Melcor Developments Ltd. (T:MRD)
Business Focus: Real Estate Rental, Development & Operations (NEC)
| Sector: Real Estate | Industry: Real Estate Rental, Development & Operations |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | 900, 10310 Jasper Avenue EDMONTON AB T5J 1Y8 |
| Tel: | N/A |
| Website: | www.melcor.ca |
| IR: | See website |
| Key People | ||
| Timothy C. Melton Executive Chairman of the Board, Chief Executive Officer | Naomi Marie Stefura Chief Financial Officer, Executive Vice President | Susan Keating Vice President - Community Development Edmonton | Graeme Melton Vice President - Community Development Calgary & USA |
| Business Overview |
| Melcor Developments Ltd. is a Canada-based real estate development and asset management company. The Company develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The Company's divisions include Community Development, Property Development, Investment Properties, REIT and Recreational Property. The Community Development division is engaged in acquiring raw land for commercial and residential community development. The Property Development is engaged in developing retail, office and industrial income producing properties on serviced commercial sites developed by community development. The Investment Properties division manages and leases the commercial developments produced by the property development. The REIT division owns and holds income producing properties. The Recreational Properties division owns and operates championship golf courses associated with its residential communities. |
| Financial Overview |
| For the nine months ended 30 September 2022, Melcor Developments Ltd revenues increased less than 1% to C$165.5M. Net income increased from C$11.5M to C$52.2M. Revenues reflect Investment Property segment increase of 9% to C$32.2M, Canada segment increase of 11% to C$153.7M, also reflect Property Development segment decrease of 41% to C$7.1M, United States segment decrease of 56% to C$11.8M. |
| Employees: | 124 as of Dec 31, 2021 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1,027M as of Sep 30, 2022 |
| Annual revenue (TTM): | $316.08M as of Sep 30, 2022 |
| EBITDA (TTM): | $111.94M as of Sep 30, 2022 |
| Net annual income (TTM): | $96.92M as of Sep 30, 2022 |
| Free cash flow (TTM): | $1.02M as of Sep 30, 2022 |
| Net Debt Last Fiscal Year: | $683.53M as of Sep 30, 2022 |
| Shares outstanding: | 31,248,628 as of Jan 6, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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