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Mongolia Growth Group Ltd. (V:YAK)

Business Focus: Real Estate Rental, Development & Operations (NEC)

Sector:  Real Estate Industry:  Real Estate Rental, Development & Operations
 
Company Contact
Address: 570 Poleline Rd
TORONTO ON M5X 1C9,
Tel: N/A
Website: https://www.mongoliagrowthgroup.com
IR: See website
Key People
Harris B. Kupperman
Chairman of the Board, Chief Executive Officer
Genevieve Walkden
Chief Financial Officer, Corporate Secretary
 
Business Overview
Mongolia Growth Group Ltd. is a Canada-based institutional property management platform company. The Company provides a full suite of services including acquisitions, property management, leasing, renovations, and development. Its segments include Investment Property Operations, Corporate, and Subscription Products. Investment Property Operations consist of commercial and residential investment property in Mongolia held for the purposes of rental revenue, capital appreciation or redevelopment. These properties are managed by Big Sky Capital LLC and its subsidiaries. Its services include brokerage-sales and leasing, tenant representation, facilities management, asset management, and real estate consulting. Its subsidiaries include Mongolia (Barbados) Corp., Lemontree PR LLC, MGG US Inc., MGG Properties LLC, Big Sky Capital LLC, Carrollton LLC, Biggie Industries LLC, Zulu LLC, Crescent City LLC, and Oceanus LLC.
Financial Overview
For the nine months ended 30 September 2023, Mongolia Growth Group Ltd revenues decreased 7% to C$2.6M. Net income before extraordinary items increased 33% to C$5.1M. Revenues reflect Subscription products segment decrease of 30% to C$1.6M, Investment Property segment decrease of 31% to C$376K, Canada segment decrease of 30% to C$1.6M.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $3.69M as of Sep 30, 2023
EBITDA (TTM): $0.05M as of Sep 30, 2023
Net annual income (TTM): $9.30M as of Sep 30, 2023
Free cash flow (TTM): $5.07M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 26,094,399 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization