Sector: Real Estate | Industry: Real Estate Services |
Company Contact | |
Address: | 1250 639 5th Avenue SW Standard Life Building CALGARY AB T2P 0M9 |
Tel: | N/A |
Website: | https://starrexintl.com |
IR: | See website |
Key People | ||
Charles Burns Interim Chief Executive Officer, Director | Deborah Merritt Chief Financial Officer | Scott Michael Reeves Corporate Secretary, Director |
Business Overview |
Starrex International Ltd. is a Canada-based company, which is engaged in the development and acquisitions in the real estate and housing sectors. It provides credit reporting services to mortgage lenders and brokers in the United States. The Company operates through three segments: MFI Credit Solutions, LLC; All American Title Co. Inc., and Starrex International Ltd. (Corporate). MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities. All American Title Co., Inc. provides services required to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing, and insuring the condition of the title to the property. Starrex International Ltd., or Corporate, manages the wholly owned subsidiaries, as well as shareholder services and corporate governance. |
Financial Overview |
For the nine months ended 30 September 2023, Starrex International Ltd revenues increased from $3.2M to $7.4M. Net loss before extraordinary items increased from $303K to $1.6M. Revenues reflect Corporate segment increase from $88K to $677K. Higher net loss reflects Payroll expense increase from $528K to $2.8M (expense), General and administrative increase from $37K (income) to $1.9M (expense). |
Employees: | 4 as of Dec 31, 2005 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $10.91M as of Sep 30, 2023 |
EBITDA (TTM): | -$2.53M as of Sep 30, 2023 |
Net annual income (TTM): | -$3.48M as of Sep 30, 2023 |
Free cash flow (TTM): | $8.23M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $7.91M as of Sep 30, 2023 |
Shares outstanding: | 16,546,113 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |