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Mount Logan Capital Inc. (E:MLC)

Business Focus: Investment Management

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEDAR
Company Contact
Address: 365 Bay St Suite 800
TORONTO ON M5H 2V1
Tel: N/A
Website: https://www.mountlogancapital.ca
IR: See website
Key People
Edward Goldthorpe
Chairman of the Board, Chief Executive Officer
Jason T. Roos
Chief Financial Officer, Company Secretary
 
Business Overview
Mount Logan Capital Inc is a Canada-based alternative asset management company. The Company is focused on investing in public and private debt securities in the North American market. The Company sources, evaluates, underwrites, monitors, and primarily invests in loans, debt securities, and other credit-oriented instruments that has risk-adjusted returns and low risk of principal impairment through the credit cycle. The Company also provides insurance solutions.
Financial Overview
For the nine months ended 30 September 2021, MountLogan Capital Inc revenues increased 83% to $5.5M. Netincome totaled $544K vs. loss of $1M. Revenues reflectManagement fee and other income increase from $0K to $3.1M.Net Income reflects Net change in unrealized appreciation(d increase from $952K (expense) to $445K (income), Netrealized G/L on sale of investments increase from $69K to$315K (income).
Employees: 12 as of Dec 31, 2016
Reporting Currency: U.S. Dollars
Enterprise value: $118.39M as of Sep 30, 2021
Annual revenue (TTM): $8.01M as of Sep 30, 2021
EBITDA (TTM): $3.13M as of Sep 30, 2021
Net annual income (TTM): -$1.53M as of Sep 30, 2021
Free cash flow (TTM): -$14.79M as of Sep 30, 2021
Net Debt Last Fiscal Year: $41.82M as of Sep 30, 2021
Shares outstanding: 19,351,593 as of Sep 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization