RediShred Capital Corp.

RediShred Capital Corp.

RDCPF
RediShred Capital Corp.US flagOther OTC
3.47
USD
+0.03
- -
63.88MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
0.58
0.71
0.81
1.07
1.33
1.66
1.3
1.32
1.55
1.62
2.28
3.14
3.6
3.81
Basic EPS, GAAP
-0.08
-0.49
-0.01
0.04
0.15
0.03
0.11
0.24
-0.05
0.02
0.09
0.32
-0.03
0.04
Free Cash Flow per Basic Share
-0.11
-0.59
-0.25
0.07
0.16
0.09
0.14
0.12
0.12
0.28
0.16
0.33
0.36
0.39
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.13
-1.63
-1.63
-1.58
0.06
-0.07
0.66
1.77
2.04
1.89
2.51
2.55
2.53
2.64
Tangible Book Value per Share
-0.37
-0.9
-1.05
-0.95
-0.82
-0.8
0.27
0.89
0.19
-0.42
-0.28
-0.44
-0.37
-0.4
Basic Weighted Avg Shares
6
6
6
6
6
6
9
11
14
16
16
18
18
18
Sales/Revenue/Turnover
3
4
5
6
8
10
12
15
22
25
36
57
66
70
Operating Margin (%)
-20.53
-28.52
-6.25
21.25
11.89
8.86
10.06
13.27
5.33
7.96
9.69
10.44
5.77
5.46
Depreciation Expense
1
1
1
1
1
2
2
2
4
6
7
10
12
12
Net Income, GAAP
- -
-3
- -
- -
1
- -
1
3
-1
- -
1
6
-1
1
Effective Tax Rate (%)
- -
- -
- -
- -
26.99
- -
- -
- -
- -
- -
36.15
22.97
217.04
53.05
Profit Margin (%)
-13.47
-68.71
-0.87
3.93
11.62
1.81
8.84
18.5
-3.48
1.09
3.75
10.26
-0.8
1
Working Capital
3
- -
- -
- -
- -
-4
1
7
4
-3
-13
-19
-18
-19
LT Debt
5
7
8
8
8
2
3
4
15
19
7
11
11
12
Total Equity
2
- -
-1
- -
1
- -
6
20
30
30
40
47
47
50
Return on Invested Capital (%)
- -
- -
- -
- -
7.66
- -
- -
- -
- -
- -
3.58
5.89
-5.28
2.05
Return on Capital (%)
- -
- -
- -
- -
35
- -
- -
- -
- -
- -
3.47
9.5
-4.16
2.2
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
21.03
-3.16
0.93
3.91
13.63
-1.14
1.46

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
24
23
26
LT Borrowings
9
8
8
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
50
59
73

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
12
13
14
Cash, Cash Equivalents & STI
2
3
2
Accounts Receivable, Net
9
9
10
Inventories
- -
- -
- -
Total Current Liabilities
30
29
33
Payables & Accruals
4
4
4
ST Debt
24
23
26
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-168.17%
20.23%
-0.32%
Free Cash Flow
37.45%
56.44%
10.61%
Net Income, GAAP
50.26%
70.28%
-109.01%
Sales/Revenue/Turnover
31.08%
36.4%
15.22%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
13
15
15
15
57
2023
17
17
15
17
66
2024
17
18
18
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.02
0.15
0.21
- -
0.32
2023
0.04
-0.05
0.06
- -
-0.03
2024
0.1
0.05
-0.04
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jeffrey I. Hasham CA, CPA
Sector
Industrials
Industry
Specialty Business Services
Address
6505 Mississauga Road Mississauga ON Canada L5N 1A6
IPO Date
Apr 17, 2013
Business
RediShred Capital Corp. operates primarily as a provider of secure information destruction services and related technology solutions. The company offers a comprehensive suite of services including secure shredding of paper and electronic media; confidential document and data destruction; hard drive and electronic media destruction; recycling of shredded materials; and secure digital storage solutions. Geographically, RediShred operates across various regions in Canada and the United States, servicing clients in both the public and private sectors with a focus on regulatory compliance and data security. Founded in 2016 and headquartered in Winnipeg, Manitoba, RediShred Capital Corp. has positioned itself within the information management and security industry, targeting businesses requiring secure data destruction and compliance services. The company has expanded through strategic acquisitions of regional service providers to broaden its footprint and service capabilities. Recent company developments include the launch of new technology-driven service offerings designed to enhance secure digital data management and remote shredding tracking systems, reflecting a significant focus on integrating technology to improve service delivery and customer experience. RediShred's latest strategic moves also encompass partnerships with waste management and recycling firms to improve sustainability practices in its shredding and recycling processes. The company continues to invest in expanding its service network and upgrading equipment to meet growing demand and evolving industry standards, reinforcing its competitive position in North America. These changes underscore RediShred's commitment to innovation, operational excellence, and environmental stewardship within its core business of secure information destruction.

Company News

APIChat
  • VRC Companies, LLC Completes Acquisition of Redishred Capital Corp.

  • Redishred Capital Corp. ("Redishred", or the "Company") Announces Strong Q3 2024 Results

  • Redishred Capital Corp. ("Redishred") To Announce Third Quarter 2024 Results And Investor Conference Call Details

  • Redishred Capital Corp. to be Acquired by VRC Companies, LLC

  • RediShred Capital Corp. ("RediShred", or The "Company") Announces Q2 2024 Results With Record Consolidated Revenue

  • Redishred Capital Corp. ("Redishred") to Announce Second Quarter 2024 Results and Investor Conference Call Details

  • Redishred Capital Corp. Announces the Acquisition of Confidential Shredding in New York & New Jersey

  • Redishred Capital Corp. Announces The Death of Board Member Robert G. Kay

  • Redishred Capital Corp. Announces the Acquisition of Select Shred in Florida

  • Redishred Capital Corp. Announces Strong Q4 2023 Results

  • Redishred Capital Corp. ("Redishred") Release of Fourth Quarter and Year Ended 2023 Results, and Investor Conference Call Timings Updated

  • Redishred Capital Corp. ("Redishred") To Announce Fourth Quarter and Year Ended 2023 Results, and Investor Conference Call Details

  • Redishred Capital: Cheap With Vast Acquisition Runway

  • Redishred Capital Corp. Announces the Acquisition of MDK Recycling LLC

  • Redishred Capital Corp. Announces New Stock Option Grants

  • RediShred Capital: Turning Shredded Paper Into Free Cash Flow, Initiate With A Buy Rating

  • Redishred Capital Corp. ("Redishred", or the "Company") Announces Strong Q3 2023 Results

  • Redishred Capital Corp. ("Redishred") to Announce 3rd Quarter 2023 Results and Investor Conference Call Details

  • Redishred Capital Corp. Announces New Stock Option Grants

  • Redishred Capital Corp. Announces the Acquisition of Proshred Baltimore