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Alaris Equity Partners Income Trust (T:AD.UN)

Business Focus: Private Equity

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: Suite 250, 333 24th Avenue S.W.
CALGARY AB T2S 3E6
Tel: N/A
Website: https://www.alarisequitypartners.com
IR: See website
Key People
Steven W. King
President, Chief Executive Officer, Trustee
Shawn Ostrow
Vice President - Business Development
Amanda Frazer
Chief Financial Officer
Curtis Krawetz
Senior Vice President- Investments
Dan Maceachern
Senior Vice President - Investments
Gregg Delcourt
Chief Investment Officer
Elizabeth Mccarthy
Vice President- Legal
Matthew Mcintyre
Vice President - Investments
Jordan Primeau
Vice President- Legal
Brandon Fagerheim
Vice President - Business Development
   
Business Overview
Alaris Equity Partners Income Trust (the Trust) is a Canada-based trust. The Trust's operations consist of investments in private operating entities, typically in the form of preferred or common limited partnership interests, preferred or common interest in limited liability corporations in the United States, and loans receivable. The Trust's Canadian investments are made through a wholly owned Canadian corporation, Alaris Equity Partners Inc. and its American investments are made through two Delaware corporations, Alaris Equity Partners USA Inc., Salaris USA Royalty Inc., and their subsidiaries.
Financial Overview
For the fiscal year ended 31 December 2023, Alaris Equity Partners Income Trust revenues increased 22% to C$241.3M. Net income increased 6% to C$138.4M. Revenues reflect Net unrealized gain / (loss) on investme increase from -C$29.9M to C$65.2M. Net income was partially offset by Foreign exchange (gain) / loss decrease from C$14.8M (income) to C$2.6M (expense), Legal and accounting fees increase from C$7.4M to C$16.8M (expense).
Employees: 17 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $1,104M as of Dec 31, 2023
Annual revenue (TTM): $241.25M as of Dec 31, 2023
EBITDA (TTM): $202.66M as of Dec 31, 2023
Net annual income (TTM): $138.45M as of Dec 31, 2023
Free cash flow (TTM): $21.17M as of Dec 31, 2023
Net Debt Last Fiscal Year: $388.20M as of Dec 31, 2023
Shares outstanding: 45,498,191 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization