The Westaim Corporation (TSXV:WED)

Canada flag Canada · Delayed Price · Currency is CAD
31.55
+0.14 (0.45%)
Feb 21, 2025, 3:59 PM EST
46.47%
Market Cap 684.84M
Revenue (ttm) 122.54M
Net Income (ttm) 54.20M
Shares Out 21.71M
EPS (ttm) 2.50
PE Ratio 12.61
Forward PE 246.77
Dividend n/a
Ex-Dividend Date n/a
Volume 14,457
Average Volume 21,970
Open 31.50
Previous Close 31.41
Day's Range 31.30 - 31.72
52-Week Range 20.28 - 35.55
Beta 0.32
RSI 51.30
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]

Sector Financials
Founded 1996
Employees 8
Stock Exchange TSX Venture Exchange
Ticker Symbol WED
Full Company Profile

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 numbers in USD Financial Statements

News

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...

17 days ago - Financial Post

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.

17 days ago - Business Wire

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...

6 weeks ago - Financial Post

The Westaim Corporation to Appoint Menes Chee as Independent Director

TORONTO--(BUSINESS WIRE)--Westaim to appoint Menes Chee as independent director.

6 weeks ago - Business Wire

The Westaim Corporation Announces Completion of Arrangement

TORONTO--(BUSINESS WIRE)--Westaim announces completion of Arrangement.

7 weeks ago - Business Wire

The Westaim Corporation Shareholders Overwhelmingly Approve CC Capital Transaction

TORONTO — The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that the shareholders of the Company (the “Shareholders”) voted in favour of all matters related to th...

2 months ago - Financial Post

The Westaim Corporation Shareholders Overwhelmingly Approve CC Capital Transaction

TORONTO--(BUSINESS WIRE)--Westaim shareholders overwhelmingly approve CC Capital transaction.

2 months ago - Business Wire

The Westaim Corporation Reminds Shareholders to Cast their Vote for the Upcoming Special Meeting

TORONTO — The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is reminding shareholders to vote ahead of its upcoming special meeting (the “Meeting”) of shareholders (“Shareholders”) to a...

2 months ago - Financial Post

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.

2 months ago - Business Wire

The Westaim Corporation Appoints Matthew Skurbe as Chief Financial Officer and Chief Risk Officer

TORONTO — The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that Matthew Skurbe will be appointed Chief Financial Officer (“CFO”) and Chief Risk Officer (“CRO”) of Westa...

2 months ago - Financial Post

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.

2 months ago - Business Wire

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...

3 months ago - Newsfile Corp

The Westaim Corporation Announces Amendment to Investment Agreement

TORONTO — The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) announces that it has entered into an agreement (the “Amending Agreement”) amending the investment agreement and certain exhi...

3 months ago - Financial Post

The Westaim Corporation Announces Amendment to Investment Agreement

TORONTO--(BUSINESS WIRE)--Westaim announces amendment to Investment Agreement.

3 months ago - Business Wire

The Westaim reports Q3 results

3 months ago - Seeking Alpha

The Westaim Corporation Reports Q3 2024 Results

Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted. The financial results are reported under International Financial Reporting Standards (“IFRS”), ...

3 months ago - Financial Post

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).

3 months ago - Business Wire

Westaim shares soar after CC Capital agrees to invest $250M

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4 months ago - Seeking Alpha

Westaim Completes Sale of Remaining Interest in Skyward Specialty

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO — The West...

5 months ago - Financial Post

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...

6 months ago - Seeking Alpha

The Westaim GAAP EPS of -$0.13

Analysis of Westaim's Q2 2024 results, including GAAP EPS and Arena FINCOs' portfolio valuation and investment figures.

6 months ago - Seeking Alpha

The Westaim GAAP EPS of -$0.13

Analysis of Westaim's Q2 2024 results, including GAAP EPS and Arena FINCOs' portfolio valuation and investment figures.

6 months ago - Seeking Alpha

The Westaim Corporation Reports Q2 2024 Results

Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted. The financial results are reported under International Financial Reporting Standards (“IFRS”), ...

6 months ago - Financial Post

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).

6 months ago - Business Wire