PARIS — Canadian space hardware manufacturer MDA Ltd. is preparing a listing on the Toronto Stock Exchange with a forecast that the company will double its revenue in the next two years and then grow another 76%, to 1.5 billion Canadian dollars ($1.17 billion), in 2025.
Adjusted EBITDA during the period will grow less quickly. The company has set a long-term target EBITDA margin of 18-20%, MDA said in a preliminary investor prospectus published March 22.
MDA was purchased from Maxar . . .
To view the entire article, become a subscriber!