Sector: Financials | Industry: Consumer Lending |
Company Contact | |
Address: | 100 King Street West, Suite 1600 MARKHAM ON M5X 1G5 |
Tel: | N/A |
Website: | www.advantex.com |
IR: | See website |
Key People | ||
Kelly E. Ambrose President, Chief Executive Officer, Secretary, Director | Mukesh Sabharwal Chief Financial Officer, Vice President |
Business Overview |
Advantex Marketing International Inc. is a Canada-based company, which provides working capital to merchants. The Company also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants. It operates through two segments: Merchant cash advance (MCA) program and Aeroplan program. In the MCA program, the Company provides merchants with working capital through pre-purchase, at a discount, of merchants' future cash flows. The Company is a re-seller of Aeroplan Points. It sells Aeroplan Points to merchants who are small and mid-sized retailers and service providers. The Company's merchants operate across Canada in diverse business segments: restaurants; independent inns, resorts and selected hotels; spas; retailers of men's and ladies' fashion, footwear and accessories; florists and garden centers; health and beauty centers; gift stores, and home decor. |
Financial Overview |
For the six months ended 31 December 2023, Advantex Marketing International, Inc. revenues increased 58% to C$1.6M. Net loss decreased 7% to C$1.1M. Revenues reflect MCA program segment increase of 70% to C$1.1M, Aeroplan program segment increase of 36% to C$505K. Lower net loss reflects Stated interst decrease of 26% to C$464K (expense), Interest remaining flat at C$0K. |
Employees: | 45 as of Oct 27, 2010 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $16.18M as of Dec 31, 2023 |
Annual revenue (TTM): | $2.70M as of Dec 31, 2023 |
EBITDA (TTM): | $0.37M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.45M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.18M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $15.90M as of Dec 31, 2023 |
Shares outstanding: | 265,390,090 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |