Sector: Real Estate | Industry: Real Estate Services |
Company Contact | |
Address: | 33 Yonge Street, Suite 500 TORONTO ON M5E 1G4 |
Tel: | N/A |
Website: | https://www.altusgroup.com |
IR: | See website |
Key People | ||
James V. Hannon Chief Executive Officer, Director | Pawan Chhabra Chief Financial Officer | Alexander Probyn President, Global Property Tax |
Kim Carter Chief People Officer | David Ross Chief Technology Officer | Ernest Clark Chief Marketing Officer |
Jorge Blanco Chief Commercial Officer | Terrie-lynne Devonish Chief Legal Officer and Corporate Secretary |
Business Overview |
Altus Group Limited is a Canada-based provider of asset and fund intelligence for commercial real estate. The Company delivers intelligence as a service to its global client base through a connected platform of technology, advanced analytics, and advisory services. It helps commercial real estate investors, developers, proprietors, lenders, and advisors manage risks and improve performance returns throughout the asset and fund lifecycle. The Company conducts its business through two business units: Analytics and Commercial Real Estate Consulting. Its segments include Analytics, Property Tax and Appraisals and Development Advisory. Its Analytics portfolio includes software, data analytics and advisory solutions. Its Property Tax portfolio includes expert services and technology for property tax management. Its Appraisals and Development Advisory portfolio includes expert services in the areas of commercial property valuation appraisals and commercial development advisory. |
Financial Overview |
For the fiscal year ended 31 December 2023, Altus Group Ltd revenues increased 5% to C$772.8M. Net income totaled C$10.2M vs. loss of C$886K. Revenues reflect Altus Analytics segment increase of 14% to C$392.3M, United States segment increase of 16% to C$379.9M, Rest of EMEA segment increase of 69% to C$26.7M. Net Income reflects Restructuring costs (recovery) - Balanci decrease of 97% to C$953K (expense). |
Employees: | 2,458 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2,679M as of Dec 31, 2023 |
Annual revenue (TTM): | $772.84M as of Dec 31, 2023 |
EBITDA (TTM): | $127.15M as of Dec 31, 2023 |
Net annual income (TTM): | $10.23M as of Dec 31, 2023 |
Free cash flow (TTM): | $32.36M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $313.66M as of Dec 31, 2023 |
Shares outstanding: | 46,104,317 as of Apr 5, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |