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Advent-AWI Holdings Inc. (V:AWI)

Business Focus: Communications & Networking (NEC)

Sector:  Technology Industry:  Communications & Networking
 
Company Contact
Address: Unit 719 - 550 West Broadway
VANCOUVER BC V5Z 0E9
Tel: N/A
Website: N/A
IR: N/A
Key People
Alice Man Yee Chiu
President, Chief Executive Officer, Director
Edgar Pang
Chief Financial Officer, Secretary, Director
Pak Ying Pak Ying Mak
Chief Financial Officer - Advent TeleMedicare
Gen Wong
Chief Operations Officer, Director
Queeny Leung
General Manager of Am-Call
 
Business Overview
Advent-AWI Holdings Inc. is a Canada-based company, which sells cellular and wireless products, services and accessories through an independent network of four stores in Ontario, Canada. The Company operates through two segments: Wireless Business and Financing Business. The Wireless Business segment sells cellular and wireless products, services and accessories through an independent network of stores in Ontario. The Financing Business segment operates as a private company offering personal and collateral loans across the Greater Vancouver Area. It provides telecommunications products and services to consumers in Canada (Wireless Business) and lends money to individuals and companies (Financing Business). The Company's wholly owned subsidiaries include Am-Call Wireless Inc., 1013929 B.C. Ltd and Advent Marketing Inc.
Financial Overview
For the fiscal year ended 31 December 2023, Advent-AWI Holdings Inc revenues increased 4% to C$5.7M. Net income before extraordinary items decreased 51% to C$134K. Revenues reflect Financing segment increase of 35% to C$961K. Net income was offset by Salary And Payroll Costs increase of 15% to C$2M (expense), G & A - Balancing increase of 42% to C$830K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $5.69M as of Dec 31, 2023
EBITDA (TTM): -$0.07M as of Dec 31, 2023
Net annual income (TTM): $0.13M as of Dec 31, 2023
Free cash flow (TTM): -$1.09M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 11,935,513 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization