Savvy Trades and Investments

[betthe4horse]

SSK: Grenville Strategic Royalty Corp. (GRC.V)

Anyone (SSK?) taken a look at this one?


Grenville Strategic Royalty Corp. provides royalty-based finance solutions by acquiring revenue streams generated by growing industrial and technology businesses. The company was incorporated in 2013 and is headquartered in Vancouver, Canada.

http://finance.yahoo.com/q?s=grc.v&ql=1

http://finance.yahoo.com/news/grenville-strategic-royalty-corp-announces-212149994.html

Fourth Quarter 2014 Highlights

Revenues of $1,535,246 and $2,944,791 for the three-months ended December 31, 2014 (Q4 2014) and twelve-month period ended December 31, 2014 (FY 2014), respectively
Income (loss) after taxes was $(80,461) in Q4 2014 and $(3,457,760) in FY 2014, including non-recurring costs of $3,636,197 directly attributable to the Company's going public transaction
Adjusted EBITDA1 (loss) of $(61,451) in Q4 2014 and $490,357 in FY 2014
Excluding the writedown of $1,000,000, Adjusted EBITDA was $938,549 in Q4 2014 and $1,490,537 in FY 2014
Free Cash Flow1 of $1,217,417 in Q4 2014 and $936,690 in FY 2014
Royalty agreements acquired were $4.5 million for Q4 2014, bringing the aggregate value of acquired royalties since inception to the end of Q4 2014 to $24.6 million
Average royalty payment per million invested1 was $247,118 for the month of December (Annualized)




The Company is also pleased to announce that its board of directors has approved a cash dividend of $0.00416 per share for the period of February 1, 2015 to February 28, 2015, which is equal to $0.05 per share on an annualized basis. The dividend will be paid on March 16, 2015 to shareholders of record at the close of business on February 27, 2015.