Helios Fairfax Partners Corporation (T:HFPC.U)
Business Focus: Investment Holding Companies (NEC)
| Sector: Financials | Industry: Investment Holding Companies |
| Company Contact | |
| Address: | 95 Wellington St W Suite 800 TORONTO ON M5J 2N7 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Ken Costa Chairman of the Board | Tope Lawani Co-Chief Executive Officer, Director | Babatunde T. Soyoye Co-Chief Executive Officer, Director |
| Belinda Blades Chief Financial Officer | Luciana Germinario Chief Operating Officer | Julia Gray General Counsel, Corporate Secretary | Dylan Buttrick Managing Director - South Africa and Mauritius |
| Business Overview |
| Helios Fairfax Partners Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, Africa. The company makes its investments either directly or through one of its wholly owned subsidiaries, which include a South Africa-based subsidiary HFP South Africa Investments Proprietary Limited (SA Sub) and a Mauritius-based subsidiary HFP Investments Limited (Mauritius Sub). HFA Topco, L.P. is the portfolio advisor of the Company and, through its sub-advisor, Helios Investment Partners LLP (the Manager), provides investment management services, investment advisory services and investment administration services to the Company. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Helios Fairfax Partners Corp revenues decreased from -$22.1M to -$45.9M. Net loss increased 41% to $71.7M. Revenues reflect Net losses on investments - Balancing va decrease from -$4.7M to -$63.3M, Unrealized related party derivatives and decrease from $14.2M to -$40.3M, Interest and dividends decrease of 78% to $208K. Higher net loss reflects Administrative expenses increase of 12% to $3.5M (expense). |
| Employees: | 13 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $30.43M as of Dec 31, 2023 |
| Annual revenue (TTM): | $-45.92M as of Dec 31, 2023 |
| EBITDA (TTM): | -$64.92M as of Dec 31, 2023 |
| Net annual income (TTM): | -$71.69M as of Dec 31, 2023 |
| Free cash flow (TTM): | $0.48M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 160,811,059 as of Apr 9, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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