Sector: Financials | Industry: Closed End Funds |
Company Contact | |
Address: | TORONTO ON M5J 2T3 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
Mark A. Caranci President, Chief Executive Officer, Director | Ann Wong Chief Financial Officer, Director | Kathryn Banner Senior Vice President, Corporate Secretary |
Michael Clare Senior Vice President and Senior Portfolio Manager | Christopher Cullen Senior Vice President | Manith Phanvongsa Senior Vice President |
Michelle Tiraborelli Senior Vice President | Laura Lau Chief Investment Officer |
Business Overview |
Sustainable Power & Infrastructure Split Corp. (the Fund) is a Canada-based mutual fund. The Fund invests in a globally diversified and actively managed portfolio, consisting primarily of dividend-paying securities of power and infrastructure companies, whose assets, products and services the manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. The Fund's portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others (Sustainable Power and Infrastructure Companies). The Fund's portfolio of investments is managed, and performance is evaluated, on a fair value basis. The Fund is primarily focused on fair value information and uses that information to assess the assets' performance and to make decisions. Brompton Funds Limited is the investment manager of the Fund. |
Financial Overview |
For the fiscal year ended 31 December 2022, Sustainable Power & Infrstrctr Splt Corp revenues decreased from C$5.7M to -C$7.9M. Net loss applicable to common stockholders totaled C$10.7M vs. income of C$3.2M. Revenues reflect Net change in unrealized gain (loss) on decrease from C$7.2M to -C$4.4M, Net realized gain (loss) on sale of inve decrease from -C$1.3M to -C$3.4M, Net realized gain (loss) on foreign curr decrease of 83% to -C$2.5M. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2.56M as of Dec 31, 2022 |
Annual revenue (TTM): | $-7.94M as of Dec 31, 2022 |
EBITDA (TTM): | -$8.68M as of Dec 31, 2022 |
Net annual income (TTM): | -$10.70M as of Dec 31, 2022 |
Free cash flow (TTM): | -$9.59M as of Dec 31, 2022 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 3,546,466 as of Jan 5, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |