Overview
Canada growth capital provider's Q1 revenue rose 21% yr/yr to C$3.5 mln
Recurring free cash flow for Q1 increased 4% yr/yr
Total investment assets grew 27% yr/yr to C$80.3 mln
Outlook
Company did not provide specific guidance or outlook for future quarters or the full year
Result Drivers
NEW INVESTMENTS - Co made C$6.5 mln in new investments in Q1, up from C$3.2 mln a year ago
RECURRING FREE CASH FLOW - Co said it continued to generate positive recurring free cash flow while growing revenue, per CEO Alex Baluta
Company press release: ID:nGNEzmbVh
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
C$3.50 mln
Q1 EPS
C$0.02
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)