Maxar Technologies reports fourth quarter and year end 2017 results

 

PRO FORMA FINANCIAL INFORMATION

The following unaudited pro forma financial information gives effect to the Company's acquisition of DigitalGlobe using the acquisition method of accounting for business combinations with the Company identified as the acquirer, and is based on the respective historical unaudited condensed consolidated financial statements of the Company and DigitalGlobe for the periods presented below. In determining these amounts, management has conformed DigitalGlobe's historical financial results originally prepared under U.S. general accepted accounting principles to IFRS and has assumed that the fair value adjustments, determined provisionally, that arose on the date of acquisition would have been the same if the acquisition had occurred on January 1, 2016. In addition, DigitalGlobe's historical financial results have been adjusted to reflect the revenue and expenses of The Radiant Group, Inc. ("Radiant") as if DigitalGlobe's acquisition of Radiant had occurred on January 1, 2016. Revenue and direct costs, selling, general and administration expense have been adjusted to reflect the elimination of intra entity transactions during the periods and other expense has been adjusted to reflect the elimination of transaction related expenses.

This unaudited pro forma financial information is for illustrative purposes only and is not necessarily indicative of the operating results that would have been achieved if the acquisition had been completed at the beginning of the period for the periods presented, nor do they purport to project the results of operations of the combined entities for any future period or as of any future date.  This unaudited pro forma financial information may not be useful in predicting the results of operations of the combined company in the future. The actual results of operations may differ significantly from this pro forma financial information.

Pro Forma Revenue and Adjusted EBITDA by Segment:

The following table summarizes pro forma revenue and pro forma adjusted EBITDA by segment for the last eight quarters in U.S. dollars as if Maxar and DigitalGlobe had been one company beginning in 2016.










($ millions)

Q4
2017

Q3
2017

Q2
2017

Q1
2017

Q4
2016

Q3
2016

Q2
2016

Q1
2016










Pro forma revenues:










Space Systems

284.1

292.2

333.6

336.7

334.6

342.9

350.5

371.5


Imagery

206.9

200.5

201.2

193.0

192.6

193.7

188.3

190.4


Services

61.1

72.1

68.7

57.8

67.6

61.8

61.3

52.5


552.1

564.8

603.5

587.5

594.8

598.4

600.1

614.4

Pro forma adjusted EBITDA:










Space Systems

47.3

60.1

61.0

61.4

60.4

54.8

66.3

62.1


Imagery

134.5

128.2

128.8

120.1

123.3

124.8

123.1

124.2


Services

9.5

9.3

7.5

6.0

11.8

9.2

6.9

5.7


Pro forma operating EBITDA

191.3

197.6

197.3

187.5

195.5

188.8

196.3

192.0


Corporate expenses

(6.4)

(8.5)

(10.0)

(9.5)

(10.1)

(8.2)

(8.3)

(7.7)


184.9

189.1

187.3

178.0

185.4

180.6

188.0

184.3


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
GIS Analyst for San Bernardino County Transportation Authority at San Bernardino, California
GEOGRAPHIC INFORMATION SYSTEM (GIS) COORDINATOR for Lassen County at Susanville, California
Mechanical Engineer for PTEC Solutions at Fremont, California
Geodetic Analyst, GIS Center (1282) for Idaho State University at Pocatello, Idaho
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Commercial UAV Expo USA - 2024 at Caesars Forum Las Vegas NV - Sep 3 - 5, 2024
World Architecture Festival 2024 at Marina Bay Sands Singapore - Nov 6 - 8, 2024
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise