Sector: Financials | Industry: Investment Management & Fund Operators |
Company Contact | |
Address: | 141 Adelaide Street West, Suite 301 TORONTO ON M5H 3L5 |
Tel: | N/A |
Website: | www.northfieldcapital.com |
IR: | See website |
Key People | ||
Robert D. Cudney President, Chief Executive Officer, Director | Michael G. Leskovec Chief Financial Officer |
Business Overview |
Northfield Capital Corporation is a Canada-based company, which holds interest in resource, manufacturing and technology sectors. The Company is focused on making strategic investments in, and supporting the management initiatives of, selected businesses. It operates in four segments: Investments, Aviation Services, Winery, and Distillery. Investments segment is engaged in investment activities, including holding interests in resource, manufacturing and technology sectors. Aviation Services segment provides chartered air, flight training and aircraft maintenance services across Canada and cross-border to United States. Winery segment includes Vineyard and winery, which is located in Prince Edward County, manufacturing and selling wine. Distillery segment include spirit distilling at Spirit of York distillery located in Toronto's distillery district. |
Financial Overview |
For the three months ended 31 March 2024, Northfield Capital Corp revenues decreased 67% to C$1.4M. Net loss totaled C$1.8M vs. income of C$2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Salaries, director and consulting fees increase of 37% to C$944K (expense), Marketing, promotion and travel increase from C$91K to C$199K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $65.05M as of Mar 31, 2024 |
Annual revenue (TTM): | $2.99M as of Mar 31, 2024 |
EBITDA (TTM): | -$10.04M as of Mar 31, 2024 |
Net annual income (TTM): | -$10.41M as of Mar 31, 2024 |
Free cash flow (TTM): | -$6.22M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $10.49M as of Mar 31, 2024 |
Shares outstanding: | 2,218,483 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |