Urbana Corporation

Urbana Corporation

9.10
CAD
+0.04
(+0.44%)
2.67EPS
3.46P/E
381.66MMarket 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
0.94
0.42
0.23
1.2
0.68
-0.85
1.17
0.33
1.59
0.56
1.91
2.82
1.98
3.07
Basic EPS, GAAP
0.9
0.35
0.19
1.02
0.57
-0.78
1.02
0.27
1.37
0.45
1.68
2.46
1.67
2.67
Free Cash Flow per Basic Share
-0.11
0.24
0.16
-0.05
0.51
0.44
-0.67
0.34
0.15
0.05
-0.15
1.59
-0.93
-0.35
Dividend per Share
- -
0.05
0.05
0.05
0.1
0.1
0.07
0.08
0.09
0.1
0.11
0.12
0.13
0.14
Book Value per Share
2.75
3.25
3.48
4.48
5.03
4.15
5.12
5.64
7
7.48
9.05
11.39
12.93
14.06
Tangible Book Value per Share
2.75
3.25
3.48
4.48
5.03
4.15
5.12
5.64
7
7.48
9.05
11.39
12.93
14.06
Basic Weighted Avg Shares
65
59
55
53
50
50
50
48
44
42
41
41
41
41
Sales/Revenue/Turnover
61
25
13
64
34
-43
59
16
70
23
79
117
82
127
Operating Margin (%)
-1.98
99.41
86.07
96.31
95.38
103.43
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
59
21
10
54
29
-39
51
13
60
19
70
102
69
110
Effective Tax Rate (%)
0.03
12.43
4.86
10.85
11.01
- -
10.66
8.75
11.76
11.93
10.16
10.92
10.86
10.14
Profit Margin (%)
96.37
84.09
79.82
85.35
84.03
91.13
86.67
81.77
86.07
80.7
87.77
87.14
84.66
86.78
Working Capital
-6
-6
-9
-23
-15
16
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
9
4
6
12
1
- -
22
23
24
32
43
- -
26
37
Total Equity
175
187
186
237
251
207
254
249
301
310
375
471
535
582
Return on Invested Capital (%)
-1.02
10.72
5.37
23.39
10.74
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
37.74
10.91
5.41
23.92
11.35
- -
21.02
4.78
20.11
5.68
18.32
22.91
13.41
19.86
Return on Common Equity (%)
39.83
11.79
5.53
25.73
11.81
-16.94
22.02
5.21
21.8
6.19
20.32
24.06
13.75
20.82

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
41
41
Market Capitalization
402
398
382

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1
1
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.05%
16.81%
13.54%
Free Cash Flow
-352.88%
-374.26%
-158.26%
Net Income, GAAP
41.22%
114.4%
-31.99%
Sales/Revenue/Turnover
33.69%
104.93%
-30%
Total Cash Common Dividend
9.85%
6.38%
8.33%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
47
-8
27
50
117
2025
-7
22
46
21
82
2026
26
34
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.99
-0.17
0.58
1.07
2.46
2025
-0.16
0.44
0.96
0.43
1.67
2026
0.53
0.75
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
- -
- -
- -
0.12
2025
0.13
- -
- -
- -
0.13
2026
0.14
- -
- -
- -
- -

Company Description

CEO
Thomas Scott Caldwell
Full Time Employees
2
Sector
Finance
Industry
Financial conglomerates
Address
150 King Street West, Suite 1702 Toronto ON Canada M5H 1J9
IPO Date
Aug 20, 2001
Business
Urbana Corporation (TSX, CSE: URB, URB.A) is a Toronto-based closed-end investment company founded in 1947 and headquartered at 150 King Street West, Suite 1702, Toronto, Ontario, that provides long-term capital appreciation and income to shareholders through a diversified portfolio combining publicly traded securities and private equity investments primarily in the financial services sector, including stock exchanges, banks, broker-dealers, investment managers, digital asset custodians, and trading technologies; its core offerings encompass actively managed liquid public market positions for growth, income, and liquidity alongside high-potential private holdings such as a majority equity interest in Tetra Digital Group Inc. (parent of Tetra Trust Company, a leading Canadian institutional digital asset custodian), approximately 35% ownership in Blue Ocean Technologies LLC (provider of overnight U.S. equity trading systems for global markets), a significant stake in the Canadian Securities Exchange (which operates a senior listing tier and recently completed the acquisition of Australia's National Stock Exchange), interests in Evolve Funds Group Inc., Integrated Grain Processors Co-operative Inc., and select resource exploration ventures like the Urban Gold Project. The company operates principally in Canada and the United States with global exposure through investments in international exchanges and fintech; it is managed by Caldwell Investment Management Ltd. and leverages permanent capital, occasional leverage via borrowing or preferred shares, and normal course issuer bids to enhance shareholder value, including a renewal in September 2025 allowing purchases of up to 10% of its Class A shares public float. Recent developments include an additional $3.5 million investment in September 2025 to maintain its majority position in Tetra Digital Group amid Tetra's $10 million financing round with strategic partners like Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank, and Shopify to launch Canada's first Canadian dollar-backed stablecoin using Tetra's custody infrastructure; congratulations to the Canadian Securities Exchange in October 2025 for finalizing its National Stock Exchange of Australia acquisition following the May 2025 announcement, Tetra Trust's selection by Wealthsimple in May 2025 for digital asset custody, an August 2025 announcement of an investee's initial public offering, intersection of 6.98 g/t gold over 6.00 meters at the Urban Gold Project in August 2025, six consecutive dividend increases culminating in a 8.3% rise announced in January 2025, and filing of 2025 third quarter interim financial statements in November 2025 reflecting net asset value per share of $12.69 as of November 21, 2025.

Company News

  • Urbana (OTCMKTS:UBAAF) Trading 8.7% Higher – What’s Next?

  • Urbana Corporation - Renewal of Normal Course Issuer Bid

  • Urbana Corporation Has Filed 2026 Second Quarter Interim Financial Statements

  • Urbana Corporation - Report of Voting Results Annual Shareholders' Meeting

  • NANO Nuclear's KRONOS MMR™ and the University of Illinois Urbana-Champaign Advance to Next Regulatory Milestone as U.S. NRC Formally Accepts Construction Permit Application for Review

  • NANO Nuclear's KRONOS MMR(TM) and the University of Illinois Urbana-Champaign Advance to Next Regulatory Milestone as U.S. NRC Formally Accepts Construction Permit Application for Review

  • Urbana Corporation Has Filed  2026 First Quarter Interim Financial Statements

  • Urbana Corporation Has Filed  2026 First Quarter Interim Financial Statements

  • Urbana Corporation Congratulates CAD Digital Inc., a Subsidiary of Tetra Digital Group, on the Launch of Canada's First Regulated Stablecoin Issued by a Financial Institution

  • Urbana Corporation Announces Additional Investment in Tetra Digital Group

  • CSE Bulletin: Notice Of Declared Dividend - Urbana Corporation (URB, URB.A)

  • NANO Nuclear Energy Extends Relationship with the University of Illinois Urbana-Champaign to Construct and Operate the First KRONOS MMR™ Energy System on U.S. University Land

  • NANO Nuclear Energy Extends Relationship with the University of Illinois Urbana-Champaign to Construct and Operate the First KRONOS MMR Energy System on U.S. University Land

  • VIDEO - CEO Clips Urbana Corporation: Building Long-Term Asset Value Through Public & Private Investments

  • Urbana Corporation Congratulates Canadian Securities Exchange's Parent Company on Completing the Acquisition of National Stock Exchange of Australia

  • Synchrony and University of Illinois Urbana-Champaign Celebrate Major Expansion as Emerging Technology Center Surpasses 400 Internships, Empowering the Next Generation of Innovators

  • Urbana Corporation Intersects 6.98 g/t Gold over 6.00 metres at the Urban Gold Project

  • Urbana Corporation Has Filed 2025 Second Quarter Interim Financial Statements

  • NANO Nuclear Advances KRONOS MMR™ Construction Program and Deployment at the University of Illinois Urbana-Champaign

  • NANO Nuclear Advances KRONOS MMR Construction Program and Deployment at the University of Illinois Urbana-Champaign