Sector: Technology | Industry: Miscellaneous Fintech Infrastructure |
Company Contact | |
Address: | Suite 450, 11150 Jasper Avenue EDMONTON AB T5K 0C7 |
Tel: | N/A |
Website: | https://everydaypeoplefinancial.com |
IR: | See website |
Key People | ||
Gordon J. Reykdal Executive Chairman of the Board | Barret Reykdal Chief Executive Officer, Co-Founder, Director | Mayank Mahajan Chief Financial Officer | Graham Rankin President of BPO |
Business Overview |
Everyday People Financial Corp is a Canada-based financial services company. Through its technology-driven ecosystem and specialty credit solutions, the Company manages credit and prepaid card programs, homeownership facilitation, and payment management services. The Company operates through four segments: Financial services, EP Homes facilitation services, Collection services, and Contract receivable services. The Financial services segment issues secured / prepaid credit cards. The EP Homes facilitation services segment acquires homes and offers eligible clients the ability to purchase a home through a structured lease and dedicated down payment accumulation program. The Collection services segment provides debt collection services for corporations that have past due and default accounts. The Contract receivable services segment acquires residential and commercial security contracts between the consumer and the alarm companies at a certain discount. |
Financial Overview |
For the fiscal year ended 31 December 2023, Everyday People Financial Corp revenues increased 69% to C$37.9M. Net loss decreased 96% to C$2M. Revenues reflect Collection Services segment increase of 83% to C$31.8M, EP Homes Facilitation Services segment increase of 34% to C$5.9M, Canada segment increase from C$5M to C$20.3M, United Kingdom segment increase of 1% to C$17.6M. |
Employees: | 450 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $65.16M as of Dec 31, 2023 |
Annual revenue (TTM): | $37.89M as of Dec 31, 2023 |
EBITDA (TTM): | -$2.71M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.95M as of Dec 31, 2023 |
Free cash flow (TTM): | -$5.48M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $19.09M as of Dec 31, 2023 |
Shares outstanding: | 115,246,539 as of Feb 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |