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Crown Capital Partners Inc. (T:CRWN)

Business Focus: Freight Logistics

Sector:  Industrials Industry:  Courier, Postal, Air Freight & Land-based Logistics
 
Company Contact
Address: 700 2nd St. SW, Suite 19-131
CALGARY AB T2P 2W2
Tel: N/A
Website: https://crowncapital.ca
IR: See website
Key People
Christopher A. Johnson
President, Chief Executive Officer, Director
Michael J. Overvelde
Chief Financial Officer, Senior Vice President
Jon D'Alessandro
President of WireIE Inc and of Community Network Partners
Richard B. Hodgkinson
President, Chief Executive Officer of Galaxy Broadband Communications Inc
Craig Macklin
President of Lumbermens Credit Group Ltd
 
Business Overview
Crown Capital Partners Inc. is a Canada-based company engaged in making strategic investments, provides investment management services and co-invests in certain of its managed funds. Its segments include Specialty finance, Network services, Distributed power, Real estate, Distribution services, and Corporate and other. Specialty finance segment includes investments in Crown Partners Fund and in corporate debt and equity securities. The Network services segment includes deployment and management of carrier-grade data networks to select underserved markets. The Distributed power segment includes origination and management of, and investment in, distributed power investments. The Real estate segment investment in, and development of, real estate development assets. The Distribution services segment includes provision of end-to-end integrated e-commerce fulfillment and distribution services. Corporate and other segment includes its credit reporting subsidiary, Lumbermens Credit Group Ltd.
Financial Overview
For the fiscal year ended 31 December 2023, Crown Capital Partners Inc revenues increased 55% to C$69.6M. Net loss increased 63% to C$12.2M. Revenues reflect Distribution services segment increase from C$14.1M to C$34.4M, Real estate segment increase from C$0K to C$4M. Higher net loss reflects Impairment of property and equipment increase from C$350K to C$5.2M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $104.07M as of Dec 31, 2023
Annual revenue (TTM): $69.55M as of Dec 31, 2023
EBITDA (TTM): $6.92M as of Dec 31, 2023
Net annual income (TTM): -$12.15M as of Dec 31, 2023
Free cash flow (TTM): $3.31M as of Dec 31, 2023
Net Debt Last Fiscal Year: $76.21M as of Dec 31, 2023
Shares outstanding: 5,588,646 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization