas Equipment segment manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The Energy Processing Equipment segment manufactures and sells equipment, such as wellhead processing equipment and tanks, biogas production equipment, and other custom process equipment. The Service segment provides a range of services to the energy sector in Western Canada. It is also engaged in water management and related services. |
| Financial Overview |
| For the three months ended 31 December 2023, TerraVest Industries Inc revenues increased 29% to C$228.1M. Net income increased 46% to C$17.4M. Revenues reflect HVAC Equipment segment increase of 55% to C$85.4M, Service segment increase of 32% to C$46.5M, United States segment increase of 37% to C$116.5M, Canada segment increase of 19% to C$109.8M. |
| Employees: | 1,605 as of Sep 30, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1,500M as of Dec 31, 2023 |
| Annual revenue (TTM): | $729.24M as of Dec 31, 2023 |
| EBITDA (TTM): | $137.26M as of Dec 31, 2023 |
| Net annual income (TTM): | $47.54M as of Dec 31, 2023 |
| Free cash flow (TTM): | $47.03M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $372.90M as of Dec 31, 2023 |
| Shares outstanding: | 18,113,902 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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