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Bullboard - Stock Discussion Forum GDI Integrated Facility Services Inc T.GDI

Alternate Symbol(s):  GDIFF

GDI Integrated Facility Services Inc. is an integrated commercial facility services provider. The Company’s segments include Business Services Canada, Business Services USA and Technical Services. The Business Services Canada and Business Services USA segments provide a wide range of basic cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, carpet... see more

TSX:GDI - Post Discussion

GDI Integrated Facility Services Inc > Releases its Financial Results for the Fourth Quarter
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Post by Betteryear2 on Feb 28, 2024 7:41pm

Releases its Financial Results for the Fourth Quarter

  • Q4 2023 revenue of $622 million, an increase of $34 million, or 6%, over Q4 2022.
  • Q4 2023 Adjusted EBITDA* of $37 million, representing an Adjusted EBITDA* margin of 6%.
  • Q4 2023 net income of $6 million or $0.26 per share compared with $10 million or $0.41 per share for the fourth quarter of 2022.
  • Q4 2023 decrease in net working capital of $36 million, resulting in long-term debt repayment of $33 million.
  • 2023 revenue of $2.44 billion, an increase of $265 million or 12% over 2022.
  • 2023 Adjusted EBITDA* of $143 million, a decrease of $13 million, or 8%, over 2022.
  • 2023 net income of $19 million or $0.80 per share compared with $36 million or $1.57 per share in 2022.

LASALLE, QCFeb. 28, 2024 /CNW/ - GDI Integrated Facility Services Inc. ("GDI" or the "Company") (TSX: GDI) is pleased to announce its financial results for the fourth quarter and the year ended December 31, 2023.

GDI Integrated Facility Services Inc. Releases its Financial Results for the Fourth Quarter and the Year Ended December 31, 2023 (newswire.ca)

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