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Sienna Senior Living Inc. (T:SIA)

Business Focus: Residential & Long-Term Care

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
Company Contact
Address: 302 Town Centre Blvd., Suite 300
MARKHAM ON L3R 0E8
Tel: N/A
Website: https://www.siennaliving.ca
IR: See website
Key People
Nitin Jain
President, Chief Executive Officer, Director
David Hung
Executive Vice President, Chief Financial Officer
Olga Giovanniello
Chief Human Resource Officer, Executive Vice President
Jennifer Anderson
Executive Vice President - Long Term Care Operations
Teresa Fritsch
Executive Vice President, Chief Corporate Officer
Mark A. Lugowski
Executive Vice President - Retirement Operations
Adam Walsh
Senior Vice President, General Counsel, Corporate Secretary
Nancy Webb
Senior Vice President - Public Affairs and Marketing
 
Business Overview
Sienna Senior Living Inc. is a Canada-based seniors' living provider. The Company serves the continuum of independent living (IL), independent supportive living (ISL), assisted living (AL), memory care and long-term care (LTC) through the ownership and operation of seniors' living residences in the Provinces of British Columbia, Saskatchewan and Ontario. It offers a full range of seniors' living options, including independent living and assisted living under its Aspira retirement brand, long-term care, and specialized programs and services. It owns and operates a total of 81 seniors' living residences: 39 retirement residences, including its joint venture interest in 12 residences in Ontario and Saskatchewan; 34 LTC residences; and eight seniors' living residences providing both private-pay IL and AL and funded LTC, including its joint ownership in two residences in British Columbia. It also offers management services to 11 seniors' living residences in British Columbia and Ontario.
Financial Overview
For the fiscal year ended 31 December 2023, Sienna Senior Living Inc revenues increased 9% to C$785.4M. Net income decreased 34% to C$7M. Revenues reflect Long-Term Care segment increase of 10% to C$614.6M, FFO per Share (Basic) increase of 17% to C$1.13. Net income was offset by Gain on disposal of properties decrease from C$23.7M (income) to C$0K. Dividend per share decreased from C$0.94 to C$0.86.
Employees: 12,000 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $1,942M as of Dec 31, 2023
Annual revenue (TTM): $785.37M as of Dec 31, 2023
EBITDA (TTM): $107.56M as of Dec 31, 2023
Net annual income (TTM): $7.04M as of Dec 31, 2023
Free cash flow (TTM): -$5.69M as of Dec 31, 2023
Net Debt Last Fiscal Year: $982.25M as of Dec 31, 2023
Shares outstanding: 72,967,166 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization