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 |