(TSXV:TGH | OTCQX:TGHLF) On the heels of Tornado Global Hydrovacs reporting Q1/2023 financials that saw the Company achieve its highest ever quarterly sales, Gross Profit and EBITDAS, Beacon Securities analyst Russell Stanley noted that, “these results demonstrate the company’s demand picture.” Tornado, which designs and manufactures hydrovac trucks for safe excavation around critical infrastructure in […]
Including Record Quarterly Revenue, Gross Profit And EBITDAS Revenue Increased By 112% Compared To 2022 CALGARY, Alberta, May 25, 2023 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its unaudited condensed consolidated financial results for the three months period ended March 31, 2023. The unaudited condensed […]
With the release of 2022 year end results that showed revenues up 80% to $59.3 million accompanied with strong profitability and positive cash flow, Beacon stuck to its $1.00 price target versus current trading in the $0.50 range. In 2022, Tornado designed and manufactured 143 hydrovac trucks, which are used for safe excavation in and […]
CALGARY, Alberta, April 20, 2023 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its audited consolidated financial results for the quarter and year ended December 31, 2022. The audited consolidated financial statements and related management discussion and analysis are available on the Company’s issuer profile in […]
“Don’t Just Watch This Tornado – Buy It” is the title of Beacon Securities initiating coverage from analyst Russell Stanley on Tornado Global Hydrovacs, a designer and manufacturer of hydrovac trucks. Mr. Stanley has set a stock price target of $1.00/share compared to the current trading range of $0.40 to $0.45. He writes that hydrovac […]
When it comes to “non-destructive” excavation for infrastructure, fiber optic, utility corridors or pipelines, more and more companies are turning to Tornado’s technologically advanced and long-life hydrovac trucks. Tornado has been delivering strong quarter over quarter revenue and profitability growth but in management’s view, this is just the beginning as it expands product lines throughout […]
CALGARY, Alberta, Jan. 24, 2023 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) is pleased to announce it will host a Zoom webinar to provide a business update. The Company through 2022 delivered consistent quarter over quarter revenue growth with accompanying profitability and anticipates a continuation of this […]