Western Investment Company of Canada Limited

Western Investment Company of Canada Limited

WI · V · Financial Services / Insurance - Diversified

1.47CAD+0.13 (+9.70%)

Price History

Full chart

Market Stats

Previous Close1.34
Open1.32
Day Range1.32 – 1.50
52-Week Range0.46 – 1.16
Volume244.41K
Market Cap178.76M
P/E (TTM)21.40
Forward P/E104.17
EPS0.05
Dividend Yield0.00%
Beta0.08
50-Day Avg1.07
200-Day Avg0.9442

About

The Western Investment Company of Canada Limited, is a private equity firm specializing in buyout and middle market investments. It seeks investments in retail and distribution, human services, agriculture and related services and special situations. The firm prefers to invest in USA and Canada with a focus in companies which are headquartered in Western Canada like Alberta, British Columbia, Manitoba and Saskatchewan. Through its subsidiaries, operates as an automotive glass service company in Canada. It provides repair and replacement of windshields, side windows, side mirrors, rear windows, and sun roofs; and wholesale of aftermarket glass parts and materials. The company also operates as a specialty retailer, which imports and sells household products through a marketing channel in North America; provides commercial, property, accident and sickness, boiler and machinery, marine, and automobile liability insurance services; and produces and distributes butter and ice cream products, and ice cream cones through grocery retail and food service network in Western Canada, as well as through two distribution facilities in Edmonton and Kelowna. It serves dealerships, auto-body shops, fleet companies, and car rental companies through 10 retail locations, and mobile repair and installation units. The firm seeks to invest in the companies having enterprise value between CAD10 million ($7.88 million) to CAD100 million ($78.84 million). The firm acquires significant ownership positions and seeks to take majority stakes in its portfolio companies. The Western Investment Company of Canada Limited was founded in 2015 and is based in Calgary, Canada.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Diversified
  • CEOMr. Paul C. Rivett
  • Employees4
  • Headquarters1010 24 Street SE, Calgary, AB, Canada, T1V 2A7, Canada
  • Websitehttps://westerninvest.ca

Leadership

  • Mr. Scott A. TannasExecutive Chairman of the Board · b. 1962
  • Mr. Paul C. RivettPresident, CEO & Director · b. 1968
  • Mr. Pablo Dancuart C.A., CPAChief Financial Officer
  • Mr. Wayne Connelly M.B.A.Chief Client Officer
  • Mr. Shafeen Ashraf Mawani C.F.A., M.B.A.Vice President
  • Mr. Keith LauChief Actuarial Officer
  • Mr. Sai AhmedChief Operating Officer
  • Ms. Mackenzie ClarkChief Legal Officer
  • Mr. Vic Bertrand Jr.Executive VP & Chief Development Officer · b. 1969

Financials

Income Statement

Currency: CAD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue00100.00K2.17M2.36M-2.31M1.38M284.27K172.50K8.06M33.53M
Growth (%)---+2074.48%+8.50%-198.03%+159.47%-79.33%-39.32%+4573.82%+315.89%
Cost of Revenue000476.90K399.88K411.40K383.16K378.15K447.59K8.92M-
Gross Profit00100.00K1.70M1.96M-2.72M-113.16K-93.88K-275.09K-791.89K-
Gross Margin--100.00%78.07%83.05%117.79%-8.23%-33.03%-159.47%-9.82%-
Operating Expense178.14K1.33M894.02K410.08K281.91K323.90K-739.59K393.01K461.97K1.78M-
Operating Income-178.14K-1.33M-794.02K1.29M1.68M-3.05M626.43K-486.90K-737.07K-2.57M-
Operating Margin---794.02%59.21%71.10%131.79%45.54%-171.28%-427.28%-31.84%-
EBITDA---1.20M1.62M-3.08M-451.74K903.85K1.69M-
EBITDA Margin---55.10%68.87%133.10%-158.91%523.97%20.92%-
Net Income-209.64K-1.58M-434.40K1.13M1.25M-3.63M19.97K-215.38K201.97K1.31M-564.57K
Net Income Margin---434.40%52.04%53.09%157.14%1.45%-75.76%117.08%16.28%-1.68%
Interest Expense00066.59K372.20K556.14K606.46K667.11K792.52K932.98K209.62K
Interest Expense % of Total Revenue--0.00%3.06%15.78%-24.05%44.09%234.68%459.43%11.57%0.63%

Balance Sheet

Currency: CAD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets476.88K4.11M20.05M17.84M22.58M19.93M19.50M18.62M19.86M103.75M138.42M
Total Liabilities43.81K322.37K5.33M1.68M4.36M5.32M5.78M6.24M7.08M43.00M73.11M
Total Equity433.06K3.79M14.72M16.17M18.22M14.61M13.72M12.38M12.78M59.66M63.93M
Cash476.88K45.07K2.13M8.18K149.87K365.90K23.32K25.71K618.67K43.25M55.78M
Net Debt--2.92M1.51M4.04M4.81M5.61M6.06M6.11M--

Cash Flow

Currency: CAD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-31.50K-438.20K-711.85K-709.13K-771.79K233.96K-407.65K-588.58K-15.81K257.01K6.10M
Investing Cash Flow-4.01M-4.01M-13.54M-2.92M-2.20M-474.99K163.77K----
Financing Cash Flow2.29M4.02M16.34M1.51M3.11M457.06K-98.70K14.09K382.25K32.07M-79.39K
Capital Expenditure00000000028.19K50.08K
Free Cash Flow---711.85K-709.13K-771.79K233.96K-407.65K-588.58K-15.81K228.83K6.05M
Dividends Paid----000151.51K151.04K0-
FCF to OCF--100.00%100.00%100.00%100.00%100.00%100.00%100.00%89.03%99.18%
Dividend Paid to FCF----0.00%0.00%0.00%-25.74%-955.52%0.00%-

Earnings

Report DateMar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021May 30, 2022Jun 30, 2022Nov 29, 2022Dec 31, 2022May 26, 2023Aug 16, 2023Aug 25, 2026Nov 24, 2026
EPS Estimate----------------------------
EPS Actual-0.000.00-0.00-0.01-0.000.000.030.00-0.000.010.010.02-0.140.010.010.00-0.020.020.01-0.02-0.030.000.01-0.000.010.01-0.00-
Surprise----------------------------
Timing--------------------After-hours-After-hours-After-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap178.76M
Enterprise Value88.92M
Trailing P/E21.40
Forward P/E104.17
Price / Sales3.46
Price / Book2.25
EPS0.05
Book Value0.474
Revenue (TTM)51.66M
Gross Profit (TTM)19.17M
EBITDA12.87M
Profit Margin24.51%
Operating Margin9.76%
Return on Equity17.59%
Return on Assets5.87%
Shares Outstanding167.06M
Shares Float142.46M
Beta0.08
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
0.00Sep 14, 2023
20221×
0.00Jul 14, 2022