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
Tel: N/A
Website: N/A
Key People
Stan Bharti
Chairman of the Board
Richard Wachsberg
Co-Chief Executive Officer, Director
Charles Wachsbergs
Co-Chief Executive Officer, Director
Paul Bozoki
Chief Financial Officer
.. ..
Corporate 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 nine months ended 30 September 2019, Acasta Enterprises Inc revenues decreased 5% to C$125.4M. Net loss before extraordinary items decreased 99% to C$1.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss 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: $114.40M as of Sep 30, 2019
Annual revenue (TTM): $169.80M as of Sep 30, 2019
EBITDA (TTM): -$9.96M as of Sep 30, 2019
Net annual income (TTM): -$49.19M as of Sep 30, 2019
Free cash flow (TTM): $14.38M as of Sep 30, 2019
Net Debt Last Fiscal Year: $79.16M as of Sep 30, 2019
Shares outstanding: 73,825,432 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization