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Flow Capital Corp. (V:FW)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: 1 Adelaide Street East, Suite 3002,
PO Box 171
TORONTO ON M5C 2V9
Tel: N/A
Website: https://flowcap.com
IR: See website
Key People
Alex Baluta
President, Chief Executive Officer, Director
   
Business Overview
Flow Capital Corp. is a Canada-based diversified alternative asset investor and advisor. The Company is specialized in providing minimally dilutive capital to emerging growth businesses. The Company is a provider of flexible growth capital and alternative debt solutions. The Company makes cashflow-oriented investments using venture debt and revenue-linked royalty financing structures, in growth businesses. It also provides a range of advisory services to assist investees. The Company's subsidiaries include Flow Capital US Corp., Flow Investment Services Corp., Flow Investment Holdings Corp., Flow Priority Return Fund II LP, Tuscarora Capital Inc., Flow Capital Partnership Holding Corp and LOGiQ Capital 2016.
Financial Overview
For the nine months ended 30 September 2023, Flow Capital Corp revenues decreased 37% to C$5M. Net income decreased 92% to C$454K. Revenues reflect United States segment decrease of 47% to C$3.6M. Net income also reflects Foreign exchange gains and (losses) decrease of 98% to C$29K (income), Redeemable debt - Balancing value increase from C$436K to C$969K (expense).
Employees: 8 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $7.72M as of Sep 30, 2023
Annual revenue (TTM): $7.40M as of Sep 30, 2023
EBITDA (TTM): $3.86M as of Sep 30, 2023
Net annual income (TTM): $9.54M as of Sep 30, 2023
Free cash flow (TTM): -$0.79M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 31,395,863 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization