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Olive Resource Capital Inc. (V:OC)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
Company Contact
Address: 82 Richmond Street East
The Canadian Venture Building
Tel: N/A
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 three months ended 31 March 2024, Olive Resource Capital Inc revenues decreased from C$1M to -C$222K. Net loss totaled C$391K vs. income of C$826K. Revenues reflect Unrealized (loss) gain on investments decrease from C$827K to -C$296K, Realized gain on investments decrease of 100% to C$1K. Net loss reflects General and administrative increase from C$22K to C$46K (expense).
Employees: 3 as of Dec 31, 2005
Reporting Currency: Canadian Dollars
Enterprise value: $0.97M as of Mar 31, 2024
Annual revenue (TTM): $0.17M as of Mar 31, 2024
EBITDA (TTM): -$0.57M as of Mar 31, 2024
Net annual income (TTM): -$0.59M as of Mar 31, 2024
Free cash flow (TTM): $0.84M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 109,174,709 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization