TORNADO2023-06-01T16:32:12+00:00

Tornado Global Hydrovacs Ltd. TSXV:TGH | OTCQX:TGHLF

Tornado has designed and manufactured more than 1,200 technologically advanced Hydrovac trucks for companies that provide safe and non-destructive excavation services for infrastructure, utility, fibre optic, pipeline and energy markets.

Tornado Hydrovac trucks utilize proprietary technology, which dramatically increases operational and safety efficiencies.

INVESTMENT CONSIDERATIONS
TORNADO IS A PIONEER & LEADER IN THE VACUUM TRUCK INDUSTRY

  • Designs & manufactures technologically advanced Hydrovac trucks
  • Growing need for safe excavation in and around critical infrastructure corridors and pipelines
  • Q1/2023 highest ever quarterly sales, Gross Profit and EBITDAS
  • Revenues soar 111% to $21 million compared to $9.9 million in the first quarter of 2022
  • Gross profit $3.44 million up from $2.34 million
  • Net income jumped to $785 thousand from $474 thousand
  • EBITDAS up 75% to $1.66 million from $946 thousand
  • 2022: Revenue $59.29 million + positive earnings & cash flow
  • Beacon Securities BUY recommendation
  • Beacon forecasts 2023 revenues of $90.8 million & $10.6 million EBITDA & $118 million & $19.5 million in 2024
  • Proprietary Intellectual Property (IP) – Vortex Control System
  • Co-development, minimum $43.85 USD four-year supply agreement with Ditch Witch, a division of Toro Co. (NYSE: TTC)
  • Total Ditch Witch IP Payment to Tornado = $6 million USD
  • United States distribution agreement with Custom Truck One Source (NSYSE: CTOS)
  • 63,500 SQ.FT. production & maintenance facility owned and located in Red Deer, AB
  • Insider ownership – 45%
Financial Performance
PRODUCTION FORECAST

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Capital Structure

September 30, 2021

Shares Outstanding: 135,871,119

Options: 5,975,000

1,300,000 – @ $0.23 – Exp Feb/26

650,000 – @ $0.27 – Exp May/24

1,700,000 – @ $0.32 – Exp June/26

2,325,000 – @ $0.51 – Exp May/24 – Oct/27

Fully Diluted: 141,846,119

Insider Ownership: 45%

Investor Presentation

Tornado Video & Media

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