Wilmington Cap A NV (WCM.A) AI Stock Analysis

• Market Cap: C$30.38M
• Dividend Yield: N/A
• Average Volume (3M): 60.00
• Price to Earnings (P/E): 69.1
• Beta (1Y): -0.42
• Revenue Growth: -58.10%
• EPS Growth: -136.09%
• Country: CA
• Employees: 3
• Sector: Financial
• Sector Strength: 73
• Industry: Asset Management
• EPS (TTM): -0.02
• Shares Outstanding: 11,498,181
• 10 Day Avg. Volume: 70
• 30 Day Avg. Volume: 60
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.50
• Price Target Upside: 3.31% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: C$2.50 ▲(3.31% Upside)

The overall stock score is primarily influenced by mixed financial performance and technical analysis. While the balance sheet is strong, operational challenges and negative cash flows are concerns. Technical indicators suggest bullish momentum but also potential for a pullback. Valuation is unattractive due to negative earnings and lack of dividend yield.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage and high liquidity provides financial stability, enabling the company to withstand economic fluctuations and invest in growth opportunities.

Strategic Investment Monetization

Monetizing investments to unlock value indicates a strategic approach to asset management, potentially improving financial flexibility and focusing on core business operations.

Strong Shareholder Support

Strong shareholder support for board elections reinforces strategic direction and governance, enhancing stakeholder confidence and potentially improving market positioning.

Negative Factors

Declining Revenue Growth

Declining revenue growth poses a challenge to maintaining market competitiveness and could impact the company's ability to invest in future growth initiatives.

Negative Cash Flow

Negative cash flow indicates potential cash management issues, which could limit the company's ability to fund operations and strategic investments, affecting long-term sustainability.

Decreased Profit Margins

Decreased profit margins suggest operational inefficiencies, which could hinder profitability and reduce financial resources available for reinvestment into the business.

Wilmington Cap A NV Business Overview & Revenue Model

Company Description

Wilmington Capital Management Inc. is a private equity firm specializing in special situation investments. The firm prefers to invest in real estate and energy sectors. It owns and operates 38 self-storage facilities with approximately 1.6 million square feet of rentable area in British Columbia, Alberta, Manitoba, and Ontario. In addition, it owns and operates 4 marinas in Ontario, which include approximately 1,700 boat slips and 100 acres of waterfront land. The company was formerly known as Unicorp Inc. and changed its name to Wilmington Capital Management Inc. in March 2002. Wilmington Capital Management Inc. was founded in 1979 and is based in Calgary, Canada with an additional office in Toronto, Canada.

How the Company Makes Money

Wilmington Capital A NV generates revenue through multiple streams primarily derived from its asset management activities. The company's revenue model includes management fees charged to clients based on the assets under management (AUM) and performance fees contingent upon achieving specific investment performance benchmarks. Additionally, WCM.A may earn advisory fees from its investment advisory services and commissions from transactions within its managed portfolios. Significant partnerships with institutional investors and financial intermediaries enhance its market reach and client base, contributing to stable and recurring revenue. The firm's commitment to delivering consistent returns for clients fosters long-term relationships, further solidifying its revenue-generating capabilities.

Wilmington Cap A NV Financial Statement Overview

Summary

Wilmington Capital Management shows a mixed financial performance. The balance sheet is strong with high liquidity and low leverage, but the income statement and cash flow indicate operational and cash management challenges. Declining profitability and negative cash flows need addressing for sustainable growth.

Income Statement

The income statement shows a fluctuating revenue trend with a recent decline from 2023 to 2024. Gross profit margins are consistently high, but the net profit margin has decreased significantly in 2024 due to negative EBIT and EBITDA. Despite past profitability, the recent downturn in EBIT and EBITDA indicates potential operational challenges.

Balance Sheet

The balance sheet is strong with a high equity ratio and low debt-to-equity ratio, indicating financial stability. The company maintains substantial cash reserves, which enhances liquidity. However, the decline in stockholders' equity from 2023 to 2024 suggests a need for improved asset management.

Cash Flow

Cash flow analysis reveals a negative operating cash flow in recent years, which is concerning. The free cash flow has improved slightly in 2024, but remains negative, indicating potential cash management issues. The high investing cash flow in 2024 suggests significant investments, which may impact future cash positions.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.43M	3.68M	3.81M	1.23M	645.00K	2.01M
Gross Profit	732.00K	3.68M	3.81M	1.22M	634.00K	211.00K
EBITDA	-1.49M	-13.00K	3.07M	3.30M	-230.00K	733.00K
Net Income	-1.06M	372.00K	2.29M	2.80M	-461.00K	657.00K
Balance Sheet
Total Assets	36.82M	38.69M	74.17M	70.77M	64.02M	62.26M
Cash, Cash Equivalents and Short-Term Investments	34.54M	36.31M	27.66M	26.01M	36.92M	44.05M
Total Debt	72.00K	90.00K	123.00K	154.00K	164.00K	138.00K
Total Liabilities	769.00K	2.45M	2.87M	2.38M	1.41M	1.06M
Stockholders Equity	36.05M	36.23M	71.30M	68.39M	62.62M	61.20M
Cash Flow
Free Cash Flow	-4.40M	-3.46M	-6.69M	2.02M	763.00K	-1.89M
Operating Cash Flow	-2.49M	-941.00K	-59.00K	268.00K	-77.00K	-2.39M
Investing Cash Flow	30.68M	62.09M	7.08M	1.83M	-909.00K	654.00K
Financing Cash Flow	-35.51M	-35.51M	-360.00K	-19.00K	-145.00K	-280.00K

Wilmington Cap A NV Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WCM.A, the sentiment is Neutral. The current price of 2.42 is below the 20-day moving average (MA) of 2.48, above the 50-day MA of 2.40, and above the 200-day MA of 2.27, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 45.69 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:WCM.A.

Wilmington Cap A NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PWI	69 Neutral	C$31.79M	3.80	32.64%	10.44%	818.69%	―
Sector *	68 Neutral	$17.85B	11.54	9.95%	3.76%	9.70%	1.08%
WCM.A	55 Neutral	C$30.38M	69.13	-3.31%	―	-58.10%	-136.09%
ASXSF	―	$8.57M	3.26	27.26%	―	―	―
GPK	47 Neutral	C$12.68M	156.25	-5.53%	―	-35.59%	88.78%
EWG	―	C$26.65M	―		―	―	―
BNK	54 Neutral	C$22.21M	3.65	46.99%	8.69%	126.51%	10525.53%

Wilmington Cap A NV Corporate Events

Wilmington Capital Management Reports 2025 Financial Results and Strategic Updates

Wilmington Capital Management Inc. reported a net loss for the second quarter and year-to-date 2025, compared to a net income in the same period of 2024. The company has been monetizing investments to unlock value and simplify its business, holding $34 million in cash and an 18% stake in a redevelopment project in Ontario. Wilmington is exploring options to provide liquidity to shareholders and enhance the value of its public platform.

Wilmington Capital Management Announces Successful Board Elections

Wilmington Capital Management Inc. held its Annual Meeting of Shareholders in Calgary, Alberta, where all nominees proposed for election to the board of directors were successfully elected. The election results showed overwhelming support for the nominees, with Class A shareholders voting 99.94% in favor and Class B shareholders voting 100% in favor. This strong backing from shareholders may reinforce Wilmington’s strategic direction and governance structure, potentially impacting its market positioning and stakeholder confidence.