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Corby Spirit and Wine Limited (T:CSW.A)

Business Focus: Distillers & Wineries (NEC)

Sector:  Consumer Non-Cyclicals Industry:  Distillers & Wineries
 
Company Contact
Address: 225 King St W Suite 1100
TORONTO ON M5V 3M2
Tel: N/A
Website: https://corby.ca/en
IR: See website
Key People
Nicolas Krantz
President, Chief Executive Officer, Director
Juan Alonso
Chief Financial Officer, Vice President, Director
Marc A. Valencia
Vice President - Public Affairs, General Counsel, Corporate Secretary
Ryan Smith
Vice President - Sales
Caroline Begley
Vice President - Marketing
Stephane Cote
Vice President - New Business Ventures
Business Overview
Corby Spirit and Wine Limited is a Canada-based manufacturer, marketer and distributor of spirits and imported wines. The Company operates through two segments: Case Goods and Commissions. The Case Goods segment includes the production and distribution of its owned beverage alcohol brands. The Commissions segment includes non-owned beverage alcohol brands in Canada. Its portfolio of owned brands includes J.P. Wiser's, Lot 40, and Pike Creek Canadian whiskies, Lamb's rum, Polar Ice vodka and McGuinness liqueurs, as well as the Ungava gin, Cabot Trail maple-based liqueurs and Chic Choc spiced rum, and Foreign Affair wines. It represents international brands, such as ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlua liqueur, Mumm champagne, and Jacob's Creek, Wyndham Estate, Stoneleigh, Campo Viejo, and Kenwood wines.
Financial Overview
For the three months ended 30 September 2023, Corby Spirit and Wine Ltd revenues increased 43% to C$58.6M. Net income decreased 6% to C$7.4M. Revenues reflect Case goods segment increase of 58% to C$51.2M, Other service segment increase of 28% to C$916K. Net income was offset by Marketing, sales and administration increase of 17% to C$17M (expense), Net financial impact of pensions increase of 27% to C$57K (expense).
Employees: 192 as of Jun 30, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $314.33M as of Sep 30, 2023
Annual revenue (TTM): $180.53M as of Sep 30, 2023
EBITDA (TTM): $50.02M as of Sep 30, 2023
Net annual income (TTM): $21.52M as of Sep 30, 2023
Free cash flow (TTM): $6.86M as of Sep 30, 2023
Net Debt Last Fiscal Year: $112.19M as of Sep 30, 2023
Shares outstanding: 28,468,856 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization