Sector: Financials | Industry: Investment Management & Fund Operators |
Company Contact | |
Address: | 1420, 205 5th Avenue SW CALGARY AB T2P 2V7 |
Tel: | N/A |
Website: | https://www.wilmingtoncapital.com |
IR: | See website |
Key People | ||
Joseph F. Killi Chairman of the Board | Christopher J. Killi Chief Executive Officer, Managing Partner, Director | Patrick Richard Craddock Managing Partner, Vice President - Finance | Alex Jean Powell Corporate Secretary |
Business Overview |
Wilmington Capital Management Inc. is a Canada-based investment and asset management company. The Company is focused on investments in alternative real estate assets classes and the energy sector where assets are undervalued. The Company's objective is to seek out investment opportunities in the alternative asset classes and in the energy sector through private equity funds, which provide shareholders with capital appreciation over the longer term as opposed to current income returns. It invests its own capital alongside partners and co-investors in hard assets and private equity funds and manages these assets through operating entities. It holds interest in Maple Leaf Marinas Holdings Limited Partnership and Bay Moorings Marina Holdings Limited Partnership, which owns and operates approximately 21 marinas in Ontario having over 8,800 boat slips and racks, located on over 500 acres of waterfront land including 76 acres of re-development and expansion lands. |
Financial Overview |
For the fiscal year ended 31 December 2023, Wilmington Capital Management Inc revenues increased 29% to C$3.9M. Net income decreased 18% to C$2.3M. Revenues reflect Management fee revenue increase of 70% to C$833K. Net income was offset by Share of net loss from Northpoint Resour increase from C$174K (income) to C$122K (expense), General and administrative increase of 5% to C$2.1M (expense). |
Employees: | 3 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $8.40M as of Dec 31, 2023 |
Annual revenue (TTM): | $3.90M as of Dec 31, 2023 |
EBITDA (TTM): | $1.67M as of Dec 31, 2023 |
Net annual income (TTM): | $2.29M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.27M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 12,325,833 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |