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Onex Corporation (T:ONEX)

Business Focus: Private Equity

Sector:  Financials Industry:  Investment Management & Fund Operators
See Regulatory Filings on SEDAR
Company Contact
Address: 161 Bay Street,
P O Box 700
Tel: N/A
IR: See website
Key People
Gerald W. Schwartz
Chairman of the Board, President, Chief Executive Officer
Sam Camens
Managing Director - Health and Benefits
Christopher A. Govan
Chief Financial Officer
Andrea E. Daly
Managing Director and General Counsel
Ewout R. Heersink
Senior Managing Director, Director
Robert M. Le Blanc
Senior Managing Director
Seth M. Mersky
Senior Managing Director
Anthony Munk
Senior Managing Director
Emma Thompson
Managing Director and Head of Investor Relations and Fund Development
Nehal Abdel Hakim
Managing Director - Capital Markets
Business Overview
Onex Corp is a Canada-based private equity company. Its segments include Electronics Manufacturing Services, including Celestica Inc. that provides electronics manufacturing services; Healthcare Imaging, including Carestream Health, Inc. that provides healthcare information technology solutions; Health and Human Services, including Res-Care, Inc. that provides residential, educational and support services; Building Products, including JELD-WEN Holding, Inc. that manufactures windows and related products; Insurance Services, including USI Insurance Services; Packaging Products and Services, including SGS International, LLC and SIG Combibloc Group Holdings S.a r.l.; Business and Information Services, including Clarivate Analytics and Emerald Expositions, LLC; Food Retail and Restaurants, including Save-A-Lot; Credit Strategies, including Onex Credit Manager, and Other, including Survitec Group Limited. It also provides airlines service through its portfolio company WestJet Airlines Ltd.
Financial Overview
For the three months ended 31 March 2020, ONEX Corporation revenues increased 26% to $67M. Net loss totaled $997M vs. income of $3.73B. Revenues reflect Management and advisory fees increase of 24% to $61M. Net loss reflects Investing segment loss totaling $985M vs. income of $183M, Asset Management segment loss totaling $67M vs. income of $12M. Dividend per share remained flat at $0.07.
Employees: 429 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $10,338M as of Mar 31, 2020
Annual revenue (TTM): $426.14M as of Mar 31, 2020
EBITDA (TTM): $210.41M as of Mar 31, 2020
Net annual income (TTM): -$601.93M as of Mar 31, 2020
Free cash flow (TTM): $601.93M as of Mar 31, 2020
Net Debt Last Fiscal Year: $5,047M as of Mar 31, 2020
Shares outstanding: 99,159,243 as of Apr 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization