Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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
CALGARY AB T2N 3C8
Tel: N/A
Website: www.middlefield.com/givdf.htm
IR: See website
Key People
N/A    
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