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Jamieson Wellness Inc. (T:JWEL)

Business Focus: Special Foods & Wellbeing Products

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1 Adelaide Street East, Suite 2200
TORONTO ON M5C 2V9
Tel: 1-416-7055437
Website: https://investors.jamiesonwellness.com
IR: See website
Key People
Michael Pilato
President, Chief Executive Officer, Director
Christopher Snowden
Chief Financial Officer, Corporate Secretary
Regan Stewart
Chief Operations and People Officer
Don Bird
Executive Vice President - Business Development
Paul Galbraith
Senior Vice President of Sales
Joel Scales
Senior Vice President of Marketing
John Doherty
Chief Science and Innovation Officer
   
Business Overview
Jamieson Wellness Inc. is a Canada-based company, which operates as the health and wellness company. The Company is a manufacturer, distributor and marketer of quality natural health products. The Company's segment includes Jamieson Brands and Strategic Partners. Its Jamieson Brands segment offers vitamins, minerals and supplements (VMS) products and certain over-the-counter remedies through Jamieson and Lorna Vanderhaeghe brands, as well as sports nutrition products through Progressive, Precision and Iron Vegan brands. Its Strategic Partners segment offers manufacturing and product development services on a contract manufacturing basis for blue-chip consumer health companies and retailers worldwide. It also offers services to its Strategic Partners Segment customers, including regulatory advice, new product development and distribution services and industry insights. The Company has manufacturing facilities located in Windsor, Ontario and in Toronto, Ontario.
Financial Overview
For the nine months ended 30 September 2021,Jamieson Wellness Inc revenues increased 13% to C$321.2M.Net income increased 22% to C$31.9M. Revenues reflectStrategic partner segment increase of 37% to C$77.7M,Jamieson Brands segment increase of 7% to C$243.5M. Netincome benefited from Strategic partner segment incometotaling C$4.7M vs. loss of C$425K, Jamieson Brands segmentincome increase of 3% to C$42.4M.
Employees: 866 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $1,678M as of Sep 30, 2021
Annual revenue (TTM): $441.56M as of Sep 30, 2021
EBITDA (TTM): $83.80M as of Sep 30, 2021
Net annual income (TTM): $47.30M as of Sep 30, 2021
Free cash flow (TTM): -$12.59M as of Sep 30, 2021
Net Debt Last Fiscal Year: $189.50M as of Sep 30, 2021
Shares outstanding: 40,406,940 as of Jan 11, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization