Sector: Financials | Industry: Investment Management & Fund Operators |
Company Contact | |
Address: | 150 King Street West, Suite1702 TORONTO ON M5H 1J9 |
Tel: | 1-416-5959106 |
Website: | https://www.urbanacorp.com |
IR: | See website |
Key People | ||
Thomas S. Caldwell Chairman of the Board, President, Chief Executive Officer | Sylvia V. Stinson Chief Financial Officer | Harry K. Liu General Counsel, Corporate Secretary | Mark Lerohl Consultant |
Business Overview |
Urbana Corporation is a Canada-based investment holding company. The Company's objectives are to seek out, and invest in, private investment opportunities for capital appreciation and invest in publicly traded securities. The Company makes investments in a range of private companies across different industry sectors. The Company's investment portfolio includes private equity investments, public equity investments and private debt investments. It has owned resource properties in Urban Township, Quebec, where it holds approximately 44 claims in the area totaling over 1,154.4 hectares. Caldwell Investment Management Ltd. (CIM) is the investment manager, which provides investment, portfolio management and other services to the Company. Its subsidiaries include Urbana International Inc. and Radar Capital Inc. |
Financial Overview |
For the fiscal year ended 31 December 2023, Urbana Corp revenues increased from C$32.5M to C$90.5M. Net income increased from C$18.9M to C$69.5M. Revenues reflect Net change in unrealized gain on investm increase from C$19.2M to C$75.8M, Dividends increase from C$4.1M to C$12.5M. Net income benefited from Administrative decrease of 5% to C$1.5M (expense). Dividend per share increased from C$0.10 to C$0.11. |
Employees: | 2 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $245.41M as of Dec 31, 2023 |
Annual revenue (TTM): | $90.51M as of Dec 31, 2023 |
EBITDA (TTM): | $77.38M as of Dec 31, 2023 |
Net annual income (TTM): | $69.52M as of Dec 31, 2023 |
Free cash flow (TTM): | -$10.63M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $42.36M as of Dec 31, 2023 |
Shares outstanding: | 41,395,100 as of Jan 4, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |