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Aimia Inc. (T:AIM)

Business Focus: Business Support Services (NEC)

Sector:  Industrials Industry:  Business Support Services
See Regulatory Filings on SEDAR
Company Contact
Address: 176 YONGE STREET, 06-128
Tel: N/A
IR: See website
Key People
Michael Ryan Lehmann
President, Director
Philip C. Mittleman
Chief Executive Officer, Director
Steven Clark Leonard
Chief Financial Officer
Eric Blondeau
Chief Legal Officer, Corporate Secretary
Business Overview
Aimia Inc. is a Canada-based holding company with a focus on long-term investments in public and private companies. The Company operates through two segments: Holdings and Investment Management. The Holdings segment includes Company's long-term investments comprised of about 48.9% equity stake in PLM, the owner and operator of Club Premier, a Mexican coalition loyalty program, about 10.85% stake in Clear Media Limited, an outdoor advertising firm in China, about 48.8% equity stake in Kognitiv, a business to business (B2B) technology company enabling collaborative commerce, about 12.3% equity stake in TRADE X, a global B2B cross-border automotive trading platform as well as minority investments in various public company securities and limited partnerships. The Investment Management segment includes Mittleman Investment Management, an investment adviser that provides discretionary portfolio management to institutional investors and high-net worth individuals.
Financial Overview
For the six months ended 30 June 2022, Aimia Inc revenues increased from C$1.8M to C$6.5M. Net loss applicable to common stockholders excluding extraordinary items increased from C$11.9M to C$60.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Net change in fair value of investments decrease from C$9.5M (income) to C$37.1M (expense).
Employees: 18 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $452.12M as of Jun 30, 2022
Annual revenue (TTM): $8.70M as of Jun 30, 2022
EBITDA (TTM): -$9.90M as of Jun 30, 2022
Net annual income (TTM): -$78.30M as of Jun 30, 2022
Free cash flow (TTM): -$22.00M as of Jun 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 84,818,705 as of Sep 7, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization