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The Western Investment Company of Canada Limited (V:WI)

Business Focus: Shell Companies

Sector:  Financials Industry:  Holding Companies
See Regulatory Filings on SEDAR
Company Contact
Address: 1010 24 St SE
Tel: N/A
IR: See website
Key People
James F. Dinning
Independent Chairman of the Board
Scott A. Tannas
President, Chief Executive Officer, Secretary, Director
Stacey Cross
Chief Financial Officer
Shafeen Mawani
Chief Operating Officer
Business Overview
Western Investment Company of Canada Ltd is a Canada-based capital pool company. The Company is engaged in identifying and evaluating assets or businesses with a view to acquire them or an interest therein by completing a qualifying transaction. The Company has not generated any revenues.
Financial Overview
For the six months ended 30 June 2020, Western Investment Company of Canada Ltd revenues decreased from C$654K to -C$3.2M. Net loss totaled C$4M vs. income of C$329K. Revenues reflect Income (Loss) from equity investments decrease from C$476K to -C$3.4M. Net loss reflects Gain on acquisition decrease from C$230K (income) to C$0K. Basic Earnings per Share excluding Extraordinary Items decreased from C$0.01 to -C$0.13.
Reporting Currency: Canadian Dollars
Enterprise value: $11.72M as of Jun 30, 2020
Annual revenue (TTM): $-2.66M as of Jun 30, 2020
EBITDA (TTM): -$4.07M as of Jun 30, 2020
Net annual income (TTM): -$3.10M as of Jun 30, 2020
Free cash flow (TTM): -$0.09M as of Jun 30, 2020
Net Debt Last Fiscal Year: $4.66M as of Jun 30, 2020
Shares outstanding: 30,520,756 as of Jun 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization