impressive levels of investment"In 2022, MDA's capital expenditures totalled
$180.1 million as we ramped up our development efforts."
"
"For fiscal 2023, we expect full year revenues to be $750 – $800 million , representing robust year over year growth of approximately 20% at the mid-point of guidance. We expect full year adjusted EBITDA to be $145 – $155 million , representing approximately 19% – 20% adjusted EBITDA margin. We expect capital expenditures to be $220 – $240 million in 2023, primarily comprising of growth investments to support CHORUS and the previously outlined growth initiatives across our three business areas."
So about double this coming year.
And then there's the past investment in people "
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- The Company added 880 new staff in 2022 as part of its focus on talent and recruitment to support current and future growth. This is in addition to 670 new hires added in 2021."
TMX says headcount is 2400 people.