View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAltius Renewable Royalties 将来の成長Future 基準チェック /26Altius Renewable Royaltiesの収益は成長。EPSは成長すると210.2%年率で予測されます。主要情報n/a収益成長率210.16%EPS成長率Renewable Energy 収益成長6.8%収益成長率62.5%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日20 Nov 2024今後の成長に関する最新情報Breakeven Date Change • Oct 19Forecast breakeven date moved forward to 2023The 7 analysts covering Altius Renewable Royalties previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$5.21m in 2023. Earnings growth of 87% is required to achieve expected profit on schedule.Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 4 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$900.0k in 2024. Average annual earnings growth of 150% is required to achieve expected profit on schedule.Breakeven Date Change • May 09Forecast breakeven date moved forward to 2022The 5 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$1.38m in 2022. Earnings growth of 53% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 6 analysts covering Altius Renewable Royalties expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$2.75m in 2023. Average annual earnings growth of 69% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesお知らせ • Dec 06Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC completed the acquisition of 41.74% stake in Altius Renewable Royalties Corp. (TSX:ARR).Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC entered into a definitive arrangement agreement to acquire 41.74% stake in Altius Renewable Royalties Corp. (TSX:ARR) for approximately CAD 150 million on September 12, 2024. Under the terms of the agreement, Royal Aggregator will acquire all of the issued and outstanding common shares of the Altius Renewable Royalties, other than the 58.3% shares owned by Altius Minerals, for a cash consideration of CAD 12 per share. Following completion of the transaction, Northampton Purchaser will hold 41.7% of the issued and outstanding ARR Shares and Altius Minerals will indirectly hold 58.3% of the issued and outstanding ARR shares, based on the settlement of ARR dilutive. Post completion, Altius Renewable Royalties expects to be delisted from the TSX. In case of termination of transaction, Northampton Capital Partners LLC will pay a termination fee of $6.75 million (CAD 9.17622 million) and seller will pay a termination fee of $6.75 million (CAD 9.17622 million). The transaction is subject approval of offer by target shareholders, court and other approval, and other customary closing conditions. The Board of Directors of Altius Renewable Royalties Corp. formed a special committee for the transaction, based on the recommendation of which, the deal has been unanimously approved by the board. Shareholders holding approximately 81% of the ARR shares have entered into support agreements to vote in favor of the transaction. The transaction is expected to close in the fourth quarter of 2024. As of October 25, 2024, the hearing of the application for the final order is anticipated to take place before a justice of the Court of King’s Bench of Alberta on November 22, 2024. The transaction is expected to close on or around the end of November 2024. As of November 19, 2024, Altius Renewable announce that the shareholders of the Company have approved the transaction. As of December 2, 2024 Court of King’s Bench of Alberta has approved the application for the final order which approves statutory plan of arrangement pursuant to which Royal Aggregator LP will, among other things, acquire all of the issued and outstanding common shares of Altius Renewable Royalties Corp. National Bank Financial Inc. acted as fairness opinion provider and financial advisor to the special committee of ARR. McCarthy Tétrault LLP and Pierce Atwood LLP acted as legal advisor to ARR. John Kaercher, Zahra Usmani, Matt Nadworny, Jennifer Wang, David Wheat and Adam Nguyen of Kirkland & Ellis LLP and Mintz LLP acted as legal advisor to Northampton. TSX Trust Company acted as transfer agent to Altius Renewable Royalties Corp. Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC completed the acquisition of 41.74% stake in Altius Renewable Royalties Corp. (TSX:ARR) on December 4, 2024. As a result of the completion of the Arrangement, the Common Shares are expected to be delisted from the Toronto Stock Exchange within three business days of closing and no longer quoted on the OTCQX shortly thereafter.お知らせ • Dec 03Altius Renewable Royalties to be No Longer Publicly Held and the Common Shares to be Delisted from the Toronto Stock Exchange and No Longer Quoted on the OTCQXAltius Renewable Royalties Corp. ('ARR' or the 'Company') announced on December 3, 2024 that the Court of King's Bench of Alberta has approved the application for the final order which approves the previously announced statutory plan of arrangement pursuant to which Royal Aggregator LP (the 'Purchaser'), an affiliate of Northampton Capital Partners, LLC ('Northampton'), will, among other things, acquire all of the issued and outstanding common shares of ARR (each a 'Common Share') other than the 17,937,339 Common Shares (representing approximately 58.092% of the outstanding Common Shares) owned directly or indirectly by Altius Minerals Corporation ('Altius Minerals'), for a price of CAD 12.00 in cash per Common Share (the 'Arrangement'), on and subject to the terms of the Arrangement Agreement between the Company and the Purchaser dated September 11, 2024 (the 'Arrangement Agreement'). As all of the conditions precedent have been satisfied or waived, the parties will proceed towards closing the Arrangement, following which ARR will no longer be publicly held and the Common Shares will be delisted from the Toronto Stock Exchange and no longer quoted on the OTCQX shortly thereafter.お知らせ • Nov 15PenderFund Sends Letter to Altius Renewable RoyaltiesOn November 14, 2024, PenderFund Capital Management Ltd announced that it has sent a letter to Altius Renewable Royalties Corp detailing its concerns over a flawed process undertaken by the special committee to negotiate and approve the proposed take-private offer by Royal Aggregator LP, and filed its notice of intention to appear at the final order fairness hearing, re-affirms its intention to file its written objection and notice of dissent with respect to the transaction. In addition, PenderFund continues to urge the shareholders of the Company to vote against and to exercise dissent rights in respect of the Transaction.お知らせ • Sep 12Altius Renewable Royalties Expects to be Delisted from the TSX Following Completion of the TransactionAltius Minerals Corporation (‘Altius’ or the ‘Corporation’) reported that its approximately 58% owned subsidiary, Altius Renewable Royalties Corporation has announced that it has entered into a definitive arrangement agreement with an affiliate of Northampton Capital Partners, LLC (‘Northampton’) whereby Northampton will, subject to customary closing conditions, acquire all of the issued and outstanding common shares of the company other than those indirectly owned by Altius by way of a statutory plan of arrangement for cash consideration of CAD 12 per share for total consideration of approximately CAD 162 million (the ‘Transaction’). Altius has entered into a voting support agreement to vote its shares in favour of the Transaction, subject to certain customary exceptions. Following completion of the Transaction, which is expected to occur in the fourth quarter of 2024, the company expects to be delisted from the TSX and cease to be a reporting issuer, and upon closing will be held by Altius and Northampton on an approximately 57%-43% respective ownership basis.Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Karen Clarke-Whistler was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 18Altius Renewable Royalties Corp. to Report Q2, 2024 Results on Aug 05, 2024Altius Renewable Royalties Corp. announced that they will report Q2, 2024 results After-Market on Aug 05, 2024お知らせ • Apr 19Altius Renewable Royalties Corp. to Report Q1, 2024 Results on May 02, 2024Altius Renewable Royalties Corp. announced that they will report Q1, 2024 results After-Market on May 02, 2024お知らせ • Mar 09Altius Renewable Royalties Corp., Annual General Meeting, May 22, 2024Altius Renewable Royalties Corp., Annual General Meeting, May 22, 2024.New Risk • Mar 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.4m free cash flow). Revenue is less than US$1m.お知らせ • Jan 20Altius Renewable Royalties Corp. to Report Q4, 2023 Results on Mar 06, 2024Altius Renewable Royalties Corp. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024New Risk • Oct 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$300k net loss next year). Shareholders have been diluted in the past year (16% increase in shares outstanding).New Risk • Oct 19New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$271k Forecast net loss in 1 year: US$290k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$290k net loss next year). Shareholders have been diluted in the past year (16% increase in shares outstanding).Breakeven Date Change • Oct 19Forecast breakeven date moved forward to 2023The 7 analysts covering Altius Renewable Royalties previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$5.21m in 2023. Earnings growth of 87% is required to achieve expected profit on schedule.お知らせ • Oct 17Altius Renewable Royalties Corp. to Report Q3, 2023 Results on Nov 06, 2023Altius Renewable Royalties Corp. announced that they will report Q3, 2023 results After-Market on Nov 06, 2023Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 4 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$900.0k in 2024. Average annual earnings growth of 150% is required to achieve expected profit on schedule.