Mullen Group Ltd. (T:MTL)
Business Focus: Ground Freight & Logistics (NEC)
| Sector: Industrials | Industry: Ground Freight & Logistics |
| Company Contact | |
| Address: | 121A-31 Southridge Dr OKOTOKS AB T1S 2N3 |
| Tel: | N/A |
| Website: | https://www.mullen-group.com |
| IR: | See website |
| Key People | ||
| Murray K. Mullen Chairman of the Board, President, Senior Executive Officer | Lee Hellyer Vice President - Operations | Richard James Maloney Senior Operating Officer |
| Joanna K. Scott Senior Corporate Officer | Carson Paul Urlacher Senior Accounting Officer | |
| Business Overview |
| Mullen Group Ltd. is a Canada-based logistics provider. The Company's segments include Less-Than-Truckload (LTL), Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The LTL segment provides final or last mile delivery of general freight consisting of smaller shipments, packages, and parcels. The Logistics & Warehousing segment provides shippers throughout North America with a range of trucking and logistics service offerings, including full truckload, specialized transportation, warehousing, fulfilment center's that handle e-commerce transactions, and bulk shipments. The Specialized & Industrial Services segment provides equipment and services to the oil and natural gas, environmental, construction, pipeline, utility, telecom, and civil industries. The U.S. & International Logistics segment provides third-party logistics services focused on freight brokerage across multiple modes of transportation. It also offers general oilfield hauling. |
| Financial Overview |
| For the three months ended 31 March 2024, Mullen Group Ltd revenues decreased 7% to C$462.6M. Net income decreased 30% to C$22.2M. Revenues reflect Logistics & Warehousing segment decrease of 12% to C$126.3M, Less-thanTruckload segment decrease of 5% to C$182.5M, U.S & International Logistics segment decrease of 13% to C$44.4M, Canada segment decrease of 6% to C$418.2M, United States segment decrease of 13% to C$44.4M. |
| Employees: | 7,416 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1,867M as of Mar 31, 2024 |
| Annual revenue (TTM): | $1,959M as of Mar 31, 2024 |
| EBITDA (TTM): | $317.14M as of Mar 31, 2024 |
| Net annual income (TTM): | $127.22M as of Mar 31, 2024 |
| Free cash flow (TTM): | $120.97M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $774.66M as of Mar 31, 2024 |
| Shares outstanding: | 88,057,434 as of Mar 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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