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Crown Capital Partners Inc. (T:CRWN)

Business Focus: Investment Management

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEDAR
Company Contact
Address: 888 3 St SW
CALGARY AB T2P 5C5
Tel: 1-416-3478954
Website: www.crowncapital.ca
IR: See website
Key People
George R. Fowlie
Independent Chairman of the Board
Christopher Allen Johnson
President, Chief Executive Officer, Director
Michael J. Overvelde
Chief Financial Officer, Senior Vice President - Finance
Brent Gerald Hughes
Executive Vice President, Chief Compliance Officer
Tim James Oldfield
Senior Vice President, Chief Investment Officer
Brian J. Mellum
Senior Vice President - Energy
Shane Melanson
Controller
Josh Axler
Investment Analyst
Jordan McMullen
Investment Manager
Business Overview
Crown Capital Partners Inc. is a Canada-based specialty finance company. The Company is focused on providing capital to Canadian companies and selected the United States companies that are unwilling or unable to obtain suitable financing from traditional capital providers, such as banks and private equity funds. The Company provides investment management services. The Company also manages capital pools, including some in which the Company has a direct ownership interest. The Company originates, structures and provides financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties, and other structures with minimal or no ownership dilution. The Company's Hybrid Business Model provides approximately two distinct financing solutions to its financing clients, including Special Situations Financing solutions and Long-term Financing solutions.
Financial Overview
For the nine months ended 30 September 2019, Crown Capital Partners Inc revenues decreased 33% to C$15M. Net loss totaled C$1.3M vs. income of C$4.7M. Revenues reflect Net realized gain (loss) from investment decrease from C$222K to -C$9.9M, Change in unrealized gain decrease from C$986K to -C$1.2M. Net loss reflects Finance costs increase from C$1.1M to C$2.7M (expense), Depreciation increase from C$19K to C$1.3M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $92.92M as of Sep 30, 2019
Annual revenue (TTM): $25.36M as of Sep 30, 2019
EBITDA (TTM): $14.84M as of Sep 30, 2019
Net annual income (TTM): $1.10M as of Sep 30, 2019
Free cash flow (TTM): -$4.93M as of Sep 30, 2019
Net Debt Last Fiscal Year: $32.64M as of Sep 30, 2019
Shares outstanding: 9,455,843 as of Nov 5, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization