SOL Global Investments Corp. (C:SOL)
Business Focus: Private Equity
| Sector: Financials | Industry: Investment Management & Fund Operators |
| Company Contact | |
| Address: | 100 King Street West, Suite 5600 TORONTO ON M5X 1C9 |
| Tel: | N/A |
| Website: | https://solglobal.com |
| IR: | See website |
| Key People | ||
| Paul Kania Interim Chief Executive Officer, Chief Financial Officer | Deena Siblock Vice President, Director | |
| Business Overview |
| SOL Global Investments Corp. is a Canada-based diversified international investment and private equity holding company, which is engaged in investing in small and mid-cap sectors. SOL Global provides growth capital to small and mid-sized businesses. The Company's investments range from minority positions to strategic holdings with active advisory mandates with an objective of providing shareholders with a long-term return through capital appreciation, dividends, and interest from its investments. The Company's business segments include Retail (QSR & Hospitality), Agriculture (including Cannabis), Technology (with a focus on Clean-Tech and Electric Vehicles), Esports and Gaming, and New Age Wellness. |
| Financial Overview |
| For the fiscal year ended 30 November 2023, SOL Global Investments Corp revenues increased 87% to -C$31.5M. Net loss decreased 89% to C$34.1M. Revenues reflect Net change in fair value of investments increase of 84% to -C$38.9M, Interest and other income increase from C$1.9M to C$7.4M. Lower net loss reflects Severance expense decrease from C$21.5M (expense) to C$0K, Salaries and consulting decrease of 75% to C$2.4M (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $34.23M as of Nov 30, 2023 |
| Annual revenue (TTM): | $-31.53M as of Nov 30, 2023 |
| EBITDA (TTM): | -$49.27M as of Nov 30, 2023 |
| Net annual income (TTM): | -$34.13M as of Nov 30, 2023 |
| Free cash flow (TTM): | -$3.26M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | $32.06M as of Nov 30, 2023 |
| Shares outstanding: | 54,441,981 as of Nov 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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