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Major Drilling Group International (Major Drilling Group International) Revenue : $537.6 Mil (TTM As of Oct. 2023)


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What is Major Drilling Group International Revenue?

Major Drilling Group International's revenue for the three months ended in Oct. 2023 was $150.9 Mil. Its revenue for the trailing twelve months (TTM) ended in Oct. 2023 was $537.6 Mil. Major Drilling Group International's Revenue per Share for the three months ended in Oct. 2023 was $1.82. Its Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $6.48.

Warning Sign:

Major Drilling Group International Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Major Drilling Group International was 1.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 20.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 16.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Major Drilling Group International's highest 3-Year average Revenue per Share Growth Rate was 26.80% per year. The lowest was -28.20% per year. And the median was 5.25% per year.


Major Drilling Group International Revenue Historical Data

The historical data trend for Major Drilling Group International's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Major Drilling Group International Revenue Chart

Major Drilling Group International Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 287.65 291.25 345.83 515.06 545.64

Major Drilling Group International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 111.18 137.17 150.54 150.93 98.95

Competitive Comparison of Major Drilling Group International's Revenue

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Major Drilling Group International's Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Revenue distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Revenue falls into.



Major Drilling Group International Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $537.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Major Drilling Group International  (OTCPK:MJDLF) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Major Drilling Group International Revenue Related Terms

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Major Drilling Group International (Major Drilling Group International) Business Description

Traded in Other Exchanges
Address
111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.

Major Drilling Group International (Major Drilling Group International) Headlines