Trade Willdan Group Inc - WLDN CFD

Willdan Company profile

About Willdan Group, Inc.

Willdan Group, Inc. is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. The Company operates through two segments: Energy, and Engineering and Consulting. The Energy segment provides energy solutions to businesses, utilities, state agencies, municipalities and non-profit organizations in the United States. Its energy efficiency services include audits and surveys, program design, master planning, demand reduction, grid optimization, benchmarking analysis, design engineering and construction management. Engineering and Consulting segment provides civil engineering-related construction management, building and safety, city engineering, city planning, geotechnical, material testing and other engineering consulting services to its clients. Its engineering services include rail, port, water, mining and other civil engineering projects.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Willdan Group, Inc. revenues decreased 10% to $353.8M. Net loss decreased 42% to $8.4M. Revenues reflect Energy Efficiency Services segment decrease of 12% to $286.4M. Lower net loss reflects Other decrease of 7% to $27.1M (expense), Depreciation and Amortization decrease of 9% to $17.1M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$1.23 to -$0.68.

Equity composition

Common Stock $.01 Par, 03/11, 40M auth., 7,256,755 issd. Insiders own approx. 19.64%. IPO: 11/21/06, 2.9M shs. @ $10 pershare by Wedbush Morgan Securities Inc. Pref. Stock $.01 Par, 10M auth., none issd.