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Pender Growth Fund Inc. (V:PTF)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: Suite 1830, 1066 W. Hastings Street
VANCOUVER BC V6E 3X2
Tel: N/A
Website: https://www.pendergrowthfund.com
IR: See website
Key People
Kelly Edmison
Chairman of the Board
David Barr
President, Chief Executive Officer, Director
Gina Jones
Chief Financial Officer
Business Overview
Pender Growth Fund Inc. is an investment firm. The investment objective of the Company is to achieve long-term capital growth from investment in opportunities identified by the manager. The Company utilizes its small capital base and long-term horizon to invest in situations, primarily small cap, special situations, and illiquid public and private companies. The Company invests in public and private companies based primarily in Canada and the United States principally in the technology sector. The Company has been managed by PenderFund Capital Management Ltd.
Financial Overview
For the fiscal year ended 31 December 2023, Pender Growth Fund Inc revenues increased from -C$139.3M to C$9M. Net income totaled C$1M vs. loss of C$127.8M. Revenues reflect Unrealized G/L on Investment Securities increase from -C$126M to C$18M, Net realized loss increase of 34% to -C$8.9M, Foreign exchange loss increase of 33% to -C$1K. Net Income reflects Other Non Operating I/E decrease of 72% to C$7.2M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $51.78M as of Dec 31, 2023
Annual revenue (TTM): $9.03M as of Dec 31, 2023
EBITDA (TTM): $7.24M as of Dec 31, 2023
Net annual income (TTM): $1.03M as of Dec 31, 2023
Free cash flow (TTM): $5.42M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 7,368,229 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization