A View From 2.6 Million Ft

MDA At A Glance

2021 2020 ±
Order Bookings $768m $512m +50%
Backlog $864m $563m +54%
Revenues $477m $412m +16%
Gross Profit $168m (gross margin 35%) $117M (gross margin 29%) +43%
Adjusted EBITDA1,2 $112m (adjusted EBITDA margin 24%) $85m (adjusted EBITDA margin 21%) +32%
Operating Cash Flow $72m $70m +2%
Staff 2,400 2,000 +20%

1 Non-IFRS measure; refer to latest Management Discussion & Analysis for reconciliation of non-IFRS to IFRS measures
2 Adjusted EBITDA excluding Canada Emergency Wage Subsidy (CEW) program income

Satellite Imagery

IMAGE: Conger Ice Shelf, East Antarctica: 2022-04-22 13:06:17, SCWA, HH-HV, 64°42'57" S 103°56'15" E

On Earth Day 2022, MDA’s RADARSAT-2 satellite captured imagery of the Conger ice shelf. This 1,200 square kilometre sheet of glacial ice in east Antarctica collapsed earlier this year, as shown in this stunning image.