Madison Pacific Properties Inc. (T:MPC.C)
Business Focus: Real Estate Rental, Development & Operations (NEC)
| Sector: Real Estate | Industry: Real Estate Rental, Development & Operations |
| Company Contact | |
| Address: | 389 W 6th Ave VANCOUVER BC V5Y 1L1 |
| Tel: | 1-604-7326540 |
| Website: | https://madisonpacific.ca |
| IR: | See website |
| Key People | ||
| John Delucchi Chairman of the Board, President, Chief Executive Officer | Bernice Yip Chief Financial Officer | |
| Business Overview |
| Madison Pacific Properties Inc. is a Canada-based real estate company, which owns, develops, and operates office, industrial, commercial, and multi-family rental properties located in British Columbia, Alberta, and Ontario. The Company also has investments in joint ventures that develop residential properties. The Company's investment portfolio comprises around 54 properties with approximately 1.9 million rentable square feet (sq. ft) of industrial and commercial space and a 50% interest in two- multi-family rental properties with a total of 94 units. It offers a range of property management services for its portfolio of investment properties, which include tenant services and relationships, building operations, lease administration, property accounting and reporting and project management services. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,400 acres of development lands in Mission, British Columbia. |
| Financial Overview |
| For the six months ended 29 February 2024, Madison Pacific Properties Inc revenues increased 7% to C$21.5M. Net loss totaled C$43.2M vs. income of C$22.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects FV Adjustments on Investment Property decrease of 69% to C$4.3M (income), Equity earnings of associate and joint v decrease of 95% to C$291K (income). |
| Employees: | 11 as of Aug 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $583.88M as of Feb 29, 2024 |
| Annual revenue (TTM): | $41.90M as of Feb 29, 2024 |
| EBITDA (TTM): | $22.73M as of Feb 29, 2024 |
| Net annual income (TTM): | -$46.99M as of Feb 29, 2024 |
| Free cash flow (TTM): | -$23.74M as of Feb 29, 2024 |
| Net Debt Last Fiscal Year: | $267.87M as of Feb 29, 2024 |
| Shares outstanding: | 59,462,555 as of Feb 29, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
