Sector: Financials | Industry: Closed End Funds |
Company Contact | |
Address: | 10 Alcorn Avenue, Suite 205 TORONTO ON M4V 3A9 |
Tel: | N/A |
Website: | www.ldic.ca/healthcare-special-opportunities-fund |
IR: | See website |
Key People | ||
Michael Barry Rice Decter Chairman of the Board, Chief Executive Officer, Chief Investment Officer, Chief Compliance Officer | Rahim Khakiani Chief Financial Officer of LDIC Inc |
Business Overview |
Healthcare Special Opportunities Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objective is to provide holders of Units (Unitholders) with long-term total return through distributions and capital appreciation of the Fund's investment portfolio (the Portfolio) by investing in equity and debt securities of issuers that derive a significant portion of their revenue or earnings from medical and healthcare products and/or services. Its issuers operate in the healthcare industry sub-sectors: healthcare services, financials, and insurance; healthcare products and technology; healthcare facilities and real estate investment trusts, and retirement lifestyle, wellness and entertainment. LDIC Inc. is the manager of the Fund. |
Financial Overview |
For the six months ended 30 June 2023, Healthcare Special Opportunities Fund revenues increased from -C$4.5M to C$319K. Net income totaled C$52K vs. loss of C$4.8M. Revenues reflect Unrealized G/L on Investment Securities increase from -C$4.2M to C$66K, Realized G/L on Investments Securities increase from -C$490K to C$112K, Interest for distribution purposes increase from C$3K to C$32K. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $16.35M as of Jun 30, 2023 |
Annual revenue (TTM): | $0.10M as of Jun 30, 2023 |
EBITDA (TTM): | -$0.46M as of Jun 30, 2023 |
Net annual income (TTM): | -$0.48M as of Jun 30, 2023 |
Free cash flow (TTM): | $3.67M as of Jun 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 1,576,207 as of Sep 6, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |