FTAI Infrastructure Key Executives
This section highlights FTAI Infrastructure's key executives, including their titles and compensation details.
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FTAI Infrastructure Earnings
This section highlights FTAI Infrastructure's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-28 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-01 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-02 | $-0.36 | $-0.52 |
| Read Transcript | Q1 | 2024 | 2024-05-08 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-03-01 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-10-27 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-07-26 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-07 | N/A | N/A |
FTAI Infrastructure Inc. focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation and energy industries. It operates a multi-modal crude oil and refined products terminal, and other related assets. The company also has a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities; and a 1,660-acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities, including a power plant under construction. In addition, it operates five freight railroads and one switching facility. FTAI Infrastructure Inc. was incorporated in 2021 and is based in New York, New York. FTAI Infrastructure Inc. (NasdaqGS : FIP) operates independently of Fortress Transportation and Infrastructure Investors LLC as of August 1, 2022.
$4.36
Stock Price
$500.36M
Market Cap
670
Employees
New York, NY
Location
Financial Statements
Access annual & quarterly financial statements for FTAI Infrastructure, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $331.50M | $320.47M | $261.97M | $120.22M | $68.56M |
| Cost of Revenue | $- | $347.13M | $16.84M | $168.19M | $113.58M |
| Gross Profit | $331.50M | $-26.66M | $245.12M | $-47.98M | $-45.02M |
| Gross Profit Ratio | 100.00% | -8.32% | 93.57% | -39.91% | -65.66% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $14.80M | $12.83M | $23.86M | $24.38M | $21.59M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $14.80M | $12.83M | $23.86M | $24.38M | $21.59M |
| Other Expenses | $338.40M | $- | $278.91M | $152.56M | $100.50M |
| Operating Expenses | $353.20M | $12.83M | $302.76M | $176.93M | $122.10M |
| Cost and Expenses | $353.20M | $359.96M | $302.76M | $176.93M | $122.10M |
| Interest Income | $- | $- | $53.24M | $16.02M | $10.76M |
| Interest Expense | $122.11M | $99.60M | $53.24M | $16.02M | $10.76M |
| Depreciation and Amortization | $79.41M | $80.99M | $70.75M | $54.02M | $31.11M |
| EBITDA | $-61.23M | $23.32M | $-59.06M | $-39.94M | $-31.83M |
| EBITDA Ratio | -18.47% | 7.28% | -22.55% | -33.22% | -46.42% |
| Operating Income | $-21.70M | $-39.49M | $-111.36M | $-79.14M | $-56.55M |
| Operating Income Ratio | -6.55% | -12.32% | -42.51% | -65.83% | -82.48% |
| Total Other Income Expenses Net | $-241.05M | $-117.79M | $-141.02M | $-53.26M | $-20.17M |
| Income Before Tax | $-262.75M | $-157.28M | $-183.05M | $-109.97M | $-73.71M |
| Income Before Tax Ratio | -79.26% | -49.08% | -69.88% | -91.48% | -107.50% |
| Income Tax Expense | $3.31M | $2.47M | $4.47M | $-3.63M | $-1.98M |
| Net Income | $-223.65M | $-121.34M | $-187.52M | $-106.34M | $-71.72M |
| Net Income Ratio | -67.47% | -37.86% | -71.58% | -88.46% | -104.61% |
| EPS | $-2.07 | $-1.78 | $-1.89 | $-1.07 | $-0.72 |
| EPS Diluted | $-2.07 | $-1.78 | $-1.89 | $-1.07 | $-0.72 |
| Weighted Average Shares Outstanding | 108.22M | 102.96M | 99.45M | 99.19M | 99.19M |
| Weighted Average Shares Outstanding Diluted | 108.22M | 102.96M | 99.45M | 99.19M | 99.19M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.76M | $83.31M | $84.89M | $82.53M | $81.44M | $80.71M | $81.83M | $76.49M | $71.39M | $78.56M | $65.87M | $46.15M | $47.55M | $36.79M | $15.34M | $20.54M |
| Cost of Revenue | $- | $2.53M | $84.16M | $88.10M | $80.90M | $649.00K | $636.00K | $269.00K | $16.84M | $2.75M | $8.87M | $59.23M | $51.84M | $53.05M | $32.81M | $30.49M |
| Gross Profit | $80.76M | $80.78M | $723.00K | $-5.56M | $543.00K | $80.06M | $81.20M | $76.22M | $54.55M | $75.81M | $57.00M | $-13.08M | $-4.30M | $-16.26M | $-17.47M | $-9.95M |
| Gross Profit Ratio | 100.00% | 96.97% | 0.85% | -6.74% | 0.67% | 99.20% | 99.22% | 99.65% | 76.41% | 96.49% | 86.53% | -28.34% | -9.04% | -44.20% | -113.84% | -48.43% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $4.11M | $2.99M | $2.84M | $4.86M | $3.44M | $2.48M | $6.79M | $6.18M | $5.83M | $5.87M | $5.56M | $6.59M | $6.96M | $6.34M | $5.45M | $5.63M |
| Selling and Marketing Expenses | $- | $- | $-2.78M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $4.11M | $2.99M | $2.84M | $4.86M | $3.44M | $2.48M | $6.79M | $6.18M | $5.83M | $5.87M | $5.56M | $6.59M | $6.96M | $6.34M | $5.45M | $5.63M |
| Other Expenses | $81.08M | $80.32M | $6.96M | $2.37M | $2.61M | $2.39M | $1.37M | $85.30M | $78.22M | $79.07M | $66.55M | $55.06M | $-2.08M | $-6.24M | $-792.00K | $181.00K |
| Operating Expenses | $85.18M | $83.31M | $2.84M | $4.86M | $3.44M | $94.29M | $89.85M | $91.48M | $84.06M | $84.94M | $72.11M | $61.66M | $54.41M | $55.56M | $34.44M | $32.52M |
| Cost and Expenses | $85.18M | $88.05M | $87.00M | $92.96M | $84.34M | $94.29M | $89.85M | $91.48M | $84.06M | $84.94M | $72.11M | $61.66M | $54.41M | $55.56M | $34.44M | $32.52M |
| Interest Income | $- | $- | $- | $- | $- | $26.00M | $24.18M | $23.25M | $21.13M | $19.16M | $- | $- | $- | $- | $- | $- |
| Interest Expense | $33.31M | $31.51M | $29.69M | $27.59M | $26.17M | $26.00M | $24.18M | $23.25M | $21.13M | $19.16M | $6.49M | $6.46M | $6.62M | $4.38M | $3.53M | $1.48M |
| Depreciation and Amortization | $19.23M | $19.49M | $21.60M | $21.10M | $20.41M | $20.15M | $20.29M | $20.14M | $18.30M | $18.14M | $17.32M | $17.00M | $15.12M | $17.13M | $11.69M | $10.08M |
| EBITDA | $-70.79M | $9.19M | $3.41M | $198.00K | $6.58M | $-3.89M | $11.43M | $9.20M | $-17.26M | $-4.34M | $-12.21M | $-25.25M | $-4.48M | $-14.77M | $-17.56M | $-3.13M |
| EBITDA Ratio | -87.65% | 11.03% | 4.02% | 0.24% | 8.08% | -4.82% | 13.96% | 12.03% | -24.18% | -5.53% | -18.53% | -54.71% | -9.42% | -40.14% | -114.44% | -15.24% |
| Operating Income | $-4.42M | $-4.74M | $-2.12M | $-10.42M | $-2.90M | $12.29M | $-62.21M | $-10.40M | $-33.11M | $-19.59M | $-20.66M | $-38.01M | $-13.63M | $-24.54M | $-22.62M | $-12.26M |
| Operating Income Ratio | -5.47% | -5.69% | -2.49% | -12.63% | -3.56% | 15.23% | -76.02% | -13.59% | -46.38% | -24.94% | -31.36% | -82.36% | -28.66% | -66.70% | -147.43% | -59.66% |
| Total Other Income Expenses Net | $-118.92M | $-38.30M | $-45.76M | $-38.07M | $-51.66M | $-36.46M | $-25.03M | $-19.20M | $-42.79M | $-35.26M | $-29.77M | $-33.20M | $-12.59M | $-17.52M | $-13.68M | $-2.71M |
| Income Before Tax | $-123.34M | $-43.05M | $-47.87M | $-48.49M | $-40.01M | $-50.04M | $-33.05M | $-34.18M | $-56.69M | $-41.64M | $-36.01M | $-48.70M | $-26.22M | $-36.28M | $-32.77M | $-14.70M |
| Income Before Tax Ratio | -152.71% | -51.67% | -56.40% | -58.75% | -49.12% | -62.00% | -40.39% | -44.69% | -79.41% | -53.00% | -54.67% | -105.54% | -55.14% | -98.63% | -213.60% | -71.54% |
| Income Tax Expense | $1.33M | $-92.00K | $267.00K | $1.80M | $-90.00K | $8.00K | $823.00K | $1.73M | $-618.00K | $1.55M | $1.95M | $1.58M | $-875.00K | $-1.63M | $-715.00K | $-406.00K |
| Net Income | $-114.31M | $-32.99M | $-36.74M | $-39.61M | $-31.60M | $-40.12M | $-23.60M | $-35.91M | $-56.08M | $-43.19M | $-37.96M | $-50.29M | $-17.82M | $-27.29M | $-25.43M | $-9.33M |
| Net Income Ratio | -141.53% | -39.60% | -43.28% | -47.99% | -38.81% | -49.71% | -28.83% | -46.95% | -78.55% | -54.98% | -57.63% | -108.97% | -37.48% | -74.17% | -165.77% | -45.41% |
| EPS | $-0.83 | $-0.46 | $-0.35 | $-0.38 | $-0.31 | $-0.39 | $-0.23 | $-0.35 | $-0.56 | $-0.43 | $-0.39 | $-0.51 | $-0.18 | $-0.28 | $-0.26 | $-0.09 |
| EPS Diluted | $-0.83 | $-0.46 | $-0.35 | $-0.38 | $-0.31 | $-0.39 | $-0.23 | $-0.35 | $-0.56 | $-0.42 | $-0.38 | $-0.51 | $-0.18 | $-0.28 | $-0.26 | $-0.09 |
| Weighted Average Shares Outstanding | 113.86M | 109.72M | 105.04M | 104.19M | 103.43M | 102.82M | 102.79M | 102.79M | 99.45M | 99.39M | 98.27M | 99.19M | 98.99M | 99.19M | 97.83M | 99.19M |
| Weighted Average Shares Outstanding Diluted | 113.86M | 109.72M | 105.04M | 104.19M | 103.43M | 102.82M | 102.79M | 102.79M | 99.45M | 102.73M | 99.19M | 99.19M | 99.19M | 99.19M | 99.19M | 99.19M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.51M | $29.37M | $36.49M | $49.87M | $15.71M |
| Short Term Investments | $- | $- | $22.80M | $17.20M | $- |
| Cash and Short Term Investments | $1.51M | $29.37M | $36.49M | $49.87M | $15.71M |
| Net Receivables | $6.89M | $55.99M | $60.81M | $50.30M | $4.95M |
| Inventory | $311.00K | $300.00K | $113.16M | $251.98M | $39.72M |
| Other Current Assets | $26.20M | $99.85M | $-45.80M | $54.03M | $63.76M |
| Total Current Assets | $34.91M | $185.50M | $277.80M | $412.98M | $84.52M |
| Property Plant Equipment Net | $805.72M | $1.74B | $1.78B | $1.63B | $1.04B |
| Goodwill | $86.46M | $275.37M | $260.25M | $257.14M | $122.73M |
| Intangible Assets | $3.80M | $52.62M | $60.20M | $67.74M | $13.03M |
| Goodwill and Intangible Assets | $90.26M | $327.99M | $320.45M | $324.87M | $135.76M |
| Long Term Investments | $12.53M | $72.70M | $73.59M | $54.41M | $123.79M |
| Tax Assets | $-12.53M | $- | $- | $- | $- |
| Other Non-Current Assets | $-7.24M | $57.25M | $26.83M | $24.88M | $17.00M |
| Total Non-Current Assets | $901.27M | $2.19B | $2.20B | $2.03B | $1.31B |
| Other Assets | $1.44B | $- | $- | $- | $- |
| Total Assets | $2.37B | $2.38B | $2.48B | $2.44B | $1.40B |
| Account Payables | $176.43M | $130.80M | $136.05M | $115.63M | $52.28M |
| Short Term Debt | $55.77M | $7.22M | $7.04M | $2.90M | $25.89M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $18.60M | $12.62M | $16.49M | $10.93M | $4.19M |
| Total Current Liabilities | $250.79M | $150.64M | $159.58M | $129.47M | $82.36M |
| Long Term Debt | $1.60B | $1.40B | $1.29B | $786.13M | $313.48M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $67.10M | $87.53M | $236.13M | $64.66M | $7.77M |
| Total Non-Current Liabilities | $1.67B | $1.49B | $1.53B | $850.79M | $321.26M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.92B | $1.64B | $1.69B | $980.25M | $403.61M |
| Preferred Stock | $- | $325.23M | $264.59M | $- | $- |
| Common Stock | $1.14M | $1.01M | $994.00K | $1.62B | $999.29M |
| Retained Earnings | $- | $-182.17M | $-60.84M | $- | $- |
| Accumulated Other Comprehensive Income Loss | $-157.05M | $-178.51M | $-300.13M | $-155.46M | $-26.24M |
| Other Total Stockholders Equity | $739.78M | $843.97M | $911.60M | $- | $- |
| Total Stockholders Equity | $583.87M | $809.52M | $816.21M | $1.46B | $973.05M |
| Total Equity | $583.87M | $738.09M | $789.38M | $1.46B | $995.40M |
| Total Liabilities and Stockholders Equity | $2.37B | $2.38B | $2.48B | $2.44B | $1.40B |
| Minority Interest | $- | $-71.43M | $-26.83M | $-91.00K | $22.34M |
| Total Liabilities and Total Equity | $2.37B | $2.38B | $2.48B | $2.44B | $1.40B |
| Total Investments | $12.53M | $72.70M | $73.59M | $54.41M | $123.79M |
| Total Debt | $1.66B | $1.41B | $1.30B | $789.03M | $339.38M |
| Net Debt | $1.63B | $1.38B | $1.26B | $739.16M | $323.67M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | March 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $147.30M | $20.30M | $186.47M | $64.30M | $87.48M | $24.45M | $42.52M | $39.96M | $36.49M | $69.47M | $68.47M | $65.47M | $49.87M | $55.24M | $-15.71M | $65.47M |
| Short Term Investments | $- | $- | $- | $- | $- | $1.90M | $19.70M | $21.60M | $22.80M | $28.60M | $- | $- | $17.20M | $- | $31.41M | $- |
| Cash and Short Term Investments | $147.30M | $20.30M | $186.47M | $64.30M | $87.48M | $24.45M | $42.52M | $39.96M | $36.49M | $69.47M | $68.47M | $65.47M | $49.87M | $55.24M | $15.71M | $65.47M |
| Net Receivables | $52.99M | $55.17M | $52.22M | $53.91M | $77.39M | $64.69M | $56.38M | $71.80M | $60.81M | $78.14M | $88.57M | $36.53M | $50.30M | $85.85M | $- | $36.53M |
| Inventory | $- | $- | $- | $1 | $300.00K | $53.48M | $54.96M | $68.47M | $113.16M | $127.17M | $177.95M | $214.40M | $251.98M | $4.70M | $- | $- |
| Other Current Assets | $19.56M | $171.60M | $203.92M | $87.65M | $20.33M | $37.34M | $60.58M | $58.82M | $-45.80M | $77.77M | $264.65M | $61.58M | $60.83M | $341.95M | $- | $275.98M |
| Total Current Assets | $219.85M | $247.07M | $284.24M | $162.03M | $185.50M | $179.96M | $214.44M | $239.05M | $277.80M | $352.54M | $427.59M | $377.99M | $412.98M | $487.74M | $15.71M | $377.99M |
| Property Plant Equipment Net | $1.72B | $1.69B | $1.71B | $1.72B | $1.74B | $1.77B | $1.79B | $1.79B | $1.78B | $1.75B | $1.70B | $1.65B | $1.63B | $1.60B | $- | $1.62B |
| Goodwill | $275.37M | $275.37M | $275.37M | $275.37M | $275.37M | $275.37M | $260.25M | $260.25M | $260.25M | $263.11M | $262.82M | $257.97M | $257.14M | $239.94M | $- | $257.97M |
| Intangible Assets | $46.23M | $47.24M | $48.84M | $50.73M | $52.62M | $54.52M | $56.41M | $58.31M | $60.20M | $62.08M | $63.98M | $65.86M | $67.74M | $72.08M | $- | $65.86M |
| Goodwill and Intangible Assets | $321.60M | $322.60M | $324.20M | $326.10M | $327.99M | $329.88M | $316.67M | $318.56M | $320.45M | $325.19M | $326.80M | $323.83M | $324.87M | $312.02M | $- | $323.83M |
| Long Term Investments | $12.53M | $54.15M | $79.77M | $84.78M | $84.40M | $70.14M | $70.25M | $72.32M | $73.59M | $74.53M | $76.91M | $55.38M | $54.41M | $89.29M | $- | $55.38M |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $99.01M | $119.91M | $54.01M | $56.46M | $45.55M | $38.36M | $44.53M | $27.09M | $26.83M | $26.09M | $24.35M | $26.47M | $24.88M | $20.29M | $-15.71M | $62.20M |
| Total Non-Current Assets | $2.15B | $2.19B | $2.17B | $2.18B | $2.19B | $2.21B | $2.22B | $2.21B | $2.20B | $2.17B | $2.13B | $2.06B | $2.03B | $2.02B | $-15.71M | $2.06B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.37B | $2.44B | $2.45B | $2.34B | $2.38B | $2.39B | $2.44B | $2.45B | $2.48B | $2.53B | $2.56B | $2.44B | $2.44B | $2.51B | $- | $2.44B |
| Account Payables | $176.43M | $152.96M | $111.57M | $139.66M | $130.80M | $135.82M | $122.49M | $132.65M | $136.05M | $150.86M | $162.10M | $91.97M | $115.63M | $128.20M | $- | $- |
| Short Term Debt | $7.17M | $14.54M | $14.44M | $92.17M | $7.22M | $13.86M | $38.18M | $14.25M | $7.04M | $14.44M | $5.95M | $5.84M | $5.80M | $25.00M | $- | $2.92M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $5.80M | $-135.82M | $-122.49M | $-132.65M | $- | $-150.86M | $-162.10M | $- | $- | $- | $- | $- |
| Other Current Liabilities | $67.20M | $6.18M | $11.61M | $7.94M | $12.62M | $12.73M | $21.39M | $7.78M | $16.49M | $6.49M | $6.85M | $5.42M | $8.04M | $15.82M | $- | $100.31M |
| Total Current Liabilities | $250.79M | $173.68M | $137.62M | $239.77M | $150.64M | $162.41M | $182.06M | $154.68M | $159.58M | $171.79M | $174.89M | $103.23M | $129.47M | $169.03M | $- | $103.23M |
| Long Term Debt | $60.89M | $1.60B | $1.62B | $1.33B | $1.40B | $1.38B | $1.34B | $1.34B | $1.29B | $1.25B | $795.58M | $795.51M | $786.13M | $760.92M | $- | $66.91M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $1.61B | $46.38M | $53.11M | $114.07M | $87.53M | $62.09M | $90.89M | $156.00M | $236.13M | $291.58M | $243.95M | $189.17M | $64.66M | $45.29M | $- | $917.77M |
| Total Non-Current Liabilities | $1.67B | $1.64B | $1.67B | $1.44B | $1.49B | $1.75B | $1.72B | $1.77B | $1.53B | $1.80B | $1.04B | $984.68M | $850.79M | $806.21M | $- | $984.68M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.92B | $1.82B | $1.81B | $1.68B | $1.64B | $1.91B | $1.91B | $1.93B | $1.69B | $1.97B | $1.21B | $1.09B | $980.25M | $975.23M | $- | $1.09B |
| Preferred Stock | $381.22M | $366.91M | $359.82M | $342.21M | $325.23M | $310.40M | $294.42M | $279.16M | $264.59M | $251.96M | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.14M | $1.14M | $1.02M | $1.02M | $1.01M | $994.00K | $994.00K | $994.00K | $994.00K | $994.00K | $1.66B | $1.61B | $1.62B | $1.63B | $- | $- |
| Retained Earnings | $-409.50M | $-291.51M | $-258.52M | $-221.78M | $-182.17M | $-150.57M | $-110.45M | $-86.86M | $-60.84M | $-14.37M | $- | $- | $- | $- | $- | $- |
| Accumulated Other Comprehensive Income Loss | $-157.05M | $-124.59M | $-151.27M | $-199.64M | $-178.51M | $-179.23M | $-184.73M | $-247.29M | $-300.13M | $-342.12M | $-300.13M | $-252.41M | $-155.46M | $-105.16M | $973.05M | $-252.41M |
| Other Total Stockholders Equity | $255.65M | $301.24M | $803.60M | $822.96M | $843.97M | $862.67M | $874.73M | $892.99M | $911.60M | $929.09M | $- | $- | $- | $-1 | $22.34M | $1.60B |
| Total Stockholders Equity | $71.46M | $253.19M | $754.65M | $744.76M | $809.52M | $533.87M | $580.54M | $559.84M | $816.21M | $573.59M | $1.36B | $1.36B | $1.46B | $1.53B | $995.40M | $1.35B |
| Total Equity | $-56.05M | $135.61M | $646.48M | $662.74M | $738.09M | $470.45M | $531.40M | $520.42M | $789.38M | $555.85M | $1.35B | $1.35B | $1.46B | $1.53B | $995.40M | $1.35B |
| Total Liabilities and Stockholders Equity | $2.37B | $2.44B | $2.45B | $2.34B | $2.38B | $2.39B | $2.44B | $2.45B | $2.48B | $2.53B | $2.56B | $2.44B | $2.44B | $2.51B | $995.40M | $2.44B |
| Minority Interest | $-127.51M | $-117.58M | $-108.16M | $-82.02M | $-71.43M | $-63.41M | $-49.15M | $-39.41M | $-26.83M | $-17.74M | $-10.76M | $-6.85M | $-91.00K | $6.67M | $- | $- |
| Total Liabilities and Total Equity | $2.37B | $2.44B | $2.45B | $2.34B | $2.38B | $2.39B | $2.44B | $2.45B | $2.48B | $2.53B | $2.56B | $2.44B | $2.44B | $2.51B | $995.40M | $2.44B |
| Total Investments | $12.53M | $54.15M | $79.77M | $84.78M | $84.40M | $70.14M | $70.25M | $72.32M | $73.59M | $74.53M | $76.91M | $55.38M | $54.41M | $89.29M | $31.41M | $55.38M |
| Total Debt | $68.06M | $1.60B | $1.62B | $1.41B | $1.41B | $1.39B | $1.37B | $1.34B | $1.30B | $1.26B | $798.55M | $798.43M | $789.03M | $785.92M | $- | $69.83M |
| Net Debt | $-79.23M | $1.58B | $1.44B | $1.35B | $1.32B | $1.36B | $1.33B | $1.30B | $1.26B | $1.19B | $730.08M | $732.96M | $739.16M | $730.68M | $15.71M | $4.36M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-266.06M | $-159.75M | $-187.52M | $-106.34M | $-71.72M |
| Depreciation and Amortization | $79.41M | $80.99M | $70.75M | $54.02M | $31.11M |
| Deferred Income Tax | $5.60M | $2.02M | $3.98M | $-3.87M | $-2.28M |
| Stock Based Compensation | $8.64M | $9.20M | $4.15M | $4.04M | $2.33M |
| Change in Working Capital | $14.13M | $37.70M | $-8.80M | $-23.50M | $-15.86M |
| Accounts Receivables | $2.13M | $2.84M | $-3.30M | $-26.80M | $10.00M |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $20.97M | $8.55M | $7.01M | $15.49M | $-14.22M |
| Other Working Capital | $-8.98M | $26.31M | $-12.51M | $-12.19M | $-11.63M |
| Other Non Cash Items | $143.01M | $35.35M | $74.75M | $13.94M | $9.56M |
| Net Cash Provided by Operating Activities | $-15.28M | $5.51M | $-42.69M | $-61.72M | $-46.86M |
| Investments in Property Plant and Equipment | $- | $-100.75M | $-217.14M | $-140.90M | $-247.52M |
| Acquisitions Net | $-3.83M | $-11.53M | $-9.81M | $-682.31M | $-4.69M |
| Purchases of Investments | $- | $-7.08M | $-47.45M | $-10.00M | $-4.69M |
| Sales Maturities of Investments | $- | $- | $47.45M | $10.00M | $9.38M |
| Other Investing Activities | $-114.31M | $-27.77M | $-40.31M | $-5.51M | $-4.69M |
| Net Cash Used for Investing Activities | $-118.14M | $-147.12M | $-267.27M | $-828.72M | $-252.22M |
| Debt Repayment | $250.83M | $106.22M | $519.02M | $451.10M | $24.00M |
| Common Stock Issued | $- | $- | $274.57M | $698.18M | $325.44M |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $-27.79M | $-14.13M | $-4.84M | $- | $- |
| Other Financing Activities | $-29.81M | $-12.64M | $-356.36M | $685.77M | $313.63M |
| Net Cash Used Provided by Financing Activities | $193.23M | $79.45M | $157.74M | $1.14B | $337.63M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $59.82M | $-62.16M | $-152.21M | $246.43M | $38.55M |
| Cash at End of Period | $147.30M | $87.48M | $149.64M | $301.86M | $55.42M |
| Cash at Beginning of Period | $87.48M | $149.64M | $301.86M | $55.42M | $16.87M |
| Operating Cash Flow | $-15.28M | $5.51M | $-42.69M | $-61.72M | $-46.86M |
| Capital Expenditure | $- | $-100.75M | $-217.14M | $-140.90M | $-247.52M |
| Free Cash Flow | $-15.28M | $-95.23M | $-259.83M | $-202.61M | $-294.38M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-124.67M | $-65.05M | $-36.74M | $-39.61M | $-31.60M | $-50.05M | $-33.87M | $-35.91M | $-56.08M | $-43.19M | $-37.96M | $-50.29M | $-25.34M | $-34.65M | $-32.06M | $-14.29M | $-50.29M |
| Depreciation and Amortization | $19.23M | $17.48M | $21.60M | $21.10M | $20.41M | $20.15M | $20.29M | $20.14M | $18.30M | $18.14M | $17.32M | $17.00M | $15.12M | $17.13M | $11.69M | $10.08M | $17.00M |
| Deferred Income Tax | $733.00K | $-306.00K | $156.00K | $1.34M | $-132.00K | $38.00K | $563.00K | $1.55M | $-869.00K | $1.52M | $1.81M | $1.51M | $-947.00K | $-1.68M | $-772.00K | $-466.00K | $1.51M |
| Stock Based Compensation | $1.87M | $2.63M | $1.80M | $2.34M | $3.38M | $4.28M | $642.00K | $895.00K | $1.10M | $1.38M | $956.00K | $709.00K | $757.00K | $728.00K | $1.44M | $1.11M | $709.00K |
| Change in Working Capital | $785.00K | $11.35M | $-18.13M | $6.78M | $9.46M | $23.23M | $3.15M | $1.86M | $9.12M | $38.30M | $-36.63M | $-6.75M | $13.13M | $-387.00K | $-13.15M | $-23.09M | $16.92M |
| Accounts Receivables | $1.88M | $-3.00M | $1.35M | $1.91M | $8.39M | $-10.05M | $15.33M | $-10.82M | $17.17M | $10.11M | $-44.33M | $13.74M | $35.47M | $-6.73M | $-54.68M | $-855.00K | $13.74M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $3.29M | $30.46M | $-21.99M | $9.21M | $4.35M | $20.57M | $-18.18M | $1.81M | $-16.19M | $10.26M | $32.43M | $-19.49M | $-31.02M | $-3.97M | $63.48M | $-13.01M | $- |
| Other Working Capital | $-4.39M | $-16.11M | $2.51M | $-4.34M | $-3.27M | $12.71M | $6.00M | $9.01M | $8.13M | $17.93M | $-24.73M | $-1.01M | $8.68M | $10.31M | $-21.95M | $-9.23M | $3.18M |
| Other Non Cash Items | $94.00M | $58.15M | $69.61M | $37.33M | $6.20M | $17.07M | $4.44M | $-667.00K | $23.42M | $14.39M | $13.26M | $23.68M | $5.37M | $6.84M | $8.70M | $-6.98M | $- |
| Net Cash Provided by Operating Activities | $-8.05M | $24.27M | $-27.34M | $-4.15M | $7.73M | $14.72M | $-4.79M | $-12.14M | $-5.00M | $30.53M | $-41.24M | $-14.15M | $8.08M | $-12.02M | $-24.15M | $-33.63M | $-14.15M |
| Investments in Property Plant and Equipment | $-27.88M | $28.62M | $-15.37M | $-13.26M | $-22.03M | $-13.02M | $-25.84M | $-39.86M | $-44.91M | $-58.31M | $-62.19M | $-51.73M | $-43.39M | $-23.49M | $-42.24M | $-31.77M | $-51.73M |
| Acquisitions Net | $-1.55M | $-634.00K | $91.00K | $20.00K | $1.57M | $-2.75M | $-1.19M | $-6.57M | $-1.51M | $-1.74M | $-4.93M | $-1.64M | $-415.00K | $-682.24M | $2.34M | $-2.00M | $- |
| Purchases of Investments | $62.00K | $6.64M | $-1.03M | $-5.61M | $-1.01M | $-29.04M | $-1.50M | $-20.50M | $-27.45M | $-15.00M | $-5.00M | $-1.64M | $-10.00M | $-54.50M | $650.00K | $-650.00K | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $-1 | $- | $- | $20.50M | $27.45M | $15.00M | $5.00M | $- | $10.00M | $-345.00K | $-650.00K | $650.00K | $- |
| Other Investing Activities | $867.00K | $-71.61M | $-17.50M | $-18.85M | $15.00M | $161.00K | $1.01M | $-20.41M | $-25.97M | $-13.65M | $-2.79M | $2.09M | $-5.51M | $-54.84M | $650.00K | $-650.00K | $455.00K |
| Net Cash Used for Investing Activities | $-28.50M | $-36.99M | $-33.81M | $-18.85M | $-6.47M | $-44.65M | $-27.51M | $-66.84M | $-72.40M | $-73.69M | $-69.90M | $-51.27M | $-49.31M | $-705.74M | $-39.25M | $-34.42M | $-51.27M |
| Debt Repayment | $48.74M | $-5.59M | $207.69M | $- | $19.25M | $20.37M | $25.00M | $41.60M | $36.65M | $472.93M | $- | $9.45M | $- | $425.00M | $4.50M | $21.60M | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $-15.00K | $163.19M | $77.13M | $34.27M | $698.18M | $-121.57M | $90.58M | $31.00M | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-8.36M | $-13.13M | $-6.30M | $-16.98M | $-4.88M | $-3.08M | $-3.09M | $-3.08M | $-4.84M | $-79.00K | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-1.16M | $-373.00K | $-18.07M | $-454.00K | $-4.43M | $-6.91M | $-563.00K | $-739.00K | $-1.41M | $-466.64M | $77.69M | $33.99M | $4.45M | $561.06M | $89.83M | $30.44M | $43.44M |
| Net Cash Used Provided by Financing Activities | $39.22M | $-19.09M | $183.32M | $-189.00K | $8.29M | $10.38M | $21.35M | $37.78M | $30.41M | $6.21M | $77.69M | $43.44M | $4.45M | $986.06M | $94.33M | $52.04M | $43.44M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-1.89M | $31.09M | $32.63M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $2.66M | $-41.83M | $122.17M | $-23.18M | $9.55M | $-19.56M | $-10.95M | $-41.21M | $-46.99M | $-49.79M | $-33.46M | $-21.98M | $-36.79M | $268.30M | $30.93M | $-16.01M | $-21.98M |
| Cash at End of Period | $147.30M | $144.63M | $186.47M | $64.30M | $87.48M | $77.92M | $97.48M | $108.43M | $149.64M | $196.63M | $246.42M | $279.88M | $301.86M | $338.64M | $70.34M | $39.41M | $279.88M |
| Cash at Beginning of Period | $144.63M | $186.47M | $64.30M | $87.48M | $77.92M | $97.48M | $108.43M | $149.64M | $196.63M | $246.42M | $279.88M | $301.86M | $338.64M | $70.34M | $39.41M | $55.42M | $301.86M |
| Operating Cash Flow | $-8.05M | $13.87M | $-27.34M | $-4.15M | $7.73M | $14.72M | $-4.79M | $-12.14M | $-5.00M | $30.53M | $-41.24M | $-14.15M | $8.08M | $-12.02M | $-24.15M | $-33.63M | $-14.15M |
