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    Financial - Credit Services
ECN Capital Corp.

ECN Capital Corp.

ECN.TO
ECN Capital Corp.CA flagToronto Stock Exchange
3.10
CAD
+0.01
- -
873.37MMarket Cap
ECN Capital Corp.
ECN.TO
(Toronto Stock Exchange)

Recent

price

3.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.15
0.31
0.39
0.26
0.04
0.59
1.02
0.61
0.49
0.8
0.63
0.79
0.91
0.91
Revenue per Share
0.03
0.13
0.18
0.06
0.13
-0.5
-0.1
-0.09
3.98
0.06
-0.42
- -
0.05
0.05
Basic EPS, GAAP
-2.7
-2.88
-1.99
-0.25
0.06
-0.67
0.48
-0.5
0.53
-3.71
-0.18
0.64
0.04
0.04
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.06
0.07
0.09
0.13
5.97
0.05
0.05
0.06
0.06
0.06
Dividend per Share
- -
- -
- -
3.28
3.3
2.64
2.64
2.45
0.34
0.33
0.13
0.09
0.11
0.11
Book Value per Share
- -
1.89
2.57
3.32
2.43
0.85
0.25
0.01
-0.89
-0.42
-0.57
-0.59
-0.63
-0.63
Tangible Book Value per Share
436
436
436
387
386
335
243
242
244
246
255
281
281
281
Basic Weighted Avg Shares
67
135
170
102
17
197
248
147
120
197
159
221
255
255
Sales/Revenue/Turnover
52.99
57.98
63.18
19.04
-224.99
14.76
21.99
-0.9
-16.13
12.29
-35.28
6.82
17.84
17.84
Operating Margin (%)
1
14
35
94
4
15
32
24
9
13
15
17
20
20
Depreciation Expense
14
56
79
25
60
-157
-15
-14
970
16
-107
8
21
21
Net Income, GAAP
29.02
25.37
21.85
- -
- -
- -
- -
- -
- -
61.06
- -
52.53
49.51
49.51
Effective Tax Rate (%)
20.31
41.81
46.63
24
356.82
-79.73
-5.94
-9.24
809.9
8.08
-67.02
3.45
8.08
8.03
Profit Margin (%)
- -
768
659
2,760
1,293
764
488
544
-3
925
874
510
542
542
Working Capital
- -
2,625
3,222
3,355
1,142
335
448
517
275
1,029
918
591
607
607
LT Debt
- -
849
1,147
1,361
1,498
1,107
879
823
219
194
209
211
216
216
Total Equity
- -
2.31
1.5
- -
- -
- -
- -
- -
- -
0.94
- -
0.74
2.83
2.83
Return on Invested Capital (%)
- -
5.29
3.3
- -
- -
- -
- -
- -
- -
1.98
- -
0.84
2.95
2.9
Return on Capital (%)
- -
- -
- -
3.87
4.08
-15.45
-3.2
-3.72
287.14
19.29
-187.36
-0.31
45.89
54.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
558
576
595
LT Finance Leases
13
12
12
Preferred Equity and Hybrid Capital
124
124
124
Shares Outstanding
281
281
282
Market Capitalization
568
574
623

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
582
609
611
Cash, Cash Equivalents & STI
13
24
17
Accounts Receivable, Net
97
86
96
Inventories
- -
- -
- -
Total Current Liabilities
79
80
70
Payables & Accruals
79
80
70
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.78%
-14.69%
2.54%
Free Cash Flow
-332.87%
-338.86%
-93.66%
Net Income, GAAP
-845.17%
-1,613.72%
170.77%
Sales/Revenue/Turnover
100.88%
16.24%
15.7%
Total Cash Common Dividend
- -
1,242.48%
-0.39%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
48
39
45
27
159
2024
47
57
66
50
221
2025
54
60
72
69
255

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.09
-0.12
-0.02
- -
-0.42
2024
-0.03
0.02
0.02
- -
- -
2025
-0.01
0.01
0.04
- -
0.05

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.01
0.02
0.01
- -
0.05
2024
- -
0.02
0.01
- -
0.06
2025
0.01
0.02
0.01
- -
0.06
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Business
ECN Capital Corp. (TSX: ECN), founded in 2016 and headquartered in Toronto, Ontario, with a U.S. head office in West Palm Beach, Florida, provides business services to North American banks, credit unions, insurance companies, pension funds and institutional investors; it originates, manages and advises on credit assets including consumer loans for manufactured housing through Triad Financial Services, recreational vehicle and marine loans through Source One Financial Services and Intercoastal Financial Group, home improvement installment loans through Service Finance, and consumer credit card portfolios, co-brand partnerships, transaction advisory and data analytics through The Kessler Group. The company operates primarily in the United States and Canada, serving over 100 financial partners with approximately US$7.6 billion in managed assets across its manufactured housing finance and recreational vehicle and marine finance segments. In November 2025, ECN Capital entered into a definitive agreement to be acquired by an investor group led by Warburg Pincus in an all-cash transaction valued at approximately C$1.9 billion, representing premiums of 13% on common shares and 11% on Series C preferred shares to unaffected prices, with the deal unanimously approved by the board's special committee, supported by major shareholders including Champion Homes, and expected to close in the first half of 2026 subject to approvals; recent financings include C$75 million and C$8 million offerings of 6.50% convertible senior unsecured debentures in March and April 2025.