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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 fiscal year ended 31 December 2019, Global Innovation Dividend Fund revenues increased from C$2.6M to C$12.1M. Net income increased from C$1.1M to C$10.7M. Revenues reflect Net Realized Loss from Investment Transa increase from -C$422K to C$5.8M, Change in Net Unrealized Gain on Investm increase from C$1.2M to C$5.4M. Net income benefited from Unitholder Reporting Costs decrease of 60% to C$54K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.33M as of Dec 31, 2019
Annual revenue (TTM): $12.15M as of Dec 31, 2019
EBITDA (TTM): $11.02M as of Dec 31, 2019
Net annual income (TTM): $10.68M as of Dec 31, 2019
Free cash flow (TTM): $23.83M as of Dec 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 3,779,987 as of May 4, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization