Algodon Group Inc (PK:VINO)

Business Focus: Real Estate Development & Operations

Sector:  Financials Industry:  Real Estate Development & Operations
See Regulatory Filings on SEC
Company Contact
Address: 135 5th Ave Fl 10
NEW YORK NY 10010-7101
Tel: N/A
IR: See website
Key People
Business Overview
Algodon Group, Inc., formerly Algodon Wines and Luxury Development Group, Inc., invests, develops and operates real estate projects in Argentina. The Company identifies and develops specific investments in the boutique hotel, hospitality and luxury property markets and in other lifestyle businesses, such as wine production and distribution, golf, tennis and real estate development. The Company is engaged in conducting its activities in Argentina through its operating entities: InvestProperty Group, LLC, Algodon Global Properties, LLC, The Algodon Recoleta S.R.L, Algodon Properties II S.R.L., and Algodon Wine Estates S.R.L. It distributes its wines in Europe through its United Kingdom entity, Algodon Europe, LTD.
Financial Overview
For the nine months ended 30 September 2018, Algodon Group Inc revenues increased 62% to $2.1M. Net loss applicable to common stockholders excluding extraordinary items increased 2% to $5.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and administrative increase of 6% to $5.3M (expense), Interest expense.
Reporting Currency: U.S. Dollars
Enterprise value: $24.27M as of Sep 30, 2018
Annual revenue (TTM): $2.63M as of Sep 30, 2018
EBITDA (TTM): -$6.78M as of Sep 30, 2018
Net annual income (TTM): -$8.21M as of Sep 30, 2018
Free cash flow (TTM): -$6.80M as of Sep 30, 2018
Net Debt Last Fiscal Year: $2.64M as of Sep 30, 2018
Shares outstanding: 46,687,999 as of Nov 19, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization