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Wall Financial Corporation. (T:WFC)

Business Focus: N/A

Sector:  N/A Industry:  N/A
See Regulatory Filings on SEDAR
Company Contact
Address: 3502 - 1088 Burrard Street
Tel: N/A
Website: N/A
Key People
Bruno Wall
President, Chief Executive Officer, Chief Financial Officer, Director
Sascha Voth
General Manager and Vice President, Hotel Operations of the Company, Director
Business Overview
Wall Financial Corporation is a Canada-based real estate investment and development company. The Company operates in three segments of the real estate industry: ownership and management of residential rental properties, the development and sale of residential housing (development properties) and the ownership and management of hotel properties. The Company owns and manages approximately 1,060 residential units and approximately five commercial units in over nine properties in Metro Vancouver, with over 210 units at the Shannon Gate rental property in the lease up phase. The Company owns and manages over two hotel properties in Metro Vancouver, including the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. The Company's properties under development include Eagle Mountain, Mandarin Residences, Wall Centre Central Park, Shannon Wall Centre Kerrisdale, Binning Tower and Strathcona Village.
Financial Overview
For the six months ended 31 July 2021, WallFinancial Corporation revenues increased from C$63.3M toC$181.6M. Net income totaled C$12.2M vs. loss of C$5.4M.Revenues reflect Development segment increase from C$35.3Mto C$153M, Occupancy - %-Westin Wall increase of 38% to35.5%, Average Daily Room Rate (ADR)-Westin Wal increase of85% to C$332. Net Income reflects Interest Expense decreaseof 38% to C$8.4M (expense).
Employees: 411 as of Jan 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $1,122M as of Jul 31, 2021
Annual revenue (TTM): $309.79M as of Jul 31, 2021
EBITDA (TTM): $56.60M as of Jul 31, 2021
Net annual income (TTM): $18.10M as of Jul 31, 2021
Free cash flow (TTM): $122.42M as of Jul 31, 2021
Net Debt Last Fiscal Year: $511.61M as of Jul 31, 2021
Shares outstanding: 32,453,365 as of Jul 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization