Badger Infrastructure Solutions Ltd.

Badger Infrastructure Solutions Ltd.

BDGIF
Badger Infrastructure Solutions Ltd.US flagOther OTC
67.40
USD
- -
- -
2.27BMarket Cap
Badger Infrastructure Solutions Ltd.
BDGIF
(Other OTC)

Recent

price

67.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.86
6.9
6.9
8.24
9.82
7.86
8.11
10.65
12.18
13.98
12.56
13.12
16.56
19.84
21.63
24.59
22.76
Revenue per Share
0.78
0.81
0.81
1.02
1.24
0.75
0.58
1.41
1.34
1.28
0.56
-0.25
0.53
1.21
1.39
1.75
1.64
Basic EPS, GAAP
-0.12
-0.23
-0.23
-0.37
-0.35
1.19
1.11
0.08
0.79
-0.41
1.72
0.3
0.06
0.6
1.27
1.16
1.6
Free Cash Flow per Basic Share
0.34
0.34
0.34
0.34
0.31
0.26
0.29
0.33
0.38
0.43
0.46
0.5
0.42
0.51
0.52
0.53
0.52
Dividend per Share
2.65
4.03
4.03
4.24
4.81
4.55
4.98
6.4
6.51
6.56
7.52
6.52
6.56
7.26
7.62
8.93
8.01
Book Value per Share
2.5
3.84
3.84
3.92
4.86
5.03
5.41
6.62
6.95
6.38
6.67
5.69
5.8
6.39
6.76
7.93
7.1
Tangible Book Value per Share
32
35
35
37
37
37
37
37
37
36
35
35
34
34
34
34
34
Basic Weighted Avg Shares
190
240
240
305
364
292
301
395
452
501
438
454
571
684
745
832
777
Sales/Revenue/Turnover
19.59
18.01
18.01
18.41
19.62
15.42
13.47
15.75
16.64
12.82
7.85
-0.28
6.11
9.11
11.55
8.12
11.56
Operating Margin (%)
14
19
19
23
30
31
32
36
36
49
57
57
60
70
79
89
82
Depreciation Expense
25
28
28
38
46
28
22
52
50
46
19
-9
18
42
48
59
56
Net Income, GAAP
27.95
33.23
33.23
30.2
27.77
6.68
38.66
8.06
30.54
21.61
25.33
- -
20.07
26.88
29.04
25.58
29.03
Effective Tax Rate (%)
13.29
11.73
11.73
12.43
12.58
9.51
7.15
13.26
11.02
9.13
4.43
-1.92
3.2
6.11
6.43
7.12
7.2
Profit Margin (%)
39
44
44
58
80
60
90
91
105
67
55
43
77
74
62
59
83
Working Capital
46
30
30
77
107
75
75
75
75
109
86
105
157
196
202
236
246
LT Debt
88
140
140
161
193
193
208
253
269
253
258
222
223
245
258
296
267
Total Equity
20.84
18.53
18.53
18.82
18.83
14.69
9.06
18.78
15.61
13.8
6.79
- -
7.49
10.82
13.16
9.8
12.5
Return on Invested Capital (%)
25.91
19.22
19.22
19.26
18.99
11.99
9.45
19.71
16.63
14.46
6.47
- -
6.46
12.55
12.33
13.54
12.8
Return on Capital (%)
43.74
24.89
24.89
25.47
27.28
15.99
12.17
24.78
20.79
19.2
7.81
-3.58
8.1
17.53
18.67
20.99
21.17
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
18
18
20
LT Borrowings
170
193
214
LT Finance Leases
32
31
32
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
34
34
Market Capitalization
1,224
1,387
1,606

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
206
193
230
Cash, Cash Equivalents & STI
15
1
6
Accounts Receivable, Net
161
153
173
Inventories
12
11
13
Total Current Liabilities
145
125
147
Payables & Accruals
108
89
105
ST Debt
18
18
20
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.83%
3.29%
14.67%
Free Cash Flow
103.41%
185.05%
-10.71%
Net Income, GAAP
-23.73%
-57.53%
23.72%
Sales/Revenue/Turnover
11.69%
13.95%
11.65%
Total Cash Common Dividend
6.92%
2.8%
0.02%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
162
187
209
187
745
2025
173
208
214
- -
832
2026
203
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.35
0.68
0.32
1.39
2025
0.1
0.55
- -
- -
1.75
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.13
0.13
0.13
0.52
2025
0.13
0.14
- -
- -
0.53
2026
0.14
- -
- -
- -
- -
Business
Badger Infrastructure Solutions Ltd. is a North American non-destructive excavation and infrastructure services company focused on hydrovac excavation and related utility and municipal work. The firm provides hydro- and vacuum-assisted excavation services, locating and surveying, debris and hydro excavation support, and disaster response, with a broad suite of related capabilities targeted at underground utilities, road, and facility projects. Headquartered in Toronto, Ontario, the company operates across North America, with a geographic footprint that includes key markets in Canada and the United States, and it maintains a diversified fleet of specialized units to support hydrovac, sewer, and utility works. Main products and services - Hydrovac excavation services (hydrovac, debris removal, daylighting, anode installations, pipeline exposure) using pressurized water and vacuum systems - Sewer and drainage services (sewer line cleaning, flushing, inspection, and related maintenance) - Utility locating and damage prevention services (mainline-to-lateral inspections, locating, CCTV inspections, smoke testing) - Pipeline and infrastructure support (polling and potholing, exposing, daylighting, and debris management; trenching and shoring related tasks) - Disaster response and emergency recovery services - Ancillary and specialty units (Airvacs, combo trucks, sewer and flusher units) that complement core hydrovac operations - Site remediation and post-excavation services (relining, debris removal, concrete removal where applicable) Geographic reach and segments - Primary markets in Canada (notably Alberta, British Columbia) and the United States (various high-growth oil & gas, telecommunications, and municipal infrastructure regions) - Operations span energy, construction, telecommunications, transportation, and municipal infrastructure sectors - Subsidiaries and corporate relationships align under a single corporate umbrella with regional operations supporting nationwide contracts Latest major company changes - Strategic positioning and growth initiatives in 2025–2026, including expansion in high-growth North American regions and enhanced safety and environmental compliance measures - Ongoing product and fleet upgrades to bolster hydrovac capabilities alongside complementary units (Airvacs, combination units, and sewer-focused vehicles) to broaden service offerings - Active pursuit of strategic collaborations and partnerships to strengthen geographic coverage and penetrate additional infrastructure segments - Rebranding and corporate structure maintained since 2021, with continued emphasis on infrastructure services and non-destructive excavation capabilities - Routine updates to service offerings to address evolving customer needs in oil & gas, telecommunications, municipal, and transportation projects Additional context - Industry: Non-destructive excavation and infrastructure services - Target markets: Energy, construction, telecommunications, municipal infrastructure, transportation - Geographic operations: Canada and the United States, with emphasis on growth provinces and states - Founding year and headquarters: Founded in the early 2000s; headquarters in Toronto, Ontario - Corporate relationships: Independent public company with subsidiaries and regional operating units under Badger Infrastructure Solutions Ltd. as parent entity

Company News

APIChatGPT
  • Badger Announces Closing of C$300 Million Senior Unsecured Note Offering

  • Badger Infrastructure Solutions Ltd. (BDGI:CA) Q1 2026 Earnings Call Transcript

  • Badger Infrastructure Solutions Ltd. Confirms Release Date for Q1 2026 Results and Timing and Other Information Regarding 2026 Annual and Special Meeting of Shareholders

  • Badger Infrastructure Delivers Another Quarter of Double Digit Growth in Revenue, Adjusted EBITDA and Adjusted Net Earnings

  • Badger Infrastructure Solutions Ltd. Confirms Release Date For Q3 2025 Results

  • Badger Infrastructure Solutions Ltd. Delivers Double Digit Growth in 2025 Second Quarter Revenue, Adjusted EBITDA and Adjusted Net Earnings

  • Badger Infrastructure Solutions Ltd. Confirms Release Date for Q2 2025 Results

  • Badger Infrastructure Solutions Ltd. (BADFF) Q1 2025 Earnings Call Transcript

  • Badger Infrastructure Solutions Ltd. Delivers Solid Growth in 2025 First Quarter Revenue, Adjusted EBITDA and Adjusted Net Earnings

  • Badger Infrastructure Solutions Ltd. Confirms Release Date for Q1 2025 Results and Filing of Management Information Circular in Connection With 2025 Annual Meeting of Shareholders

  • Badger Infrastructure Solutions Ltd. (BADFF) Q4 2024 Earnings Call Transcript

  • Badger Infrastructure Solutions Ltd. Delivers Solid Growth in 2024 Full Year Revenue, Adjusted EBITDA, Adjusted Net Earnings and a 4.2% Dividend Increase

  • Badger Infrastructure Solutions Ltd. Confirms Release Date for Fourth Quarter 2024 Results

  • Badger Infrastructure Solutions Ltd. Announces Appointment of George Williams to Board of Directors

  • Badger Infrastructure Solutions Ltd. (BADFF) Q3 2024 Earnings Call Transcript

  • Badger Infrastructure Solutions Ltd. Delivers Solid Growth in 2024 Third Quarter Revenue, Adjusted EBITDA and Adjusted Net Earnings

  • Badger Infrastructure Solutions Ltd. Confirms Release Date for Third Quarter 2024 Results

  • Badger Infrastructure Solutions Ltd. (BADFF) Q2 2024 Earnings Call Transcript

  • Badger Infrastructure Solutions Ltd. Delivers Solid Growth in 2024 Second Quarter Revenue, Adjusted EBITDA and Adjusted Net Earnings

  • Badger Infrastructure Solutions Ltd. Confirms Release Date for Second Quarter 2024 Results