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Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations across Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is North America’s growing home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is a franchised supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is a quick-service Mexican restaurant chain.


TSX:DIV - Post by User

Comment by Konaboyon Jul 05, 2022 8:33am
197 Views
Post# 34801239

RE:RE:RE:RE:Article on Air Miles

RE:RE:RE:RE:Article on Air Miles LYLT will be dead if they don't expand their base, I'm certain that they are focussed intensely on this.  Q2 numbers will probably show slight Airmiles decrease, the hit will come in Q3.

Mr. Mikes has benefited from deferrals, their contribution should be up.  Mr Lube should also be up, and will grow in the fall, as fed/prov governments are returning to office and traffic picks up.

Out of caution, another div increase at this time might not happen.

First Quarter Results  (000’s)   Three months ended March 31, 2022     2021
Mr. Lube                 $ 4,809   $ 3,360
AIR MILES®             1,530   1,525
Sutton                      1,053   1,033
Oxford                      1,030   906 
Mr. Mikes1                1,300   497
Nurse Next Door     1,272   1,246
Adjusted revenue   10,994  $ 8,837 
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