Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. President, CEO & Director Mark Becker was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • May 14
Dexterra Group Inc. announces Quarterly dividend, payable on July 15, 2026 Dexterra Group Inc. announced Quarterly dividend of CAD 0.1000 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026. Announcement • Apr 08
Dexterra Group Inc. to Report Q1, 2026 Results on May 06, 2026 Dexterra Group Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Announcement • Mar 10
Dexterra Group Inc. announces Quarterly dividend, payable on April 15, 2026 Dexterra Group Inc. announced Quarterly dividend of CAD 0.1000 per share payable on April 15, 2026, ex-date on March 31, 2026 and record date on March 31, 2026. Announcement • Feb 24
Dexterra Group Inc., Annual General Meeting, May 07, 2026 Dexterra Group Inc., Annual General Meeting, May 07, 2026. Announcement • Feb 18
Dexterra Group Inc. to Report Q4, 2025 Results on Mar 03, 2026 Dexterra Group Inc. announced that they will report Q4, 2025 results After-Market on Mar 03, 2026 Announcement • Nov 08
Dexterra Group Inc. announces Quarterly dividend, payable on January 15, 2026 Dexterra Group Inc. announced Quarterly dividend of CAD 0.1000 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025. Announcement • Oct 15
Dexterra Group Inc. to Report Q3, 2025 Results on Nov 04, 2025 Dexterra Group Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Announcement • Aug 08
Dexterra Group Inc. announces Quarterly dividend, payable on October 15, 2025 Dexterra Group Inc. announced Quarterly dividend of CAD 0.1000 per share payable on October 15, 2025, ex-date on September 29, 2025 and record date on September 30, 2025. Announcement • Aug 07
Dexterra Group Inc. (TSX:DXT) agreed to acquire Right Choice Camps & Catering for CAD 67.5 million. Dexterra Group Inc. (TSX:DXT) agreed to acquire Right Choice Camps & Catering for CAD 67.5 million on August 5, 2025. For the period ending December 31, 2024, Right Choice Camps & Catering reported total revenue of CAD 75 million and EBITDA of CAD 15 million. The purchase price will be financed through the existing credit facility.
The acquisition will be immediately accretive to shareholders and is expected to close, subject to normal closing conditions, on August 31, 2025. Announcement • Jul 16
Dexterra Group Inc. to Report Q2, 2025 Results on Aug 05, 2025 Dexterra Group Inc. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Aug 05, 2025 Announcement • Apr 16
Dexterra Group Inc. to Report Q1, 2025 Results on May 06, 2025 Dexterra Group Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025 Announcement • Feb 25
Dexterra Group Inc., Annual General Meeting, May 07, 2025 Dexterra Group Inc., Annual General Meeting, May 07, 2025. Announcement • Feb 13
Dexterra Group Inc. to Report Q4, 2024 Results on Mar 06, 2025 Dexterra Group Inc. announced that they will report Q4, 2024 results After-Market on Mar 06, 2025 Declared Dividend • Dec 30
Third quarter dividend of CA$0.087 announced Shareholders will receive a dividend of CA$0.087. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 92% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Nov 17
Third quarter dividend of CA$0.087 announced Shareholders will receive a dividend of CA$0.087. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 6.1%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 92% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: CA$0.21 (vs CA$0.21 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.21 (down from CA$0.21 in 3Q 2023). Revenue: CA$269.7m (down 13% from 3Q 2023). Net income: CA$13.4m (down 3.7% from 3Q 2023). Profit margin: 5.0% (up from 4.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Announcement • Oct 22
Dexterra Group Inc. to Report Q3, 2024 Results on Nov 05, 2024 Dexterra Group Inc. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of CA$0.087 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.3%). Announcement • Sep 04
ATCO Structures & Logistics Ltd. completed the acquisition of NRB Modular Solutions Inc. from Dexterra Group Inc. (TSX:DXT). ATCO Structures & Logistics Ltd. entered into an agreement to acquire NRB Modular Solutions Inc. from Dexterra Group Inc. (TSX:DXT) for CAD 40 million on June 5, 2024. A cash consideration of CAD 40 million will be paid by ATCO Structures & Logistics Ltd.
The transaction is subject to subject to antitrust regulations and regulatory approvals and is expected to close in the third quarter of 2024. As of now August 6. 2024 the transaction expected to close in August 2024.
ATCO Structures & Logistics Ltd. completed the acquisition of NRB Modular Solutions Inc. from Dexterra Group Inc. (TSX:DXT) on September 3, 2024. Transaction was subject to normal closing adjustments and conditions, including final authorization of the Canadian Competition Bureau. Declared Dividend • Aug 15
Second quarter dividend of CA$0.087 announced Shareholders will receive a dividend of CA$0.087. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 6.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 37% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: CA$0.19 (vs CA$0.13 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.19 (up from CA$0.13 in 2Q 2023). Revenue: CA$253.6m (down 5.3% from 2Q 2023). Net income: CA$12.1m (up 43% from 2Q 2023). Profit margin: 4.8% (up from 3.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jul 19
Dexterra Group Inc. to Report Q2, 2024 Results on Aug 06, 2024 Dexterra Group Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Recent Insider Transactions • Jun 09
President of Modular Solutions recently bought €68k worth of stock On the 5th of June, Robert Johnston bought around 19k shares on-market at roughly €3.67 per share. This transaction amounted to 73% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €74k. Insiders have collectively bought €355k more in shares than they have sold in the last 12 months. Announcement • Jun 08
ATCO Structures & Logistics Ltd. entered into an agreement to acquire NRB Modular Solutions Inc. from Dexterra Group Inc. (TSX:DXT) for CAD 40 million. ATCO Structures & Logistics Ltd. entered into an agreement to acquire NRB Modular Solutions Inc. from Dexterra Group Inc. (TSX:DXT) for CAD 40 million on June 6, 2024. A cash consideration of CAD 40 million will be paid by ATCO Structures & Logistics Ltd. The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is July 21, 2024 to July 31, 2024. New Risk • Jun 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Declared Dividend • May 23
First quarter dividend of CA$0.087 announced Shareholders will receive a dividend of CA$0.087. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 7.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 27% over the next year, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • May 20
President of Modular Solutions recently bought €73k worth of stock On the 17th of May, Robert Johnston bought around 20k shares on-market at roughly €3.65 per share. This transaction increased Robert's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €73k more in shares than they have sold in the last 12 months. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: CA$0.068 (vs CA$0.071 in 1Q 2023) First quarter 2024 results: EPS: CA$0.068 (down from CA$0.071 in 1Q 2023). Revenue: CA$231.6m (down 14% from 1Q 2023). Net income: CA$4.39m (down 4.6% from 1Q 2023). Profit margin: 1.9% (up from 1.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • May 15
Dexterra Group Inc. Declares Dividend for the Second Quarter of 2024, Payable on July 15, 2024 Dexterra Group Inc. declared a dividend for the second quarter of 2024 of $0.0875 per share for shareholders of record at June 28, 2024, to be paid on July 15, 2024. Announcement • Apr 20
Dexterra Group Inc. to Report Q1, 2024 Results on May 14, 2024 Dexterra Group Inc. announced that they will report Q1, 2024 results After-Market on May 14, 2024 Upcoming Dividend • Mar 20
Upcoming dividend of CA$0.087 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 6.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.6%). Declared Dividend • Mar 13
Fourth quarter dividend of CA$0.087 announced Shareholders will receive a dividend of CA$0.087. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 7.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: CA$0.41 (vs CA$0.053 in FY 2022) Full year 2023 results: EPS: CA$0.41 (up from CA$0.053 in FY 2022). Revenue: CA$1.12b (up 15% from FY 2022). Net income: CA$26.6m (up CA$23.2m from FY 2022). Profit margin: 2.4% (up from 0.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Mar 08
Dexterra Group Inc. (TSX:DXT) acquired CMI Management, Inc. for $23 million. Dexterra Group Inc. (TSX:DXT) acquired CMI Management, Inc. for $23 million on February 29, 2024.Dexterra Group Inc. (TSX:DXT) completed the acquisition of CMI Management, Inc. on February 29, 2024. Announcement • Feb 27
Dexterra Group Inc., Annual General Meeting, May 08, 2024 Dexterra Group Inc., Annual General Meeting, May 08, 2024. Announcement • Feb 22
