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Flow Capital

TSXV:FW
Snowflake Description

Fair value with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FW
TSXV
CA$11M
Market Cap
  1. Home
  2. CA
  3. Diversified Financials
Company description

Flow Capital Corp. operates as an alternative asset investor and advisor in North America. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
  • Flow Capital has significant price volatility in the past 3 months.
FW Share Price and Events
7 Day Returns
-3.8%
TSXV:FW
0.1%
CA Capital Markets
0.7%
CA Market
1 Year Returns
0%
TSXV:FW
-1.6%
CA Capital Markets
-1.2%
CA Market
FW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Flow Capital (FW) -3.8% 4.2% 25% 0% - -
CA Capital Markets 0.1% 1.4% 6.5% -1.6% 22.1% -12.6%
CA Market 0.7% 1.1% 0.9% -1.2% 14.1% 1.6%
1 Year Return vs Industry and Market
  • FW outperformed the Capital Markets industry which returned -1.6% over the past year.
  • FW outperformed the Market in Canada which returned -1.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Flow Capital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Flow Capital. This is due to cash flow or dividend data being unavailable. The share price is CA$0.125.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Flow Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Flow Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:FW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$0.07
TSXV:FW Share Price ** TSXV (2019-06-25) in CAD CA$0.13
Canada Capital Markets Industry PE Ratio Median Figure of 20 Publicly-Listed Capital Markets Companies 10.79x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.12x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Flow Capital.

TSXV:FW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:FW Share Price ÷ EPS (both in CAD)

= 0.13 ÷ 0.07

1.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Flow Capital is good value based on earnings compared to the CA Capital Markets industry average.
  • Flow Capital is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does Flow Capital's expected growth come at a high price?
Raw Data
TSXV:FW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 2.11x
Canada Market PEG Ratio Median Figure of 248 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Flow Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Flow Capital's assets?
Raw Data
TSXV:FW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.37
TSXV:FW Share Price * TSXV (2019-06-25) in CAD CA$0.13
Canada Capital Markets Industry PB Ratio Median Figure of 150 Publicly-Listed Capital Markets Companies 1.18x
Canada Market PB Ratio Median Figure of 2,426 Publicly-Listed Companies 1.45x
TSXV:FW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:FW Share Price ÷ Book Value per Share (both in CAD)

= 0.13 ÷ 0.37

0.34x

* Primary Listing of Flow Capital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Flow Capital is good value based on assets compared to the CA Capital Markets industry average.
X
Value checks
We assess Flow Capital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Flow Capital has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Flow Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Flow Capital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.5%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Flow Capital expected to grow at an attractive rate?
  • Unable to compare Flow Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Flow Capital's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Flow Capital's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:FW Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.5%
Canada Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 1.4%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:FW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:FW Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:FW Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 5 0 3
2018-12-31 4 -2 3
2018-09-30 2 -3 2
2018-06-30 1 -2 1
2018-03-31 -4 2 -7
2017-12-31 -8 3 -11
2017-09-30 -10 3 -13
2017-06-30 -11 4 -13
2017-03-31 -8 1 -11
2016-12-31 -7 -6 -11
2016-09-30 -1 -8 -6
2016-06-30 7 -9 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Flow Capital is high growth as no earnings estimate data is available.
  • Unable to determine if Flow Capital is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:FW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Flow Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:FW Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:FW Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 0.07
2018-12-31 0.06
2018-09-30 0.02
2018-06-30 0.01
2018-03-31 -0.06
2017-12-31 -0.11
2017-09-30 -0.12
2017-06-30 -0.16
2017-03-31 -0.12
2016-12-31 -0.10
2016-09-30 -0.06
2016-06-30 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Flow Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Flow Capital is trading at Flow Capital'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Flow Capital's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Flow Capital's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Flow Capital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Flow Capital has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Flow Capital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Flow Capital's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Flow Capital's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Flow Capital has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Flow Capital has become profitable in the last year making it difficult to compare the CA Capital Markets industry average.
Earnings and Revenue History
Flow Capital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Flow Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:FW Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4.59 3.18 4.08
2018-12-31 3.76 3.03 4.02
2018-09-30 2.47 2.14 4.01
2018-06-30 0.52 0.88 3.75
2018-03-31 -3.60 -7.43 3.55
2017-12-31 -7.79 -11.35 3.92
2017-09-30 -10.20 -13.15 3.08
2017-06-30 -10.57 -13.08 3.93
2017-03-31 -7.73 -11.26 4.12
2016-12-31 -6.98 -10.66 3.94
2016-09-30 -0.84 -6.19 5.05
2016-06-30 6.69 -0.47 4.21
2016-03-31 7.14 0.63 3.89
2015-12-31 11.93 5.17 3.38
2015-09-30 12.70 5.76 2.59
2015-06-30 6.97 2.27 2.28
2015-03-31 5.58 1.57 2.07
2014-12-31 2.94 -3.46 1.72
2013-12-31 0.12 -0.26 0.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Flow Capital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Flow Capital used its assets more efficiently than the CA Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if Flow Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Flow Capital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Flow Capital has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Flow Capital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Flow Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Flow Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Flow Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Flow Capital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Flow Capital Company Filings, last reported 2 months ago.

TSXV:FW Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 31.18 20.54 12.24
2018-12-31 31.18 20.41 8.77
2018-09-30 33.54 20.41 9.70
2018-06-30 34.08 20.17 10.76
2018-03-31 22.35 16.43 6.91
2017-12-31 22.16 16.33 8.63
2017-09-30 25.43 16.23 8.61
2017-06-30 27.13 16.13 7.98
2017-03-31 29.51 16.03 6.61
2016-12-31 33.22 15.94 6.20
2016-09-30 38.24 15.85 7.79
2016-06-30 41.17 15.76 7.50
2016-03-31 43.26 15.67 10.10
2015-12-31 45.92 15.60 16.90
2015-09-30 46.83 15.51 20.71
2015-06-30 43.85 15.43 20.38
2015-03-31 31.51 15.35 15.65
2014-12-31 19.54 15.28 9.75
2013-12-31 2.97 0.00 0.59
  • Flow Capital's level of debt (78%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (53.7% vs 78% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Flow Capital's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Flow Capital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Flow Capital has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Flow Capital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Flow Capital dividends.
If you bought CA$2,000 of Flow Capital shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Flow Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Flow Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:FW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 4.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 336 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:FW Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
TSXV:FW Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2018-08-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Flow Capital has not reported any payouts.
  • Unable to verify if Flow Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Flow Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Flow Capital has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Flow Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Flow Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Flow Capital has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Flow Capital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alex Baluta
COMPENSATION CA$469,248
AGE 53
TENURE AS CEO 0.5 years
CEO Bio

Mr. Alexander William Baluta, also known as Alex, has been Chief Executive Officer at Flow Capital Corp. since December 4, 2018. He has been the Vice-President of Corporate Development for NexJ Systems Inc. since September 2009. Prior thereto, Mr. Baluta served as the Managing Director, Investment Banking for Mackie Research Capital Corporation (formerly, Research Capital Corp.). He founded Mermax Capital Corp. and served as its President since January 2005. He serves as the Chairman of the Nevaro Capital Corporation. He served as Equity Analyst at Citigroup Global Markets Japan Inc., Research Division and BofA Merrill Lynch, Research Division. From May 2003 to January 2005, Mr. Baluta served as Director of Institutional Equity Sales with UBS Securities Canada. From April 2000 to May 2001, he served as Managing Director/Research Analyst at Robertson Stephens, Inc., Research Division. He served as Senior Analyst at Merril Lynch Canada from 1996 to April 2000. He has been a Director of Nevaro Capital Corporation (formerly, VRB Power Systems Inc.) since December 02, 2009. He served as Director of Pembroke Capital Corp. since May 6, 2010; Avaranta Resources Ltd., (formerly, Allman Technologies Inc.) from October 31, 2007 to May 2009 and Minfocus Exploration Corp. Mr. Baluta holds various designations from the Canadian Securities Institute including that of Certified Investment Manager.

CEO Compensation
  • Insufficient data for Alex to compare compensation growth.
  • Alex's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Flow Capital management team in years:

1.2
Average Tenure
53
Average Age
  • The average tenure for the Flow Capital management team is less than 2 years, this suggests a new team.
Management Team

Vernon Lobo

TITLE
Executive Chair
COMPENSATION
CA$407K
AGE
53

Alex Baluta

TITLE
Chief Executive Officer
COMPENSATION
CA$469K
AGE
53
TENURE
0.5 yrs

Donnacha Rahill

TITLE
Chief Financial Officer
COMPENSATION
CA$262K
AGE
53
TENURE
5.3 yrs

Robb McLarty

TITLE
Chief Investment Officer
COMPENSATION
CA$354K
AGE
45
TENURE
1.2 yrs

Paul De Luca

TITLE
Legal Counsel & Independent Director
COMPENSATION
CA$34K
AGE
44

Steve Mantle

TITLE
President of Global Partners
COMPENSATION
CA$558K
AGE
62

Alexander MacDonald

TITLE
Vice President of Global Partners
COMPENSATION
CA$338K

Steve Parry

TITLE
COMPENSATION
CA$231K
AGE
62
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Flow Capital board of directors in years:

1
Average Tenure
53
Average Age
  • The average tenure for the Flow Capital board of directors is less than 3 years, this suggests a new board.
Board of Directors

Vernon Lobo

TITLE
Executive Chair
COMPENSATION
CA$407K
AGE
53
TENURE
1 yrs

Paul De Luca

TITLE
Legal Counsel & Independent Director
COMPENSATION
CA$34K
AGE
44
TENURE
1 yrs

Catherine McLeod-Seltzer

TITLE
Director
COMPENSATION
CA$62K
AGE
58
TENURE
11.1 yrs

Alan Torrie

TITLE
Director
COMPENSATION
CA$54K
AGE
67
TENURE
1 yrs

Gord McMillan

TITLE
Director
COMPENSATION
CA$51K
AGE
50
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Flow Capital individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
14. Jun 19 Buy Alan Torrie Individual 11. Jun 19 13. Jun 19 409,500 CA$0.14 CA$57,366
13. Jun 19 Buy Robb McLarty Individual 13. Jun 19 13. Jun 19 53,000 CA$0.11 CA$5,827
12. Jun 19 Buy Robb McLarty Individual 12. Jun 19 12. Jun 19 66,976 CA$0.15 CA$9,786
11. Jun 19 Buy Alan Torrie Individual 06. Jun 19 07. Jun 19 14,500 CA$0.13 CA$1,872
10. Jun 19 Buy Robb McLarty Individual 06. Jun 19 06. Jun 19 6,000 CA$0.13 CA$802
06. Jun 19 Buy Robb McLarty Individual 04. Jun 19 04. Jun 19 84,000 CA$0.13 CA$11,276
06. Jun 19 Buy Alan Torrie Individual 03. Jun 19 04. Jun 19 55,500 CA$0.13 CA$7,229
03. Jun 19 Buy Alan Torrie Individual 31. May 19 31. May 19 162,500 CA$0.13 CA$21,466
31. May 19 Buy Alan Torrie Individual 24. May 19 30. May 19 358,000 CA$0.13 CA$44,154
26. May 19 Buy Vernon Lobo Individual 24. May 19 24. May 19 5,000 CA$0.12 CA$575
25. May 19 Buy Vernon Lobo Individual 24. May 19 24. May 19 74,000 CA$0.12 CA$8,510
24. May 19 Buy Vernon Lobo Individual 23. May 19 23. May 19 1,000 CA$0.12 CA$115
23. May 19 Buy Vernon Lobo Individual 22. May 19 22. May 19 20,000 CA$0.12 CA$2,300
07. Jul 18 Buy Donnacha Rahill Individual 04. Jul 18 04. Jul 18 694,400 CA$0.18 CA$124,992
07. Jul 18 Buy Robb McLarty Individual 04. Jul 18 04. Jul 18 1,674,400 CA$0.18 CA$301,392
07. Jul 18 Buy Vernon Lobo Individual 04. Jul 18 04. Jul 18 2,525,000 CA$0.18 CA$454,501
X
Management checks
We assess Flow Capital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Flow Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Flow Capital Corp. operates as an alternative asset investor and advisor in North America. It offers revenue-linked capital to small and medium sized enterprises; and an institutional advisory sales platform that provides pension funds, charities, and endowment clients with access to various institutional money managers. The company was formerly known as LOGiQ Asset Management Inc. and changed its name to Flow Capital Corp. in June 2018. Flow Capital Corp. is based in Toronto, Canada.

Details
Name: Flow Capital Corp.
FW
Exchange: TSXV
Founded:
CA$10,595,095
84,760,764
Website: http://www.flowcap.com
Address: Flow Capital Corp.
1 Adelaide Street East,
Suite 3002,
Toronto,
Ontario, M5C 2V9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV FW New Common Stock TSX Venture Exchange CA CAD 12. Jun 2018
OTCPK AHFC.F New Common Stock Pink Sheets LLC US USD 12. Jun 2018
Number of employees
Current staff
Staff numbers
5
Flow Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 01:27
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2018/02/15
Last earnings filing: 2019/05/16
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.