TSXV:MONT - Post Discussion
Post by
gil0256 on Nov 11, 2019 3:49pm
Q4 2019 and 2020 outlook:
2019 Q4 and 2020 Forecast:
1. Timia expanded limited partnership to $20M - will help to lend more
2. Fall is looking busy for Timia after expanding limited partnership
3. Two new investments(one anonymous investment) in October 2019 (Total of $1.8M USD investment). Another company Risilio ($0.9M investment-they can draw faciity upto $3M). Also, loaned out to Transit screen(already a customer)
4. Great pipeline of deals
5. Asset Under Management - $22M as of Oct 2019. 18 Loans in total as of Oct 2019 (7 to 16 over 12 months)
6. $22M AUM* 15% average interest revenue = $3.3M average revenue per year or $825,000 per quarter
6. Summer slowed down (expected) but loans are increasing quiet dramatically in Sept and Oct 2019
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