RY 175.42 -0.2162% SHOP 157.15 -0.958% TD 79.04 0.0886% ENB 61.42 0.7711% BN 86.09 -0.3934% TRI 231.36 0.0562% CNQ 47.61 0.8046% CP 105.71 -1.4083% CNR 154.12 -1.2811% BMO 133.23 -0.2396% BNS 77.09 -3.3839% CSU 4762.73 -0.5755% CM 89.48 -0.633% MFC 45.25 -0.2645% ATD 82.67 -0.4336% NGT 58.69 2.2296% TRP 68.72 0.7034% SU 54.51 -1.1067% WCN 268.52 0.1492% L 186.4 1.1998%
Last update at 2024-12-03T15:43:00Z
MCAN Mortgage (TSE:MKP) Has Announced A Dividend Of CA$0.36
Sat 03 Jun 23, 12:15 PMMCAN Financial Group Announces Incoming President and CEO
Thu 01 Jun 23, 11:51 PMMCAN Mortgage (TSE:MKP) Is Paying Out A Dividend Of CA$0.36
Sat 13 May 23, 12:06 PMMCAN FINANCIAL GROUP ANNOUNCES FINAL VOTING RESULTS
Wed 10 May 23, 10:12 PMMCAN FINANCIAL GROUP ANNOUNCES Q1 2023 RESULTS AND DECLARES $0.36 REGULAR CASH DIVIDEND
Mon 08 May 23, 11:08 PMMCAN FINANCIAL GROUP ANNOUNCES RETIREMENT OF KAREN WEAVER, PRESIDENT AND CEO
Fri 10 Mar 23, 12:30 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 55.07M | 63.97M | 42.65M | 47.74M | 36.19M |
Minority interest | - | - | - | - | - |
Net income | 55.35M | 64.36M | 42.89M | 48.29M | 36.29M |
Selling general administrative | 9.03M | 9.08M | 6.63M | 7.29M | 7.80M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 88.43M | 96.50M | 66.42M | 68.83M | 44.18M |
Reconciled depreciation | - | - | - | 0.77M | 0.50M |
Ebit | - | - | 42.65M | 99.08M | 84.11M |
Ebitda | 132.12M | 120.34M | 98.00M | 99.84M | 84.61M |
Depreciation and amortization | - | - | - | 0.77M | 0.50M |
Non operating income net other | - | - | - | - | - |
Operating income | 132.12M | 120.34M | 98.00M | 99.08M | 57.19M |
Other operating expenses | 33.37M | 32.53M | 23.77M | 21.09M | 30.23M |
Interest expense | 77.05M | 56.38M | 55.35M | 51.34M | 47.91M |
Tax provision | -0.28800M | -0.39700M | -0.24400M | -0.55400M | -0.10000M |
Interest income | 134.23M | 0.33M | 120.13M | 0.19M | 2.02M |
Net interest income | 57.18M | 44.59M | 71.55M | 48.43M | 48.87M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | -0.28800M | -0.39700M | -0.24400M | -0.55400M | -0.10000M |
Total revenue | 88.43M | 96.50M | 66.42M | 68.83M | 55.30M |
Total operating expenses | 33.37M | 32.53M | 23.77M | 21.09M | 19.11M |
Cost of revenue | 72.22M | 52.20M | 48.59M | 45.30M | 11.12M |
Total other income expense net | -77.05000M | -56.37500M | -55.35200M | -51.33600M | -20.99900M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 55.35M | 64.36M | 42.89M | 48.29M | 36.29M |
Net income applicable to common shares | 55.35M | 64.36M | 42.89M | 48.29M | 36.29M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 4739.09M | 4078.68M | 3808.07M | 2728.72M | 2179.34M |
Intangible assets | 0.84M | 0.37M | 0.35M | 0.49M | 0.61M |
Earning assets | - | - | - | - | - |
Other current assets | -146.66900M | 45.47M | 62.89M | 38.08M | 35.48M |
Total liab | 4207.24M | 3589.37M | 3374.81M | 2382.20M | 1849.03M |
Total stockholder equity | 531.84M | 489.31M | 433.26M | 346.51M | 330.31M |
Deferred long term liab | - | - | - | - | - |
Other current liab | -23.87500M | -20.54600M | -18.70800M | -2.05500M | -12.85700M |
Common stock | 406.53M | 389.99M | 315.34M | 234.63M | 228.01M |
Capital stock | 406.53M | 389.99M | 315.34M | 234.63M | 228.01M |
Retained earnings | 124.71M | 98.99M | 117.41M | 111.37M | 101.79M |
Other liab | - | - | - | - | 0.02M |
Good will | 0.34M | - | - | - | - |
Other assets | 54.56M | 46.99M | 64.22M | 38.92M | 36.05M |
Cash | 60.34M | 78.21M | 122.27M | 88.93M | 54.45M |
Cash and equivalents | - | 78.21M | 122.27M | 88.93M | 54.45M |
Total current liabilities | 23.88M | 20.55M | 18.71M | 2.06M | 12.86M |
Current deferred revenue | -41.20500M | - | - | - | - |
Net debt | 6.04M | -69.60800M | 1572.84M | -86.15900M | -46.26000M |
Short term debt | 65.08M | 1826.36M | 1759.54M | 1234.77M | 1039.35M |
Short long term debt | - | - | - | - | 253.66M |
Short long term debt total | 66.38M | 8.60M | 1695.11M | 2.77M | 8.19M |
Other stockholder equity | -124.19800M | 0.33M | 0.51M | 0.51M | 0.51M |
Property plant equipment | - | 2.05M | 2.39M | 2.77M | 3.11M |
Total current assets | 2480.30M | 81.32M | 3517.29M | 2492.54M | 1929.86M |
Long term investments | 2201.78M | 3947.94M | 223.82M | 193.99M | 209.70M |
Net tangible assets | - | 488.94M | 432.91M | 346.02M | 329.70M |
Short term investments | 50.32M | - | - | - | - |
Net receivables | 2419.95M | 3.11M | 3395.02M | 2403.61M | 1875.41M |
Long term debt | - | 1740.39M | 1535.08M | 704.85M | 336.07M |
Inventory | 146.67M | - | - | - | - |
Accounts payable | 23.88M | 20.55M | 18.71M | 2.06M | 12.86M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 0.10M | - | - | -4.17200M | -4.02800M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 234.63M | 228.01M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | -0.33600M | -3950.36300M | -226.55800M | -197.24800M | -213.43000M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 2204.23M | 3950.36M | 226.56M | 197.25M | 213.43M |
Capital lease obligations | - | - | - | - | - |
Long term debt total | - | 1742.46M | 1537.51M | 707.62M | 339.21M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | 18.07M | 17.86M | 15.22M | 7.25M | 12.60M |
Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | 18.07M | 17.70M | 15.22M | 7.25M | 12.60M |
Net borrowings | -92.36900M | 98.20M | -5.42200M | 4.79M | 4.79M |
Total cash from financing activities | -90.39100M | 129.22M | -39.86500M | -19.75000M | -27.59200M |
Change to operating activities | -18.02100M | -142.59300M | 36.25M | -53.47600M | -30.75400M |
Net income | 55.35M | 64.36M | 42.89M | 48.29M | 36.29M |
Change in cash | -44.05900M | 33.34M | 34.48M | -44.39000M | -18.72900M |
Begin period cash flow | 122.27M | 88.93M | 54.45M | 98.84M | 117.57M |
End period cash flow | 78.21M | 122.27M | 88.93M | 54.45M | 98.84M |
Total cash from operating activities | 28.27M | -113.57100M | 59.12M | -31.89500M | -3.73900M |
Issuance of capital stock | 38.16M | 53.22M | - | 6.14M | 7.21M |
Depreciation | 0.59M | 0.68M | 0.78M | 0.77M | 0.50M |
Other cashflows from investing activities | 18.35M | 17.86M | 15.53M | 7.70M | 12.80M |
Dividends paid | 36.18M | 22.20M | 34.44M | 30.68M | 34.80M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | 38.16M | 53.22M | - | 6.14M | 7.21M |
Other cashflows from financing activities | 18.07M | 98.55M | 15.22M | 5.05M | 12.60M |
Change to netincome | -9.65400M | -36.02300M | -20.80100M | -27.30600M | -9.95500M |
Capital expenditures | 0.28M | 0.16M | 0.31M | 0.44M | 0.20M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -18.02100M | -142.59300M | 36.25M | -53.64900M | -30.86400M |
Stock based compensation | - | - | - | - | - |
Other non cash items | -9.06600M | -35.34000M | -20.02200M | -27.30600M | -9.57200M |
Free cash flow | 27.98M | -113.73200M | 58.81M | -32.33500M | -3.93600M |
Sector: Financial Services Industry: Mortgage Finance
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) |
---|---|---|---|---|---|---|---|---|
MKP MCAN Mortgage Corporation |
0.07 0.36% | 19.62 | 8.37 | 9.90 | 5.36 | 1.22 | 5.96 | 3.47 |
FN First National Financial Corp |
-0.46 1.05% | 43.25 | 14.36 | 10.43 | 4.05 | 3.97 | 83.61 | |
ECN ECN Capital Corp |
- -% | 2.80 | - | 14.06 | 6.36 | 7.72 | 8.13 | 31.09 |
TF Timbercreek Financial Corp |
-0.05 0.66% | 7.49 | 10.82 | 10.98 | 7.39 | 0.91 | 6.50 | 16.01 |
AI Atrium Mortgage Investment Corp |
-0.03 0.27% | 11.27 | 10.71 | 10.50 | 9.23 | 1.06 | 10.52 |
MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities. It also provides term deposits through a network of independent financial agents. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. The company was founded in 1980 and is headquartered in Toronto, Canada.
200 King Street West, Toronto, ON, Canada, M5H 3T4
Name | Title | Year Born |
---|---|---|
Ms. Karen H. Weaver CPA, ICD.D | Pres, CEO & Non-Independent Director | 1959 |
Ms. Floriana Cipollone B.Comm., C.A | Sr. VP & CFO | 1967 |
Mr. Avish Buck | Sr. VP & COO | NA |
Mr. Carl Scott Brown | Sr. VP of Investments & Corp. Devel. | NA |
Mr. Michael Edward Jensen | VP, Chief Compliance Officer and Chief Anti-Money Laundering & Privacy Officer | NA |
Michelle Liotta | VP of HR | NA |
Mr. Eugene Basolini | Pres of MTC Leasing Inc and Chief Operating Officer of MTC Leasing Inc | NA |
Ms. Sylvia Pinto | VP, Corp. Sec. & Governance Officer | NA |
Ms. Milica Pejic | VP & Chief Audit Officer | NA |
Ms. Nazeera Khan | VP & Chief Audit Officer | NA |
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