Latest news with #RobertGoodall
Yahoo
4 days ago
- Business
- Yahoo
Atrium Mortgage Investment Corporation Announces Change in Finance Department Leadership
Toronto, Ontario--(Newsfile Corp. - July 18, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) announces the resignation of Gigi Wong as CFO of the company. We are pleased to announce that Jeffrey D. Sherman is rejoining Atrium as Interim Chief Financial Officer effective July 21, 2025. He was previously chief financial officer of Atrium from 2012 to 2017 where he helped transition the company to a listing on the TSX, and helped manage its growth. He has also been CFO of several other public companies including Sun Residential REIT (TSXV), Pure Nickel Inc. (TSX), and has been a director and chair of the audit committee at Acerus Pharmaceuticals Corporation (TSX), and Cleanfield Alternative Energy (TSXV). During his career, Mr. Sherman has also been a course director and course author for many organizations including provincial associations of chartered professional accountants across Canada and was an adjunct professor at York University. Mr. Sherman has a from Rotman Commerce (University of Toronto), an M.B.A. from the Schulich School of Business (York University) and is an FCPA, FCA (Ontario). Robert Goodall, CEO of Atrium, stated, "I would like to thank Jeffrey for assuming the role of Interim CFO while a thorough search is undertaken and a replacement is appointed. We worked closely for 5 years from 2012 to 2017 and I have the utmost respect for Jeffrey's knowledge and experience." About Atrium Canada's Premier Non-Bank Lender™ Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters. Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to regulatory filings available at or Atrium's website at For further information, please contact Robert G. GoodallChief Executive Officer (416) 867-1053info@ THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. To view the source version of this press release, please visit
Yahoo
27-05-2025
- Business
- Yahoo
Exploring 3 Undervalued Small Caps In Global With Insider Activity
In recent weeks, global markets have experienced volatility, with small- and mid-cap indexes facing significant declines amid U.S. Treasury market fluctuations and renewed tariff threats from the Trump administration. Despite these challenges, U.S. business activity showed signs of improvement in May, as indicated by rising Purchasing Managers' Index readings in both the services and manufacturing sectors. In this environment, identifying small-cap stocks with potential value often involves looking at companies with strong fundamentals that can weather economic uncertainties and benefit from insider activity signaling confidence in their future prospects. Name PE PS Discount to Fair Value Value Rating Nexus Industrial REIT 6.4x 2.8x 20.54% ★★★★★☆ Lion Rock Group 4.9x 0.4x 49.53% ★★★★☆☆ AKVA group 15.5x 0.7x 46.73% ★★★★☆☆ Sing Investments & Finance 7.2x 3.7x 40.22% ★★★★☆☆ Morguard North American Residential Real Estate Investment Trust 5.5x 1.8x 9.92% ★★★★☆☆ Eastnine 18.5x 8.9x 39.16% ★★★★☆☆ Cloetta 16.0x 1.2x 44.11% ★★★☆☆☆ Absolent Air Care Group 23.1x 1.8x 47.79% ★★★☆☆☆ Italmobiliare 11.8x 1.6x -215.06% ★★★☆☆☆ Saturn Oil & Gas 2.3x 0.4x -41.79% ★★★☆☆☆ Click here to see the full list of 180 stocks from our Undervalued Global Small Caps With Insider Buying screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Value Rating: ★★★★☆☆ Overview: Atrium Mortgage Investment operates in the financial services sector, primarily focusing on mortgage lending, with a market capitalization of CA$0.48 billion. Operations: The company's revenue primarily stems from its financial services in the mortgage sector, with a recent figure of CA$58.07 million. Over the analyzed periods, the gross profit margin has shown variations, reaching 87.02% in June 2023 before adjusting to 85.09% by March 2025. Operating expenses have fluctuated around CA$1-2 million, impacting overall profitability but remaining within a manageable range relative to gross profits. PE: 11.0x Atrium Mortgage Investment, a smaller player in the market, recently reported Q1 2025 earnings with revenue of C$21.96 million and net income of C$11.9 million, slightly down from the previous year. Despite facing high debt levels and relying on external borrowing, insider confidence is evident as Robert Goodall acquired 21,850 shares for approximately C$250K in March 2025. The company consistently pays monthly dividends of C$0.0775 per share, reinforcing its commitment to returning value to shareholders amidst modest growth forecasts and executive changes. Click here to discover the nuances of Atrium Mortgage Investment with our detailed analytical valuation report. Understand Atrium Mortgage Investment's track record by examining our Past report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Morguard North American Residential Real Estate Investment Trust operates in the multi-suite residential real estate sector, focusing on acquiring and managing properties across North America, with a market capitalization of approximately CA$1.06 billion. Operations: Morguard North American Residential Real Estate Investment Trust generates revenue primarily from its multi-suite residential real estate segment, with the most recent reported revenue at CA$354.87 million. The company's cost of goods sold (COGS) is CA$168.05 million, resulting in a gross profit of CA$186.82 million and a gross profit margin of 52.64%. Operating expenses are recorded at CA$22.50 million, while non-operating expenses stand at CA$50.12 million, impacting net income figures significantly over various periods. PE: 5.5x Morguard North American Residential Real Estate Investment Trust, a smaller player in the real estate sector, has shown insider confidence with recent share purchases. From January 1 to January 11, 2025, they repurchased 584,992 shares for CAD 10.14 million. In Q1 2025, sales rose to CAD 90.27 million from CAD 84.76 million the previous year; net income increased to CAD 38.07 million from CAD 25.73 million despite lower profit margins and reliance on external borrowing for funding needs. Take a closer look at Morguard North American Residential Real Estate Investment Trust's potential here in our valuation report. Evaluate Morguard North American Residential Real Estate Investment Trust's historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Plaza Retail REIT focuses on owning, developing, and managing retail real estate properties across Canada, with a market capitalization of approximately CA$0.44 billion. Operations: Plaza Retail REIT generates revenue primarily through its leasing operations, with a recent quarterly revenue of CA$126.11 million. The company's cost structure includes the cost of goods sold (COGS) and operating expenses, which were CA$47.54 million and CA$12.29 million respectively in the latest quarter, impacting its net income margin which was 19.78%. Over time, Plaza Retail REIT's gross profit margin has shown variability, with a recent figure of 62.31%. PE: 17.0x Plaza Retail REIT, a smaller player in the market, shows potential for value-focused investors. They recently reported Q1 2025 sales of C$31.14 million, up from C$29.57 million the previous year, though net income slightly dipped to C$9.3 million from C$9.4 million. Insider confidence is evident with an independent director purchasing 18,370 shares worth approximately C$69,806 in April 2025, increasing their holdings by nearly 27%. However, reliance on external borrowing poses risks despite consistent monthly distributions of $0.02333 per unit (C$0.28 annualized). Dive into the specifics of Plaza Retail REIT here with our thorough valuation report. Learn about Plaza Retail REIT's historical performance. Gain an insight into the universe of 180 Undervalued Global Small Caps With Insider Buying by clicking here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:AI TSX: and TSX: Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
