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Northfield Capital Corporation (V:NFD.A)

Business Focus: Private Equity

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: 141 Adelaide Street West, Suite 301
TORONTO ON M5H 3L5
Tel: N/A
Website: www.northfieldcapital.com
IR: See website
Key People
Robert D. Cudney
President, Chief Executive Officer, Director
Michael G. Leskovec
Chief Financial Officer
 
Business Overview
Northfield Capital Corporation is a Canada-based company, which holds interest in resource, manufacturing and technology sectors. The Company is focused on making strategic investments in, and supporting the management initiatives of, selected businesses. It operates in four segments: Investments, Aviation Services, Winery, and Distillery. Investments segment is engaged in investment activities, including holding interests in resource, manufacturing and technology sectors. Aviation Services segment provides chartered air, flight training and aircraft maintenance services across Canada and cross-border to United States. Winery segment includes Vineyard and winery, which is located in Prince Edward County, manufacturing and selling wine. Distillery segment include spirit distilling at Spirit of York distillery located in Toronto's distillery district.
Financial Overview
For the fiscal year ended 31 December 2023, Northfield Capital Corp revenues increased from -C$2.5M to C$5.8M. Net loss decreased 52% to C$6.7M. Revenues reflect Unrealized loss on FVTPL investments increase of 80% to -C$2.2M, Revenues from product sales, winery, net increase from C$665K to C$1.4M, Revenue from aviation services increase of 16% to C$4.3M. Lower net loss reflects Amortization decrease of 19% to C$1.6M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $77.01M as of Dec 31, 2023
Annual revenue (TTM): $5.79M as of Dec 31, 2023
EBITDA (TTM): -$6.31M as of Dec 31, 2023
Net annual income (TTM): -$6.68M as of Dec 31, 2023
Free cash flow (TTM): -$7.22M as of Dec 31, 2023
Net Debt Last Fiscal Year: $9.68M as of Dec 31, 2023
Shares outstanding: 2,218,483 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization