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Aegis Brands Inc. (T:AEG)

Business Focus: Restaurants & Bars (NEC)

Sector:  Consumer Cyclicals Industry:  Restaurants & Bars
Company Contact
Address: 2040 Yonge St., Suite 200B
Tel: N/A
IR: See website
Key People
Steven Pelton
President, Chief Executive Officer, Director
Melinda M. Lee
Chief Financial Officer
Kate Burnett
President of Bridgehead (2000) Inc.
Tara Ramsay
Vice President - People
Laurie Ouellette
Chief Financial Officer of Bridgehead
Business Overview
Aegis Brands Inc. is a Canada-based company, which Aegis Brands owns and operates the Bridgehead Coffee and St. Louis Bar & Grill brands. Bridgehead is a coffeehouse chain in Ottawa, Ontario, and Canada. Bridgehead coffeehouses serve coffee, baked goods and fresh foods made daily, using local and seasonal ingredients. Bridgehead products are also available for purchase online through its Website, as well as at various grocery retailers throughout Ontario. Bridgehead has 21 the Company-owned coffeehouses in Ottawa, Ontario, including its flagship roastery, all of which operate under the Bridgehead brand. St. Louis provides signature wings, fries and garlic dill sauce. St. Louis provides food and fantastic service, in a casual, local neighbourhood bar and grill setting. St. Louis' products are available for purchase at selected grocery retailers in Canada and online through its application and Amazon. St. Louis has 74 franchised locations across Canada.
Financial Overview
For the 39 weeks ended 24 September 2023, Aegis Brands Inc revenues increased from C$9.2M to C$24.3M. Net loss decreased 91% to C$651K. Revenues reflect Bridgehead segment increase of 28% to C$11.7M. Lower net loss reflects Revaluation of securities, warrants, and decrease of 100% to C$4K (expense), Interest income - leases receivable increase from C$9K to C$295K (income).
Employees: 230 as of Dec 25, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $71.55M as of Sep 24, 2023
Annual revenue (TTM): $30.33M as of Sep 24, 2023
EBITDA (TTM): $2.84M as of Sep 24, 2023
Net annual income (TTM): -$3.03M as of Sep 24, 2023
Free cash flow (TTM): -$1.93M as of Sep 24, 2023
Net Debt Last Fiscal Year: $36.42M as of Sep 24, 2023
Shares outstanding: 85,287,167 as of Sep 24, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization