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Waterfront Capital

OTCPK:WFGC.F
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WFGC.F
OTCPK
CA$4M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Waterfront Capital Corporation provides business advisory and capital market services to public and non-public companies. The last earnings update was 127 days ago. More info.


Add to Portfolio Compare Print
  • Waterfront Capital has significant price volatility in the past 3 months.
WFGC.F Share Price and Events
7 Day Returns
0%
OTCPK:WFGC.F
3.1%
US Capital Markets
1.6%
US Market
1 Year Returns
8.9%
OTCPK:WFGC.F
-11%
US Capital Markets
3.2%
US Market
WFGC.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Waterfront Capital (WFGC.F) 0% 12.4% - 8.9% - -
US Capital Markets 3.1% 1% 11.6% -11% 57.3% 58.2%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • WFGC.F outperformed the Capital Markets industry which returned -11% over the past year.
  • WFGC.F outperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
WFGC.F
Industry
5yr Volatility vs Market

WFGC.F Value

 Is Waterfront 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 Waterfront Capital. This is due to cash flow or dividend data being unavailable. The share price is $0.0697.
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 Waterfront Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Waterfront Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:WFGC.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:WFG.H Share Price ** TSXV (2019-03-01) in CAD CA$0.08
United States of America Capital Markets Industry PE Ratio Median Figure of 76 Publicly-Listed Capital Markets Companies 24.96x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

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

** Primary Listing of Waterfront Capital.

OTCPK:WFGC.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:WFG.H Share Price ÷ EPS (both in CAD)

= 0.08 ÷ -0.01

-5.45x

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

  • Waterfront Capital is loss making, we can't compare its value to the US Capital Markets industry average.
  • Waterfront Capital is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Waterfront Capital's expected growth come at a high price?
Raw Data
OTCPK:WFGC.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 33 Publicly-Listed Capital Markets Companies 2.21x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*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 Waterfront Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Waterfront Capital's assets?
Raw Data
OTCPK:WFGC.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.01
TSXV:WFG.H Share Price * TSXV (2019-03-01) in CAD CA$0.08
United States of America Capital Markets Industry PB Ratio Median Figure of 149 Publicly-Listed Capital Markets Companies 4.83x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
OTCPK:WFGC.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:WFG.H Share Price ÷ Book Value per Share (both in CAD)

= 0.08 ÷ 0.01

7.47x

* Primary Listing of Waterfront Capital.

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

  • Waterfront Capital is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Waterfront 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. Waterfront Capital has a total score of 0/6, 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.

WFGC.F Future Performance

 How is Waterfront 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 Waterfront 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
6.4%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Waterfront Capital expected to grow at an attractive rate?
  • Unable to compare Waterfront Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Waterfront Capital's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Waterfront Capital's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:WFGC.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.4%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
OTCPK:WFGC.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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.
OTCPK:WFGC.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 -1
2018-06-30 -1 -1
2018-03-31 0 -1
2017-12-31 0 -1
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0 0
2016-06-30 0 0 0
2016-03-31 0 0 0
2015-12-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Waterfront Capital is high growth as no earnings estimate data is available.
  • Unable to determine if Waterfront 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
OTCPK:WFGC.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Waterfront Capital Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:WFGC.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.02
2015-12-31 -0.03

*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 Waterfront Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Waterfront Capital's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Waterfront 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. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Waterfront Capital's filings and announcements 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 Waterfront 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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Waterfront 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.

WFGC.F Past Performance

  How has Waterfront 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 Waterfront 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.
  • Waterfront Capital does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Waterfront Capital's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Waterfront Capital's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Waterfront 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 Waterfront Capital Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:WFGC.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -0.60 0.54
2018-06-30 -0.58 0.52
2018-03-31 -0.53 0.47
2017-12-31 -0.52 0.46
2017-09-30 -0.25 0.19
2017-06-30 -0.24 0.19
2017-03-31 -0.21 0.18
2016-12-31 -0.23 0.18
2016-09-30 0.00 -0.23 0.19
2016-06-30 0.00 -0.32 0.27
2016-03-31 0.06 -0.36 0.35
2015-12-31 0.17 -0.47 0.56
2015-09-30 0.27 -0.62 0.76
2015-06-30 0.32 -0.70 0.86
2015-03-31 0.32 -0.86 0.98
2014-12-31 0.27 -0.94 1.02
2014-09-30 0.22 -0.76 0.81
2014-06-30 0.23 -0.51 0.63
2014-03-31 0.22 -0.29 0.42
2013-12-31 0.22 -0.01 0.16
2013-09-30 0.26 0.02 0.16
2013-06-30 0.28 -0.31 0.23
2013-03-31 0.31 -0.31 0.27
2012-12-31 0.33 -0.31 0.30
2012-09-30 0.36 -0.57 0.38
2012-06-30 0.39 -0.21 0.33
2012-03-31 0.42 -0.23 0.35

*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.
  • It is difficult to establish if Waterfront Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Waterfront Capital has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Waterfront 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 Waterfront 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.
Waterfront Capital has a total score of 0/6, 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.

WFGC.F Health

 How is Waterfront 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 Waterfront Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Waterfront Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Waterfront Capital has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Waterfront 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.
  • Waterfront Capital has no debt, it does not need to be covered by short term assets.
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 Waterfront Capital Company Filings, last reported 5 months ago.

OTCPK:WFGC.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 0.48 0.00 0.38
2018-06-30 0.56 0.00 0.46
2018-03-31 0.67 0.00 0.66
2017-12-31 0.48 0.00 0.49
2017-09-30 0.05 0.00 0.08
2017-06-30 -0.24 0.04 0.03
2017-03-31 -0.19 0.02 0.02
2016-12-31 -0.12 0.01 0.09
2016-09-30 -0.06 0.01 0.10
2016-06-30 0.00 0.01 0.12
2016-03-31 0.03 0.01 0.11
2015-12-31 -0.11 0.02 0.13
2015-09-30 -0.04 0.00 0.11
2015-06-30 0.11 0.00 0.13
2015-03-31 0.17 0.00 0.14
2014-12-31 0.34 0.00 0.24
2014-09-30 0.36 0.00 0.21
2014-06-30 -0.17 0.53 0.23
2014-03-31 -0.06 0.52 0.32
2013-12-31 0.10 0.00 0.02
2013-09-30 0.13 0.00 0.05
2013-06-30 0.11 0.00 0.05
2013-03-31 0.10 0.00 0.07
2012-12-31 0.09 0.00 0.06
2012-09-30 0.10 0.00 0.06
2012-06-30 0.40 0.00 0.09
2012-03-31 0.40 0.00 0.11
  • Waterfront Capital has no debt.
  • Waterfront Capital had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Waterfront Capital has less than a year of cash runway based on current free cash flow.
  • Waterfront Capital has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.2% each year.
X
Financial health checks
We assess Waterfront 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. Waterfront Capital has a total score of 4/6, 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.

WFGC.F Dividends

 What is Waterfront 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 Waterfront Capital dividends.
If you bought $2,000 of Waterfront Capital shares you are expected to receive $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 Waterfront Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Waterfront 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
OTCPK:WFGC.F 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
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Waterfront Capital has not reported any payouts.
  • Unable to verify if Waterfront Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Waterfront Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Waterfront 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 Waterfront Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Waterfront Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Waterfront 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.

WFGC.F Management

 What is the CEO of Waterfront 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
Doug Mason
COMPENSATION CA$101,375
AGE 70
CEO Bio

Mr. Douglas L. Mason, also known as Doug, has been Chief Executive Officer of Naturally Splendid Enterprises Ltd., since April 11, 2018 and has been its Director since November 2017. He was Interim Chief Executive Officer of Naturally Splendid Enterprises Ltd., since January 1, 2018 until April 11, 2018. Mr. Mason serves as the Chief Executive Officer of Black Panther Mining Corp. Mr. Mason serves as the Chief Executive Officer of Columbia Yukon Explorations Inc. He is the Owner and serves as the President of Criterion Capital Corporation. He has been the Chief Executive Officer of Magnum Goldcorp Inc. since November 8, 2013 and has been its President since June 1, 2016. He serves as the Chief Executive Officer at Waterfront Capital Corp. and has been its President since July 7, 2013. He has been the Chief Executive Officer of Magnum Capital Corp. since November 2013. He has been the Chief Executive Officer at Rainy Mountain Royalty Corp since December 9, 2009 and its President since July 22, 2014. He has been the Chief Executive Officer and President at Intl Bethlehem Mining Corp. (Also known as International Bethlehem Mining Corp.) since June 29, 2012 and July 22, 2014. He served as the President of Black Panther Mining Corp., from July 2014 to June 2015. Mr. Mason has over 25 years of experience in the public markets, having served as a senior officer and director for a number of public companies, including 20 years as President and CEO of well-known beverage companies Jolt Cola and Clearly Canadian Beverage Corporation. He has been credited as one of the pioneers of the New Age Beverage category. Mr. Mason served as the Chief Executive Officer of White Tiger Mining Corp. until July 22, 2014. He served as the Chief Executive Officer of Copper Lake Resources Ltd. from May 9, 2012 to July 22, 2014. He served as the Chief Executive Officer and President of Waterfront Capital Corporation from February 10, 2006 to September 27, 2013. He served as a Secretary of Columbia Yukon Explorations Inc. since February 8, 2006. He served as the President and Chief Executive Officer of Columbia Yukon Explorations Inc. until February 8, 2006. He founded the Clearly Canadian Beverage Corporation in 1986 and served as its Chief Executive Officer since June 2, 1986 and President from June 2, 1986 to October 2005. He served as the Chief Financial Officer of Clearly Canadian Beverage Corporation from 1998 to 2005. He served as the Chief Executive Officer at BC Moly Ltd. until February 8, 2006 and again until July 22, 2014 and also served as its President until February 8, 2006 and Secretary since February 8, 2006. He served as District Manager for one of Canada's leading grocery retail chains. In 1984 and 1985, he was a Principal of a consulting service firm formed to develop financing and marketing plans for a variety of businesses in British Columbia, Texas, Illinois, Japan and Hong Kong. He has had many successful years in the public and private financial arenas. For over 25 years, Mr. Mason has established a reputation for innovation and in his ongoing advisory role continues to focus on the innovative and creative roots Clearly Canadian has been known for. He is an accomplished financier and entrepreneur with extensive experience in financings, structure and acquisitions in capital markets. He has been the Chairman of Columbia Yukon Explorations Inc. since February 8, 2006. He serves as the Chairman of Nick-N-Willys Franchise Company, LLC, Waterfront Capital Corp., Intl Bethlehem Mining Corp. and Rainy Mountain Royalty Corp. He has been the Chairman of Black Panther Mining Corp., since April 20, 2006. He serves as the Chairman of Magnum Goldcorp Inc. and has been its Director since April 4, 2011. He served as the Chairman of White Tiger Mining Corp. until July 22, 2014. He served as the Chairman of World Famous Pizza Company Ltd. until September 2012. He served as the Chairman of Clearly Canadian Beverage Corporation until March 3, 2006. He served as the Chairman of BC Moly Ltd. from February 8, 2006 to July 22, 2014. He served as the Chairman of Copper Lake Resources Ltd. until July 22, 2014 and also served as its Director from June 29, 2007 to July 22, 2014. Mr. Mason has been a Director of Waterfront Capital Corp. since February 10, 2006, Intl Bethlehem Mining Corp. since May 8, 2006, Rainy Mountain Royalty Corp. since October 26, 2009 and Magnum Capital Corp since April 4, 2011. He serves as a Director of Consolidated Venturex Holdings Ltd., Criterion Capital Corporation, Columbia Yukon Resources Ltd. and SWI Steelworks Inc. He was a Member of Advisory Board at Naturally Splendid Enterprises Ltd. since March 23, 2015. He served as a Director of BC Moly Ltd. from November 9, 1994 to July 22, 2014. He served as a Director of NMC Resource Corporation from April 17, 2007 to November 30, 2009. He served as a Director of Columbia Yukon Explorations Inc., since November 9, 1994. He served as a Director of World Famous Pizza Company Ltd from October 15, 2007 to September 2012. He served as a Director of White Tiger Mining Corp. from June 29, 2007 to July 22, 2014. He served as a Director of Brooklyn Ventures Corp., since October 15, 2007, Venture One Capital Corp. from April 17, 2007 to November 30, 2009 and Clearly Canadian Beverage Corporation from June 24, 2002 to March 3, 2006. He serves as a Trustee and past-Chair for the Sports Hall of Fame, a non-profit society dedicated to sport in B.C. and is Vice Chairman of the B.C. Sports Hall of Fame and Museum Foundation. In 1992, Mr. Mason was honored as Vancouvers Financial Entrepreneur of the Year.

CEO Compensation
  • Doug's compensation has increased whilst company is loss making.
  • Doug's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Doug Mason

TITLE
Chairman
COMPENSATION
CA$101K
AGE
70

Sead Hamzagic

TITLE
CFO, Secretary & Director
COMPENSATION
CA$78K
AGE
55
TENURE
11.1 yrs

Stephanie Batcules

TITLE
Vice President of Communications
TENURE
5.1 yrs
Board of Directors Tenure

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

0.3
Average Tenure
55
Average Age
  • The average tenure for the Waterfront Capital board of directors is less than 3 years, this suggests a new board.
Board of Directors

Doug Mason

TITLE
Chairman
COMPENSATION
CA$101K
AGE
70

Sead Hamzagic

TITLE
CFO, Secretary & Director
COMPENSATION
CA$78K
AGE
55
TENURE
11.1 yrs

Brayden Sutton

TITLE
Director
AGE
33
TENURE
0.3 yrs

Joe Bleackley

TITLE
Director
TENURE
0.3 yrs

Corey Larricq

TITLE
Additional Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Waterfront Capital insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Feb 19 Buy Corey Larricq Individual 13. Feb 19 13. Feb 19 10,000 $0.05 $491
21. Jan 19 Buy Corey Larricq Individual 17. Jan 19 18. Jan 19 38,800 $0.05 $2,046
09. Nov 18 Buy Brayden Sutton Individual 08. Nov 18 08. Nov 18 8,500 $0.02 $194
X
Management checks
We assess Waterfront 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. Waterfront 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.

WFGC.F News

Simply Wall St News

WFGC.F Company Info

Description

Waterfront Capital Corporation provides business advisory and capital market services to public and non-public companies. It also offers reporting and financial, and investment assistance services. The company serves as a strategic partner and provides business advisory services in the areas of venture capital markets, investor relations, initial public offerings and secondary financings, mergers and acquisitions, and public market administration, as well as media and marketing advice. Waterfront Capital Corporation was founded in 1987 and is headquartered in West Vancouver, Canada.

Details
Name: Waterfront Capital Corporation
WFGC.F
Exchange: OTCPK
Founded: 1987
CA$2,686,783
44,684,906
Website: http://www.waterfrontcapitalcorp.com
Address: Waterfront Capital Corporation
2489 Bellevue Avenue,
West Vancouver,
British Columbia, V7V 1E1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV WFG.H Common Voting Shares TSX Venture Exchange CA CAD 01. May 1992
OTCPK WFGC.F Common Voting Shares Pink Sheets LLC US USD 01. May 1992
DB W04 Common Voting Shares Deutsche Boerse AG DE EUR 01. May 1992
Number of employees
Current staff
Staff numbers
0
Waterfront Capital employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:28
End of day share price update: 2019/03/01 00:00
Last earnings filing: 2018/11/13
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.