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Founders Advantage Capital Corp. (V:FCF)

Business Focus: Investment Management & Fund Operators

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEDAR
Company Contact
Address: 400-2207 4 St SW
CALGARY AB T2S 1X1
Tel: N/A
Website: advantagecapital.ca
IR: See website
Key People
J.R. Kingsley Ward
Independent Chairman of the Board
James Bell
President, Chief Executive Officer, Director
Robin Burpee
Chief Financial Officer
Amardeep Leekha
Senior Vice President - Capital Markets
   
Business Overview
Founders Advantage Capital Corp, formerly FCF Capital Inc, is a Canada-based investment issuer. The Company is also a reporting issuer in the provinces of Alberta, British Columbia and Ontario. The Company focuses on seeking returns by making investments in equity, debt or other securities of publicly traded companies or private businesses. The Company focuses on the development of an investment approach to create long-term value for its shareholders and partner entrepreneurs (investees) by pursuing majority interest acquisitions of cash flow positive middle-market privately held entities. Its platform offers disproportionate incentives (contractually) for growth in favor of partner entrepreneurs. The Company's subsidiary is Cape Communications International Inc.
Financial Overview
For the three months ended 31 March 2020, Founders Advantage Capital Corp revenues decreased 12% to C$18.1M. Net loss before extraordinary items increased from C$963K to C$2.2M. Revenues reflect Impact- Business Product and Services segment decrease of 88% to C$2.3M, Club16-Consumer Product and services segment decrease of 4% to C$6.3M. Higher net loss reflects Foreign exchange (loss) gain decrease from C$1.2M (income) to C$3.7M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $146.64M as of Mar 31, 2020
Annual revenue (TTM): $87.80M as of Mar 31, 2020
EBITDA (TTM): $37.42M as of Mar 31, 2020
Net annual income (TTM): -$1.10M as of Mar 31, 2020
Free cash flow (TTM): $17.02M as of Mar 31, 2020
Net Debt Last Fiscal Year: $107.10M as of Mar 31, 2020
Shares outstanding: 38,082,513 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization