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Emergia Inc. (C:EMER)

Business Focus: Real Estate Rental, Development & Operations (NEC)

Sector:  Real Estate Industry:  Real Estate Rental, Development & Operations
 
Company Contact
Address: 402 - 185 Avenue Dorval
DORVAL QC H9S 5J9
Tel: N/A
Website: https://emergia.com
IR: See website
Key People
N/A    
Business Overview
Emergia Inc. is a Canada-based company, which is engaged in the development, acquisition and management of multi-purpose real estate, including retail, multifamily, industrial and office buildings, as well as land for future development. The primary focus of the Company is on small to medium-size portfolios based on a diversified asset allocation in Canada, mainly in the provinces of Quebec and Ontario. The Company operates through three segments: ownership of revenue-producing multi-residential, commercial, industrial and office properties (Rental Income), development and sale of investment properties (Development Income) and management of investment properties from associates and joint ventures (Management Fees). The Company's properties and projects portfolio includes Alliston Land, Ontario - 6485 14th Line, 117 Lepine Avenue, Gatineau, 185 Dorval Avenue, Dorval - Phase 2, Pure Bromont, Blainville Land, 121 Lepine Avenue, Gatineau and other.
Financial Overview
For the nine months ended 30 September 2022, Emergia Inc revenues increased 28% to C$497K. Net income totaled C$2.3M vs. loss of C$774K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Financing costs decrease of 13% to C$1.5M (expense), Operating expense decrease of 40% to C$161K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $60.47M as of Sep 30, 2022
Annual revenue (TTM): $0.66M as of Sep 30, 2022
EBITDA (TTM): -$1.57M as of Sep 30, 2022
Net annual income (TTM): $35.75M as of Sep 30, 2022
Free cash flow (TTM): $0.02M as of Sep 30, 2022
Net Debt Last Fiscal Year: $51.70M as of Sep 30, 2022
Shares outstanding: 54,775,734 as of Jun 28, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization