Loading...
Docoh

Macquarie Infrastructure (MIC)

MIC owns and operates a diversified group of businesses providing basic services to customers in the United States. Its businesses consist of a bulk liquid terminals business, International-Matex Tank Terminals; an airport services business, Atlantic Aviation; and entities comprising an energy services, production and distribution segment, MIC Hawaii.

Company profile

Ticker
MIC
Exchange
Website
CEO
Christopher Frost
Employees
Incorporated
Location
Fiscal year end
Former names
Macquarie Infrastructure Assets LLC, Macquarie Infrastructure CO LLC, Macquarie Infrastructure Co LLC
SEC CIK
Subsidiaries
ACM Property Services, LLC • Atlantic Aviation - Eagle LLC • Atlantic Aviation - Opa Locka LLC • Atlantic Aviation - Oxford LLC • Atlantic Aviation - Salt Lake City LLC • Atlantic Aviation Albuquerque Inc. • Atlantic Aviation Corporation • Atlantic Aviation FBO Holdings LLC • Atlantic Aviation FBO Inc. • Atlantic Aviation Flight Support, Inc. ...
IRS number
206196808

MIC stock data

Calendar

3 Aug 21
28 Sep 22
31 Dec 22
Quarter (USD) Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 331.48M 331.48M 331.48M 331.48M 331.48M 331.48M
Cash burn (monthly) 69.84M 43.99M (no burn) (no burn) 26.51M (no burn)
Cash used (since last report) 1.04B 657.77M n/a n/a 396.47M n/a
Cash remaining -712.83M -326.29M n/a n/a -64.99M n/a
Runway (months of cash) -10.2 -7.4 n/a n/a -2.5 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
29 Dec 21 Macquarie Common Unit Grant Acquire A Yes No 3.66 72,194 264.23K 14,721,523
28 Oct 21 Macquarie Common Unit, par value $0.001 per unit Grant Acquire A Yes No 40.36 1,403 56.63K 14,576,573
22 Sep 21 Macquarie Common Stock, par value $0.001 per share Grant Acquire A Yes No 39.99 50,542 2.02M 14,575,170
17 Sep 21 Macquarie Common Stock, par value $0.001 per share Grant Acquire A Yes No 39.41 71,859 2.83M 14,524,628
16 Sep 21 Brown Norman H Jr Common Units Gift Dispose G No No 0 250 0 60,221
16 Sep 21 Brown Norman H Jr Common Units Gift Dispose G No No 0 1,500 0 60,471
16 Sep 21 Brown Norman H Jr Common Units Gift Dispose G No No 0 125 0 61,971
16 Sep 21 Brown Norman H Jr Common Units Gift Dispose G No No 0 125 0 62,096
16 Sep 21 Brown Norman H Jr Common Units Gift Dispose G No No 0 250 0 62,221
13F holders Current Prev Q Change
Total holders 34 41 -17.1%
Opened positions 5 8 -37.5%
Closed positions 12 9 +33.3%
Increased positions 10 9 +11.1%
Reduced positions 2 8 -75.0%
13F shares Current Prev Q Change
Total value 744.55M 688.32M +8.2%
Total shares 60M 50.94M +17.8%
Total puts 0 0
Total calls 0 100K EXIT
Total put/call ratio
Largest owners Shares Value Change
MCQEF Macquarie 15.16M $59.27M +1.5%
Macquarie Infrastructure Management 14.24M $551.44M 0.0%
Beryl Capital Management 7.04M $26.38M NEW
BCS Barclays 5.87M $22.94M +49.4%
JPM JPMorgan Chase & Co. 4.84M $18.91M +67.1%
GS Goldman Sachs 4.34M $16.96M -36.7%
BAC Bank Of America 3.39M $13.25M +192.7%
Gabelli Funds 2.88M $11.27M +13.4%
GABELLI & Co INVESTMENT ADVISERS 1.31M $5.13M +13.7%
GBL Gamco Investors 449.78K $1.76M +2.7%
Largest transactions Shares Bought/sold Change
Beryl Capital Management 7.04M +7.04M NEW
GS Goldman Sachs 4.34M -2.51M -36.7%
Dimensional Fund Advisors 0 -2.41M EXIT
BAC Bank Of America 3.39M +2.23M +192.7%
JPM JPMorgan Chase & Co. 4.84M +1.94M +67.1%
BCS Barclays 5.87M +1.94M +49.4%
Gabelli Funds 2.88M +340.56K +13.4%
MCQEF Macquarie 15.16M +221.73K +1.5%
Russell Investments 172.36K +170.44K +8853.9%
GABELLI & Co INVESTMENT ADVISERS 1.31M +158.4K +13.7%

Financial report summary

?
Competition
Signature Aviation
Risks
  • If the Reorganization is consummated, the benefits expected to be obtained may not be achieved if we do not successfully complete the AA Transaction and the MH Merger.
  • After completion of the AA Transaction, the size of our Company may be sub-scale, we will have substantially fewer assets, we may be more susceptible to adverse events, and we may not be able to use the proceeds from the AA Transaction as intended.
  • The AA Transaction and MH Merger are contingent on a number of conditions, and may not be completed on the timeline currently contemplated or at all.
  • While the AA Transaction and the MH Merger are pending, the Company will be subject to risks and uncertainties and contractual restrictions that could disrupt our businesses or negatively impact our stock price.
  • Non-U.S. holders of MIH common units may be subject to U.S. federal income tax and U.S. withholding tax upon the Hawaii distribution and AA Transaction.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: AA, AMF, Apple, Argo, Bidco, Code, concurrent, concurrently, constituted, creditor, customary, doubt, FIRPTA, KKR, Kohlberg, LP, mainland, MGS, MH, MIH, oriented, owner, Parent, percentage, promptly, propane, publicly, real, Reorg, sum, surge, surviving, transferred, treasury, treaty, urged, USRPHC, windup, withholding, workplace
Removed: additive, card, commenced, communication, consistent, correlation, declined, disruption, distributable, duration, educating, enhancing, flexibility, forward, fourth, growing, historically, implementation, implementing, inflation, intention, light, maintaining, mandating, modifying, naphtha, professional, pursuit, quarantine, recent, regularly, renewal, renewed, short, strength, supplier, suspended, sustained, twelve, unpredictability