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Badger Infrastructure Solutions Ltd (BDGI.TO)

Badger Infrastructure Solutions Ltd (BDGI.TO)
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Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating and related services, with operations in both the United States and Canada. Its key technology is the Badger Hydrovac, which is used predominantly for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units into its existing and future design and manufacturing processes. It provides services to contractors and facility owners in a range of infrastructure industries, general commercial construction and industrial cleaning services.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 831,702 744,952 683,799 570,812 446,073
Sales Growth +11.65% +8.94% +19.79% +27.96% +1.82%
Net Income 59,228 47,872 41,771 18,290 -8,823
Net Income Growth +23.72% +14.61% +128.38% +307.31% -145.46%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 762,783 669,417 633,014 533,000 475,605
Total Assets Growth +13.95% +5.75% +18.76% +12.07% -2.63%
Total Liabilities 466,700 411,217 388,020 310,153 255,058
Total Liabilities Growth +13.49% +5.98% +25.11% +21.60% +10.49%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 163,693 146,279 131,614 68,329 52,837
Operating Cash Flow Growth +11.90% +11.14% +92.62% +29.32% -51.62%
Net Cash Flow -9,848 5,753 3,046 1,203 -9,384
Change in Net Cash Flow -271.18% +88.87% +153.20% +112.82% -232.86%
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