Sector: Financials | Industry: Investment Management & Fund Operators |
Company Contact | |
Address: | 82 Richmond Street East The Canadian Venture Building TORONTO ON M5C 1P1 |
Tel: | N/A |
Website: | https://olive-resource.com |
IR: | See website |
Key People | ||
Donald H. Christie President, Chief Executive Officer, Director | Carmelo Marrelli Chief Financial Officer | R. Bruce Durham Managing Director |
Business Overview |
Olive Resource Capital Inc. is a Canada-based resource-focused merchant bank and investment company. The Company is focused on investment opportunities in the junior resource sector. The Company manages a portfolio of three core investee companies, providing the Company with precious and base metal pre-production exposure, as well as pre-production exposure to the United States agricultural sector. Its investments are split into three portfolios: Merchant Banking, Quantitative and Hedging. Its portfolio consists of public equities, private equities, debt, convertible debt and warrants. The Company's portfolio includes Rockcliff Metals, Black Sheep Income Corp., Nevada Zinc Corp. and Guided Therapeutics Inc. The Company's subsidiary is Norvista Capital General Partner I Ltd. |
Financial Overview |
For the nine months ended 30 September 2023, Olive Resource Capital Inc revenues increased from -C$3.7M to C$1.6M. Net income totaled C$990K vs. loss of C$4.3M. Revenues reflect Unrealized gain (loss) on investments increase from -C$4.5M to C$6.9M, Interest Income increase of 96% to C$65K. Net Income reflects Stock-based compensation decrease of 55% to C$43K (expense), Salaries and benefits decrease of 22% to C$37K (expense). |
Employees: | 3 as of Dec 31, 2005 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2.97M as of Sep 30, 2023 |
Annual revenue (TTM): | $1.10M as of Sep 30, 2023 |
EBITDA (TTM): | $0.31M as of Sep 30, 2023 |
Net annual income (TTM): | $1.49M as of Sep 30, 2023 |
Free cash flow (TTM): | $1.65M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 109,174,709 as of Dec 27, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |