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ECN Capital Corp

Financial Services CA ECN

3.06CAD
-(-%)

Last update at 2026-03-10T20:00:00Z

Day Range

3.053.06
LowHigh

52 Week Range

2.363.45
LowHigh

Fundamentals

  • Previous Close 3.06
  • Market Cap856.47M
  • Volume162788
  • P/E Ratio50.67
  • Dividend Yield0.89%
  • Revenue TTM200.09M
  • Revenue Per Share TTM0.71
  • Gross Profit TTM 200.09M
  • Diluted EPS TTM0.06

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax 16.08M -101.65000M 17.26M 5.51M 22.47M
Minority interest -0.00600M 0.00000M - - -
Net income 7.62M -106.77700M 6.72M 4.97M 15.82M
Selling general administrative 55.96M 58.50M 53.70M 80.78M 81.90M
Selling and marketing expenses - - - - -
Gross profit 88.15M 17.12M 90.81M 120.77M 167.44M
Reconciled depreciation 17.14M 14.82M 12.94M 27.55M 36.66M
Ebit 15.05M -56.20400M 31.08M 19.38M 75.28M
Ebitda 32.19M -41.37900M 44.03M 46.92M 111.94M
Depreciation and amortization 17.14M 14.82M 12.94M 27.55M 36.66M
Non operating income net other - - - - -
Operating income 15.05M -56.20400M 31.08M 19.38M 75.28M
Other operating expenses 205.71M 215.52M 172.50M 202.92M 217.84M
Interest expense 59.58M 79.29M 4.65M 964.83M 22.84M
Tax provision 8.45M 5.13M 10.54M 0.55M 6.65M
Interest income - - - - -
Net interest income - - - - -22.84000M
Extraordinary items - 0.00000M 9.17M 964.83M -29.36500M
Non recurring - - - - -
Other items - - - - -
Income tax expense 8.45M 5.13M 10.54M 0.55M 6.65M
Total revenue 220.76M 159.32M 196.67M 215.37M 266.72M
Total operating expenses 73.10M 73.32M 66.64M 108.32M 118.56M
Cost of revenue 132.60M 142.20M 105.86M 94.60M 99.28M
Total other income expense net 1.03M -45.44600M -13.82400M -13.86200M -52.80600M
Discontinued operations - - 9.17M 964.83M -29.36500M
Net income from continuing ops 7.63M -106.77700M 6.72M 4.97M 15.82M
Net income applicable to common shares -0.08800M -112.90100M 10.86M 954.96M -22.93000M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 937.15M 1284.83M 1416.33M 1146.12M 1706.20M
Intangible assets 123.41M 105.05M 104.48M 138.42M 257.93M
Earning assets - - - - -
Other current assets - - - -13.16000M 145.09M
Total liab 726.25M 1075.35M 1222.66M 927.49M 883.64M
Total stockholder equity 207.48M 209.49M 193.68M 218.63M 822.56M
Deferred long term liab - - - - -
Other current liab - 29.35M 37.12M 383.04M -813.85000M
Common stock - 656.91M 586.23M 590.50M 608.71M
Capital stock 782.53M 780.92M 653.28M 657.55M 747.85M
Retained earnings -633.06800M -624.83600M -504.31900M -507.67100M -16.05600M
Other liab - - - 119.95M 191.05M
Good will 127.92M 126.84M 125.45M 230.17M 422.35M
Other assets - - 19.62M 7.95M 254.02M
Cash 15.46M 23.24M 12.71M 45.04M 37.98M
Cash and equivalents - - - - -
Total current liabilities 50.61M 57.43M 78.34M 513.76M 151.95M
Current deferred revenue - - 1.52M 44.11M 44.70M
Net debt 561.08M 894.46M 995.28M 229.56M 493.81M
Short term debt - - 0.00000M 0.00000M 462.08M
Short long term debt - - - - 462.08M
Short long term debt total - 917.70M 1008.00M 274.60M 531.79M
Other stockholder equity - 81.95M 79.01M 77.64M 215.92M
Property plant equipment - - 69.18M 62.22M 18.89M
Total current assets 560.54M 931.54M 1017.22M 531.77M 725.18M
Long term investments 4.42M 11.10M 11.71M 19.71M 46.81M
Net tangible assets - - - -217.01500M 3.13M
Short term investments - - - 44.69M 150.25M
Net receivables 100.58M 768.03M 987.86M 455.20M 542.11M
Long term debt 576.54M 900.60M 1008.00M 274.60M 55.11M
Inventory - - 0.00000M 44.69M 0.00000M
Accounts payable 11.01M 28.08M 39.70M 86.62M 52.10M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -28.54800M -34.29800M -8.89500M -17.19400M
Additional paid in capital - - - - -
Common stock total equity - - - - 608.71M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 86.26M 82.17M 71.25M 116.97M 174.59M
Deferred long term asset charges - - - - -
Non current assets total 376.62M 353.30M 399.11M 606.40M 981.03M
Capital lease obligations 14.40M 17.10M - - 14.60M
Long term debt total - - 1026.60M 294.20M 531.79M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments 147.75M 43.38M 116.25M -79.83200M -3.18500M
Change to liabilities - - 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities 147.75M 43.38M 116.28M -79.83200M -3.18500M
Net borrowings -316.70500M -118.72300M 740.38M -237.66800M 82.89M
Total cash from financing activities -334.89000M -6.79400M 721.07M -1834.32100M 35.14M
Change to operating activities - - -621.14700M 69.68M -163.16400M
Net income 7.63M -106.77700M 6.72M 4.97M 15.82M
Change in cash -6.28100M 10.56M -31.94700M -2.16200M -13.74300M
Begin period cash flow 23.27M 12.71M 47.24M 47.20M 51.72M
End period cash flow 16.99M 23.27M 15.29M 45.04M 37.98M
Total cash from operating activities 180.86M -26.03300M -869.26700M 139.73M -77.61000M
Issuance of capital stock 1.61M 127.64M 5.60M 6.50M -
Depreciation 17.14M 14.82M 12.94M 27.55M 36.66M
Other cashflows from investing activities 2.12M 65.29M 142.83M 17.23M -9.02100M
Dividends paid -15.85700M -13.74000M 12.54M 1456.20M 31.99M
Change to inventory - - - - -
Change to account receivables 218.73M 69.09M -105.84700M - -
Sale purchase of stock 1.61M 127.64M -9.87000M -102.38400M -16.87800M
Other cashflows from financing activities -3.94100M 54.99M 740.20M 71.54M 86.84M
Change to netincome - - 11.10M 841.11M 91.64M
Capital expenditures 1.14M 19.41M 42.93M 7.97M 2.66M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 136.16M 41.11M -914.77000M 69.68M -163.16400M
Stock based compensation 13.28M 16.23M 12.19M 29.86M 21.56M
Other non cash items 6.64M 8.58M 13.65M 7.67M 11.51M
Free cash flow 179.73M -45.44000M -912.19700M 131.76M -80.27400M

Peer Comparison

Sector: Financial Services Industry: Mortgage Finance

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ECN
ECN Capital Corp
- -% 3.06 50.67 9.71 4.28 7.29 5.57 27.38
MKP
MCAN Mortgage Corporation
0.19 0.81% 23.72 13.85 10.66 7.34 1.45 7.24 3.47
DLCG
Dominion Lending Centres Inc
-0.19 2.24% 8.31 - 19.68 7.67 5.34 8.27 15.27
TF
Timbercreek Financial Corp
-0.05 0.75% 6.63 15.39 10.80 10.18 0.87 6.57 20.92
AI
Atrium Mortgage Investment Corp
0.01 0.09% 11.57 11.19 11.45 9.16 1.06 11.89

Reports Covered

Stock Research & News

Profile

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as floorplan and rental loans. It serves banks, credit unions, life insurance companies, and pension and investment funds. The company was incorporated in 2016 and is headquartered in Toronto, Canada.

ECN Capital Corp

199 Bay Street, Toronto, ON, Canada, M5L 1A9

Key Executives

Name Title Year Born
Mr. Steven K. Hudson B.B.A., FCA, FCPA CEO & Exec. Director 1959
Mr. Michael Lepore Chief Financial Officer NA
Mr. Matthew Heidelberg Chief Operating Officer of Triad Financial Services NA
Mr. Michael A. Tolbert Pres of Triad Financial Services NA
Mr. John B. Wimsatt Chief Investment Officer NA
Ms. Mary Beth Koenig Sr. VP, Chief Legal Officer, Gen. Counsel & Corp. Sec. NA
Mr. Steve A. Grosso Chief Operating Officer of US NA
Mr. Algis Vaitonis Chief Credit Officer NA
Mr. Matt Nelson Pres & CEO NA
Mr. Hans Kraaz CEO - Intercoastal Financial Group LLC. NA

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