ATS Corporation

Latest Results (14.08.2024):

Revenue Growth

ATS Corporation reported a significant increase in revenue for the fourth quarter of 2024, reaching $2,577,384 thousand CAD, compared to $2,177,379 thousand CAD in the same quarter of the previous year. This growth reflects the company's strong market position and successful execution of its business strategies.

Net Income

For the fourth quarter of 2024, ATS Corporation achieved a net income of $194,181 thousand CAD, a substantial rise from the $127,701 thousand CAD reported in the fourth quarter of 2023. This increase in net income underscores the company's improved operational efficiency and profitability.

Earnings Per Share

ATS Corporation's earnings per share (EPS) for the fourth quarter of 2024 were $1.98 (basic) and $1.97 (diluted), compared to $1.39 (basic) and $1.38 (diluted) in the fourth quarter of 2023. The higher EPS indicates enhanced value for shareholders and reflects the company's robust financial performance.

Comprehensive Income

ATS Corporation's comprehensive income for the fourth quarter of 2024 was $197,656 thousand CAD, up from $168,736 thousand CAD in the same period of the previous year. This increase includes gains from currency translation adjustments and other comprehensive income items, highlighting the company's overall financial health.

Cash Flows from Operating Activities

In the fourth quarter of 2024, ATS Corporation generated $20,780 thousand CAD in cash flows from operating activities, a decrease from $127,800 thousand CAD in the fourth quarter of 2023. This reduction is primarily due to changes in non-cash operating working capital, reflecting the company's investment in growth and operational needs.