The Western Investment Company of Canada Limited (V:WI*CA)
Business Focus: Investment Management & Fund Operators (NEC)
| Sector: Financials | Industry: Investment Management & Fund Operators |
| Company Contact | |
| Address: | 1010 24 St SE HIGH RIVER AB T1V 2A7 |
| Tel: | N/A |
| Website: | https://winv.ca |
| IR: | See website |
| Key People | ||
| Scott A. Tannas President, Chief Executive Officer, Secretary, Director | Stacey Cross Chief Financial Officer | Shafeen Mawani Chief Operating Officer |
| Business Overview |
| The Western Investment Company of Canada Limited is a private equity company based in Western Canada. The Company's strategy is to acquire a diversified portfolio of established Western Canadian private businesses and create value through the identification, acquisition and long-term ownership of private businesses with sustained cash flows and strong potential for organic growth. Its targeted industry verticals include financial services and insurance, retail and distribution, human services, agriculture and related services, and special situations. Its investment in associates includes Fortress Insurance Company, Foothills Creamery Ltd. Golden Health Care and GlassMasters ARG Autoglass Two Inc. |
| Financial Overview |
| For the nine months ended 30 September 2023, Western Investment Company of Canada Ltd revenues increased from C$436K to C$2.4M. Net income totaled C$1.1M vs. loss of C$510K. Revenues reflect Income (loss) from equity investments increase from -C$145K to C$1.8M, Finance income increase of 20% to C$465K. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to C$0.04. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $20.35M as of Sep 30, 2023 |
| Annual revenue (TTM): | $1.88M as of Sep 30, 2023 |
| EBITDA (TTM): | $0.25M as of Sep 30, 2023 |
| Net annual income (TTM): | $1.05M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$0.46M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $6.41M as of Sep 30, 2023 |
| Shares outstanding: | 30,207,756 as of Sep 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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