180 Degree Capital Corp (OQ:TURN)
Business Focus: Venture Capital
| Sector: Financials | Industry: Investment Management & Fund Operators |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 7 N Willow St Ste 4B MONTCLAIR NJ 07042-3591 |
| Tel: | N/A |
| Website: | https://180degreecapital.com |
| IR: | See website |
| Key People | ||
| Kevin M. Rendino Chairman of the Board, Chief Executive Officer, Portfolio Manager | Daniel B. Wolfe President, Chief Financial Officer, Chief Compliance Officer, Director, Portfolio Manager | Robert E. Bigelow Vice President - Head of Fund Development | Alicia M. Gift Senior Controller, Treasurer, Secretary |
| Business Overview |
| 180 Degree Capital Corp. is a non-diversified closed-end management investment company. The Company operates as an internally managed investment company. The Company's investment objective is to generate capital appreciation and current income from investments and investment-related activities such as managed funds and accounts. The Company invests its assets in various industries, including advertising, application software, asset management and custody banks, biotechnology, communications equipment, construction machinery and heavy trucks, electronic manufacturing services, fertilizers and agricultural chemicals, health care equipment, health care technology, interactive media and services, pharmaceuticals, restaurants, specialized finance, specialty chemicals, technology hardware, storage and peripherals, trading companies and distributors, miscellaneous common stocks industries, steel and apparel, accessories and luxury goods. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, 180 Degree Capital Corp revenues decreased 39% to $55K. Net loss decreased 70% to $13.7M. Revenues reflect Other income decrease of 87% to $27K, Dividend income decrease of 66% to $28K. Lower net loss reflects Unaffiliated privately held companies increase from $19.1M (expense) to $2.1M (income), Non-controlled affiliated companies increase from $14.8M (expense) to $43K (income). |
| Employees: | 7 as of Dec 31, 2016 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $39.52M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.06M as of Dec 31, 2023 |
| EBITDA (TTM): | -$3.70M as of Dec 31, 2023 |
| Net annual income (TTM): | -$13.67M as of Dec 31, 2023 |
| Free cash flow (TTM): | $1.28M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 10,000,141 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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