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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
Tel: N/A
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 nine months ended 30 September 2019, Founders Advantage Capital Corp revenues increased 14% to C$67.4M. Net loss before extraordinary items decreased 100% to C$38K. Revenues reflect DLC-Franchise segment increase of 9% to C$23.6M, Club16-Consumer Product and services segment increase of 14% to C$16.6M. Lower net loss reflects Foreign exchange gain (loss) increase from C$1.7M (expense) to C$1.6M (income).
Reporting Currency: Canadian Dollars
Enterprise value: $113.77M as of Sep 30, 2019
Annual revenue (TTM): $102.08M as of Sep 30, 2019
EBITDA (TTM): $37.89M as of Sep 30, 2019
Net annual income (TTM): -$6.75M as of Sep 30, 2019
Free cash flow (TTM): $10.91M as of Sep 30, 2019
Net Debt Last Fiscal Year: $105.30M as of Sep 30, 2019
Shares outstanding: 38,182,542 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization