Bullboard - Stock Discussion Forum NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

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NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two... see more

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TSX:NFI - Post Discussion

NFI Group Inc > Q1 14,783 unit backlog

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Post by TELEMARKER on May 21, 2024 2:46pm

Q1 14,783 unit backlog

2024 Q1 revenue of $723 million; 1,127 equivalent units ("EUs") delivered, up 42% from 2023 Q1, with 201 of EUs delivered being battery- and fuel cell-electric buses ("ZEBs").
Ending total backlog2 position (both firm and options) reached a record high of 14,783 EUs (valued at $11.7 billion), with 365 EUs in bid award pending; ZEBs represent 39% of total backlog2.
2024 Q1 Net loss of $9 million; Net loss per Share of $0.08, and Adjusted Net Loss per Share2 of $0.13.