Invesque Inc.

Invesque Inc.

IVQ.TO
Invesque Inc.CA flagToronto Stock Exchange
0.12
CAD
+0.00
- -
110.70MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
24.54
22.97
11.41
2.46
1.95
2.24
2.68
3.84
3.43
3.44
3.4
2.74
0.08
0.04
Basic EPS, GAAP
-30.45
47.04
16.16
0.3
0.5
-0.24
-0.1
-3.3
-0.22
-0.86
-1.75
-0.54
-0.03
-0.02
Free Cash Flow per Basic Share
-9.76
-15.03
-5.52
0.57
1.26
0.5
-4.06
0.25
0.2
0.1
- -
0.07
-0.02
-0.02
Dividend per Share
- -
- -
10.5
0.6
0.72
0.7
0.6
0.18
- -
- -
- -
- -
- -
- -
Book Value per Share
-62.24
-8.7
0.17
18.23
8.98
8.42
7.22
3.59
3.39
2.45
0.87
1.59
0.07
0.07
Tangible Book Value per Share
-58.54
-5.39
2.69
18.31
9.07
8.4
7.31
3.73
3.6
2.58
1.08
1.99
0.1
0.1
Basic Weighted Avg Shares
- -
- -
- -
16
32
50
54
56
56
57
57
61
914
914
Sales/Revenue/Turnover
2
2
1
40
63
112
145
214
193
195
193
168
77
41
Operating Margin (%)
-3.06
-10.7
-38.38
78.67
74
64.26
42.26
8.07
22.61
14.07
13.48
16.99
17.14
8.7
Depreciation Expense
- -
- -
- -
1
2
- -
14
49
22
17
16
10
2
2
Net Income, GAAP
-2
3
1
5
16
-12
-5
-184
-12
-49
-99
-33
-31
-22
Effective Tax Rate (%)
- -
- -
- -
53.16
25
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-124.1
204.8
141.65
12.23
25.78
-10.92
-3.7
-86.13
-6.33
-25.07
-51.47
-19.79
-41.01
-54.5
Working Capital
-28
-3
- -
-49
-43
-38
-43
-3
-15
-401
-261
-57
40
13
LT Debt
- -
- -
- -
308
370
669
956
1,012
838
321
308
103
33
6
Total Equity
-4
- -
- -
297
319
493
480
293
288
232
147
122
94
95
Return on Invested Capital (%)
- -
- -
-25.98
4.45
4.94
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
128
3.5
4.45
- -
- -
- -
- -
- -
- -
- -
- -
75.2
Return on Common Equity (%)
- -
- -
- -
3.3
5.55
-3.44
-1.32
-62.39
-6.26
-29.62
-105.61
-45.4
-38.13
-28.42

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7
- -
- -
LT Borrowings
33
33
6
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
914
914
914
Market Capitalization
78
99
85

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
92
44
15
Cash, Cash Equivalents & STI
15
39
10
Accounts Receivable, Net
5
4
5
Inventories
- -
- -
- -
Total Current Liabilities
49
3
2
Payables & Accruals
4
3
2
ST Debt
7
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14,383.71%
-19.51%
-22.78%
Free Cash Flow
-177.54%
258.72%
-467.91%
Net Income, GAAP
386.65%
47.44%
-5.2%
Sales/Revenue/Turnover
460.27%
-15.39%
-54.26%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
44
42
42
43
168
2025
37
28
7
3
77
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
-0.28
-0.13
- -
-0.54
2025
-0.01
0.02
-0.04
- -
-0.03
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Adlai Chester
Full Time Employees
1,448
Sector
Real Estate
Industry
Real Estate - Services
Address
333 Bay Street Toronto ON Canada M5H 2S7
IPO Date
Sep 20, 2019
Business
Invesque Inc. Invesque Inc. (TSX: IVQ) operates as a health care real estate investment company focused on acquiring, owning, and managing income-producing properties across North America, primarily in the seniors housing and care sectors. The company's portfolio includes independent living, assisted living, memory care, and owner-occupied seniors housing properties; skilled nursing facilities; transitional care properties; medical office buildings; and complementary health care assets such as free-standing emergency rooms, ambulatory surgery centers, and urgent care centers, often structured through long-term triple-net leases with leading operators and minimal capital expenses. Founded in 2007 and headquartered in Vancouver, British Columbia, Canada, Invesque targets private-pay senior living markets in the United States and Canada, with approximately 1,900 employees and operations emphasizing stable cash flows from master lease agreements averaging 11 to 13 years. Invesque maintains long-standing partnerships with prominent health care operators and delivers management services through subsidiaries like Senior Living LLC for owner-operated properties. In recent developments, the company executed a strategic overhaul, divesting 32 non-core assets totaling $423.1 million between 2024 and 2025, including the $222 million sale of 20 private-pay senior living communities and Commonwealth Assisted Living LLC in June 2025, which eliminated $222 million in mortgage debt and $58.6 million in preferred equity; this culminated in the August 2025 disposition of its remaining two skilled nursing facilities in Illinois and full repayment of the KeyBank credit facility. Additionally, in April 2024, a company controlled by CFO Adlai Chester acquired 16.98 million shares from Tiptree units for $625,000, increasing aligned ownership to approximately 30.6% and exiting Tiptree's position. These moves enhance capital efficiency, reduce leverage, and position Invesque for focused growth in high-quality seniors housing investments.