#Canada #financial results #Q3 2025 #MDA Space #Brampton

MDA Space Announces Third Quarter 2025 Results

MDA Space Ltd., a prominent partner in the rapidly evolving global space industry, has released its financial results for the third quarter ending September 30, 2025. The company reported significant growth in both revenue and profit, further solidifying its position in the market.

Q3 2025 Financial Highlights

MDA Space's backlog stood strong at $4.4 billion at the end of the quarter, ensuring visibility of revenue for 2025 and beyond. Achieving $409.8 million in revenue marked a noteworthy 45% increase year over year, buoyed by the rising demand in its Satellite Systems and Robotics Space Operations sectors.

Furthermore, the adjusted EBITDA rose to $82.8 million, reflecting a 49% increase compared to Q3 2024, with a margin of 20.2%. Adjusted net income also saw a solid increase of 33% year on year, reaching $46.1 million, and adjusted diluted earnings per share improved to $0.35, up 25% compared to the previous year. The operating cash flow reported was $32.8 million.

Strategic Developments during the Quarter

The quarter was also marked by strategic movements within the company. MDA completed the acquisition of SatixFy Communications Ltd. in July, which is expected to enhance its offerings in digital satellite systems. The company also achieved a milestone by demonstrating the first-ever digital beam forming capability with its MDA AURORA™ satellite technology, a breakthrough in supporting broadband connectivity and 5G networks.

CEO Mike Greenley expressed satisfaction with the quarter’s performance, noting great interest from customers at various global events, further signaling strong market demand for MDA’s technological solutions.

Awards and Recognition

In a testament to MDA's excellence, the company was honored with the 2025 Global Satellite Business of the Year award by Novaspace during the World Space Business Week held in Paris in September. This accolade celebrates MDA’s leadership in the satellite industry, further elevating its reputation as a premier player in space technology.

Outlook for 2025

Looking ahead, MDA Space remains optimistic about its growth trajectory. The company reaffirmed its financial outlook for the entire year of 2025, expecting revenues between $1.57 billion and $1.63 billion, reflecting around 48% growth from the prior fiscal year. Additionally, projected adjusted EBITDA for 2025 is estimated at $305 to $320 million, underscoring the expected robust operational efficiencies.

In terms of capital expenditures, MDA anticipates spending between $210 to $240 million throughout 2025 to support its growth initiatives.

Despite potential impacts from tariffs on U.S. imports from Canada, MDA is working closely with its clients to devise solutions and remains prepared to adjust its financial outlook as necessary.

With a strong foundation in technology and an impressive growth strategy, MDA Space is poised for continued success in the competitive landscape of the global space industry.

For more updates and inquiries, shareholders and interested parties are encouraged to join MDA's upcoming conference call on November 14, 2025, where company executives will discuss these results in detail.