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FRTA - Forterra, Inc.

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Forterra, Inc.

FRTA

NASDAQ

Inactive Equity

Forterra, Inc., through its subsidiaries, manufactures and sells pipe and precast products in the United States, Canada, and Mexico. It operates through Drainage Pipe & Products; and Water Pipe & Products segments. The company offers concrete drainage pipes used for storm water applications, residential and non-residential site developments, sanitary sewers, low-pressure sewer force mains, tunneled systems, treatment plant piping, and utility tunnels; precast concrete products, including box culverts, utility vaults, manholes, drainage inlets, and pipe end sections used for roadway and airport drainage, storm water management, utility construction, and water treatment and filtration systems; and architectural panels for buildings, modular railroad crossings, retaining wall and storm water treatment systems, highway noise barriers, and concrete vaults that are used to house dry or wet utilities. It also provides hollow-core planks, prestressed bridge girders, beams, columns, wall panels, stairs, garage floors, and architectural claddings for parking garages and arched and modular bridges; precast concrete bridge girders for highway projects; precast concrete foundation to support prefabricated shelters or equipment buildings; precast product that consolidates and protects underground electrical and communication cables; and storm water technologies for storm water management market. In addition, the company offers ductile iron pipes for transmission and distribution of potable and wastewater; concrete pressure pipes for water transmission and distribution, power plant cooling water lines, sewage force mains for waste and storm water, and other applications; and prestressed concrete and bar-wrapped concrete pipes. The company was founded in 1899 and is headquartered in Irving, Texas. As of March 18, 2022, Forterra, Inc. operates as a subsidiary of Quikrete Holdings, Inc.

24 USD

0 (0%)

FRTA Financial Statements

Year

2021

2020

2019

2018

Total Revenue

1.86B

1.59B

1.53B

1.48B

Cost of Revenue

1.44B

1.22B

1.23B

1.23B

Gross Profit

420.4M

376.67M

296.38M

245.57M

Operating Expenses

202.4M

220.36M

220.68M

204.62M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

216.1M

0

0

0

Selling & Marketing Expenses

0

0

0

0

General & Administrative Expenses

0

0

0

0

Other Expenses

-13.7M

220.36M

220.68M

204.62M

Operating Income

230M

153.8M

72.19M

51.04M

Total Other Income/Expenses Net

-75M

-80.86M

-82.8M

-72.32M

Income Before Tax

155M

72.95M

-10.61M

-21.28M

Income Tax

38.7M

8.46M

-3.28M

3.08M

Net Income

116.3M

64.49M

-7.33M

-24.36M

Basic EPS

1.67

0.95

-0.11

-0.38

EPS Diluted

1.67

0.95

-0.11

-0.38

Basic Average Shares

69.64M

68.2M

64.23M

63.9M

Diluted Average Shares

69.64M

68.2M

64.23M

63.9M

EBITDA

312.6M

242.33M

181.62M

162.48M

Retained Earning Schedule

Year

2021

2020

2019

2018

Retained Earnings (Previous Year)

-51.88M

-116.36M

-115.99M

-92.45M

Net Income

116.3M

64.49M

-7.33M

-24.36M

Stock Repurchases

0

0

0

0

Dividend Paid

0

0

0

0

Retained Earnings

64.4M

-51.88M

-116.36M

-115.99M

Other Distributions

116.28M

64.49M

-374k

-23.54M

PPE Schedule

Year

2021

2020

2019

2018

Gross PPE

511.5M

505.46M

535.83M

492.17M

Annual Depreciation

82.6M

89.5M

97.26M

105.42M

Capital Expenditure

-65.6M

-34.02M

-53.71M

-50.61M

Net PPE

494.5M

449.98M

492.28M

437.35M

Intangible and Goodwill Schedule

Year

2021

2020

2019

2018

Acquisitions and Adjustments

773k

301k

633k

12.05M

Goodwill (Previous Year)

509.13M

508.83M

508.19M

496.14M

Goodwill

509.9M

509.13M

508.83M

508.19M

All figures are in USD.

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