お知らせ • Jan 26Altius Renewable Royalties Corp. to Report Q4, 2022 Results on Mar 01, 2023Altius Renewable Royalties Corp. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Mar 01, 2023Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman Earl Ludlow is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Sep 30Independent Director recently bought €59k worth of stockOn the 23rd of September, Andre Gaumond bought around 10k shares on-market at roughly €5.93 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €237k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jun 15Independent Director recently bought €62k worth of stockOn the 13th of June, Andre Gaumond bought around 10k shares on-market at roughly €6.33 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €191k more in shares than they have sold in the last 12 months.Breakeven Date Change • May 09Forecast breakeven date moved forward to 2022The 5 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$1.38m in 2022. Earnings growth of 53% is required to achieve expected profit on schedule.Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman Earl Ludlow is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 05Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$0.14 loss per share (up from US$0.15 loss in FY 2020). Net loss: US$3.42m (loss widened 73% from FY 2020). Revenue missed analyst estimates by 45%. Over the next year, revenue is forecast to grow 4,279% compared to a 36% decline forecast for the industry in Germany.Board Change • Dec 31High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman Earl Ludlow is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 10Third quarter 2021 earnings released: US$0.05 loss per share (vs US$0.021 loss in 3Q 2020)Third quarter 2021 results: Net loss: US$1.41m (loss widened 303% from 3Q 2020).Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 6 analysts covering Altius Renewable Royalties expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$2.75m in 2023. Average annual earnings growth of 69% is required to achieve expected profit on schedule.Executive Departure • Aug 06Independent Director Judy Cotte has left the companyOn the 5th of August, Judy Cotte's tenure as Independent Director ended after less than a year in the role. As of March 2021, Judy still personally held only 3.60k shares (€26k worth at the time). Judy is the only executive to leave the company over the last 12 months.Reported Earnings • May 08First quarter 2021 earnings released: US$0.01 loss per share (vs US$0.11 loss in 1Q 2020)First quarter 2021 results: Net loss: US$130.9k (loss narrowed 71% from 1Q 2020).Reported Earnings • Mar 29Full year 2020 earnings released: US$0.15 loss per share (vs US$0.49 loss in FY 2019)Full year 2020 results: Net loss: US$1.98m (loss widened 31% from FY 2019).業績と収益の成長予測DB:7VZ - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202619N/AN/AN/A112/31/202514N/AN/A1212/31/202412N/AN/A129/30/2024N/A-111N/A6/30/2024N/A-222N/A3/31/2024N/A-111N/A12/31/2023N/A-100N/A9/30/2023N/A-100N/A6/30/2023N/A000N/A3/31/2023N/A-1-1-1N/A12/31/2022N/A-1-1-1N/A9/30/2022N/A-2-2-2N/A6/30/2022N/A-3-2-2N/A3/31/2022N/A-4-1-1N/A12/31/2021N/A-3-1-1N/A9/30/20210-1-1-1N/A6/30/202100-1-1N/A3/31/20210-2-1-1N/A12/31/20200-2-1-1N/A9/30/20200-3-1-1N/A12/31/20190-2-1-1N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 7VZの予測収益成長が 貯蓄率 ( 1% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 7VZの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 7VZの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 7VZの収益 ( 62.5% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 7VZの収益 ( 62.5% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 7VZの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/12/05 15:04終値2024/12/05 00:00収益2024/09/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Altius Renewable Royalties Corp. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Robert HopeScotiabank Global Banking and MarketJustin StrongScotiabank Global Banking and Market
Breakeven Date Change • Oct 19Forecast breakeven date moved forward to 2023The 7 analysts covering Altius Renewable Royalties previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$5.21m in 2023. Earnings growth of 87% is required to achieve expected profit on schedule.
Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 4 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$900.0k in 2024. Average annual earnings growth of 150% is required to achieve expected profit on schedule.
Breakeven Date Change • May 09Forecast breakeven date moved forward to 2022The 5 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$1.38m in 2022. Earnings growth of 53% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 6 analysts covering Altius Renewable Royalties expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$2.75m in 2023. Average annual earnings growth of 69% is required to achieve expected profit on schedule.
お知らせ • Dec 06Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC completed the acquisition of 41.74% stake in Altius Renewable Royalties Corp. (TSX:ARR).Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC entered into a definitive arrangement agreement to acquire 41.74% stake in Altius Renewable Royalties Corp. (TSX:ARR) for approximately CAD 150 million on September 12, 2024. Under the terms of the agreement, Royal Aggregator will acquire all of the issued and outstanding common shares of the Altius Renewable Royalties, other than the 58.3% shares owned by Altius Minerals, for a cash consideration of CAD 12 per share. Following completion of the transaction, Northampton Purchaser will hold 41.7% of the issued and outstanding ARR Shares and Altius Minerals will indirectly hold 58.3% of the issued and outstanding ARR shares, based on the settlement of ARR dilutive. Post completion, Altius Renewable Royalties expects to be delisted from the TSX. In case of termination of transaction, Northampton Capital Partners LLC will pay a termination fee of $6.75 million (CAD 9.17622 million) and seller will pay a termination fee of $6.75 million (CAD 9.17622 million). The transaction is subject approval of offer by target shareholders, court and other approval, and other customary closing conditions. The Board of Directors of Altius Renewable Royalties Corp. formed a special committee for the transaction, based on the recommendation of which, the deal has been unanimously approved by the board. Shareholders holding approximately 81% of the ARR shares have entered into support agreements to vote in favor of the transaction. The transaction is expected to close in the fourth quarter of 2024. As of October 25, 2024, the hearing of the application for the final order is anticipated to take place before a justice of the Court of King’s Bench of Alberta on November 22, 2024. The transaction is expected to close on or around the end of November 2024. As of November 19, 2024, Altius Renewable announce that the shareholders of the Company have approved the transaction. As of December 2, 2024 Court of King’s Bench of Alberta has approved the application for the final order which approves statutory plan of arrangement pursuant to which Royal Aggregator LP will, among other things, acquire all of the issued and outstanding common shares of Altius Renewable Royalties Corp. National Bank Financial Inc. acted as fairness opinion provider and financial advisor to the special committee of ARR. McCarthy Tétrault LLP and Pierce Atwood LLP acted as legal advisor to ARR. John Kaercher, Zahra Usmani, Matt Nadworny, Jennifer Wang, David Wheat and Adam Nguyen of Kirkland & Ellis LLP and Mintz LLP acted as legal advisor to Northampton. TSX Trust Company acted as transfer agent to Altius Renewable Royalties Corp. Royal Aggregator LP, an affiliate of Northampton Capital Partners LLC completed the acquisition of 41.74% stake in Altius Renewable Royalties Corp. (TSX:ARR) on December 4, 2024. As a result of the completion of the Arrangement, the Common Shares are expected to be delisted from the Toronto Stock Exchange within three business days of closing and no longer quoted on the OTCQX shortly thereafter.
お知らせ • Dec 03Altius Renewable Royalties to be No Longer Publicly Held and the Common Shares to be Delisted from the Toronto Stock Exchange and No Longer Quoted on the OTCQXAltius Renewable Royalties Corp. ('ARR' or the 'Company') announced on December 3, 2024 that the Court of King's Bench of Alberta has approved the application for the final order which approves the previously announced statutory plan of arrangement pursuant to which Royal Aggregator LP (the 'Purchaser'), an affiliate of Northampton Capital Partners, LLC ('Northampton'), will, among other things, acquire all of the issued and outstanding common shares of ARR (each a 'Common Share') other than the 17,937,339 Common Shares (representing approximately 58.092% of the outstanding Common Shares) owned directly or indirectly by Altius Minerals Corporation ('Altius Minerals'), for a price of CAD 12.00 in cash per Common Share (the 'Arrangement'), on and subject to the terms of the Arrangement Agreement between the Company and the Purchaser dated September 11, 2024 (the 'Arrangement Agreement'). As all of the conditions precedent have been satisfied or waived, the parties will proceed towards closing the Arrangement, following which ARR will no longer be publicly held and the Common Shares will be delisted from the Toronto Stock Exchange and no longer quoted on the OTCQX shortly thereafter.
お知らせ • Nov 15PenderFund Sends Letter to Altius Renewable RoyaltiesOn November 14, 2024, PenderFund Capital Management Ltd announced that it has sent a letter to Altius Renewable Royalties Corp detailing its concerns over a flawed process undertaken by the special committee to negotiate and approve the proposed take-private offer by Royal Aggregator LP, and filed its notice of intention to appear at the final order fairness hearing, re-affirms its intention to file its written objection and notice of dissent with respect to the transaction. In addition, PenderFund continues to urge the shareholders of the Company to vote against and to exercise dissent rights in respect of the Transaction.
お知らせ • Sep 12Altius Renewable Royalties Expects to be Delisted from the TSX Following Completion of the TransactionAltius Minerals Corporation (‘Altius’ or the ‘Corporation’) reported that its approximately 58% owned subsidiary, Altius Renewable Royalties Corporation has announced that it has entered into a definitive arrangement agreement with an affiliate of Northampton Capital Partners, LLC (‘Northampton’) whereby Northampton will, subject to customary closing conditions, acquire all of the issued and outstanding common shares of the company other than those indirectly owned by Altius by way of a statutory plan of arrangement for cash consideration of CAD 12 per share for total consideration of approximately CAD 162 million (the ‘Transaction’). Altius has entered into a voting support agreement to vote its shares in favour of the Transaction, subject to certain customary exceptions. Following completion of the Transaction, which is expected to occur in the fourth quarter of 2024, the company expects to be delisted from the TSX and cease to be a reporting issuer, and upon closing will be held by Altius and Northampton on an approximately 57%-43% respective ownership basis.
Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Karen Clarke-Whistler was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 18Altius Renewable Royalties Corp. to Report Q2, 2024 Results on Aug 05, 2024Altius Renewable Royalties Corp. announced that they will report Q2, 2024 results After-Market on Aug 05, 2024
お知らせ • Apr 19Altius Renewable Royalties Corp. to Report Q1, 2024 Results on May 02, 2024Altius Renewable Royalties Corp. announced that they will report Q1, 2024 results After-Market on May 02, 2024
お知らせ • Mar 09Altius Renewable Royalties Corp., Annual General Meeting, May 22, 2024Altius Renewable Royalties Corp., Annual General Meeting, May 22, 2024.
New Risk • Mar 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.4m free cash flow). Revenue is less than US$1m.
お知らせ • Jan 20Altius Renewable Royalties Corp. to Report Q4, 2023 Results on Mar 06, 2024Altius Renewable Royalties Corp. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024
New Risk • Oct 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$300k net loss next year). Shareholders have been diluted in the past year (16% increase in shares outstanding).
New Risk • Oct 19New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$271k Forecast net loss in 1 year: US$290k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$290k net loss next year). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Breakeven Date Change • Oct 19Forecast breakeven date moved forward to 2023The 7 analysts covering Altius Renewable Royalties previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$5.21m in 2023. Earnings growth of 87% is required to achieve expected profit on schedule.
お知らせ • Oct 17Altius Renewable Royalties Corp. to Report Q3, 2023 Results on Nov 06, 2023Altius Renewable Royalties Corp. announced that they will report Q3, 2023 results After-Market on Nov 06, 2023
Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 4 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$900.0k in 2024. Average annual earnings growth of 150% is required to achieve expected profit on schedule.
お知らせ • Jan 26Altius Renewable Royalties Corp. to Report Q4, 2022 Results on Mar 01, 2023Altius Renewable Royalties Corp. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Mar 01, 2023
Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman Earl Ludlow is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Sep 30Independent Director recently bought €59k worth of stockOn the 23rd of September, Andre Gaumond bought around 10k shares on-market at roughly €5.93 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €237k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jun 15Independent Director recently bought €62k worth of stockOn the 13th of June, Andre Gaumond bought around 10k shares on-market at roughly €6.33 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €191k more in shares than they have sold in the last 12 months.
Breakeven Date Change • May 09Forecast breakeven date moved forward to 2022The 5 analysts covering Altius Renewable Royalties previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$1.38m in 2022. Earnings growth of 53% is required to achieve expected profit on schedule.
Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman Earl Ludlow is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 05Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: US$0.14 loss per share (up from US$0.15 loss in FY 2020). Net loss: US$3.42m (loss widened 73% from FY 2020). Revenue missed analyst estimates by 45%. Over the next year, revenue is forecast to grow 4,279% compared to a 36% decline forecast for the industry in Germany.
Board Change • Dec 31High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Chairman Earl Ludlow is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 10Third quarter 2021 earnings released: US$0.05 loss per share (vs US$0.021 loss in 3Q 2020)Third quarter 2021 results: Net loss: US$1.41m (loss widened 303% from 3Q 2020).
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 6 analysts covering Altius Renewable Royalties expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$2.75m in 2023. Average annual earnings growth of 69% is required to achieve expected profit on schedule.
Executive Departure • Aug 06Independent Director Judy Cotte has left the companyOn the 5th of August, Judy Cotte's tenure as Independent Director ended after less than a year in the role. As of March 2021, Judy still personally held only 3.60k shares (€26k worth at the time). Judy is the only executive to leave the company over the last 12 months.
Reported Earnings • May 08First quarter 2021 earnings released: US$0.01 loss per share (vs US$0.11 loss in 1Q 2020)First quarter 2021 results: Net loss: US$130.9k (loss narrowed 71% from 1Q 2020).
Reported Earnings • Mar 29Full year 2020 earnings released: US$0.15 loss per share (vs US$0.49 loss in FY 2019)Full year 2020 results: Net loss: US$1.98m (loss widened 31% from FY 2019).