2021 Year-in-Review

IBI Group is a technology-driven design firm with global architecture, engineering, planning, and technology expertise delivered across three core sectors: Intelligence, Buildings and Infrastructure.

2021 MD&A + Financials2022 Annual Meeting
IBI Intelligence Icon
Intelligence
IBI Buildings Icon
Buildings
IBI Infrastucture Icon
Infrastructure

Our Professionals

Our professionals have a broad range of academic backgrounds and experience in architecture, engineering, interior design, landscape architectureplanning and urban design, and systems and technology, among many other areas of expertise, all contributing to our three core sectors.

Our Clients

Our clients include major public and private sector companies, agencies and institutions within core city and community-shaping industries. We work with clients across national, provincial, state and local regions in nearly every industry and are keenly aware of the need to deliver best-in-class solutions in a sustainable fashion.

Financial Highlights

As cities transform at a rapid pace, IBI is proud to be a leader in using technology to better design net-zero buildings, plan public transit, and empower change management, among countless other applications. We have always believed in the power of technology and today, more than ever, we are dedicated to harnessing its potential.

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Net Revenue (M)

Adjusted EBITDA1,2 (M)

Adjusted EBITDA1,2 Margin

Net Debt1 (M)

Net Debt to Adjusted EBITDA1 multiple

Cash Flow from Operating Activities (M)

7.1% CAGR

2013 – 2021

Net Revenue Contribution by Sector
Intelligence
Buildings
Infrastructure
12.4%
CAGR on Adjusted EBITDA1,2
2013 – 2021

(1) Non-IFRS Measures and Forward Looking Statement Advisory: The Company uses certain terms in this report and within the MD&A, such as ‘adjusted EBITDA’, which does not have a standardized or prescribed meaning under International Financial Reporting Standards (IFRS), and, accordingly this measurement may not be comparable with the calculation of similar measurements used by other companies. For a reconciliation of each non-IFRS measure to its nearest IFRS measure, please refer to the “Definition of Non-IFRS Measures” section in the MD&A for applicable definitions, calculations, rationale for use and reconciliations to the most directly comparable measure under IFRS. Non-IFRS measures are provided as supplementary information by which readers may wish to consider the Company’s performance but should not be relied upon for comparative or investment purposes.

(2) Adjusted EBITDA net of IFRS-16 impacts

Get the Full Picture

Learn more about IBI’s financial performance through 2021 in our MD&A and Financial Statements for the year ended December 31, 2021.