Sunday, May 21, 2017

Input Capital reports 1st quarter earnings

Input Capital:

Adjusted streaming sales of $8.967 million on the delivery of 18,992 canola equivalent metric
tonnes1 (“MT” or “tonnes”) at an average price of $472 per MT

Generated an additional $2.267 million in sales from canola trading for total adjusted sales1 of
$11.234 million

Cash operating margin1from streaming contracts of $8.107 million, or $427 per MT (90.4% cash
operating margin)

Adjusted operating cash flow1 of $2.916 million or $0.04 per share

The company is debt free and can finance existing growth with company generated cash flow. The company continues sign streaming contracts as illustrated below.


One other facet of this company that I like and that gives me confidence in the business is that the management owns 27% of the shares and during the quarter the management bought 4.2 million shares at a cost of around $1.80 per share.

This indicates to me that the managers of the company, and those that know the business best, are putting their own money into additional shares. That is usually a good sign.

I am a long term investor and holder of Input Capital shares.




1 comment:

Anonymous said...

Thanks for posting this update. I was skeptical of investing in the company until I learned of the new marketing stream. Please keep updating all of us on this company.

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