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Western Investment Company of Canada Limited

Financial Services CA WI

0.57CAD
-0.02(3.39%)

Last update at 2024-05-16T16:17:00Z

Day Range

0.570.59
LowHigh

52 Week Range

0.300.45
LowHigh

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 -0.21538M 0.02M -3.63442M 1.25M 1.13M
Minority interest - - - - -
Net income -0.21538M 0.02M -3.63442M 1.25M 1.13M
Selling general administrative 0.69M 0.75M 0.32M 0.28M 0.41M
Selling and marketing expenses - - - - -
Gross profit - - -2.72424M 1.96M 1.70M
Reconciled depreciation - - - - -
Ebit - 0.69M -3.17748M 0.51M -0.60455M
Ebitda 0.45M 0.63M -3.07828M 1.62M 1.20M
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income -0.48690M 0.63M -3.04814M 1.68M 1.29M
Other operating expenses - - - - -
Interest expense 0.67M 0.61M 0.56M 0.37M 0.07M
Tax provision - - - - -
Interest income 0.60M 0.07M 0.08M 0.00290M 0.00246M
Net interest income -0.06543M -0.60646M -0.55614M -0.37220M -0.06659M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - - - -
Total revenue 0.28M 1.38M -2.31284M 2.36M 2.17M
Total operating expenses 0.77M 0.75M 0.74M 0.68M 0.89M
Cost of revenue - - 0.41M 0.40M 0.48M
Total other income expense net 0.34M 1.04M -0.03014M -0.05270M -0.08937M
Discontinued operations - - - - -
Net income from continuing ops -0.21538M 0.02M -3.63442M 1.25M 1.13M
Net income applicable to common shares - 0.02M -3.80574M 1.25M 1.13M
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 18.62M 19.50M 19.93M 22.58M 17.84M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - - -
Total liab 6.24M 5.78M 5.32M 4.36M 1.68M
Total stockholder equity 12.38M 13.72M 14.61M 18.22M 16.17M
Deferred long term liab - - - - -
Other current liab - - - - -
Common stock - 15.71M 15.78M 15.84M 15.90M
Capital stock 15.69M 15.71M 15.78M 15.84M 15.90M
Retained earnings -5.60555M -4.21949M -4.23946M 0.33M -0.92163M
Other liab - - - - -
Good will - - - - -
Other assets - 0.77M 0.79M 0.31M -
Cash 0.03M 0.02M 0.37M 0.15M 0.00818M
Cash and equivalents - - - - -
Total current liabilities 0.15M 1.16M 0.92M 1.35M 1.68M
Current deferred revenue - - - - -
Net debt 6.06M 5.61M 4.81M 4.04M 1.51M
Short term debt - - - - 1.52M
Short long term debt - 1.01M 0.78M 1.19M 1.52M
Short long term debt total - - - - -
Other stockholder equity - 0.81M 0.81M 0.82M 0.07M
Property plant equipment - - - - -
Total current assets 0.42M 0.05M 0.42M 0.78M 0.16M
Long term investments 17.34M 18.69M 18.72M 21.49M 17.68M
Net tangible assets - 13.72M 13.67M 18.22M 16.17M
Short term investments - - - - -
Net receivables 0.00037M 0.02M 0.05M 0.62M 0.15M
Long term debt 6.08M 4.62M 4.40M 3.00M -
Inventory - - - - -
Accounts payable - 0.14M 0.15M 0.16M 0.16M
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 - - - 21.80M 17.68M
Deferred long term asset charges - - - - -
Non current assets total 18.20M 19.45M 19.51M 21.80M 17.68M
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 0.58M 0.02M -0.47499M -2.60321M -3.07500M
Change to liabilities - 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities - 0.16M -0.47499M -2.19521M -2.92386M
Net borrowings - 0.24M 0.79M 3.67M 1.52M
Total cash from financing activities 0.01M -0.09870M 0.46M 3.11M 1.51M
Change to operating activities - 0.02M 0.56M -0.46741M -0.02596M
Net income -0.21538M 0.02M -3.80574M 1.25M 1.13M
Change in cash 0.00240M -0.34258M 0.22M 0.14M -2.12212M
Begin period cash flow 0.02M 0.37M 0.15M 0.00818M 2.13M
End period cash flow 0.03M 0.02M 0.37M 0.15M 0.00818M
Total cash from operating activities -0.58858M -0.40765M 0.23M -0.77179M -0.70913M
Issuance of capital stock - - - - 0.00000M
Depreciation - - - - -
Other cashflows from investing activities - 0.14M 0.14M 0.41M 0.15M
Dividends paid 0.15M 0.00000M 0.00000M 0.00000M -
Change to inventory - - - - -
Change to account receivables -0.00037M - - - -
Sale purchase of stock -0.01904M -0.03620M -0.03105M -0.04591M -0.00676M
Other cashflows from financing activities - -0.30000M -0.30000M -0.51419M -0.00225M
Change to netincome - -0.45039M 3.48M -1.55702M -1.81470M
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 -0.35278M 0.02M 0.56M -0.46741M -0.02596M
Stock based compensation 0.05M 0.06M 0.06M 0.07M -
Other non cash items 0.26M 0.52M 0.49M 0.34M -
Free cash flow -0.58858M -0.40765M 0.23M -0.77179M -0.70913M

Fundamentals

  • Previous Close 0.59
  • Market Cap11.78M
  • Volume16600
  • P/E Ratio7.80
  • Dividend Yield1.28%
  • Revenue TTM2.99M
  • Revenue Per Share TTM0.10
  • Gross Profit TTM 1.38M
  • Diluted EPS TTM0.05

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)
WI
Western Investment Company of Canada Limited
-0.02 3.39% 0.57 7.80 - 3.94 0.88 88.92 8.59
WED
Westaim Corp
0.16 4.16% 4.01 2.14 277.78 2.61 0.76 2.03 17.08
TINY
Tiny Ltd.
0.06 2.17% 2.82 - - 2.62 -
LPC
Lorne Park Capital Partners Inc
- -% 1.25 41.67 - 2.38 5.98 2.61 12.48
PTF
Pender Growth Fund VCC Inc
-0.02 0.27% 7.50 - - 2.26 0.75 0.46

Reports Covered

Stock Research & News

Profile

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 incorporated in 2015 and is headquartered in High River, Canada.

Western Investment Company of Canada Limited

1010, 24th Avenue S.E., High River, AB, Canada, T1V 2A7

Key Executives

Name Title Year Born
Mr. Scott A. Tannas Pres, CEO, Sec. & Director 1962
Ms. Stacey Cross Chief Financial Officer NA
Mr. Shafeen Ashraf Mawani Chief Operating Officer NA

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