Dexterra Group Inc. to Report Q4, 2023 Results on Mar 07, 2024 Dexterra Group Inc. announced that they will report Q4, 2023 results After-Market on Mar 07, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of CA$0.087 per share at 6.3% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (4.3%). Buying Opportunity • Nov 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.8%. The fair value is estimated to be €4.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 78%. Revenue is forecast to grow by 6.2% in 2 years. Earnings is forecast to grow by 127% in the next 2 years. Announcement • Nov 15
Dexterra Group Inc. Appoints Denise Achonu as Chief Financial Officer Dexterra Group Inc. announced the appointment of Denise Achonu as Chief Financial Officer (‘CFO’) of Dexterra. Denise is an accomplished finance executive who brings to Dexterra more than 20 years of experience in the hospitality and service industries in Canada and the US. She joins Ms. Achonu will join the company in early January 2024. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: CA$0.21 (vs CA$0.079 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.21 (up from CA$0.079 in 3Q 2022). Revenue: CA$310.8m (up 20% from 3Q 2022). Net income: CA$13.9m (up 169% from 3Q 2022). Profit margin: 4.5% (up from 2.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Buying Opportunity • Oct 19
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €4.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has declined by 86%. Revenue is forecast to grow by 5.2% in a year. Earnings is forecast to grow by 140% in the next year. Announcement • Oct 18
Dexterra Group Inc. to Report Q3, 2023 Results on Nov 07, 2023 Dexterra Group Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Buying Opportunity • Sep 21
Now 20% undervalued Over the last 90 days, the stock is up 2.6%. The fair value is estimated to be €4.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has declined by 86%. Revenue is forecast to grow by 5.1% in a year. Earnings is forecast to grow by 130% in the next year. Upcoming Dividend • Sep 21
Upcoming dividend of CA$0.087 per share at 6.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.6%). Announcement • Aug 18
Dexterra Group Inc. Announces Management Changes Dexterra Group Inc. announced that Drew Knight, Chief Financial Officer will be leaving the organization effective September 8, 2023 to pursue other opportunities. The Company has an executive search process underway and expects to fill the permanent position of Chief Financial Officer in the next few months. In the interim, Karima Amlani has been appointed Interim Chief Financial Officer. Ms. Amlani is a seasoned senior executive with over 25 years of financial and industry experience including 7 years with the Company. Announcement • Aug 11
Dexterra Group Inc. Declares Dividend for the Third Quarter of 2023, Payable on October 13, 2023 Dexterra Group Inc. declared a dividend of $0.0875 per share for the third quarter of 2023 for shareholders of record at September 29, 2023, to be paid October 13, 2023. New Risk • Aug 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: CA$0.13 (vs CA$0.005 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.13 (up from CA$0.005 in 2Q 2022). Revenue: CA$267.8m (up 14% from 2Q 2022). Net income: CA$8.46m (up CA$8.15m from 2Q 2022). Profit margin: 3.2% (up from 0.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Jul 21
Dexterra Group Inc. to Report Q2, 2023 Results on Aug 08, 2023 Dexterra Group Inc. announced that they will report Q2, 2023 results After-Market on Aug 08, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.087 per share at 6.2% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.4%). Announcement • May 12
Dexterra Group Inc. Approves Election of Antonia Rossi as Director Dexterra Group Inc. announced that at its AGM held on May 10, 2023, shareholders approved the election of Antonia Rossi as director. Announcement • May 11
Dexterra Group Inc. Declares Dividend for the Second Quarter of 2023, Payable on July 17, 2023 Dexterra Group Inc. declared a dividend of $0.0875 per share for the second quarter of 2023 for shareholders of record at June 30, 2023, to be paid July 17, 2023. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: CA$0.071 (vs CA$0.014 in 1Q 2022) First quarter 2023 results: EPS: CA$0.071 (up from CA$0.014 in 1Q 2022). Revenue: CA$268.1m (up 20% from 1Q 2022). Net income: CA$4.60m (up 415% from 1Q 2022). Profit margin: 1.7% (up from 0.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.087 per share at 7.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.4%). Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: CA$0.053 (vs CA$0.37 in FY 2021) Full year 2022 results: EPS: CA$0.053 (down from CA$0.37 in FY 2021). Revenue: CA$971.5m (up 33% from FY 2021). Net income: CA$3.43m (down 86% from FY 2021). Profit margin: 0.4% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. Board Change • Feb 23
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Toni Rossi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.