Acasta Enterprises Inc. (T:AEF*CA)

Business Focus: Private Equity

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1 Apollo Pl
NORTH YORK ON M3J 0H2
Tel: N/A
Website: https://www.acastaenterprises.com
IR: See website
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Key People
Charles Wachsbergs
Co-Chief Executive Officer, Director
Paul Bozoki
Chief Financial Officer
Alexander Singh
Secretary
Business Overview
Acasta Enterprises Inc is a Canada-based long-term investment and private equity management company. The Company is engaged in acquiring businesses with the long-term agreements. It operates as a private equity manager. The Company acquires businesses primarily operating in North America. It has two investment platforms: private label consumer staples, and commercial aviation finance and asset management. It focuses on pursuing additional investment opportunities in its pipeline directly or through a series of long-term private equity funds.
Financial Overview
For the six months ended 30 June 2019, Acasta Enterprises Inc revenues decreased 5% to C$82M. Net income before extraordinary items totaled C$6K vs. loss of C$123.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Impairment of goodwill and intangible as decrease from C$79.8M (expense) to C$0K.
Employees: 387 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $129.93M as of Jun 30, 2019
Annual revenue (TTM): $172.30M as of Jun 30, 2019
EBITDA (TTM): -$13.28M as of Jun 30, 2019
Net annual income (TTM): -$50.97M as of Jun 30, 2019
Free cash flow (TTM): $2.56M as of Jun 30, 2019
Net Debt Last Fiscal Year: $88.10M as of Jun 30, 2019
Shares outstanding: 73,864,268 as of Jul 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization