MDA Space Non-GAAP EPS of C$0.28, revenue of C$346.6M; initiates FY25 outlook

- MDA Space press release (OTCPK:MDALF): Q4 Non-GAAP EPS of C$0.28.
- Revenue of C$346.6M.
- Backlog of C$4.4 billion at quarter-end, up 42% Y/Y.
- Adjusted EBITDA of C$71 million, up 68% Y/Y; adjusted EBITDA margin of 20.5%.
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Introduction of 2025 Financial Outlook
- Revenues expected to be C$1.50 – C$1.65 billion, representing ~ 45% Y/Y growth.
- Adjusted EBITDA expected to be C$290 – C$320 million, representing ~ 40% Y/Y growth, with adjusted EBITDA margin of 19%-20%.