Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures T.AD.DB

Alternate Symbol(s): ADLRF | T.AD.DB.A | T.AD.UN

Financial Services Asset Management

Alaris Equity Partners Income Trust (the Trust) is a Canada-based private equity company. The Trust, through its subsidiaries, provides alternative financing to private companies. The Trust’s operations consist primarily of investments in private operating entities. The principal objective of the Trust is to generate stable and predictable cash flows for payment of distributions to unitholders of the Trust. The Trust offers a range of services, which include services, healthcare services, industrial services, professional services, information technology services, and construction-related services. The Company’s investments are made through a wholly owned Canadian corporation, Alaris Equity Partners Inc., and its American investments are made through, Alaris Equity Partners USA Inc. (Alaris USA) and Salaris USA Royalty Inc. (Salaris USA). The Trust also has a wholly owned subsidiary in the Netherlands, Alaris Cooperatief U.A. (Alaris Cooperatief).

TSX:AD.DB - Post by User

Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Nov 27, 2022 8:05am

467 Views

Post# 35131771

Earnings Reaction

EPS of $0.73 beat estimates of $0.45. Revenue of $42.87M beat estimates of $40.46M. EBITDA of $40M beat by 18%. The distribution was raised 3%. Book value has improved to $19.57. The stronger USD has helped and some investments were redeemed which has added to financial flexibility. POR has dipped below 70%. The conference call sounded quite positive. (5iResearch)

<< Previous

Bullboard Posts

Next >>

Odd Burger to add 40 locations in Florida