CAE Inc. operates in the Vocational schools sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CAE Inc. with three other
miscellaneous service companies in North America:
Cengage Learning Holdings II Inc
of UNITED STATES
(2021
sales of $1.24 billion
of which 71%
was Digital),
Adtalem Global Education Inc
of UNITED STATES
($1.11 billion
of which 82%
was Medical and Healthcare), and
Stride Inc
which is
also
based in UNITED STATES
($1.54 billion
of which 100%
was Technology-based education).
Sales Analysis.
During the first
fiscal
quarter of 2022, sales at CAE Inc. totalled
C$752.70 million.
This is
an increase of 36.7%
from the C$550.50 million in sales at the company during the first quarter of 2021.
This was the biggest same quarter rise in sales at CAE Inc. in the previous 34 quarters.
Sales at CAE Inc. appear to have some seasonality: during each of the previous 9
fiscal
years, sales have been highest during the fourth quarter, which has accounted for
between 27.0% and 30.9%
of the annual
fiscal year
sales.
CAE Inc. reported sales of C$2.98 billion (US$2.36 billion)
for the
fiscal
year ending
March of 2021.
This
represents
a
decrease of 17.7%
versus 2020, when the company's sales were C$3.62 billion.
Contributing to the drop in overall sales was the 34.8% decline
in Civil Aviation and Training Solutions, from C$2.17 billion to C$1.41 billion.
There were also decreases in sales in
Defense and Security (down 8.6% to C$1.22 billion)
.
However, these declines were partially offset by the increase in sales of
Healthcare (up 182.7% to C$351.90 million)
.