Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Indigo Books & Music Inc. (T:IDG)

Business Focus: Other Specialty Retailers

Sector:  Consumer Cyclicals Industry:  Other Specialty Retailers
See Regulatory Filings on SEDAR
Company Contact
Address: 468 King St W Suite 500
Tel: N/A
IR: See website
Key People
Heather M. Reisman
Chairman of the Board, Chief Executive Officer
Kirsten Chapman
Craig Loudon
Chief Financial Officer, Executive Vice President - Supply Chain
Gildave Mayer Dennis
Chief Operating Officer
Bahman Parizadeh
Chief Technology Officer
Nathan Williams
Chief Creative Officer
Business Overview
Indigo Books & Music Inc. is a Canada-based book, gift and toy retailer. The Company operates stores in approximately 10 provinces and a territory in Canada, and offers online sales through its Website. It operates approximately 90 superstores under the banners Chapters and Indigo, and approximately 120 small format stores under the banners Coles, Indigospirit, SmithBooks and The Book Company. The Company has interests in Calendar Club of Canada Limited Partnership (Calendar Club), which operates seasonal kiosks and year-round stores in shopping malls across Canada. Its loyalty programs include irewards, which is a fee-based loyalty program, and the plum rewards program, which is a free points-based loyalty program. The plum rewards program offers points on all products in its stores. The Website offers customers a number of titles, along with a range of general merchandise. The Company focuses on home, paper merchandise and fashion accessories.
Financial Overview
For the fiscal year ended 03 April 2021, IndigoBooks & Music Inc. revenues decreased 6% to C$904.7M. Netloss decreased 69% to C$57.9M. Revenues reflect Superstoressegment decrease of 33% to C$439.8M, Small format storessegment decrease of 41% to C$72.6M. Lower net loss reflectsother operating and admin expenses decrease of 12% toC$214.6M (expense), Share of loss from equity investmentsdecrease of 88% to C$197K (expense).
Employees: 5,000 as of Apr 3, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $581.40M as of Apr 3, 2021
Annual revenue (TTM): $904.74M as of Apr 3, 2021
EBITDA (TTM): $16.76M as of Apr 3, 2021
Net annual income (TTM): -$57.87M as of Apr 3, 2021
Free cash flow (TTM): $24.41M as of Apr 3, 2021
Net Debt Last Fiscal Year: $465.73M as of Apr 3, 2021
Shares outstanding: 27,280,211 as of Jul 26, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization