AD

Alaris Equity Partners Income Trust

AD-UN · TO · Financial Services / Asset Management

21.71CAD+0.11 (+0.51%)

Price History

Full chart

Market Stats

Previous Close21.60
Open21.69
Day Range21.62 – 21.75
52-Week Range16.73 – 25.87
Volume139.73K
Market Cap1.21B
P/E (TTM)7.28
Forward P/E11.05
EPS3.28
Dividend Yield6.64%
Beta1.42
50-Day Avg24.32
200-Day Avg22.86

About

Alaris Equity Partners Income Trust is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consulting services, consumer products and construction related services. The firm seeks to invest in companies raising capital for a partial liquidity, generational transfer, recapitalization, and growth and who do not want to give up control or chance the added risk that comes with high leverage levels. It prefers to invest in companies that are mostly individual or family controlled. The firm typically provides alternative financing for a diversified group of private businesses (Private Company Partners) in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. It seeks to invest in the companies based in Canada, and The United States. It typically invests between $30 million and $150 million in companies with an enterprise values between $10 million and $400 million and EBITDA between $5 million and $50 million, historical EBITDA in excess of $10 million, and Low levels of debt and capital expenditure. The firm also makes small cap investments up to $20 million in private companies that have historical EBITDA in excess of $2 million. However, for larger companies, transactions can be structured to include additional investments. The firm seeks to invest in industries that do not experience large cyclical swings. It does not own any shares and does not require

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Stephen Walter King CFA
  • Employees20
  • Headquarters333 24th Avenue SW, Calgary, AB, Canada, T2S 3E6, Canada
  • Websitehttps://www.alarisequitypartners.com

Leadership

  • Mr. Stephen Walter King CFACEO, President & Director
  • Mr. Daniel MacEachern C.A.Managing Director
  • Ms. Amanda Frazer CAChief Financial Officer
  • Mr. Gregg Delcourt C.F.A.Chief Investment Officer
  • Mr. Michael Donald Ervin L.L.B.Chief Legal Officer & Corporate Secretary
  • Mr. Curtis James KrawetzManaging Director
  • Mr. Shawn Ostrow M.B.A.Managing Director
  • Ms. Christa HiebertDirector of Corporate Communications & Culture
  • Ms. Deanne Erker C.A.Controller
  • Mr. Aaron Potter CPAVice President of Investments

Financials

Income Statement

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue114.19K30.16K18.09K96.38K18.07M16.66M21.57M32.11M52.71M69.31M82.85M100.04M89.07M115.75M115.97M82.70M157.59M227.99M241.25M154.99M222.63M
Growth (%)--73.59%-40.02%+432.75%+18650.33%-7.82%+29.46%+48.89%+64.15%+31.49%+19.54%+20.76%-10.96%+29.95%+0.19%-28.68%+90.54%+44.68%+5.82%-35.76%+43.64%
Cost of Revenue2.38M4.26M7.52M9.15M--1.88M1.80M2.68M3.62M2.82M3.36M3.37M5.38M4.98M4.89M--62.17M-29.20M
Gross Profit-2.26M-4.23M-7.50M-9.05M18.07M16.66M19.69M30.31M50.03M65.68M80.02M96.68M85.70M110.36M110.99M82.70M157.59M227.99M179.08M154.99M193.43M
Gross Margin-1981.71%-14020.65%-41479.34%-9389.54%100.00%100.00%91.30%94.41%94.92%94.77%96.59%96.64%96.22%95.35%95.71%100.00%100.00%100.00%74.23%100.00%86.88%
Operating Expense-4.51M-5.43M-9.35M-7.69M4.06M4.14M-24.17M4.31M9.89M11.55M38.05M-3.85M46.32M9.76M13.19M37.42M-34.21M59.56M-23.35M26.02M-43.48M
Operating Income2.25M1.20M1.84M-1.36M14.01M12.52M43.86M26.00M40.13M54.13M41.98M100.53M39.39M100.60M97.80M45.28M191.80M168.43M202.43M128.97M236.91M
Operating Margin1971.87%3980.11%10190.93%-1406.17%77.52%75.15%203.37%80.97%76.15%78.11%50.67%100.48%44.22%86.92%84.33%54.75%121.71%73.88%83.91%83.21%106.41%
EBITDA4.83M5.91M9.60M8.03M14.22M12.71M43.82M25.86M42.15M62.72M75.59M92.30M29.01M85.30M98.18M53.37M191.24M183.36M202.66M240.59M186.23M
EBITDA Margin4226.02%19588.58%53088.15%8327.10%78.68%76.29%203.19%80.55%79.97%90.50%91.24%92.26%32.56%73.70%84.66%64.53%121.36%80.42%84.00%155.23%83.65%
Net Income2.25M1.20M1.84M-3.05M17.50M7.40M34.71M18.04M29.82M49.05M57.86M66.55M11.88M60.80M36.26M20.29M144.24M130.68M138.45M234.41M90.81M
Net Income Margin1971.87%3980.11%10190.93%-3166.57%96.82%44.43%160.96%56.17%56.58%70.77%69.84%66.53%13.34%52.53%31.27%24.53%91.53%57.32%57.39%151.25%40.79%
R&D-----------0.670.190.640.220.421.050.680.97--
R&D as % of Total Revenue-----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense2.38M4.26M7.52M9.15M2.42M1.71M1.24M1.03M1.68M2.76M3.21M5.88M6.58M8.86M19.29M18.10M24.99M28.18M31.53M4.60M51.94M
Interest Expense % of Total Revenue2081.71%14120.65%41579.34%9489.54%13.37%10.25%5.73%3.22%3.18%3.98%3.87%5.88%7.39%7.65%16.64%21.89%15.86%12.36%13.07%2.97%23.33%

Balance Sheet

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets66.23M70.67M113.30M149.02M164.48M227.80M246.48M332.94M480.73M579.90M788.21M787.22M798.87M891.38M1.05B956.43M1.28B1.37B1.47B1.20B1.42B
Total Liabilities67.53M73.34M115.70M63.72M55.85M32.02M9.96M54.19M50.97M50.22M111.16M132.52M194.32M255.51M450.13M351.42M486.35M471.85M514.07M97.72M296.83M
Total Equity-1.30M-2.68M-2.39M85.30M108.63M195.78M236.51M278.75M429.76M529.68M677.05M654.70M604.54M635.87M604.45M605.01M788.86M898.25M960.82M1.10B1.12B
Cash30.83K762.94K1.60M1.74M3.83M1.82M3.89M3.64M9.00M13.48M20.99M29.49M35.48M22.77M17.10M16.50M18.45M60.19M15.18M4.20M6.38M
Total Debt66.74M70.54M115.00M31.50M29.05M29.20M6.50M50.00M44.50M35.50M77.45M99.38M173.46M228.10M376.97M316.17M416.66M372.49M403.39M64.64M263.74M
Net Debt66.71M69.77M113.40M29.76M25.22M27.38M2.61M46.36M35.50M22.02M56.46M69.89M137.99M205.33M359.87M299.67M398.21M312.30M388.20M60.44M257.35M

Cash Flow

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.31M4.54M478.75K6.83M13.95M12.38M14.61M26.46M43.75M49.65M55.82M73.29M67.25M78.31M74.78M71.86M104.16M152.42M82.96M59.37M-124.71M
Investing Cash Flow-27.63M-5.03M-42.55M-10.24K-13.02M-46.25M-13.96M-91.15M-143.30M-77.45M-141.04M-14.15M-74.90M-71.26M-179.93M-16.60M-228.99M14.85M-98.32M--
Financing Cash Flow25.35M1.22M42.90M-6.68M1.15M31.86M1.42M64.44M104.91M31.89M91.56M-42.28M18.80M-18.98M100.88M-52.87M128.47M-125.16M-29.91M-62.12M126.94M
Capital Expenditure19.77K101.79K2.68K10.24K20.23K11.99K12.98K9.84K15.29K69.34K794.61K43.00K32.00K141.81M20.09M117.70M119.60M161.84M37.00M00
Free Cash Flow2.29M4.44M476.07K6.82M13.93M12.37M14.60M26.45M43.73M49.58M55.03M73.25M67.22M78.31M54.69M71.86M-15.44M152.42M82.96M59.37M-124.71M
Dividends Paid--1.56M6.55M9.36M12.26M17.56M24.46M35.65M44.71M52.63M58.84M59.03M59.20M60.37M41.51M54.84M59.72M61.80M61.92M61.89M
FCF to OCF99.14%97.76%99.44%99.85%99.85%99.90%99.91%99.96%99.97%99.86%98.58%99.94%99.95%100.00%73.14%100.00%-14.83%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--327.68%96.01%67.20%99.15%120.30%92.48%81.52%90.19%95.63%80.33%87.82%75.60%110.38%57.76%-355.16%39.18%74.49%104.30%-49.63%

Earnings

Report DateDec 31, 2008May 5, 2009Jul 30, 2009Nov 3, 2009Mar 11, 2010May 5, 2010Jul 29, 2010Nov 2, 2010Mar 28, 2011Jun 1, 2011Jul 28, 2011Nov 2, 2011Mar 15, 2012Apr 30, 2012Jul 27, 2012Nov 2, 2012Mar 14, 2013May 6, 2013Jul 26, 2013Nov 14, 2013Mar 10, 2014May 5, 2014Jul 24, 2014Nov 13, 2014Mar 19, 2015May 5, 2015Jul 28, 2015Nov 9, 2015Mar 8, 2016May 10, 2016Jul 26, 2016Nov 8, 2016Mar 7, 2017May 8, 2017Jul 25, 2017Nov 6, 2017Mar 5, 2018May 7, 2018Jul 23, 2018Nov 5, 2018Mar 5, 2019May 6, 2019Jul 24, 2019Nov 5, 2019Mar 5, 2020May 5, 2020Jul 28, 2020Nov 5, 2020Mar 9, 2021May 6, 2021Jul 28, 2021Nov 9, 2021Mar 9, 2022May 5, 2022Aug 9, 2022Nov 9, 2022Mar 9, 2023May 9, 2023Aug 2, 2023Nov 8, 2023Mar 14, 2024May 9, 2024Aug 1, 2024Nov 5, 2024Mar 10, 2025May 8, 2025Aug 7, 2025Nov 5, 2025Mar 9, 2026May 6, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate--0.23-------0.160.160.170.220.200.230.260.270.240.330.350.330.300.380.430.520.270.540.480.430.440.450.430.390.380.40-0.380.600.380.360.450.410.450.480.460.240.350.420.390.460.480.410.480.810.450.590.460.430.420.440.460.460.400.680.46-0.150.660.420.470.410.79
EPS Actual1.080.300.270.340.900.210.190.200.150.171.300.160.360.200.200.210.210.260.270.290.410.410.400.450.380.650.300.410.570.570.350.460.590.360.400.440.570.490.460.470.570.380.450.551.05-1.160.450.250.850.550.650.480.430.590.810.650.740.120.611.310.811.520.481.370.360.500.591.76-0.120.690.69-
Surprise--17.39%-------712.50%0.00%111.76%-9.09%0.00%-8.70%-19.23%-3.70%12.50%-12.12%17.14%24.24%33.33%18.42%-11.63%25.00%11.11%-24.07%18.75%32.56%-20.45%2.22%37.21%-7.69%5.26%10.00%-28.95%-23.33%23.68%58.33%-15.56%9.76%22.22%118.75%-352.17%87.50%-28.57%102.38%41.03%41.30%0.00%4.88%22.92%0.00%44.44%25.42%-73.91%41.86%211.90%84.09%230.43%4.35%242.50%-47.06%8.70%493.33%166.67%-128.57%46.81%68.29%-
Timing----------After-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursAfter-hours-Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.21B
Enterprise Value1.35B
Trailing P/E7.28
Forward P/E11.05
Price / Sales6.51
Price / Book0.92
EPS3.28
Book Value25.83
Revenue (TTM)186.14M
Gross Profit (TTM)186.14M
EBITDA153.05M
Profit Margin90.29%
Operating Margin78.05%
Return on Equity14.93%
Return on Assets6.98%
Shares Outstanding50.78M
Shares Float43.86M
Beta1.42
Dividend Yield6.64%
Dividend Rate1.56
Payout Ratio50.00%

Dividends

20262×
0.38Jun 30, 20260.37Mar 31, 2026
20254×
0.37Dec 31, 20250.34Sep 29, 20250.34Jun 30, 20250.34Mar 31, 2025
20244×
0.34Dec 31, 20240.34Sep 27, 20240.34Jun 28, 20240.34Mar 27, 2024
20234×
0.34Dec 28, 20230.34Sep 28, 20230.34Jun 29, 20230.34Mar 30, 2023
20224×
0.34Dec 29, 20220.33Sep 28, 20220.33Jun 29, 20220.33Mar 30, 2022
20214×
0.33Dec 30, 20210.33Sep 28, 20210.31Jun 29, 20210.31Mar 30, 2021
20202×
0.31Dec 30, 20200.31Sep 29, 2020