Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Torrent Capital Ltd. (V:TORR)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
See Regulatory Filings on SEDAR
Company Contact
Address: 1969 Upper Water Street
Suite 2001, Purdy's Wharf Tower ll
Tel: N/A
IR: See website
Key People
Wade K. Dawe
Chief Executive Officer, Director
Robert Randall
Chief Financial Officer
Scott Gardner
Chief Investment Officer
Business Overview
Torrent Capital Ltd is a Canada-based company that invests primarily in the securities of public and private companies. The Company may invest in the securities of both public and private companies and may take part in private or public offerings for predetermined royalties, equity positions, debt, convertible or preferred securities. The Company also provides advisory services. The Company may elect to invest in such events, provide financing or purchase securities in exchange for fees, interest, or equity positions.
Financial Overview
For the six months ended 30 June 2022, Torrent Capital Ltd revenues was not reported. Net loss totaled C$7.3M vs. income of C$2M. Net loss reflects Unrealized loss on investments increase from C$379K to C$8M (expense), Realized gain on investments decrease of 98% to C$61K (income), Directors fees increase of 56% to C$62K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from C$0.08 to -C$0.30.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Jun 30, 2022
EBITDA (TTM): -$1.50M as of Jun 30, 2022
Net annual income (TTM): -$7.70M as of Jun 30, 2022
Free cash flow (TTM): $0.15M as of Jun 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 25,004,167 as of Jul 14, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization