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Invesque Inc

Real Estate CA IVQ.U

0.23CAD
0.06(31.43%)

Last update at 2024-01-23T15:38:00Z

Day Range

0.230.23
LowHigh

52 Week Range

0.170.98
LowHigh

Fundamentals

  • Previous Close 0.17
  • Market Cap12.65M
  • Volume500
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA40.55M
  • Revenue TTM198.96M
  • Revenue Per Share TTM3.51
  • Gross Profit TTM 75.51M
  • Diluted EPS TTM-1.46

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -43.13700M -12.23500M -190.94800M -5.42600M
Minority interest - - - -
Net income -48.81000M -12.23500M -184.00400M -5.35900M
Selling general administrative 32.58M 19.00M 18.70M 18.09M
Selling and marketing expenses - - - -
Gross profit 95.59M 90.97M 108.39M 95.31M
Reconciled depreciation 16.52M 22.15M 48.57M 14.44M
Ebit 38.71M 46.33M 8.21M 68.85M
Ebitda 6.34M 40.75M -105.51400M 48.85M
Depreciation and amortization - - - -
Non operating income net other - - - -
Operating income 30.73M 52.35M 20.99M 64.86M
Other operating expenses - - - -
Interest expense 32.96M 30.83M 36.87M 39.84M
Tax provision -1.12700M 0.00000M -6.94400M -0.06700M
Interest income 1.54M 1.47M 2.98M 3.66M
Net interest income -37.22000M -34.54000M -37.54900M -40.08200M
Extraordinary items - - - -
Non recurring - - - -
Other items - - - -
Income tax expense -1.12700M - -6.94400M -0.06700M
Total revenue 198.03M 210.45M 217.39M 144.69M
Total operating expenses 167.30M 158.10M 196.39M 79.83M
Cost of revenue 102.44M 119.48M 108.99M 49.38M
Total other income expense net -36.65000M -30.04100M -174.39200M -30.20600M
Discontinued operations -6.80000M -5.71200M -5.71200M -5.71200M
Net income from continuing ops -42.01000M -12.23500M -184.00400M -5.35900M
Net income applicable to common shares -48.81000M -12.23500M -184.00400M -5.35900M
Preferred stock and other adjustments - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1097.34M 1301.01M 1498.42M 1630.74M
Intangible assets - - - -
Earning assets - - - -
Other current assets 36.04M 37.06M 11.21M 18.39M
Total liab 865.69M 1014.75M 1205.10M 1150.59M
Total stockholder equity 231.65M 286.26M 293.33M 480.14M
Deferred long term liab - - - -
Other current liab 7.87M 3.79M 4.97M 6.37M
Common stock 508.96M 512.00M 509.20M 504.56M
Capital stock 594.35M 597.39M 594.59M 589.95M
Retained earnings -370.07700M -321.26700M -309.03200M -114.90800M
Other liab 1.67M 4.81M 14.35M 21.48M
Good will - - - -
Other assets 19.65M 20.06M 16.90M 37.41M
Cash 27.58M 19.37M 34.13M 11.84M
Cash and equivalents - - - -
Total current liabilities 483.13M 91.06M 78.32M 95.91M
Current deferred revenue - - - -
Net debt 737.88M 874.38M 1018.34M 1001.64M
Short term debt - - - -
Short long term debt 444.29M 55.35M 40.62M 57.59M
Short long term debt total - - - -
Other stockholder equity 6.97M 11.78M 7.37M 4.70M
Property plant equipment 935.80M 1149.82M 1335.73M 1431.78M
Total current assets 81.76M 76.55M 74.83M 52.43M
Long term investments 49.08M 50.44M 65.26M 99.32M
Net tangible assets 146.26M 202.92M 207.94M 394.75M
Short term investments - - - -
Net receivables 18.14M 20.12M 29.49M 22.21M
Long term debt 321.17M 838.40M 1011.85M 955.88M
Inventory - - - -
Accounts payable 13.09M 17.36M 17.71M 18.89M
Total permanent equity - - - -
Noncontrolling interest in consolidated entity - - - -
Temporary equity redeemable noncontrolling interests - - - -
Accumulated other comprehensive income - - - -
Additional paid in capital - - - -
Common stock total equity - - - -
Preferred stock total equity - - - -
Retained earnings total equity - - - -
Treasury stock - - - -
Accumulated amortization - - - -
Non currrent assets other 1.58M 2.23M 2.77M 4.56M
Deferred long term asset charges - - - -
Non current assets total 1015.58M 1224.46M 1423.59M 1578.31M
Capital lease obligations - - - -
Long term debt total - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments 20.70M 11.80M 2.92M 14.51M
Change to liabilities -2.34900M -0.66400M 0.42M 0.04M
Total cashflows from investing activities 138.09M 122.02M 3.52M -309.82200M
Net borrowings -130.11200M -152.27800M 5.95M 300.25M
Total cash from financing activities -141.79400M -155.76100M -6.31200M 278.51M
Change to operating activities 0.05M 2.89M 0.52M 5.34M
Net income -48.81000M -12.23500M -184.00400M -5.35900M
Change in cash 8.21M -14.76400M 22.30M -15.14000M
Begin period cash flow 19.37M 34.13M 11.84M 26.98M
End period cash flow 27.58M 19.37M 34.13M 11.84M
Total cash from operating activities 11.91M 18.97M 25.09M 16.17M
Issuance of capital stock - - 0.00000M 14.55M
Depreciation 16.52M 22.15M 48.57M 14.44M
Other cashflows from investing activities 0.08M 0.23M 0.06M -9.39300M
Dividends paid - - 9.98M 32.51M
Change to inventory - - - -
Change to account receivables -8.59300M -7.03400M -12.34400M -16.06600M
Sale purchase of stock -10.60100M - -0.14800M -0.53000M
Other cashflows from financing activities -1.08100M -3.48300M -2.13300M -3.25400M
Change to netincome 50.73M 8.46M 167.48M 13.65M
Capital expenditures 6.52M 7.58M 11.27M 235.43M
Change receivables - - - -
Cash flows other operating - - - -
Exchange rate changes - - - -
Cash and cash equivalents changes - - - -
Change in working capital -10.89100M -5.10400M -11.40200M -10.68500M
Stock based compensation - - - -
Other non cash items 41.75M 42.83M 49.62M 33.33M
Free cash flow 5.40M 11.11M 13.82M -219.26300M

Peer Comparison

Sector: Real Estate Industry: Real Estate Services

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
IVQ-U
Invesque Inc
0.06 31.43% 0.23 - - 0.07 0.15 3.55 -41.6379
FSV
FirstService Corp
3.47 1.32% 266.76 78.12 33.67 2.38 7.35 1.99 21.75
CIGI
Colliers International Group Inc Bats
1.45 0.73% 200.34 47.88 21.83 2.39 6.26 2.22 16.44
BPO-PC
Brookfield Office Properties Inc Pref C
0.34 2.54% 13.75 2.86 - 2.38 -
BPO-PA
Brookfield Office Properties Inc Pref A
0.51 5.10% 10.51 2.21 - 1.84 -

Reports Covered

Stock Research & News

Profile

Invesque Inc. operates as a health care real estate investment company. Its portfolio includes investments in independent living, assisted living, memory care, skilled nursing, transitional care, and medical office properties. As of March 15, 2023, the company owned a portfolio of 76 properties, such as 56 assisted living and memory care facilities, 13 skilled nursing facilities, 4 transitional care properties, and 3 medical office buildings in the United States; and 4 seniors housing and care facilities in Canada. It also includes investments in owner occupied seniors housing properties, including the ownership of real estate properties, as well as provides management services. The company was formerly known as Mainstreet Health Investments Inc. and changed its name to Invesque Inc. in January 2018. Invesque Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Invesque Inc

333 Bay Street, Toronto, ON, Canada, M5H 2S7

Key Executives

Name Title Year Born
Mr. Scott Eric White CPA Chairman & CEO 1974
Mr. Scott Higgs Chief Financial Officer 1983
Mr. Adlai Chester Chief Investment Officer & Non-Independent Director 1982
Mr. Jim Rees Director of Accounting NA
Mr. Vineet P. Bedi C.F.A. Chief Strategy Officer & IR 1983
Christine Johnson Director of Marketing NA
Ms. Julie Michael Exec. Assistant & HR Coordinator NA
Mr. Dennis Dechow Sr. VP of Asset Services NA
Mr. Bryan E. Hickman Sr. VP of Investments NA
Mr. Quinn Haselhorst Sr. VP of Fin. NA

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