1. Canada Stocks

  2. •

    Financial Services

  3. •

    Financial - Mortgages
Starrex International Ltd.

Starrex International Ltd.

STX.CN
Starrex International Ltd.CA flagCanadian Securities Exchange
0.16
CAD
- -
- -
2.56MMarket 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
- -
- -
- -
0.2
0.4
0.45
0.52
0.66
0.79
1.1
0.34
0.24
0.6
0.6
Basic EPS, GAAP
-0.02
-0.03
-0.04
-0.15
-0.07
-0.05
-0.06
-0.06
-0.07
0.11
0.03
0.26
-0.33
-0.39
Free Cash Flow per Basic Share
-0.02
-0.01
-0.01
-0.09
-0.08
- -
-0.02
-0.01
-0.01
0.06
0.05
-0.08
-0.13
-0.18
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.19
0.13
0.36
0.4
0.24
0.18
0.13
0.07
0.05
0.17
0.21
0.51
0.18
0.1
Tangible Book Value per Share
0.16
0.14
0.36
0.15
0.14
0.1
0.05
-0.08
-0.08
0.06
0.11
0.48
-0.3
-0.34
Basic Weighted Avg Shares
3
3
4
11
14
14
14
15
15
16
16
16
16
16
Sales/Revenue/Turnover
- -
- -
- -
2
6
7
8
10
12
17
5
4
10
10
Operating Margin (%)
-1,059.2
- -
- -
-29.1
-13.17
-15.09
-5.29
-8.35
-8.32
10.06
-1.22
-21.76
-74.29
-81.6
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
Net Income, GAAP
- -
- -
- -
-2
-1
-1
-1
-1
-1
2
1
4
-5
-6
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.04
- -
- -
- -
- -
Profit Margin (%)
-1,059.2
- -
- -
-75.06
-16.74
-11.83
-10.92
-8.41
-8.61
9.91
9.95
109.12
-55.54
-64.73
Working Capital
1
- -
1
2
- -
1
1
-1
-2
1
1
7
-5
-6
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
Total Equity
1
- -
1
4
3
3
2
1
1
3
3
8
4
2
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
78.08
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
83.1
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-15.36
-58.41
-25.14
-25.39
-36.68
-55.88
-112.17
98.61
17.94
72.86
-99.48
-133.92

Capital Structure

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
9
7
7
LT Borrowings
1
- -
- -
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
9
2
1

Working Capital

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
10
3
2
Cash, Cash Equivalents & STI
5
2
2
Accounts Receivable, Net
1
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
11
8
8
Payables & Accruals
1
1
1
ST Debt
9
7
7
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
42.01%
62.28%
-53.85%
Free Cash Flow
346.91%
-212.05%
60.37%
Net Income, GAAP
119.06%
28.52%
-232.07%
Sales/Revenue/Turnover
- -
25.63%
159.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1
1
1
1
4
2023
1
3
3
2
10
2024
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
-0.02
- -
0.26
2023
-0.03
-0.06
-0.01
- -
-0.33
2024
-0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Charles Burns
Sector
Financial Services
Industry
Financial - Mortgages
Address
Standard Life Building Calgary AB Canada T2P 0M9
IPO Date
Oct 1, 1999
Website
starrexintl.com
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Business
Starrex International Ltd. (CSE:STX, OTCQB:STXMF) acquires, manages and grows companies active in the mortgage, real estate and other financial sectors in the United States. The company provides credit reporting services through its wholly-owned subsidiary MFI Credit Solutions LLC, which delivers consumer credit reports, risk mitigation, flood determination and verification services to mortgage lenders, brokers and credit unions nationwide; real estate appraisal management through Property Interlink LLC, a licensed firm offering objective evaluations of residential real estate across 35 states; and title services via All American Title Company LLC and related entities, including title searches, abstracting, examinations, closings and insurance for property transfers primarily in Minnesota and Wisconsin. Starrex operates in the mortgage value chain, targeting mortgage banks, real estate purchasers and financial institutions with technology-driven solutions for faster turnaround times. Incorporated in 1982 and headquartered in Calgary, Alberta, Canada, at 639 5th Avenue SW, Suite 1250, the company changed its name from Starrex Mining Corporation Limited in May 2014 to reflect its pivot to financial services. Recent developments include the March 2023 acquisition of All American Title group of companies for US$9 million in cash and notes to expand into real estate title operations; a December 2023 settlement resolving a US$5 million credit facility dispute with mutual releases; the divestiture of its appraisal businesses to focus on credit and title segments; and ongoing challenges with delayed financial filings as of August 2024.