CatchMark Timber Trust

CatchMark (NYSE: CTT) provides institutions and individuals a unique opportunity to invest in a public company focused exclusively on the management of high quality timberlands with an objective of producing durable shareholder returns from recurring income, select acquisitions, and opportunistic land sales. We seek to drive performance through a focus on higher quality assets in select mill markets. We look to deliver recurring dividends from sustainable harvests on prime timberlands and opportunistic land sales, taking advantage of the current housing recovery. Our advanced forest management technology provides for predictable growth rates and harvest yields over an extended period, allowing for optimum long-term harvest planning. We proactively adjust harvest activities in response to market conditions, accelerating harvest volumes to capitalize on strong product pricing or allowing trees to continue to grow and appreciate in value. We target the acquisition of highly-productive and well-located timberlands in high demand fiber basket markets through disciplined capital allocations, focusing on the high-demand U.S. South in addition to other prime U.S. timber regions. We grow stable and predictable cash flows and enhance net asset value (NAV) through active forest management and concerted environmental stewardship–our timberlands are audited and certified as a sustainable forest by the Sustainable Forestry Initiative®. We continually assess potential alternative uses for timberland tracts that may prove more valuable for development, conservation, or recreation.
Company Growth (employees)
Type
Public
HQ
Atlanta, US
Size (employees)
17 (est)
CatchMark Timber Trust is headquartered in Atlanta, US

CatchMark Timber Trust Office Locations

CatchMark Timber Trust has an office in Atlanta
Atlanta, US (HQ)
2325 The Queen Building 5 Concourse Pkwy NE

CatchMark Timber Trust Data and Metrics

CatchMark Timber Trust Financial Metrics

CatchMark Timber Trust's revenue was reported to be $23.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

23.1 m

Gross profit (Q1, 2017)

567 k

Gross profit margin (Q1, 2017), %

2%

Net income (Q1, 2017)

(2 m)

EBIT (Q1, 2017)

567 k

Market capitalization (15-Aug-2017)

438.1 m

Cash (31-Mar-2017)

7.7 m
CatchMark Timber Trust's current market capitalization is $438.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

32 m54.3 m69.1 m81.9 m

Revenue growth, %

69%27%18%

Cost of goods sold

40.6 m51.2 m73.9 m86.3 m

Gross profit

(8.6 m)3.1 m(4.8 m)(4.4 m)

Gross profit Margin, %

(27%)6%(7%)(5%)

General and administrative expense

9.3 m

Operating expense total

40.6 m51.2 m73.9 m9.3 m

EBIT

(8.6 m)3.1 m(4.8 m)(4.4 m)

EBIT margin, %

(27%)6%(7%)(5%)

Interest expense

4.7 m2.6 m3.6 m6.7 m

Interest income

3.2 k177.4 k6 k44 k

Net Income

(13.2 m)659.5 k(8.4 m)(11.1 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

11.9 m12.7 m20.2 m14.2 m17.6 m27.2 m16 m18.3 m23.1 m

Cost of goods sold

11.5 m12.9 m20.3 m15.7 m18.7 m26.5 m17.2 m19.3 m22.6 m

Gross profit

433.2 k(276.2 k)(14 k)(1.5 m)(1.1 m)670 k(1.2 m)(1 m)567 k

Gross profit Margin, %

4%(2%)(0%)(10%)(6%)2%(8%)(6%)2%

General and administrative expense

1.1 m1.4 m1.7 m1.9 m1.7 m2 m2.3 m2.2 m2.5 m

Operating expense total

1.1 m1.4 m1.7 m1.9 m1.7 m2 m2.3 m2.2 m2.5 m

EBIT

433.2 k(276.2 k)(14 k)(1.5 m)(1.1 m)670 k(1.2 m)(1 m)567 k

EBIT margin, %

4%(2%)(0%)(10%)(6%)2%(8%)(6%)2%

Interest expense

(783.7 k)(662.1 k)(803 k)(853 k)(876 k)(1.3 m)(1.4 m)(1.9 m)(2.6 m)

Interest income

1.2 k175.2 k2 k1 k11 k12 k12 k11 k

Net Income

(737.5 k)(1.5 m)(817 k)(3.1 m)(5.1 m)(587 k)(3.2 m)(6.1 m)(2 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

8.6 m17.4 m8 m9.1 m

Accounts Receivable

593.5 k798 k2.6 m3.9 m

Total Assets

339 m568.3 m599.1 m709.8 m

Accounts Payable

3.1 m2.4 m3.3 m4.4 m

Total Liabilities

328.8 m

Additional Paid-in Capital

432.1 m612.5 m607.4 m605.7 m

Total Equity

411 m381.1 m

Financial Leverage

1.5 x1.9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

8.4 m46 m20.5 m14.2 m11.4 m14.3 m15.6 m13.8 m7.7 m

Accounts Receivable

1.7 m767.6 k1.4 m2.2 m2.2 m2.2 m2.7 m3.8 m2.4 m

Total Assets

420.2 m456.3 m576.5 m577.3 m566.5 m603.2 m700.7 m692.2 m701.1 m

Accounts Payable

6.6 m3.3 m3 m2.8 m3.7 m3.4 m4.4 m5 m4.3 m

Additional Paid-in Capital

451.9 m612.4 m612.7 m612.9 m608.6 m605 m605.3 m605.7 m604.9 m

Total Equity

432.4 m419.9 m401.9 m393.5 m385.8 m372.8 m

Financial Leverage

1.3 x1.3 x1.5 x1.8 x1.8 x1.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(13.2 m)659.5 k(8.4 m)(11.1 m)

Accounts Receivable

64.8 k(204.4 k)(1.8 m)(1.2 m)

Accounts Payable

(997.5 k)985 k1.1 m

Cash From Operating Activities

(1.1 m)19.8 m28.5 m30.8 m

Capital Expenditures

(444 k)(906 k)(2.7 m)(3.2 m)

Cash From Investing Activities

(136.5 k)(238.4 m)(78.5 m)(144.8 m)

Cash From Financing Activities

(1.4 m)227.3 m40.6 m115 m

Free Cash Flow

(627.8 k)20.8 m31.2 m27.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(737.5 k)(1.5 m)(817 k)(3.1 m)(5.1 m)(587 k)(3.2 m)(6.1 m)(2 m)

Accounts Receivable

(1.1 m)(174.1 k)(623 k)(1.4 m)(1.4 m)396 k(135 k)(1.2 m)1.5 m

Accounts Payable

763 k595 k1 m157 k1.1 m1.6 m(193 k)

Cash From Operating Activities

6.9 m12.7 m9.7 m15.6 m23.8 m14.8 m22.1 m27.2 m8.3 m

Capital Expenditures

(435.3 k)(590.1 k)(846 k)(1.1 m)(1.6 m)(737 k)(1.4 m)(2.3 m)(2.2 m)

Cash From Investing Activities

(86.6 m)(92 m)(15.4 m)(28.7 m)(30.2 m)(13.2 m)(115.4 m)(115.6 m)(3.2 m)

Cash From Financing Activities

79.5 m116.6 m8.9 m9.9 m419 k4.8 m100.9 m94.1 m(6.5 m)

Free Cash Flow

6.4 m12.1 m8.8 m14.6 m22.1 m14 m20.7 m24.9 m6.1 m
USDY, 2017

Revenue/Employee

1.4 m

Financial Leverage

1.9 x

CatchMark Timber Trust Market Value History

Traffic Overview of CatchMark Timber Trust

CatchMark Timber Trust Company Life and Culture

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