Sector: Consumer Cyclicals | Industry: Restaurants & Bars |
Company Contact | |
Address: | 2040 Yonge St., Suite 200B TORONTO ON M4S 1Z9 |
Tel: | N/A |
Website: | https://secondcup.com |
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 that owns and operates St. Louis Bar and Grill (St. Louis) and Wing City by St. Louis (Wing City). St. Louis Bar & Grill service wings, fries, and garlic dill sauce, and their local neighborhood restaurants offer service in a casual sports bar and grill setting. Certain of St. Louis products are available for purchase at selected grocery retailers in Canada and online through their application and Amazon. It undertook construction on two Wing City fast-casual locations in Toronto. Wing City focuses on offering St. Louis wings, boneless, plant-based wings and fries and dill sauce. The menu also includes various items, such as chicken fried ribs, and a chicken thigh sandwich. It owns about 73 St. Louis franchised locations across Canada and three corporately owned restaurants. |
Financial Overview |
For the fiscal year ended 31 December 2023, Aegis Brands Inc revenues increased from C$2M to C$16.9M. Net loss before extraordinary items decreased 87% to C$1M. Revenues reflect Wing City segment increase from C$0K to C$11K. Lower net loss reflects Revaluation of securities, warrants, and decrease of 100% to C$9K (expense), Acquisition related costs decrease from C$571K (expense) to C$0K. |
Employees: | 122 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $68.49M as of Dec 31, 2023 |
Annual revenue (TTM): | $16.94M as of Dec 31, 2023 |
EBITDA (TTM): | $3.48M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.00M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2.26M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $34.47M as of Dec 31, 2023 |
Shares outstanding: | 85,287,167 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |