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Partners Value Investments LP (V:PVF.UN)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: HAMILTON
Tel: N/A
Website: https://www.pvii.ca
IR: See website
Key People
Bahir Manios
President, Director
Brian D. Lawson
Chief Executive Officer, Director
Jason Weckwerth
Chief Financial Officer
Kunal Dusad
Senior Vice President
Kathy Sarpash
General Counsel, Company Secretary
 
Business Overview
Partners Value Investments L.P. is a Bermuda-based investment partnership. The Company's principal investments are an ownership interest in approximately 130 million BN Shares and approximately 30 million Class A limited voting shares of Brookfield Asset Management Ltd. The Company's objective is to provide its unitholders with capital appreciation and holders of preferred units with income returns. Its investment income includes dividends from its investment in Brookfield Corporation and Brookfield Asset Management Ltd. shares and other securities. Its investments in Brookfield Corporation and Brookfield Asset Management Ltd. are owned indirectly through its wholly owned subsidiaries, Partners Value Investments Inc., and Partners Value Split Corp. It also holds a portfolio of other securities, including investments in limited partnership units of Brookfield Business Partners, BNRE Shares and a diversified portfolio of other securities. The Company is managed by PVI Management Trust.
Financial Overview
For the fiscal year ended 31 December 2023, Partners Value Investments LP revenues decreased 91% to $96.9M. Net income applicable to common stockholders decreased 100% to $5.4M. Revenues reflect Dividends decrease of 92% to $85.1M. Net income also reflects Investment valuation (losses) gains increase from $10.7M (income) to $6.2M (expense), Operating expenses increase from $2.4M to $6.2M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $6,899M as of Dec 31, 2023
Annual revenue (TTM): $132.40M as of Dec 31, 2023
EBITDA (TTM): $49.10M as of Dec 31, 2023
Net annual income (TTM): $7.33M as of Dec 31, 2023
Free cash flow (TTM): $31.48M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,392M as of Dec 31, 2023
Shares outstanding: 70,647,537 as of Feb 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization