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Westaim Corp

Financial Services CA WED

4.94CAD
0.01(0.20%)

Last update at 2024-10-31T15:54:00Z

Day Range

4.945.00
LowHigh

52 Week Range

2.803.92
LowHigh

Fundamentals

  • Previous Close 4.93
  • Market Cap509.08M
  • Volume996300
  • P/E Ratio2.14
  • Dividend Yield-%
  • EBITDA183.61M
  • Revenue TTM194.69M
  • Revenue Per Share TTM1.39
  • Gross Profit TTM 27.44M
  • Diluted EPS TTM1.71

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 17.60M 28.43M -34.28500M 9.46M 16.79M
Minority interest - - - - -
Net income 17.96M 28.21M -34.40000M 8.52M 16.79M
Selling general administrative 2.38M 1.89M 2.01M 1.97M 1.94M
Selling and marketing expenses - - - - -
Gross profit - - - - 0.75M
Reconciled depreciation 0.14M 0.14M 0.15M 0.05M 0.04M
Ebit 19.37M 26.34M -32.15600M 12.22M 13.83M
Ebitda - - - - 18.74M
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income - - - - -2.84400M
Other operating expenses - - - - -
Interest expense 1.90M 1.99M 1.86M 1.90M 1.90M
Tax provision -0.35700M 0.22M 0.12M 0.94M -
Interest income 1.38M 1.41M 1.17M 2.07M 0.00000M
Net interest income -0.51800M -0.58400M -0.69200M 0.17M -1.90200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -0.35700M 0.22M 0.12M 0.94M 0.00000M
Total revenue 25.67M 31.70M -27.47300M 16.87M 24.14M
Total operating expenses - - - 7.06M 7.34M
Cost of revenue - - - - 3.75M
Total other income expense net - - - - 21.54M
Discontinued operations - - - - -
Net income from continuing ops 17.96M 28.21M -34.40000M 8.52M 16.79M
Net income applicable to common shares 17.96M 28.21M -34.40000M 8.52M 16.79M
Preferred stock and other adjustments - - - - -
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
Total assets 413.29M 401.66M 377.35M 410.75M 397.40M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - 0.24M -
Total liab 50.22M 53.98M 56.83M 56.08M 52.22M
Total stockholder equity 363.07M 347.68M 320.52M 354.67M 345.18M
Deferred long term liab - - - - -
Other current liab 1.19M 1.82M 0.84M 0.87M 1.09M
Common stock 378.56M 381.13M 382.18M 382.18M 382.18M
Capital stock 378.56M 381.13M 382.18M 382.18M 382.18M
Retained earnings -30.99700M -48.95800M -77.16800M -42.76800M -51.29200M
Other liab 0.09M 1.30M 6.25M 6.42M 5.97M
Good will - - - - -
Other assets 0.18M - 1.64M 2.30M 3.45M
Cash 3.43M 6.56M 8.74M 22.24M 7.84M
Cash and equivalents - - - - -
Total current liabilities 13.19M 13.13M 11.33M 11.16M 9.61M
Current deferred revenue - - - - -
Net debt - - - - -
Short term debt - - - - -
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity -2.22700M -2.22700M -2.22700M -2.22700M -2.22700M
Property plant equipment 0.26M 0.40M 0.54M 0.66M 0.07M
Total current assets 385.90M 375.08M 356.65M 397.82M 386.72M
Long term investments 409.13M 394.27M 366.91M 385.78M 373.92M
Net tangible assets 363.07M 347.68M 320.52M 354.67M 345.18M
Short term investments - - - - -
Net receivables 0.29M 0.43M 1.17M 1.82M 15.57M
Long term debt - - - - 36.65M
Inventory - - - - -
Accounts payable 3.32M 3.58M 2.35M 2.14M 1.79M
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 - - - - 374.72M
Deferred long term asset charges - - - - -
Non current assets total - - - - 374.72M
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 1.90M 1.90M -24.00700M -24.00700M -24.00700M
Change to liabilities -1.14600M 1.11M 0.11M 1.40M 0.63M
Total cashflows from investing activities 1.90M 3.99M -32.04100M 13.06M 3.62M
Net borrowings - - - - -
Total cash from financing activities -2.56400M -1.05500M -1.05500M -1.05500M -1.05500M
Change to operating activities 0.06M 0.74M 0.30M -1.11500M -0.26200M
Net income 17.96M 28.21M -34.40000M 8.52M 16.79M
Change in cash -3.12400M -2.18300M -13.49900M 14.40M 0.02M
Begin period cash flow 6.56M 8.74M 22.24M 7.84M 7.81M
End period cash flow 3.43M 6.56M 8.74M 22.24M 7.84M
Total cash from operating activities -2.46000M -5.11800M 18.54M 1.34M -3.60100M
Issuance of capital stock - - - - 0.00000M
Depreciation 0.14M 0.14M 0.15M 0.05M 0.04M
Other cashflows from investing activities - 4.00M -8.00000M 13.06M 3.64M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -2.56400M -1.05500M - - -
Other cashflows from financing activities - - - - -
Change to netincome -19.48000M -35.32100M 52.38M -7.11000M -20.80600M
Capital expenditures 0.00000M 0.01000M 0.03M 0.00300M 0.02M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -1.51900M 1.72M 0.68M 0.25M 0.37M
Stock based compensation - - - - -
Other non cash items 0.09M -13.68500M 1.14M 1.79M 2.75M
Free cash flow -2.46000M -5.12800M 18.54M 1.34M -3.60100M

Peer Comparison

Sector: Financial Services Industry: Asset Management

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)
WED
Westaim Corp
0.01 0.20% 4.94 2.14 277.78 2.61 0.76 2.03 17.08
TINY
Tiny Ltd.
0.01 0.51% 1.97 - - 2.62 -
LPC
Lorne Park Capital Partners Inc
- -% 1.26 41.67 - 2.38 5.98 2.61 12.48
PTF
Pender Growth Fund VCC Inc
- -% 11.25 - - 2.26 0.75 0.46
TORR
Torrent Capital Ltd
- -% 0.50 - - 6.79 0.93 3.92 0.35

Reports Covered

Stock Research & News

Profile

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long term capital to businesses operating in the global financial services industry. It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies. It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation. The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support. It also seeks to partner with like-minded providers of third party capital to help supplement the firm's own capital, when completing acquisitions. The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.

Westaim Corp

70 York Street, Toronto, ON, Canada, M5J 1S9

Key Executives

Name Title Year Born
Mr. Ian W. Delaney Exec. Chairman 1944
Mr. John Cameron MacDonald CFA Pres, CEO & Director NA
Mr. Glenn Garry MacNeil C.A., C.M.A., CPA, CFA, CPA Chief Financial Officer 1959
Mr. Robert Terrance Kittel CFA, CPA Chief Operating Officer 1972
Mr. Stephen Lyndon Way Chief Exec. of HIIG 1949
Ms. Karen Woodfield Controller NA
Mr. Nakul Randev Principal NA
Ms. Cristina Nunes Advisor NA
Mr. William R. Andrus Advisor 1950

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