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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
Matthias Ederer
Co-President
Henry Han-Wei Wang
Co-President
Ted Goldthorpe
Chief Executive Officer, Director
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.
Financial Overview
For the six months ended 30 June 2021, Mount LoganCapital Inc revenues increased 37% to $2.7M. Net incometotaled $65K vs. loss of $2.3M. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Net Income reflects Netchange in unrealized appreciation (d increase from $2.2M(expense) to $145K (income), Interest Exp-Net of Capitalizedecrease of 53% to $552K (expense).
Employees: 12 as of Dec 31, 2016
Reporting Currency: U.S. Dollars
Enterprise value: $108.47M as of Jun 30, 2021
Annual revenue (TTM): $5.90M as of Jun 30, 2021
EBITDA (TTM): $2.20M as of Jun 30, 2021
Net annual income (TTM): -$0.55M as of Jun 30, 2021
Free cash flow (TTM): $0.33M as of Jun 30, 2021
Net Debt Last Fiscal Year: $13.47M as of Jun 30, 2021
Shares outstanding: 17,186,593 as of Jun 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization