Added to YB: 2025-01-21
Pitch date: 2025-01-19
XAU.TO [bullish]
Goldmoney Inc.
+31.62%
current return
Author Info
No bio for this author
Company Info
Goldmoney Inc., through its subsidiaries, provides precious metals trading services worldwide. The company operates through two segments: Goldmoney.
Market Cap
CAD 106.9M
Pitch Price
CAD 7.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
58.11
P/E
-4.39
EV/Sales
1.65
Sector
Specialty Retail
Category
value
Todays Hurdle Rate: Goldmoney Inc.
XAU.TO: Goldmoney.com generates $10-12M annual pre-tax cash flow from precious metals custody. AUM up 45% in 5 years despite shrinking ounces. $100M valuation. Cash redeployed into UK real estate at 8.3% unlevered yield, 14-year leases. Properties to produce ~$9M income by 2025. Trading at 5x cash flow. 32% insider ownership, recent buybacks.
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