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Findev Inc

Financial Services CA FDI

0.445CAD
-0.095(17.59%)

Last update at 2024-12-19T16:20:00Z

Day Range

0.450.47
LowHigh

52 Week Range

0.300.45
LowHigh

Fundamentals

  • Previous Close 0.54
  • Market Cap11.75M
  • Volume2136
  • P/E Ratio5.86
  • Dividend Yield7.32%
  • Revenue TTM3.61M
  • Revenue Per Share TTM0.13
  • Gross Profit TTM 2.00M
  • Diluted EPS TTM0.07

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 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 2.24M 2.39M 1.93M 1.64M 1.50M
Minority interest - - - - -
Net income 1.51M 5.40M 1.93M 1.67M 1.50M
Selling general administrative 0.28M 0.26M 0.27M 0.26M 0.26M
Selling and marketing expenses - - - - -
Gross profit 3.04M 2.66M - - 1.76M
Reconciled depreciation - - - - -
Ebit - 2.44M 2.00M 1.78M 1.50M
Ebitda 2.24M 2.39M 1.93M 1.64M -
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income 2.76M 2.40M 1.95M 1.73M 1.51M
Other operating expenses - - - - -
Interest expense 0.00093M 0.00123M 0.00093M 0.00103M 0.00000M
Tax provision 0.74M -3.01311M - - -
Interest income - - - - -
Net interest income -0.00093M -0.00123M -0.00093M -0.00103M -0.00093M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - -3.01311M - - -
Total revenue 3.04M 2.66M 2.23M 2.00M 1.76M
Total operating expenses 0.28M 0.26M 0.27M 0.26M 0.26M
Cost of revenue 0.00142M 0.00120M - - -
Total other income expense net -0.52087M -0.01456M -0.02206M -0.09506M -0.00002M
Discontinued operations - - - - -
Net income from continuing ops 1.51M 5.40M 1.93M 1.64M 1.50M
Net income applicable to common shares - 5.40M 1.93M 1.64M 1.50M
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 25.10M 23.95M 23.29M 18.73M 17.72M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - - -
Total liab 0.32M 0.30M 0.28M 0.27M 0.33M
Total stockholder equity 24.79M 23.65M 23.00M 18.46M 17.39M
Deferred long term liab - - - - -
Other current liab - - 0.21M 0.21M 0.21M
Common stock - - 34.47M 34.47M 34.47M
Capital stock 34.47M 34.47M 34.47M 34.47M 34.47M
Retained earnings -22.33238M -23.46934M -24.11698M -28.65797M -29.72976M
Other liab - - - - -
Good will - - - - -
Other assets - - 3.01M - -
Cash 0.28M 0.29M 0.28M 0.29M 0.46M
Cash and equivalents - - - - -
Total current liabilities 0.32M 0.30M 0.28M 0.27M 0.33M
Current deferred revenue - - - - -
Net debt - - - - -
Short term debt - - - - -
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity - - - - -
Property plant equipment - - - - -
Total current assets 23.80M 21.67M 20.27M 18.73M 17.72M
Long term investments - - - - 17.20M
Net tangible assets - - 23.00M 18.46M 17.39M
Short term investments - - - - -
Net receivables - - 19.99M 18.42M 17.24M
Long term debt - - - - -
Inventory - - - - -
Accounts payable 0.04M 0.05M 0.04M 0.02M 0.02M
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 - - - - 17.20M
Deferred long term asset charges - - - - -
Non current assets total 1.30M 2.28M 3.01M 0.00000M 17.20M
Capital lease obligations - - - - -
Long term debt total - - - - -
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 - - - - 0.00000M
Change to liabilities - 0.02M 0.00846M 0.08M -0.01094M
Total cashflows from investing activities - - - - -
Net borrowings - - - - -
Total cash from financing activities -0.85942M -0.85942M -0.85942M -0.85942M -0.85942M
Change to operating activities - 0.02M -0.00123M -0.00090M -0.00141M
Net income 1.51M 5.40M 1.93M 1.64M 1.50M
Change in cash 0.00578M -0.00764M -0.17035M 0.16M -0.31677M
Begin period cash flow 0.28M 0.29M 0.46M 0.30M -
End period cash flow 0.29M 0.28M 0.29M 0.46M 0.30M
Total cash from operating activities 0.87M 0.85M 0.69M 1.02M -0.54265M
Issuance of capital stock - - - - -
Depreciation - - - - -
Other cashflows from investing activities - - - - -
Dividends paid 0.86M 0.86M 0.86M 0.86M 0.86M
Change to inventory - - - - -
Change to account receivables - - 0.04M 0.02M 0.02M
Sale purchase of stock - - - - -
Other cashflows from financing activities - - - - -
Change to netincome - -4.58275M -1.28737M -0.71675M -0.96664M
Capital expenditures 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.02M 0.03M 0.05M 0.10M -
Stock based compensation - - - - -
Other non cash items -1.89937M -1.61269M -1.23685M -0.82807M -
Free cash flow 0.87M 0.85M 0.69M 1.02M -

Peer Comparison

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)
FDI
Findev Inc
-0.095 17.59% 0.45 5.86 - 3.26 0.46 3.16 3.43
BCF
Builders Capital Mortgage Corp
- -% 9.00 8.60 - 7.06 0.96 7.80

Reports Covered

Stock Research & News

Profile

Findev Inc., a real estate finance company, provides real estate financing secured by investment properties and real estate developments in the Greater Toronto Area, Canada. It targets real estate projects that include condominiums, townhouses, purpose-built rentals, low-rise/subdivisions, and retail developments. The company was formerly known as TransGaming Inc. and changed its name to Findev Inc. in October 2016. Findev Inc. was incorporated in 2004 and is based in Toronto, Canada.

Findev Inc

10 Wanless Avenue, Toronto, ON, Canada

Key Executives

Name Title Year Born
Mr. Sruli Weinreb CEO & Director 1980
Mr. Claude Ayache Chief Financial Officer 1963
Mr. Claude Ayache CMA, CPA Chief Financial Officer 1963
Mr. Yisroel Weinreb CEO & Director 1980

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