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FW Flow Capital News Story

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FinancialsAdventurousMicro CapNeutral

Canada's Flow Capital Q1 revenue rises year over year

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

MetricBeat/MissActualConsensus Estimate
Q1 RevenueC$3.50 mln
Q1 EPSC$0.02
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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