| Capital Expenditure | $-27.88M | $-26.32M | $-15.37M | $-13.26M | $-22.03M | $-13.02M | $-25.84M | $-39.86M | $-44.91M | $-58.31M | $-62.19M | $-51.73M | $-43.39M | $-23.49M | $-42.24M | $-31.77M | $-51.73M |
| Free Cash Flow | $-35.93M | $-12.08M | $-42.71M | $-17.40M | $-14.31M | $1.70M | $-30.62M | $-52.01M | $-49.91M | $-27.78M | $-103.43M | $-65.88M | $-35.31M | $-35.51M | $-66.39M | $-65.40M | $-65.88M |
FTAI Infrastructure Dividends
Explore FTAI Infrastructure's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
3.54%
Dividend Payout Ratio
-12.43%
Dividend Paid & Capex Coverage Ratio
-0.55x
FTAI Infrastructure Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.03 | $0.03 | March 14, 2025 | March 14, 2025 | March 26, 2025 | February 27, 2025 |
| $0.03 | $0.03 | November 12, 2024 | November 12, 2024 | November 19, 2024 | October 30, 2024 |
| $0.03 | $0.03 | August 12, 2024 | August 12, 2024 | August 20, 2024 | August 01, 2024 |
| $0.03 | $0.03 | May 16, 2024 | May 17, 2024 | May 29, 2024 | May 07, 2024 |
| $0.03 | $0.03 | March 26, 2024 | March 27, 2024 | April 05, 2024 | February 29, 2024 |
| $0.03 | $0.03 | November 08, 2023 | November 09, 2023 | November 16, 2023 | October 26, 2023 |
| $0.03 | $0.03 | August 07, 2023 | August 08, 2023 | August 15, 2023 | July 25, 2023 |
| $0.03 | $0.03 | May 12, 2023 | May 15, 2023 | May 26, 2023 | May 02, 2023 |
| $0.03 | $0.03 | March 13, 2023 | March 14, 2023 | March 28, 2023 | March 01, 2023 |
| $0.03 | $0.03 | November 10, 2022 | November 14, 2022 | November 28, 2022 | November 01, 2022 |
FTAI Infrastructure News
Read the latest news about FTAI Infrastructure, including recent articles, headlines, and updates.
FTAI Infrastructure Inc. Announces Timing of First Quarter 2025 Earnings and Conference Call
NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the first quarter 2025 after the closing of Nasdaq on Thursday, May 8, 2025. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.
FTAI Infrastructure Inc. (FIP) Q4 2024 Earnings Call Transcript
FTAI Infrastructure Inc. (NASDAQ:FIP ) Q4 2024 Earnings Conference Call February 28, 2025 8:00 AM ET Company Participants Alan Andreini - Head, Investor Relations Ken Nicholson - Chief Executive Officer Conference Call Participants Giuliano Bologna - Compass Point Brian McKenna - Citizens Greg Lewis - BTIG Operator Good day, and thank you for standing by. Welcome to the FTAI Infrastructure Fourth Quarter 2024 Earnings Conference Call.
FTAI Infrastructure Inc. Reports Fourth Quarter and Full Year 2024 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the fourth quarter and full year 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
FTAI Infrastructure Inc. Announces Timing of Fourth Quarter and Full Year 2024 Earnings and Conference Call
NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the fourth quarter and full year 2024 after the closing of Nasdaq on Thursday, February 27, 2025. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.
FTAI Infrastructure Inc. (FIP) Q3 2024 Earnings Call Transcript
FTAI Infrastructure Inc. (NASDAQ:FIP ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Alan Andreini - Head of Investor Relations Ken Nicholson - Chief Executive Officer & President Conference Call Participants Giuliano Bologna - Compass Point Brian McKenna - Citizens JMP Sherif Elmaghrabi - BTIG Operator Hello, and welcome to FTAI Infrastructure Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
FTAI Infrastructure Inc. Reports Third Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the third quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
FTAI Infrastructure Inc. Announces Timing of Third Quarter 2024 Earnings and Conference Call
NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the third quarter 2024 after the closing of Nasdaq on Wednesday, October 30, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.
FTAI Infrastructure: Valuation Has Gone Off The Rails And Momentum Is Losing Steam
FTAI Infrastructure owns North American energy infrastructure assets. The company recently reported Q2'24 earnings with revenue miss but positive EBITDA; performance seems to be going well across business units. However, given high maintenance capex and interest expense are significant detractors from EBITDA, the valuation doesn't appear as cheap as it is at first glance.
Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging
In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 2000 remains a more appropriate benchmark for comparison. Top gainers include FTAI Aviation and FTAI Infrastructure, while top detractors include Latch and Industrial Short.
FTAI Infrastructure Inc (FIP) Q2 2024 Earnings Call Transcript
FTAI Infrastructure Inc (NASDAQ:FIP ) Q2 2024 Results Conference Call August 2, 2024 8:00 AM ET Company Participants Alan Andreini - Head of Investor Relations Ken Nicholson - CEO & President Conference Call Participants Giuliano Bologna - Compass Point Brian McKenna - Citizens JMP Sherif Elmaghrabi - BTIG Operator Good day, and thank you for standing by. Welcome to the Second Quarter 2024 FTAI Infrastructure Earnings Conference Call.
FTAI Infrastructure Inc. Reports Second Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the second quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
FTAI Infrastructure Inc. Announces Timing of Second Quarter 2024 Earnings and Conference Call
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the second quarter 2024 after the closing of Nasdaq on Thursday, August 1, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.
Canadian Solar Announces Operation of First FIP Projects in Japan and PPA Signing with Toyota Tsusho
GUELPH, ON , June 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its first portfolio of Japan's feed-in premium (FIP) PV projects began commercial operation on June 1, 2024. The projects that have reached commercial operation include a 1.2 MWp project in Tsukuba City, Ibaraki Prefecture and a 1.9 MWp project in Daisen Town, Tottori Prefecture.
FTAI Infrastructure: American Hard Assets With Upside
FTAI Infrastructure is initiated with a buy rating and a price target of $11 per share by 1Q2025. Cash flows from Transtar's performance will enable FIP to finalize agreements on its remaining segments, unlocking accretive EBITDA by 4Q2024. The company has the potential to generate around $200 million in EBITDA by 2Q2025, translating to an intrinsic value of $14 per share.
Jefferson Energy, Aramco Trading Americas Execute Agreement for Bi-Directional Flow on Jefferson Southern Star Pipeline; Will Provide Access from Marketlink Pipeline to Jefferson Energy's Beaumont Terminal
Jefferson Energy, Aramco Trading Americas Execute Agreement for Bi-Directional Flow on Jefferson Southern Star Pipeline; Will Provide Access from Marketlin
FTAI Infrastructure Inc. (FIP) Q1 2024 Earnings Call Transcript
FTAI Infrastructure Inc. (NASDAQ:FIP ) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Ken Nicholson - Chief Executive Officer Scott Christopher - Chief Financial Officer Alan Andreini - Investor Relations Conference Call Participants Guiliano Bologna - Compass Point Operator Good day and thank you for standing by. Welcome to the Q1, 2024, FTAI Infrastructure Earnings Conference Call.
FTAI Infrastructure Inc. Reports First Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the first quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
FTAI Infrastructure Inc. Announces Timing of First Quarter 2024 Earnings and Conference Call
NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the first quarter 2024 after the closing of Nasdaq on Tuesday, May 7, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.
FTAI Infrastructure Inc. Reports Fourth Quarter and Full Year 2023 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the fourth quarter and full year 2023. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
FTAI Infrastructure Inc. Announces Timing of Fourth Quarter and Full Year 2023 Earnings and Conference Call
NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the fourth quarter and full year 2023 after the closing of Nasdaq on Thursday, February 29, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.
FTAI Infrastructure: Transtar's Profitability And Growth Amidst Diverse Assets
FTAI Infrastructure owns and operates interesting infrastructure assets in railroads, ports and terminals, and power and energy. The company is focusing on running all of its properties at a profit. So far, the railroad business is proving to be the true cash cow.
FTAI Infrastructure Inc. (FIP) Q3 2023 Earnings Call Transcript
FTAI Infrastructure Inc. (NASDAQ:FIP ) Q3 2023 Results Conference Call October 27, 2023 8:00 AM ET Company Participants Alan Andreini - IR Ken Nicholson - CEO Conference Call Participants Giuliano Bologna - Compass Point Operator Good day, and welcome to the Q3 2023 FTAI Infrastructure Earnings Conference Call. As a reminder, this call is being recorded.
FTAI Infrastructure Inc. Reports Third Quarter 2023 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the third quarter 2023. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
FTAI Infrastructure Inc. Announces Timing of Third Quarter Earnings and Conference Call
NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the third quarter 2023 after the closing of Nasdaq on Thursday, October 26, 2023. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.
FTAI Infrastructure Inc. Reports Second Quarter 2023 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the second quarter 2023. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
FTAI Infrastructure Inc. Announces Timing of Second Quarter Earnings and Conference Call
NEW YORK, July 06, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the second quarter 2023 after the closing of Nasdaq on Tuesday, July 25, 2023. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/ .
Oatey Adds Supply Lines and Quarter Turn Stop Valves to its Product Assortment
CLEVELAND--(BUSINESS WIRE)--Oatey Co., a leading manufacturer in the plumbing industry since 1916, now offers a robust assortment of supply lines and quarter turn stop valves under the Oatey brand, available at wholesalers throughout the U.S. Oatey Supply Lines are designed to quickly and easily connect the water supply to appliances and are available in multiple connection types and lengths to meet any jobsite need. Built with a durable, corrosion-resistant, double-walled PVC tube, Oatey connectors bend freely and work with hot or cold water. Made of high-quality, braided stainless steel and vinyl, the supply lines are available for multiple applications including dishwashers, water heaters, ice makers, faucets, and washing machines. They also feature rigid supply risers made of high-quality copper and available in polished chrome finishes. Oatey quarter-turn water stop valves provide easy on/off operation for controlling the flow of water and are designed for connections where a water line passes through a wall. With a brass forged body and solid brass stem ensure to strength and durability, the valves are available in a variety of connection types including copper compression, FIP, copper sweat, PEX, CPVC, push connect and coarse thread. Featuring an internal corrosion-resistant brass ball to ensure durability, they also include PTFE seats which allow for easy valve operation. Every valve is pressure leak tested, ensuring the high-quality performance that Oatey is known for. For more information, visit oatey.com. ABOUT OATEY CO. Since 1916, Oatey has provided reliable, high-quality products for the residential and commercial plumbing industries, with a commitment to delivering quality, building trust and improving lives. Today, Oatey operates a comprehensive manufacturing and distribution network to supply thousands of products for professional builders, contractors, engineers and do-it-yourself consumers around the world. Oatey is based in Cleveland, Ohio, and has locations in the United States, Canada, Mexico and China. For more information, visit www.oatey.com, call (800) 321-9532 or follow Oatey on Facebook, Twitter, LinkedIn or Instagram.
EDGE Reinforces Presence in Southeast Asia with Impressive Product Display at LIMA 2023
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--EDGE, one of the world’s leading and fastest growing advanced technology and defence groups, is proud to be bolstering its presence in Southeast Asia by participating at the 16th edition of Langkawi International Maritime and Aerospace Exhibition (LIMA) 2023, one of the most significant maritime and aerospace exhibitions in the Asia-Pacific region. EDGE will showcase a diverse product portfolio that can be tailored to the region’s specific requirements in line with its ambition to expand its global footprint. With a clear focus on autonomous systems and smart weapons, EDGE will highlight its technologically-advanced defence solutions throughout the five-day event, which takes place on the island of Langkawi, Malaysia, from 23 to 27 May. It also enables EDGE to strengthen its partnerships within the local industry ecosystem, drive support for indigenous defence in important markets such as Malaysia, Indonesia, Thailand, and Vietnam, and to showcase its broad range of capabilities. Mansour AlMulla, Managing Director and CEO of EDGE, said: “We are proud to be showcasing our advanced capabilities across air, land, and maritime domains at LIMA 2023, as well as developing strategic relationships in Southeast Asia. The UAE and Malaysia share a warm history of cooperation, and we are committed to strengthening these ties even further by developing valuable partnerships across the region. Following the visit of His Majesty Al-Sultan Abdullah Sultan Ahmad Shah the King of Malaysia to the UAE earlier this year, I personally look forward to attending this event to engage with industry leaders and key stakeholders. LIMA provides us with a unique opportunity to grow local supply chains, and assist in the development of air and naval defence capabilities in Malaysia and beyond.” During the exhibition, seven of EDGE’s portfolio companies will display innovative solutions that provide high levels of mission flexibility, exemplifying EDGE’s advanced designs and manufacturing capabilities in the area of autonomous air and land systems, naval systems, precision-guided munitions, and small arms. In the domain of autonomous air systems, EDGE will showcase the HUNTER SP (Soldier Portable) unmanned aerial vehicle (UAV), the tube-launched HUNTER 2-S swarming UAV system, and the REACH-S unmanned combat aerial vehicle (UCAV). The QX-1, QX-2, QX-3 loitering munitions will also be displayed, along with the GARMOOSHA rotary-wing UAV. Autonomous land systems and solutions will be represented by MILREM’s THeMIS Combat unmanned ground vehicle (UGV). EDGE’s advanced naval capabilities will include the 160 ITEP (Inshore Tactical Engagement Platform), 120 FIP (Fast Inshore Platform), 510 OPV (Offshore Patrol Vessel), as well as the launch of a new corvette that meets regional requirements. EDGE will also showcase its multi-range DESERT STING air-to-surface precision-guided munitions, the SKYKNIGHT air defence missile, the AL TARIQ-S (Standard Range), and AL TARIQ-LR (Long Range) advanced, modular precision-guided munitions, in addition to the RASH 1-M, RASH 2-H, and RASH 2-M precision-guided munition systems. For small arms and ammunition, EDGE will display its CARACAL F pistols, CMP 9 submachine guns, the CAR 816 assault rifle, the CSR 50 sniper rifle, underscoring an innovative approach to producing accurate, modular firearms. Additionally, EDGE will display its full range of small calibre ammunition, including 40mm, 60mm, 81mm, and 120mm ammunition in multiple grains and variants such as tracer, armour piercing, and full metal jacket. Attendees of LIMA 2023 can visit EDGE at stand A07 at the Mahsuri International Exhibition Centre (MIEC) in Langkawi, Malaysia. About EDGE Launched in November 2019, the UAE’s EDGE is one of the world’s leading advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency, to position the UAE as a leading global hub for future industries, and to creating clear paths within the sector for the next generation of highly-skilled talent to thrive. With a focus on the adoption of 4IR technologies, EDGE is driving the development of sovereign capabilities for global export and for the preservation of national security, working with front-line operators, international partners, and adopting advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials. EDGE converges R&D, emerging technologies, digital transformation, and commercial market innovations with military capabilities to develop disruptive solutions tailored to the specific requirements of its customers. Headquartered in Abu Dhabi, capital of the UAE, EDGE consolidates more than 20 entities into four core clusters: Platforms & Systems, Missiles & Weapons, Electronic Warfare & Cyber Technologies, and Trading & Mission Support. For more information, visit edgegroup.ae *Source: AETOSWire
FTAI Infrastructure Inc. (FIP) Q1 2023 Earnings Call Transcript
FTAI Infrastructure Inc. (NASDAQ:FIP ) Q1 2023 Earnings Conference Call May 3, 2023 8:00 AM ET Company Participants Alan Andreini - Head, Investor Relations Ken Nicholson - Chief Executive Officer Scott Christopher - Chief Financial Officer Conference Call Participants Giuliano Bologna - Compass Point Operator Hello. Thank you for standing by.
Group of Shareholders Opposes Equifax offer to Acquire Boa Vista
SÃO PAULO--(BUSINESS WIRE)--A group of investors of Boa Vista signed a letter delivered to the Board of Directors at the end of February to state that they do not accept the offer of R$ 8 per share to merge Boa Vista with the non-operational Brazilian subsidiary of Equifax. The shareholders TMG II FIP - Multiestratégia, Brizo Capital, LP, Madison Avenue International LP and Absolute Investimentos (“Minority Shareholders”) are part of said group and do not believe the offer reflects the real value of Boa Vista, and particularly does not reflect the value for Equifax of becoming the second largest player in the Brazilian credit service market, a fact that would allow Equifax to become the leader in Latin America. The implicit multiple in the offer, 8.9x of Boa Vista’s EBITDA, is low, particularly when compared with the 19.3x multiple for Equifax at the time of the offer. Since its IPO in 2020 on the B3 exchange, Boa Vista’s revenue has had double digit yearly growth rates and has more than doubled its EBITDA, despite the economic turbulence caused by the pandemic. The company’s database and its strategic value in the region are unique and ensure an advantage to whomever acquires them, elements also not considered in the current offer, stresses the group. In addition to this, Boa Vista has more than R$ 1 billion in net cash and has been consistently growing more rapidly than Equifax, all elements that justify a much higher price, explains the group. At this price, the Minority Shareholders believe that the shareholders are better served by keeping Boa Vista independent. Despite statements in the press to the contrary, the closing of this acquisition is still subject to the approval of the shareholders of Boa Vista in an extraordinary general meeting (EGM) that has still not been convened. From the Minority Shareholders’ point of view, it is reasonable to question the right to vote in the EGM for both Equifax and the Commercial Association of Sao Paulo (ACSP), since Boa Vista will need to exit from the Novo Mercado segment of the Brazilian Stock Exchange for the transaction to happen and there is a conflict of interest of both parties: Equifax is simultaneously both the acquiror and part of the acquired company, while ACSP benefits from the transaction in ways that the other shareholders do not.
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