
Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; slot trenching services; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications. It also provides pole and piling holes services for utility, traffic signal, and transmission pole holes, as well as light standard and sign post holes; pole removals; end-bearing, pilot holes for friction, and spread footing piles; and well monitor installations applications. In addition, the company offers debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal; pipeline excavation services for pipeline crossing and tie-in, hydro probing, utility conflict, and oil and fuel spill applications; and anode installation, emergency response, and potholing services, as well as designs, engineers, and supplies excavation shoring systems. It serves the aggregate, construction, engineering, industrial, mining, oil and gas, power generation, transportation, and utility industries, as well as railway hydrovac services. As of December 31, 2021, it had a fleet of 1,371 Badger hydrovacs. The company was formerly known as Badger Daylighting Ltd. and changed its name to Badger Infrastructure Solutions Ltd. in May 2021. Badger Infrastructure Solutions Ltd. was founded in 1992 and is headquartered in Calgary, Canada.
Badger Infrastructure Solutions Ltd. trades as BDGI.TO on TSX. The company is classified in Industrials / Engineering & Construction and reports in CAD.
The current profile places the business in Engineering & Construction. This section is intended to summarize the operating segments, products, geographies, and main revenue lines from official filings.
Latest available fiscal data shows $846.26M of revenue and $60.26M of net income.
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Badger Infrastructure Solutions Ltd. can be compared against peers such as Andlauer Healthcare Group Inc., Aecon Group Inc., Bird Construction Inc., Hammond Power Solutions Inc., MDA Ltd., Russel Metals Inc..
A complete thesis should compare growth, margins, balance-sheet risk, valuation multiples, and market position against direct competitors.
Current signals to investigate include market capitalization of $2.98B, beta of 1.01, and return on equity of +20.4%.
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Key risks should include financial leverage, cyclicality, customer concentration, regulatory exposure, currency risk, and execution risk.
BDGI.TO currently shows total debt of $258.07M and beta of 1.01. Missing data should be treated as a research gap, not as low risk.
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Company website: https://www.badgerinc.com
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