XTSXWED
Market cap454mUSD
Dec 23, Last price
5.10CAD
1D
-1.16%
1Q
27.50%
Jan 2017
82.14%
Name
Westaim Corp
Chart & Performance
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 211,273 722.91% | 25,674 -19.01% | 31,700 -215.39% | |||||||
Cost of revenue | 26,504 | 2,385 | 1,887 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 184,769 | 23,289 | 29,813 | |||||||
NOPBT Margin | 87.46% | 90.71% | 94.05% | |||||||
Operating Taxes | 2,299 | (357) | 221 | |||||||
Tax Rate | 1.24% | 0.74% | ||||||||
NOPAT | 182,470 | 23,646 | 29,592 | |||||||
Net income | 183,982 924.34% | 17,961 -36.33% | 28,210 -182.01% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (26,386) | (2,564) | (1,055) | |||||||
BB yield | 4.93% | 0.67% | 0.29% | |||||||
Debt | ||||||||||
Debt current | ||||||||||
Long-term debt | 128 | 522 | 826 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 3,060 | (413) | ||||||||
Net debt | (549,168) | (412,040) | (400,005) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (3,092) | (2,460) | (5,118) | |||||||
CAPEX | (10) | |||||||||
Cash from investing activities | 6,675 | 1,900 | 3,990 | |||||||
Cash from financing activities | (64,200) | (2,564) | (1,055) | |||||||
FCF | (206,192) | 23,924 | 31,293 | |||||||
Balance | ||||||||||
Cash | 521,760 | 3,434 | 6,558 | |||||||
Long term investments | 27,536 | 409,128 | 394,273 | |||||||
Excess cash | 538,732 | 411,278 | 399,246 | |||||||
Stockholders' equity | 506,828 | 347,566 | 332,169 | |||||||
Invested Capital | 44,993 | 65,481 | 69,339 | |||||||
ROIC | 330.34% | 35.08% | 41.87% | |||||||
ROCE | 33.48% | 5.64% | 7.43% | |||||||
EV | ||||||||||
Common stock shares outstanding | 142,395 | 144,877 | 146,109 | |||||||
Price | 3.76 42.97% | 2.63 5.20% | 2.50 0.40% | |||||||
Market cap | 535,404 40.52% | 381,026 4.31% | 365,273 2.45% | |||||||
EV | (13,764) | (28,787) | (32,505) | |||||||
EBITDA | 184,906 | 23,430 | 29,958 | |||||||
EV/EBITDA | ||||||||||
Interest | 1,010 | 1,900 | 1,989 | |||||||
Interest/NOPBT | 0.55% | 8.16% | 6.67% |