Sector: Financials | Industry: Investment Management & Fund Operators |
Company Contact | |
Address: | 1981 McGill College Avenue, Suite 1500 MONTREAL QC H3A 0H5 |
Tel: | N/A |
Website: | https://www.fieracapital.com |
IR: | See website |
Key People | ||
Jean-Guy Desjardins Chairman of the Board | Jean Michel Chief Investment Officer - Public Markets | Maxime Menard President, Chief Executive Officer |
Lucas Pontillo Global Chief Financial Officer, Executive Director | Peter Stock Executive Director, President of Fiera Private Wealth | Peter Stock President of Fiera Private President, Executive Director |
John Valentini Executive Director, President and Chief Executive Officer of Fiera Private Markets | Sebastian Blandizzi Global Chief Technology and Operations Officer | Lyne Lamothe Global Chief Human Resources Officer | Michael Quigley Executive Vice President, Head of Global Private Wealth |
Business Overview |
Fiera Capital Corporation is a Canada-based independent asset management company. The Company delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and Asia. It offers a range of traditional and non-traditional investment strategies through specialized and balanced mandates. It works with endowments, foundations, corporations, private and public funds and Taft-Hartley plans. Its institutional solutions include fixed income, equity and non-traditional. Its fixed income solutions include Canadian Active, Canadian Credit, Core Plus, Infrastructure Debt and North American High Yield. The Company's portfolio managers work directly with clients and their financial intermediaries, attorneys and accountants to design custom portfolios. Its private markets solution categories include real estate, infrastructure, agriculture, private equity and private credit. |
Financial Overview |
For the fiscal year ended 31 December 2023, Fiera Capital Corp revenues increased 2% to C$675.5M. Net income increased from C$25.4M to C$58.5M. Revenues reflect Canada segment increase of 4% to C$430.5M. Net income benefited from Foreign Exchange Gain/LossNon-Business increase from C$28.4M (expense) to C$9.2M (income), Salaries, wages and employee benefits decrease of 6% to C$271M (expense). Dividend per share decreased from C$0.86 to C$0.65. |
Employees: | 842 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1,261M as of Dec 31, 2023 |
Annual revenue (TTM): | $675.53M as of Dec 31, 2023 |
EBITDA (TTM): | $185.82M as of Dec 31, 2023 |
Net annual income (TTM): | $58.45M as of Dec 31, 2023 |
Free cash flow (TTM): | $45.66M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $657.32M as of Dec 31, 2023 |
Shares outstanding: | 105,862,789 as of Apr 12, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |