The Westaim Corporation (WEDXF)
| Market Cap | 482.09M |
| Revenue (ttm) | 90.71M |
| Net Income (ttm) | 40.12M |
| Shares Out | n/a |
| EPS (ttm) | 1.85 |
| PE Ratio | 12.02 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,153 |
| Average Volume | 10,828 |
| Open | 22.36 |
| Previous Close | 22.15 |
| Day's Range | 22.10 - 22.36 |
| 52-Week Range | 15.30 - 25.98 |
| Beta | 0.32 |
| RSI | 51.77 |
| Earnings Date | n/a |
About The Westaim Corporation
The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long t... [Read more]
Financial Performance
In 2023, The Westaim Corporation's revenue was $212.79 million, an increase of 675.54% compared to the previous year's $27.44 million. Earnings were $183.98 million, an increase of 924.34%.
Financial StatementsNews
The Westaim Corporation Announces Completion of Acquisition of ManhattanLife of America Insurance Company
TORONTO — The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that, in connection with its previously announced transaction with CC Capital Partners, LLC (the “Tran...
The Westaim Corporation Announces Completion of Acquisition of ManhattanLife of America Insurance Company
TORONTO--(BUSINESS WIRE)--Westaim announces completion of acquisition of ManhattanLife of America Insurance Company.
Westaim: Transforming Into A Potential Long-Term Compounding Machine
The Westaim Corporation to Appoint Menes Chee as Independent Director
TORONTO — The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces that it will appoint Menes O. Chee to its Board of Directors (the “Board”) as an independent, non-executive d...
The Westaim Corporation to Appoint Menes Chee as Independent Director
TORONTO--(BUSINESS WIRE)--Westaim to appoint Menes Chee as independent director.
The Westaim Corporation Announces Completion of Arrangement
TORONTO--(BUSINESS WIRE)--Westaim announces completion of Arrangement.
The Westaim Corporation Shareholders Overwhelmingly Approve CC Capital Transaction
TORONTO--(BUSINESS WIRE)--Westaim shareholders overwhelmingly approve CC Capital transaction.
The Westaim Corporation Reminds Shareholders to Cast their Vote for the Upcoming Special Meeting
TORONTO--(BUSINESS WIRE)--The Westaim Corporation Reminds Shareholders to Cast their Vote for the Upcoming Special Meeting.
The Westaim Corporation Appoints Matthew Skurbe as Chief Financial Officer and Chief Risk Officer
TORONTO--(BUSINESS WIRE)--The Westaim Corporation Appoints Matthew Skurbe as Chief Financial Officer and Chief Risk Officer.
The Westaim Corporation Files Management Information Circular for Special Shareholders Meeting and Encourages Shareholders to Access Meeting Materials Online
Shareholders may face significant delays in receiving physical meeting materials due to Canada Post labour disruption For questions or assistance with voting, call Kingsdale Advisors at 1-866-581-1489...
The Westaim Corporation Announces Amendment to Investment Agreement
TORONTO--(BUSINESS WIRE)--Westaim announces amendment to Investment Agreement.
The Westaim Corporation Reports Q3 2024 Results
TORONTO--(BUSINESS WIRE)--Westaim had a net loss of $1.1 million ($0.01 diluted loss per share) for Q3 2024; YTD net profit of $5.1 million ($0.04 diluted EPS).
Westaim Corporation: A Bargain In The Asset Management World
Westaim Corporation trades at a 30% discount to its sum of parts, with downside risk protected by a substantial cash position. The company holds a 51% stake in Arena Investors, a growing alternative f...
The Westaim Corporation Reports Q2 2024 Results
TORONTO--(BUSINESS WIRE)--Westaim announces a Q2 2024 net loss of $17.1m ($0.13 diluted loss per share) and YTD Q2 2024 net profit of $6.2m ($0.05 diluted earnings per share).
Westaim Corporation: Still Undervalued Based On NAV
Westaim Corporation trades at a discount to NAV with consistent book value growth, yet shares have only risen 3% YTD. The company specializes in long-term capital for financial services, with successf...
The Westaim Corporation Reports Q1 2024 Results
TORONTO--(BUSINESS WIRE)--Westaim records a net profit of $23.3 million ($0.17 diluted earnings per share) for Q1 2024.
The Westaim Corporation Reports Q4 and Full Year 2023 Results
TORONTO--(BUSINESS WIRE)--Westaim recorded a FY 2023 net profit of $183.9 million ($1.32 diluted earnings per share).
The Westaim Corporation Recognized on the TSX Venture 50 List
TORONTO--(BUSINESS WIRE)--Westaim recognized on the TSX Venture 50 List.
Why I'm Still Bullish On The Westaim Corporation Stock
Westaim is a Canadian small-cap investment holding company that provides long-term capital to businesses in the global financial services sector. The company's recent financials show robust performanc...
The Westaim Corporation Reports Q3 2023 Results
TORONTO--(BUSINESS WIRE)--Westaim (TSXV: WED) records a net profit of $23.0 million ($0.16 diluted earnings per share) for Q3 2023.
The Westaim Corporation: A Hidden Small-Cap Cheaply Priced Gem
The Westaim Corporation is a private equity firm based in Toronto, specializing in various types of investments in the global financial services industry. They acquire controlling interests in busines...
The Westaim Corporation Announces Appointment of Independent Director
TORONTO--(BUSINESS WIRE)--Westaim announces appointment of Michael Siegel as an independent director.
The Westaim Corporation Announces Renewal of Normal Course Issuer Bid
TORONTO--(BUSINESS WIRE)--Westaim announces renewal of NCIB and update on expiring NCIB.
The Westaim Corporation Reports Q2 2023 Results
TORONTO--(BUSINESS WIRE)--Westaim (TSXV: WED) records a net profit of $31.3 million ($0.22 diluted earnings per share) for Q2 2023.
The Westaim Corporation Reports Q1 2023 Results
TORONTO--(BUSINESS WIRE)--Westaim recorded a net profit of $94.5 million ($0.66 diluted EPS) for Q1 2023 compared to $3.5 million ($0.02 diluted EPS) for Q1 2022.