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Urbana Corporation (C:URB)

Business Focus: Investment Management

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