Sector: Consumer Cyclicals | Industry: Entertainment Production |
Company Contact | |
Address: | Suite 330-609 Granville Street, P.O. Box 10033 VANCOUVER BC V7Y 1A1 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
Sean Morrison President, Chief Executive Officer | Greg Gutmanis Chief Financial Officer, Vice President - Acquisitions, Corporate Secretary |
Business Overview |
Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations across Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is North America's growing home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is a franchised supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is a quick-service Mexican restaurant chain. |
Financial Overview |
For the fiscal year ended 31 December 2023, Diversified Royalty Corp revenues increased 25% to C$56.5M. Net income increased from C$15.6M to C$31.7M. Revenues reflect Canada segment increase from C$1M to C$8.2M, United States segment increase of 9% to C$48.3M. Net income benefited from Acqusition of royalties segment income increase of 55% to C$50.8M. Dividend per share increased from C$0.22 to C$0.24. |
Employees: | 39 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $778.16M as of Dec 31, 2023 |
Annual revenue (TTM): | $56.50M as of Dec 31, 2023 |
EBITDA (TTM): | $50.83M as of Dec 31, 2023 |
Net annual income (TTM): | $31.72M as of Dec 31, 2023 |
Free cash flow (TTM): | -$71.75M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $301.13M as of Dec 31, 2023 |
Shares outstanding: | 164,491,769 as of Mar 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |