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Park Lawn Corporation (T:PLC)

Business Focus: Funeral Services

Sector:  Consumer Non-Cyclicals Industry:  Personal Services
See Regulatory Filings on SEDAR
Company Contact
Address: 2323 Yonge Street, Suite 400
Tel: N/A
IR: See website
Key People
Paul Gerald Smith
Independent Chairman of the Board
Jennifer Hay
General Counsel
J. Bradley Bradley Green
Interim Chief Executive Officer
Joseph Leeder
Chief Financial Officer
Jay Dodds
Chief Operating Officer
James D. Price
Senior Vice President, Industry Relations
Jeff Parker
Chief Technology Officer, Executive Officer
Linda Gilbert
Vice President of Finance and Administration
W. Clark Harlow
Vice President of Finance - U.S.
Lorie Johnson
Vice President of Human Resources
Business Overview
Park Lawn Corporation provides goods and services associated with the disposition and memorialization of human remains. The Company's products and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. The Company has a North American platform with operations in five Canadian provinces and fifteen states in United States.
Financial Overview
For the nine months ended 30 September 2020, ParkLawn Corp revenues increased 38% to C$242.5M. Net incomeincreased from C$6.4M to C$12.8M. Revenues reflect UnitedStates segment increase of 47% to C$211.5M, Canada segmentremaining flat at C$31M. Net income benefited fromAcquisition and integration costs decrease of 50% to C$4.8M(expense). Dividend per share remained flat at C$0.34.
Employees: 1,827 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $974.70M as of Sep 30, 2020
Annual revenue (TTM): $311.43M as of Sep 30, 2020
EBITDA (TTM): $56.39M as of Sep 30, 2020
Net annual income (TTM): $13.31M as of Sep 30, 2020
Free cash flow (TTM): $24.06M as of Sep 30, 2020
Net Debt Last Fiscal Year: $189.93M as of Sep 30, 2020
Shares outstanding: 28,982,057 as of Nov 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization