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Premium Income Corporation

Premium Income Corporation

PIC-A · TO · Financial Services / Asset Management

9.72CAD-0.28 (-2.80%)

Price History

Full chart

Market Stats

Previous Close10.00
Open9.99
Day Range9.70 – 9.99
52-Week Range4.69 – 11.12
Volume51.20K
Market Cap201.98M
P/E (TTM)1.41
Forward P/E0.00
EPS6.84
Dividend Yield11.20%
Beta1.09
50-Day Avg10.18
200-Day Avg8.42

About

Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.

Company Details

Leadership

  • Mr. John Paul Mulvihill C.F.A., CM, O.C.Chairman, Chief Executive Officer, President and Secretary · b. 1948

Financials

Income Statement

Currency: CAD2007-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue52.02M-48.89M24.20M21.58M8.66M30.99M33.14M-10.92M20.97M41.84M-6.06M21.41M-44.42M110.97M41.49M-29.09M96.80M30.28M
Growth (%)--193.98%+149.50%-10.83%-59.86%+257.78%+6.94%-132.96%+291.93%+99.54%-114.47%+453.52%-307.49%+349.82%-62.61%-170.10%+432.78%-68.72%
Cost of Revenue----4.45M-24.20M0000-2.49M2.64M2.82M2.61M3.50M3.48M
Gross Profit52.02M-48.89M24.20M21.58M4.21M30.99M8.94M-10.92M20.97M41.84M-6.06M21.41M-44.42M110.97M41.49M-29.09M96.80M26.80M
Gross Margin100.00%100.00%100.00%100.00%48.58%100.00%26.98%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%88.51%
Operating Expense5.68M3.41M3.52M2.69M2.38M869.66K2.70M871.87K855.37K803.34K916.20K916.73K1.05M906.15K64.41M3.37M4.35M-77.70M
Operating Income46.34M-52.30M20.68M18.89M1.83M30.12M6.25M-11.80M20.11M41.04M-6.97M20.49M-45.47M110.06M-22.92M-32.45M92.45M104.50M
Operating Margin89.08%106.97%85.44%87.53%21.14%97.19%18.84%107.98%95.92%98.08%115.13%95.72%102.37%99.18%-55.23%111.57%95.51%345.15%
EBITDA46.34M-52.25M20.68M18.89M1.83M30.12M26.29M-9.27M10.93M31.85M-6.97M10.18M-84.57K110.06M-24.47M-12.39M92.56M104.50M
EBITDA Margin89.08%106.87%85.44%87.53%21.14%97.19%79.32%84.84%52.12%76.14%115.13%47.54%0.19%99.18%-58.97%42.61%95.63%345.15%
Net Income18.59M13.87M41.70M-549.48K13.42M30.12M32.47M-11.80M20.11M41.04M-6.97M20.49M-45.47M110.06M-21.37M-44.85M76.34M84.14M
Net Income Margin35.73%-28.38%172.29%-2.55%154.92%97.19%97.97%107.98%95.92%98.08%115.13%95.72%102.37%99.18%-51.49%154.19%78.86%277.92%
Interest Expense------00000000--16.11M20.36M
Interest Expense % of Total Revenue------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--16.64%67.24%

Balance Sheet

Currency: CAD2007-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets499.27M290.23M293.36M198.22M197.76M214.71M230.30M223.84M224.30M247.05M210.23M278.86M215.50M303.39M256.84M237.16M397.37M423.08M
Total Liabilities-229.90M214.42M143.10M145.17M528.41K146.49M2.04M160.38M159.93M1.95M202.26M202.74M203.96M200.13M230.02M313.74M256.24M
Total Equity211.03M60.33M78.94M55.12M52.59M67.67M83.81M61.67M63.92M87.12M58.12M76.60M12.76M99.42M56.71M7.13M83.63M166.84M
Cash776713.21K621.50K364.22K387.00K1.47M872.52K6.86M1.08M385.88K1.01M3.27M1.83M3.40M2.56M3.46M25.53K2.98M
Total Debt-----146.24M146.24M159.73M159.66M159.66M149.93M201.66M201.66M197.76M199.82M229.66M313.40M251.86M
Net Debt-776-713.21K-621.50K-364.22K-387.00K144.77M145.37M152.88M158.59M159.28M148.92M198.39M199.84M194.36M197.26M226.20M313.38M248.88M

Cash Flow

Currency: CAD2009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow-27.03M53.82M70.54M15.29M12.45M15.74M9.35M10.36M11.44M46.57M-60.03M15.31M23.01M24.32M-8.65M56.37M-10.46M
Investing Cash Flow-----------7.42M14.82M15.67M-16.91M45.01M-30.36M
Financing Cash Flow-86.62M-39.49M-93.47M-16.07M-11.56M-16.34M3.13M-17.85M-17.93M-31.77M49.73M-18.36M-21.44M-25.16M12.81M67.80M-58.44M
Capital Expenditure00000000000035154
Free Cash Flow-27.03M53.82M70.54M15.29M12.45M15.74M9.35M10.36M11.44M46.57M-60.03M15.31M23.01M24.32M-8.65M-4.75M-10.46M
Dividends Paid---15.94M16.33M16.33M17.84M17.84M17.83M16.74M20.03M18.36M21.47M22.17M23.91M14.76M15.17M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%-8.43%100.00%
Dividend Paid to FCF---104.27%131.23%103.76%190.75%172.13%155.82%35.96%-33.37%119.93%93.31%91.15%-276.45%-310.72%-144.97%

Key Statistics & Ratios

Market Cap201.98M
Enterprise Value201.81M
Trailing P/E1.41
Forward P/E0.00
PEG Ratio0.00
Price / Sales1.08
Price / Book0.89
EPS6.84
Book Value9.39
Revenue (TTM)187.39M
Gross Profit (TTM)187.39M
Profit Margin85.19%
Operating Margin96.54%
Return on Equity102.79%
Return on Assets26.81%
Shares Outstanding20.95M
Shares Float0
Beta1.09
Dividend Yield11.20%
Dividend Rate1.08
Payout Ratio9.92%

Dividends

202611×
0.09Nov 13, 20260.09Oct 15, 20260.09Sep 15, 20260.09Aug 14, 20260.09Jul 15, 20260.07Jun 15, 20260.07May 15, 20260.07Apr 15, 20260.07Mar 13, 20260.07Feb 13, 20260.07Jan 15, 2026
202512×
0.06Dec 15, 20250.06Nov 14, 20250.06Oct 15, 20250.06Sep 15, 20250.06Aug 15, 20250.06Jul 15, 20250.06Jun 13, 20250.06May 15, 20250.06Apr 15, 20250.06Mar 14, 20250.06Feb 14, 20250.06Jan 15, 2025
20241×
0.06Dec 13, 2024

Stock Splits

  • Jun 29, 20266:5
  • May 1, 202611:10
  • Jan 13, 202611:10
  • Nov 12, 2024675:1000