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Element Lifestyle Retirement Inc. (V:ELM)

Business Focus: Healthcare Facilities & Services (NEC)

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
Company Contact
Address: 438 West King Edward Avenue
VANCOUVER BC V5Y 0M5
Tel: N/A
Website: elementlifestyleretirement.com
IR: See website
Key People
Don H. C. Ho
President, Director
Bo Jun Diao
Chief Executive Officer, Director
 
Business Overview
Element Lifestyle Retirement Inc. is a Canada-based retirement living specialist. The Company provides development management services for senior retirement communities. It is engaged in real estate and master-planned community development, with specialization in hospitality management, and retirement community development and operations. Its services include development services and management services. Its development consulting services include property selection, assembly and acquisition; building and community design; municipal approval and land entitlement processes; financing; marketing, sales and leasing, and construction project management. The Company manages the administration, operation and financing of retirement communities and physical facilities. Under its model, the Company provides care and supportive services, activities programming and extensive amenities for various lifestyles, from independent living, assisted living, complex care to end-of-life care.
Financial Overview
For the six months ended 30 November 2023, Element Lifestyle Retirement Inc revenues increased less than 1% to C$516K. Net loss increased from C$71K to C$155K., also reflect Consulting fees decrease of 20% to C$409K. Higher net loss reflects Interest income decrease of 24% to C$20K (income), Consulting fees increase from C$0K to C$1K (expense), Amortization increase of 23% to C$5K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.95M as of Nov 30, 2023
Annual revenue (TTM): $1.06M as of Nov 30, 2023
EBITDA (TTM): -$0.20M as of Nov 30, 2023
Net annual income (TTM): -$0.68M as of Nov 30, 2023
Free cash flow (TTM): -$0.58M as of Nov 30, 2023
Net Debt Last Fiscal Year: $1.83M as of Nov 30, 2023
Shares outstanding: 70,478,299 as of Nov 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization