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Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Black Diamond Group Limited is a specialty rentals and industrial services company. The Company owns a portfolio of businesses that solve the space, accommodation and travel needs of organizations around the globe. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). The MSS segment, through its brands, BOXX Modular, Britco, MPA, Schiavi and CL Martin, owns a rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service, and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors. The WFS segment, through its brands, Black Diamond Camps and Black Diamond Energy Services, owns a rental fleet of modular accommodation assets of all types and sizes. It also includes its wholly owned subsidiary, LodgeLink, which operates a digital marketplace for business-to-business crew accommodation, travel, and logistics in North America.


TSX:BDI - Post by User

Post by Hoppedon Nov 02, 2021 7:32pm
227 Views
Post# 34079892

A true success

A true successHats off to Management. From where they were 4-5 years ago to now is so impressive. I don't even know where to start with these results. They've steadily grown organically and through some really nice acquisistions and this is where they are at today. They've diversified so nicely which has paid serious dividends (pun intended!) at present but will provide them with a safety net in the future by spreading their service offerings across different sectors. LodgeLink which is BDI own tech startup just did 10.1 fricken millon dollars in gross bookings for the quarter. The valuation for LodgeLink as a potential acquistion target or continued revenue generator just keeps getting better and better. 

Best of all, BDI's debt dropped by $12M!!! 

Incredible.
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