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Global Innovation Dividend Fund (T:BL.UN)

Business Focus: Investment Trusts

Sector:  Financials Industry:  Investment Trusts
See Regulatory Filings on SEDAR
Company Contact
Address: 812 Memorial Dr NW
Tel: N/A
IR: See website
Key People
Business Overview
Global Innovation Dividend Fund is a Canada-based company which creates and manages specialized investment products for individual and institutional investors and has assets under management of approximately $4.5 billion. Investment products include mutual funds, closed-end funds, private and public resource funds, hedge funds, real estate funds and a venture capital fund. Its clients include Canadian and International financial institutions, corporations and individuals. Its services are provided in Canada primarily through Middlefield Limited, which is registered as an Investment Fund Manager and internationally through England-based Middlefield International Limited.
Financial Overview
For the six months ended 30 June 2019, Global Innovation Dividend Fund revenues increased from C$2.9M to C$8.1M. Net income increased from C$2.3M to C$7.3M. Revenues reflect Change in Net Unrealized Gain on Investm increase from C$2.5M to C$9.4M, Income from Investments increase of 39% to C$708K. Net income benefited from Unitholder Reporting Costs decrease of 68% to C$28K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $11.60M as of Jun 30, 2019
Annual revenue (TTM): $7.78M as of Jun 30, 2019
EBITDA (TTM): $6.41M as of Jun 30, 2019
Net annual income (TTM): $6.00M as of Jun 30, 2019
Free cash flow (TTM): -$3.90M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 7,214,500 as of Oct 28, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization