OverviewSuggest Edit

ECN Capital is a company that originates, manages, and advises on credit portfolios. It focuses on unsecured and secured consumer loan and credit card portfolios. The company delivers its services through three operating businesses: Service Finance, Triad Financial Services, and The Kessler Group.

TypePublic
Founded2007
HQToronto, CA
Websiteecncapitalcorp.com
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)590
Revenue (FY, 2019)$248 M(+22%)
Share Price (Nov 2021)C$10.9
Cybersecurity ratingBMore
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Key People/Management at ECN Capital

Steven K. Hudson

Steven K. Hudson

Chief Executive Officer
Michael Lepore

Michael Lepore

Chief Financial Officer
Algis Vaitonis

Algis Vaitonis

Chief Credit Officer
Mary Beth Koenig

Mary Beth Koenig

Chief Legal Officer
Randall Yasny

Randall Yasny

Chief Investment Officer
John Wimsatt

John Wimsatt

Head of Corporate Development and Investor Relations
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ECN Capital Office Locations

ECN Capital has offices in Toronto and West Palm Beach
Toronto, CA (HQ)
Royal Bank Plaza, 200 Bay Street, North Tower, Suite 1625
West Palm Beach, FL, US
777 S Flagler Dr #800
Show all (2)

ECN Capital Financials and Metrics

ECN Capital Revenue

ECN Capital's revenue was reported to be $247.96 m in FY, 2019 which is a 21.6% increase from the previous period.
USD

Revenue (Q3, 2020)

69.5m

Net income (Q3, 2020)

8.0m

Market capitalization (10-Nov-2021)

2.7b

Closing stock price (10-Nov-2021)

10.9

Cash (30-Sept-2020)

46.6m

EV

3.2b
ECN Capital's current market capitalization is C$2.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

24.9m204.0m248.0m

Revenue growth, %

720%22%

General and administrative expense

10.7m41.0m43.2m

Operating expense total

58.8m182.9m217.6m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

46.0m41.5m85.6m56.6m62.0m63.3m60.9m61.2m69.5m

General and administrative expense

10.2m8.9m13.9m10.6m10.7m12.0m14.3m16.3m12.2m

Operating expense total

28.6m41.9m153.8m80.9m41.3m44.1m35.9m50.3m49.6m

Depreciation and amortization

3.2m589.0k5.6m610.0k712.0k1.4m1.6m1.7m1.7m
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

17.3m52.0m51.7m

Accounts Receivable

58.6m21.5m88.2m

Inventories

93.8m25.1m

PP&E

16.1m15.9m22.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

15.9m67.1m97.2m29.5m33.5m37.4m62.5m46.6m

Accounts Receivable

81.0m70.6m74.8m

Inventories

130.4m62.2m

PP&E

16.0m17.2m34.9m38.7m38.4m62.7m62.1m61.6m
Annual
USDFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

4.4m19.5m31.6m

Cash From Operating Activities

36.9m(218.5m)120.8m

Purchases of PP&E

(13.9m)(6.2m)

Cash From Investing Activities

2.2b779.6m(124.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Depreciation and Amortization

3.7m7.3m26.3m7.1m14.2m23.5m8.1m16.2m25.9m

Cash From Operating Activities

(70.3m)(134.1m)(57.4m)62.0m104.0m49.7m(101.7m)(231.3m)(108.7m)

Purchases of PP&E

(4.7m)(1.0m)(2.1m)(3.3m)

Cash From Investing Activities

719.0m(186.9m)496.7m(89.4m)(96.9m)(108.6m)12.0m3.8m(11.0m)
USDFY, 2017

Debt/Equity

0.8 x

Debt/Assets

0.4 x

Financial Leverage

1.9 x
Show all financial metrics

ECN Capital Operating Metrics

Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020

Dealers

18 k19 k20 k20 k21 k21 k

Managed Credit Portfolio (Financial Institutions)

$32 b$33 b$34 b$34 b$33 b$32 b

Managed Credit Portfolio (Home Improvement Loans)

$2 b$2 b$3 b$3 b$3 b$3 b

Partners

180185189189190190
Show all operating metrics

ECN Capital Acquisitions / Subsidiaries

Company NameDateDeal Size
Service Finance Company LLCJune 08, 2017
ECN Aviation Inc
ECN Platinum LLC
ECN (US) Holdings Corp
Kessler Financial Services LLC
Triad Financial Services

ECN Capital Revenue Breakdown

Embed Graph

ECN Capital revenue breakdown by business segment: 24.0% from Triad Financial Services - Manufactured Home Loans, 34.1% from KG - Consumer Credit Card Portfolios & Related Financial Products, 40.8% from Service Finance - Home Improvement Loans and 1.1% from Other

ECN Capital Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

ECN Capital Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

ECN Capital Online and Social Media Presence

Embed Graph

ECN Capital Company Culture

  • Overall Culture

    A+

    96/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

ECN Capital News and Updates

ECN Capital Changes Schedule for 2022 Investor Day

TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or “the Company”) has rescheduled its annual Investor Day from Tuesday, January 25, 2022 to Tuesday February 8, 2022 at the Ben West Palm in West Palm Beach, Florida due to logistical issues. Presentations will …

ECN Capital Corp. Announces Mailing of Management Information Circular in Connection with the Special Meeting to Consider Reduction in Stated Capital

TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (“ECN Capital” or the “Corporation”) (TSX: ECN) announced today that it has mailed its management information circular ("Circular") and related materials (together with the Circular, the "Meeting Materials") in connection with the specia…

ECN Capital Announces Closing of $11.25 Million Offering of 6.00% Senior Unsecured Debentures Pursuant to Over-Allotment Option

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

ECN Capital Schedules Q3-2021 Conference Call

TORONTO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or “the Company”) announced today that it intends to file its financial statements and management discussion and analysis for the three-month period ended September 30, 2021 after markets close on Wednesday, Nov…

ECN Capital Schedules 2022 Investor Day

TORONTO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or “the Company”) will hold its annual Investor Day on Tuesday, January 25, 2022 at the Ben West Palm in West Palm Beach, Florida. Presentations will be given by management of ECN Capital as well as each of its …

ECN Capital Announces $75 million Bought Deal Offering of 6.00% Listed Senior Unsecured Debentures

Not for distribution to U.S. news wire services or dissemination in the United States.
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ECN Capital Frequently Asked Questions

  • When was ECN Capital founded?

    ECN Capital was founded in 2007.

  • Who are ECN Capital key executives?

    ECN Capital's key executives are Steven K. Hudson, Michael Lepore and Algis Vaitonis.

  • How many employees does ECN Capital have?

    ECN Capital has 590 employees.

  • What is ECN Capital revenue?

    Latest ECN Capital annual revenue is $248 m.

  • What is ECN Capital revenue per employee?

    Latest ECN Capital revenue per employee is $420.3 k.

  • Who are ECN Capital competitors?

    Competitors of ECN Capital include Alterna Savings, Mackie Research and Aligned Capital Partners.

  • Where is ECN Capital headquarters?

    ECN Capital headquarters is located at Royal Bank Plaza, 200 Bay Street, North Tower, Suite 1625, Toronto.

  • Where are ECN Capital offices?

    ECN Capital has offices in Toronto and West Palm Beach.

  • How many offices does ECN Capital have?

    ECN Capital has 2 offices.